Chapter 4: Entrepreneurship Education for Engineering and Science Students: A Comparison between China and the US
Huo Lingyu, Liu Lijun and Wang Ying
Huo Lingyu, Liu Lijun and Wang Ying* 4.1 INTRODUCTION Technology entrepreneurship is the machine that drove the world into the new economy, where individuals are said to churn out breakthrough innovations in their own backyards, seamlessly collaborate with colleagues located on the other side of the globe, and make speedy market introductions without the slow and clumsy decision processes typical of old world corporations. The traditional Chinese education system was not designed to teach or motivate students to become entrepreneurs in the new economy. Chinese society did not encourage an entrepreneurial attitude because social aspirations were oriented towards working in large corporations. In the last ten years, this tradition has been challenged as changes occurred in the university education system. General entrepreneurship education appeared first at colleges and universities in China. Following that, students and faculty in engineering and science have begun to realize the importance of market-oriented research and development, in which their technical ideas can be parlayed into profitable products and services. This is especially true in the high-tech start-up era of Netscape, Yahoo, Amazon.com, Alibaba, Baidu, Tencent – technology-based companies that became virtual overnight success stories in the US and China. More and more universities are discovering the importance of synergy between science, engineering and entrepreneurship degree programs and their regional business communities. The three basic questions concerning entrepreneurship education for engineering and science students are: What is it? Why it is important? And, how can it be carried out effectively? Figure 4.1 shows the positioning of entrepreneurship...
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