Professional Documents
Culture Documents
Project Supervisor
Asst. Prof.DR. NAUSHEEN SYED
PhD, (CHINA)
Project Authors
STUDENT NAME: RIDA FATIMA REG = 2016-GCWUF-3068
STUDENT NAME: ESHA SALEEM REG = 2016-GCWUF-3069
STUDENT NAME: MASOOMA ABBAS REG = 2016-GCWUF-3070
STUDENT NAME: SABA KAUSAR REG = 2016-GCWUF-3084
RESEARCH TITLE
“Impact of Entrepreneurship Programs on Students Skills &
Creativity and Economic Growth”
1
Dedication
Firstly we dedicate this report to Allah Almighty, who is the kindest, gracious and merciful.
Thank you for the leadership, control of mind, strength, protection and skills and giving us a
healthy life.
Honestly thanks to our supervisor for her supervision, guidance and support. We would also like
to thank our beloved parents, who have been our inspiration and gave strength when we were
thinking about giving up and always providing moral, religious, physical and mental support.
Eventually, thanks to my friends and classmates who expressed their suggestions and inspiring
2
Acknowledgment
All praise and glory to the love ALLAH ALMIGHTY, the most noble, the most merciful, creator
of the whole world, with ideas of beauty, symmetry and Who knows the true reality of the world
which is the beneficiary, who guided us in darkness and difficulty and who gave us courage and
We thank the last prophet, Hazrat Muhammad (PBUH), for his advice to the mankind forever.
We find the impact of entrepreneurship program on students’ skills and creativity and on
economic growth. That research is helpful in finding out the ways of data collection, data
analysis and sampling. The tasks are difficult, but our morals are high.
We thank our supervisor, DR. Nousheen Syed, most sincerely for taking part in valuable
decision making and providing advice and encouragement, as well as for arranging every facility
Rida Fatima
Esha Saleem
Masooma Abbas
Saba Kausar
3
Abstract:
entrepreneurial education programs have become more popular but there are some problems that
are blocking growth of entrepreneurial education programs. The one is, not fully providing the
environment that increase entrepreneurial skills and helps to develop creative ideas. The second
is the support that provides from family or government to enhance entrepreneurial skills and
knowledge of students and encourage them to run their own business. This study is conducted to
explore the role and impact of entrepreneurial education on students’ intentions such as their own
skills, knowledge and creative ideas, also explain the technique and methods that help to develop
and encourage the environment in which the entrepreneurial skills of student enhance. There are
same objectives that are needed to be expressed, to fulfill the aim. Entrepreneurship programs are
now part of the universities events and this subject was focused by several researchers, whose
education and their influence on students’ skills and their creative ideas and also shows its
impact on economic growth. The aim of the study was to define the content of enterprise
education at the university and its impact on economic growth. The essence of the analysis is
quantitative as it deals primarily with the universe of study, the design of the samples and the
collection of data. The survey method is described as a research technique, using a questionnaire
to gather information. Owing to the pandemic state of COVID-19, primary data will be collected
online via Google's form questionnaire in July 2020.The secondary data will be obtained from
different sources, including research papers, journals, posts, blogs and previous work related to
this study. The study sample size was of 200 respondents. The data were analyzed by using SPSS
software. The model has been developed in order to show the relationship between variables.
4
The result shows that there is a positive and strong significant of entrepreneurship programs on
economic growth and skills & creativity. Entrepreneurship courses shows a great effect
on students, universities and other schools and their goals have to deliver this form of business
economic growth.
Introduction:
beginning of the 19th century, stating that "it transfers economic resources from a low- and a
higher productivity area into a higher yield." Entrepreneurs build something new, change or
introduce values. Enterprise courses help in students’ skills, expertise and confidence to
preparation are offered by graduate degree programs at all school levels from primary or
secondary schools.
Sexton and Bowman (1984) suggest that there is also a similarity between "entrepreneurship"
and "small business." Small businesses can differ broadly, from simple types of freedom that are
growing gardens, building cages, to running the post office or corner store, to operating the high-
tech business in a scale that is small when compared with those in a similar field. It must not
forgotten that while all businessmen are self-employed, they are not all self-employed.
According to researchers, the impact of business studies using various techniques and courses on
student abilities would be good; knowledge and creativity through innovation and pro-activity
5
with greater increases in entrepreneurial events benchmarks shows a reduction in unemployment
Entrepreneurial education has seen huge growth in the last two decades among most developed
countries. During the period from 1979 to 2001, the number of courses related to business
programs in the USA was tenfold. And there is still a huge rise in entrepreneurial commitment.
This increase can be seen as an indication of government's strong belief in a nation's positive
economic and political collision infrastructure. Public policymakers have also recognized the
value of business enterprise as a driver of economic growth and therefore endorse tools such as
encourage students to start their own enterprises are very important because it is more likely that
growth, since those without such education are more likely (Wurthmann, 2014).
