Fostering entrepreneurship: impact of specialization and diversity in education |
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Authors: | Dev K. Dutta Jun Li Michael Merenda |
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Affiliation: | (1) Department of Management, Whittemore School of Business and Economics, University of New Hampshire, 15 Academic Way, Durham, NH 03824, USA |
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Abstract: | The present research aims to enhance our understanding of how prospective entrepreneurs benefit from specialized entrepreneurship education combined with a diversified educational experience. We find intriguing evidence that depth or specialization of entrepreneurship education is not enough for wealth creation from future entrepreneurial activities. Instead, it is breadth or diversity of educational experiences that positively influences future wealth creation, in terms of both the entrepreneur’s personal income as well as personal net worth. The results of the study have important implications for entrepreneurship educators and their students, researchers, policy makers, as well as nascent entrepreneurs. |
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