1. WHY ENTREPRENEURIAL EDUCATION
Entrepreneurhsip and Innovation Center of
the University of Zenica
WHY ENTREPRENEURIAL EDUCATION
Tempus Project:Competency Based Curriculum Reform in Nursing and Caring in Western Balkan Universities
Full Professor Dr Darko Petković
Seminar, Skhodra, Albania,

2. New situation? 10-14 Jobs by Age 38
Macro Trends toward Contract Workers
Entrepreneurship is Not Just Starting a New Venture
Creating Own Job

3. TRENDS IMPACTING 21st CENTURY WORKFORCE
Multiple jobs, multiple employers
Small business, new ventures and self-employment will drive job creation
Technology-driven workforce
Rapid advances in science and technology
Globalization

4. Why become an entrepreneur?
TO BE YOUR OWN BOSS!
TO DEVELOP OWN IDEAS!
TO HAVE FINANCIAL GAIN!

5. Entrepreneurial Alertness
Why do entrepreneurs see opportunities others miss?
“Entrepreneurial Alertness”
Confluence of experience, knowledge and actively seeking opportunities
Continually absorbs large amounts of information from press, colleagues, customers, etc.
Actively seeks problems in need of a solution

6. The most common myths about entrepreneurs
Myth No. 1 Entrepreneurs are born to be – it is impossible to become an entrepreneur!
Myth No. 2 Entrepreneurs are gamblers!
Myth No. 3 Entrepreneurs are primarly money-motivated!
Myth No. 4 Entrepreneurs should be young and energetic!
Myth No. 5 Entrepreneurs like to be in the spotlight!

7. Common characteristics and features of entrepreneurs
THEY ARE/HAVE
Promotors
Driven (motivated by achievements)
Gathering and enhancing resources
Self-confident
Searching for opportunities
Self-motivated
Creative
Persistent
Determined
Tolerate uncertainity
Energetic
Visionaries
Strong work ethics
Moderate regarding risk taking
Dedicated to networking
Wide scope of attention
An optimistic attitude
Convincing

8. Defining Entrepreneurship
“The process of creating value by bringing together a unique combination of resources to exploit an opportunity”
Process
Creating value where none existed
Combining resources in a different way
An opportunity-driven behavior
“The ability to create & build a vision from practically nothing
Improvisation

9. Entrepreneurship Process
The process through which an individual or team creates or recognizes opportunities to pursue something of value, regardless of the resources available.
An approach to life built around innovative thinking, calculated daring and proactive behavior.
A habit of mind and attitude, a skill set applicable to pursuing innovation in business, personal and career contexts.

10. Importance of Entrepreneurship
Joseph Schumpeter (Austrian economist) – Book „Theory of economic development”
...:Entrepreneurs develop new products and technologies, which will, in the course of time, replace the currently used products and technologies.
For Schumpeter, this process is creative destruction.
Since every new product and technology are more perfect than the previous one and available to wider scope of society, it increases demand, and the creative destruction leads to increase of economic activity...

11. Case study from Drexel University - USA
ENTREPRENEURSHIP
LIVING-LEARNING
COMMUNITY
Thanks for slides to prof.dr Roy Carricer, dean of Faculty of Entrepreneurship. – Drexel University.

12. New Degree Offerings for Fall 2014
BA in Entrepreneurship and Innovation
MS in Entrepreneurship and Innovation
Minors:
Entrepreneurship
Social Entrepreneurship
Energy Innovations
Health Innovations
NEW DEGREE OFFERINGS

13. Current Electives Launch It! Work on the actual launching of a startup
$2000 in seed funding
Social Entrepreneurship
Life Strategies
Dynamics of the Family Firm
CLASSES THAT MAKE A DIFFERENCE

14. Social Entrepreneurship
A social entrepreneur identifies and solves social problems on a large scale. Just as business entrepreneurs create and transform whole industries, social entrepreneurs act as the change agents for society, seizing opportunities others miss in order to improve systems, invent and disseminate new approaches and advance sustainable solutions that create social value.
In our Social Entrepreneurship course, we take a broad view of social ventures through case analysis, early venture development and profiles of the entrepreneurs who are passionate about the triple bottom line: People, Planet and Profit. Famous social entrepreneurs include Alan Khazei, founder of City Year and Bill Clinton, founder of the Clinton Global Initiatives. Local entrepreneurs include Collin Cavute, founder and CEO of Biome and Drexel student.
We explore:
The critical elements needed to create a sustainable social venture.
How to create large-scale change in environments that have strong cultural and institutional influences.
How to develop frameworks and tools that can be used by an aspiring social entrepreneur looking to launch a venture.
How to develop frameworks and tools that can be used by or a potential investor wanting to assess the likelihood that the sustainable social venture will be successful.

15. BA in Entrepreneurship & Innovation
General Requirements
Individual as Entrepreneur
"Entrepreneurial Leadership"
"Ready Set Fail"
"Life Strategies"
"Innovation Neighborhood"
Process of Entrepreneurship
"Enter and Exit Funding"
"Accounting for New Ventures"
“Dynamics of the Family Firm"
"Franchising"
Social Entrepreneurship Track
Energy and Sustainability Innovations Track
Health Innovations Track
Elective Courses
Examples:
“Global Entrepreneurship"
"Corporate Innovation"
Academic Minors
Example: communications, finance,
sociology, etc.

16. Minors in Entrepreneurship & Innovation
Energy Innovations
Health Innovations
Social Entrepreneurship

17. MS in Entrepreneurship & Innovation
Individual as Entrepreneur
“Entrepreneurship Essentials”
“Personal Dynamics: Starting a New Venture”
Electives
“Entrepreneurship in Emerging Markets”
“Clean Venture Lab”
Process of Entrepreneurship
“Learning from Failure” “Methods of Entrepreneurship”

19. Case study – University of Zenica?
Innovation and Entrepreneurship Centre
Business Service Office
Incubator and Technology Parks – with city of Zenica and Canton
Elective modules of entrepreneurship at different faculties (mechanical engineering, polytechnic, metallurgy, health,....)

20. Full Professor Dr Darko Petković E-mail: darkopetkovic1960@gmail.com
Entrepreneurship and Innovation Center of the University of Zenica – EIC UNZE
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