Can entrepreneurship be taught?

Entrepreneurship= Hard Work+ Smart work

Well, sometimes its in your blood. But yes it does needs a direction to handle business. Its always taught, whether it be some management institute or your parent or some god father, its always taught.

Entreprenur is defined to an individual who has leadership qualities, risk taking capacities , hard working nature , right attitude , good spirit , honest and creative abilities as well as art of lateral thinking. It should be bear in mind that basically  it is a skill it can be learnt any time in life, while some qualities or trait are inbuild it cannot be generated .Take for ex: case of Mr. Dhirubhai Ambani, Mr. Richard Branson , Mr.Warren Buffet, Mr.Bill Gates they are some special personality , they have some inbuild skill or trait for that the reason they have been succesful in there field.But if you compare those with management graduate the ratio is far less . You have lot more management graduate  holding the post of C.E.O. ,and looking after the working of a company on day to day basis.They are able to run an institution or an organisation properly because of the education learnt from business school. Because the syllabus of management courses are being formed by those who are in the field , there experiences and there knowledge on how to tackle the crisis , by learning this skill , i.e by attending lecture , seminar and debate and through play one can inherite this qualities and able to apply the knowledge in correct situation and be successful in his field. But along with this, there should passion ,determination, craze and never to die attitude.And last of all luck which is most important without which a individual can't be successful . To be a successful person mantra  is very simple  90% hardwork and 10% luck.   

It is true that many big time entrepreneurs did not have formal education background. But in today's times with vision, drive and commitment a technical class room support is needed, which gives a wider vision to your imagination which makes sure you are acting at par with current needs.

I surely agree with Veena.

Maybe all the naunces can be taught in a class room

but widout practical knowledge passion n the desire to achieve tht goal one cant get to the top

hi veena!  enterpreneurship as a subject  can always be taught in class by addressing its different contexts,say by addressing case studies wherein many successful enterpreneurs have taken risk and finally how fantastically they'va managed to come out of tragic situation when the audience even become stunned about what may happen.mba students can at least be prepared for those situations i.e. how to tackle.this will obviously make them them provide with an edge over.for not to repeat the same mistakes .yes but of course either it is mbas case or of ageneral enterpreneurs ,incidents are not oftenly the same as taught in the classrooms,it may be diffferent and they will be there to tackle in in thier own way which may be rally new.

but again those case studies will obviously open the knots in your mind and will make you thinking flexible .and hence entrepreneurship taught in class will always have some implications.but becoming enterpreneurship a person have the right attitude for their vision and they must think of mainting a tradeoff between their risk taking effort and managing their resources to work well in the picture. 

Yes, the "experience make the man perfect", all those school dropout enterproners have better experince than those who studied the subject and enter in to the business..

yes i do agree with veena about the topic 

well said veena we can present the facts and figure in classroom, it widens the bandwidth of thinking but for becoming enterprenure there should be power to take decision,so we can teach about enterprenureship in class rather than create enterpreures in class

In the recently published list of the 100 Best CEOs based on long-term value creation, (research by INSEAD Professors; published by Harvard Business Review), the group was almost equally divided between those who had formal education (mostly a degree followed by a MBA) and those who did not have such education. As mentioned in one of the earlier debates, some topics need a third alternative: Yes AND No!. In the absence of such an alternative, I will argue for yes.

In our anxiety to debate entrepreneurship, we have forgotten an intermediate stage that is required for every manager. This is called intrapreneurship - the ability to think like an entrepreneur even when you are working for someone or an organization. Intrapreneurship requires all the attributes of entrepreneurship - passion, process ownership, the ability to look at the big picture, dreaming and executing and so on. The best organizations are those that are comprised of a significant proportion of intrapreneurs besides a visionary entrepreneur. These traits or characteristics can be taught - no, not in a B-School but right from childhood. We need to encourage children to take initiative, learn from honest mistakes and constantly nurture the spirit of calculated risk-taking. With such training and orientation, we can develop an entire generation of entrepreneurs. That such a bold step is not taken in most families is another matter.

On the other hand, if the question is whether all the traits can be taught in a one or two year program after you have crossed twenty, and already have a mind of your own, the answer would be no.

Entrepreneurship is name of an initiative and this initiative can be egnited by teaching. Hence, I belive that entreprenurship process can be taught as a subject. However, people who have spark of business they should choose this subject as a major.

Then only benifit can be drawn from this study, else he will become part of the others initiative.

Enterpenuership is trait. It has to be imbibed and cultivated which means from childhood. For example people in Gujarat, Rajasthan etc., people are enterprising by nature.

If it taught after some age it takes a lot more time to learn.

Entrepreneurship is both an attitude of mind and comprehension and assessment of risk in an enterprise. It is therefore necessary to train the mind and acquire necessary technique to assess risk. All these need training both theoretical as well as practical.

There is person A (Educated/Trained) and B. Both have vision, passion and purpose (goal) to become entrepreneur. Then my vote is for "A". Education and knowledge gives clarity of thinking. Thats the reason D.Ambani was so keen about providing excellent education for both his sons.

Entrepreneurship is a very wide topic. It is true that successful entrepreneur to name a few like Mr. Bill Gates, Late Dhirubhai Ambani, Warren Buffert were all school dropouts and created an empire that no one could have thought. But there are also people like Mr. Narayan Murthy, Mr. Yashwardhan (Aditya Birla), Jack Welch, Ms. Kiran Majundar Shaw, Late Anu Aga are highly qualified.

I mean that it is not bad to have classroom training but to be a successful entrepreneur a huge passion is required. Even if the person might have not taken classroom training but still he or she has to go through rigorous metal training while working.

My views are an entrepreneur is a person with lot of fire in his belly to creat an empire of his own may be he gets it from his family background or creates of his own.

The basic fundamental of doing any business is utilization of money sourced through various sources and not using his or her own money and this is a big responsibility and involves high risk and entrepreneurship backed by passion and indepth knowledge are the ingredients.

The indepth knowledge can only be acquired by indepth experience of trade and if classroom study helps in making the process of acquiring knowledge a bit supportive it is better.

To conclude that it is not important what knowledge one gather by studying MBA or other courses but it more important why one decides to study a particular course and if the knowledge is gained without classroom training er works better as more you study theoritical knowledge the more cautious one gets and precaution is important for a good entrepreneur not caution.