According to Sultan, Maqsood and Sharif (2016), education places a high-flying role in
entrepreneur’s perception, confidence, skill and level of caucus. The study found that
entrepreneurial education shows positively affects towards students’ awareness and knowledge
about entrepreneurship and their self efficiency. Entrepreneurship is a system for people to
decide what they want in the direction of their lives, either to start their business or go for
another way of earning. During the last past two decades entrepreneurial education has gone
through unusual phases. Entrepreneurship education is now a well known subject among the
students, who are prepared to start up there small businesses of their own choices. However the
6
An important question also remains instead of being answered as to how to evaluate
entrepreneurship education. One of the best ways to test a business plan is by assessing the
intention of individuals toward start a new business (Biemans, Karimi, Lans, Chizari, & Mulder,
2016).
As a key part of the entrepreneurs' scholarly research, the opportunity recognition is now a
required capacity for entrepreneurs. One of the most important traits of winning entrepreneurs is
seeking new opportunities for starting up smaller businesses (Detienne, McKelvie, & Chandler,
2015).Entrepreneurship is now an engine that drives economic growth in many countries. Most
countries are now dedicating an impact test support resources to their infrastructure and leading
entrepreneurial education (Chen, Hsiao, Chang, Chou, Chen, & Shen, 2015).
Research Problem:
The research was started to explain the role and impact of entrepreneurship education on
students’ intention and to examine its relation with economic growth, what method should be
implemented to encouraging environment for polishing students’ skills. This study helped to
evaluate the impact of entrepreneurship programs on student’s skills, creativity, intention and
Research Questions:
To find out the result of the study at hand the following questions are considered:
7
Do you think entrepreneurship program give positive impact on students?
Does entrepreneurial education improve and create the entrepreneurial skills in student?
growth?
Research Objectives:
The reason for conducted this research to shows the value and effects of Entrepreneurship
education on students’ personal skills and its effect on economic growth. Some objectives as
following:
4. To explore the relation among the given variables focusing towards universities, business
Literature review:
According to Kyro (2008), entrepreneurship educations outcomes show the change in attitudes at
peoples to wait for start a new business and involved in already existing business with
innovations. Entrepreneurship education enhances their education from teaches the students how
they can use their invented new things by using their skills and knowledge, how to begin a new
8
business or how to reach opportunities and also teaches how to students start digital enterprises
Maresch, Harms, Kailer, and Wurm (2016) conducted a study in which he explained the student's
intention towards entrepreneurship education. The data were collected from 4548 students from
23 different higher education institutions in Austrian. The study concludes that entrepreneurship
affects students' intentions towards entrepreneurship but their numbers were very low.
Hamidi, Wennberg, and Berglund (2008) were explained a study about inventiveness in
entrepreneurial education. They also pay important attention on student’s innovative skills. Their
data were collected from 40 entrepreneurship students of three different programs and also
collected from 38 graduate students in Sweden. The study concludes that entrepreneurial
learning develops the entrepreneurial aim of students and personal creativity has a strong impact
on entrepreneurial objective in the result it motivates the students to start their own business. The
primary purpose of the study was to check the effect of entrepreneurial education on students' to
establish a new enterprise. The data were collected from 180 undergraduate students of Egyptian
university. The study concludes that entrepreneurial education has a positive influence on
students and it motivates the students for self-employment but education has no effect on self-
Gundry, Ofstein, and Kickul (2014) were conducted a study in which entrepreneurship programs
and courses provide meaning and information to improve learning of students and development
of skills and actions aimed at creating value for large enterprises. The study concluded that
creativity enhances the student's ideas to open a new and innovative business but many
entrepreneurship courses just focus only on entrepreneurial management and planning skills they
9
don't focus on the impact of creative skills of students. Also Whereas students participating in
learning experiences have been interested in classroom-based study, which means that they can
think about ideas generating new ideas for enterprise, their work is based on how these learning
can implemented and used by their own team and organization. Consequences indicate the key
creative activities are developed when students are taught methods and techniques to develop
Bagheri and pihi (2013) studied to know the development of entrepreneurial leadership through
entrepreneurship programs. The data were collected from face to face and conduct 16 semi-
structural interviews of students and university. The study concludes that entrepreneurship
education provides innovative ideas to students and also develops entrepreneurial leadership in
the students. The impact of entrepreneurial education was positively affecting the higher
education of students. The information was collected from 358 students of different degree
programs in which some took an entrepreneurship course and some had not it. The study
concluded that entrepreneurial learning has a positive impact on the innovation of students and
only entrepreneurial parents encourage students for risk-taking. Their study also explores that
female is very active for entrepreneurship but engineering students have no interest in
According to Younis, Katsioloudes, and Bakri (2020), this research study calculate the
connection between personality and background factors associated with attitudes, conceptual
behavior manage and subjective standards which determine the digital entrepreneurial intention
(DEI) of students at the University of Qatar. The study found the relationship between
characteristics. This also seeks to evaluate for the student community their link between
entrepreneurial awareness and DEI. The information was collected from 203 students from
10
different programs at Qatar University. Their study explores that digital entrepreneurial
knowledge (DEI) has a positive impact on the entrepreneurial objective of students of business
The study was conducted to investigate the influencing factors on entrepreneurial intentions of
students. The information was collected from 375 final year students at Malaysian Universities.
