Developing Entrepreneurial Potential in Youth: The Effects of Entrepreneurial Education and Venture Creation

Howard S. Rasheed

Identifying and nurturing entrepreneurial potential among youth can have long-termimplications for American economic development. Prior research has not addressedwhether educational intervention and new venture creation will affect the developmentof entrepreneurial talent prior to the collegiate level. This research concludes thatentrepreneurship education and experience can affect psychological attributescommonly associated with entrepreneurs. Secondary students with entrepreneurshiptraining have higher achievement motivation, more personal control, and greater self-esteem; and students who initiate a business venture have higher achievementmotivation, more personal control, greater self-esteem and more creativity.