Chapter 6: Experiential learning in entrepreneurship
Experiential learning refers to learning by doing or from the doings of others. It centers on the idea that students can learn entrepreneurship theories, principles and concepts by applying themselves to projects and activities rooted in real-world practice. Experiential learning allows a student to do something and then learn a principle or concept, or to be introduced to the principle or concept and then reinforce that learning by applying it to some real-world situation. At their root, experiential approaches are based on the notion that learning is a process where knowledge is created from interactions between students and the environment (Kolb, 1984). The discipline of entrepreneurship finds itself at the leading edge in terms of introducing new experiential learning methodologies and techniques in higher education.
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