The study concluded that innovativeness, risk-taking propensity, family background, supportive
result students are not easily quitting when they face any barriers in starting a new business
Mandela and Noyes (2016) were conducted a study to examine experiential entrepreneurial
education offerings events. The data were collected from the top 25 undergraduate
education is conveyed in different kinds but the central part of program purposes are contained
having students work in any uncertainty, students can deal with the social complexity during
Jun Li, Zhang, and Matly (2015) was conducted a study on entrepreneurship learning in China.
The study concludes that entrepreneurship depends upon a encouraging environment and
entrepreneurial training plays an important role in small, micro, medium enterprises sectors
11
Theoretical framework:
The theoretical framework of the research is the structure that can hold or support a theory of a
Entrepreneurship
Program Economic growth
Research Hypothesis:
H3: Entrepreneurship program has a direct relationship with skills and creativity.
Methodology:
12
This research was used for both primary data and secondary data from multiple sources. The
primary and secondary data has been collect from questionnaires, different websites and
researched articles. The study design of this research is cross-sectional study. Due to the
pandemic state of COVID-19, primary data will be collected online via Google's form
questionnaire. In the survey, we took 200 respondents as a sample size by asked them the impact
of entrepreneurship programs on students’ skills and creative ideas. The information of primary
data is based on the survey in which questionnaire is used to gather the data. Secondary data was
Due to pandemic of Covid-19, the sample techniques we use is simple random sampling to
collect data, reason for using this technique is that it is easily available as we collect data from
online via Google form questionnaire. The sample size is 200 respondents.
The data analyzing procedure we use to collect the data is SPSS. All the gathered information is
transferred to SPSS and analyzes accordingly. Different statistical methods & calculation such as
regression, correlation, reliability test and also percentages have been conducted for all the
quantitative variables.
Distribution of questionnaire:
13
The questionnaire is used to collect from random sampling. And distribute online link via
Google form. Almost 20 questions have been distributed for collect the data and information.
The questionnaire was based on likert scale from 1= strongly agree to 5=strongly disagree.
Table 1:
The above table 1 shows the correlations among Entrepreneurship Program and economic
growth are significant at 0.750. It means that our alternative hypothesis (H1) in which both
variables show direct relation is true. The correlation between economic growth and skills &
creativity is 0.699. It means that our alternative hypothesis, (H2) indicates in which the variables
are significantly influences each other that is true. The correlation between entrepreneurship
programs and creativity and skills are significant at 0.868. It means that there is a strong
Table 2:
14
Reliability test:
Table 3:
Descriptive:
In the above table 3, shows the descriptive statistics values of all the variables are presented. The
values of mean and standard deviation of all variables are used in analysis.
Table 4:
Regression:
The above table A shows a liner regression was calculated to predict the relationship between
independent and dependent variables that are entrepreneurship programs and economic growth.
15
The entrepreneurship program provides the value of R and R2. The R value is presenting the
simple correlation that is 0.750, which indicated high level of correlation. The R2 value explained
the total variation in dependent variable that is 0.562 means that linear model explained 56.2% of
the variance. A significant regression equation was found F=260.251, t = 16.132 and
Adj.R2=0.560. The figure shows that the regression model calculate the dependent variable
significantly well, as p < 0.00003 which is less than 0.05. Predicted beta (β) value is 0.750,
The above table B shows, a regression was calculated to predict the relationship between
independent and dependent variable that are entrepreneurship programs and skills & creativity.
The entrepreneurship programs provide the value of R and R2. The R value is viewing the simple
correlation that is 0.868, which indicated high degree of correlation. The R2 value explained the
total variation in dependent variable that is 0.753 means that linear model explained 75.3% of the
variance. A significant regression equation was found F= 618.466, t = 24.869 and Adj.R2=0.752.
The figure shows that the regression model calculate the dependent variable significantly well, as
p < 0.0001 which is less than 0.05. Predicted beta (β) value is 0.868, which also show that the
16
Entrepreneurship program .750a .562 .560 .578 .000
b
Skills and creativity .756 .571 .567 .198 .034
Independent variable: Entrepreneurship Program
Dependent variable: Economic Growth
Mediator: Skills & Creativity.
Source field data=205
Model 1 (E-P): F=260.251, t=6.239
Model 2 (S & C): F= 134.672, t= 2.132
A multiple liner regression was calculated to predict the relationship between independents,
dependent variables and mediator. In table C, entrepreneurship programs and skills & creativity
are independent and economic growth is dependent. The entrepreneurship programs column
provides the value of R and R2. The R value is viewing the simple correlation that is 0.750, which
indicated high degree of correlation. The R2 value explained the total variation in dependent
variable that is 0.562 means that linear model explained 56.2% of the variance. A significant
regression equation was found F=260.251, t = 6.239 and Adj.R2=0.560. the above figures shows
that the regression model calculate the dependent variable significantly well, as p < 0.00003
which is less than 0.05. Predicted beta (β) value is 0.578, which also show that the
entrepreneurship programs are significant. The skills & creativity column provides the value of
R and R2. The R value is viewing the simple correlation that is 0.756, which also indicated high
level of correlation. The R2 value explained the total variation in dependent variable that is 0.571
means that linear model explained 57.1% of the variance. A significant regression equation of
second variable was found F=134.672, t = 2.132 and Adj.R2= 0.67. The figure shows the
regression model calculate the dependent variable significantly well, as p < 0.034 that is less than
0.05. Predicted beta (β) value is 0.198, this indicates that the variables are significantly
17
In the above three tables A, B & C; we found the impact of mediator variable which is skills &
creativity on economic growth. For this we added the beta (β) values of above table B & C by
which we found the correct effect of mediator with other variables. Beta (β1) value is 0.868 and
Beta (β2) value is 0.198. By adding both beta values 0.868+0.198 = 1.066, which is more than
the relation between entrepreneurship eduction and economic growth that is 0.750. It means the
impact of skills & creativity is significant on entrepreneurship education and economic growth.
Graph:
This graph shows, there is direct relationship between entrepreneurship programs and economic
growth, it means when the entrepreneurship events will conducted it will positively effect on
economic growth
18
Discussion:
Entrepreneurial courses are the fastest increasing factor and have also appeared over last two
decades as debatably the most compelling economic force the world has ever experienced. In our
their creativity and programs are interrelated. Yet, a comprehensive understanding is still lacking
concerning the interface of all of those variables: Entrepreneurship programs, creativity or skills
and economic growth. The main objectives of the research are to check the impact of
entrepreneurship education on economic growth and explore the relation among the given
variables focusing towards universities, business schools. It is most important factors because
this is an important role to boost up the economy. The significant values of all the variables are
less than 0.05 which shows that there is also a positive relationship between entrepreneurship
program, economic growth and skills & creativity. The overall result of the research report is
entrepreneurship skills into a person needed to established and efficaciously run an enterprise.
confidence, attitude and level of convention. The study found that an entrepreneurial program
shows positively effects towards student’s awareness and skills about entrepreneurship and their
Limitations:
19
Although the research builds numerous important contributions but our results and conclusions
must be evaluated within the circumstance of limitation of the study. These limitations can lead
to further research. The research has various limitations, due to COVID-19 and lockdown the
data was collected through an online survey. Data were gathered from graduate students and
some other people in the professional field because of the research topic. Data was collected
from the only areas of Faisalabad due to lack of contacts. Also there is a shortage of time by
which data was not collected properly. Only 205 responses are available because of an online
survey due to COVID-19 and people not take much interest to fill the questionnaire and provide
information. In data analysis also faces difficulties due to not expert in data analyzing and works
according to people's answers. This research type is based on a quantitative research method.
And the sample of the population we use is simple random sampling which is easy for this
research.
Conclusion:
with a new way of seeing the world, regardless, how they want to create their own business.
Entrepreneurial risk-building is an important factor for economic development. The result shows
the positive relationship between entrepreneurship programs and economic growth. The primary
20
attitude and level of convention. We've seen a lot of research exploring the implications from
entrepreneurship to economic success. The literature review done had provided some indications
about a positive relation between entrepreneurial education and economic growth and enhance
the creativity skills among the students due to entrepreneurial programs. The support that
provides from family or government will enhance entrepreneurial skills and knowledge of
students and encourage them to run their own business with also influence the economic growth
of the country.
Recommendations:
Universities must explain the strong definition and understanding of entrepreneurship that
students in their four-year degree programs and it helps them to be entrepreneurs in the
skills in students and other people. The government should support students to start
Universities must conduct entrepreneurial programs that enhance the inner skills and
21
We recommend future researchers to pay attention on this topic and try to gather data
from interviewees all over the world because we don’t have sufficient resources, so our
work is limited.
To provide guidance but delegate power and control- follow a 'top-down' and 'bottom-up'
Reference:
Audretsch, D. B., & Fritsch, M. (2002). Growth regimes over time and space. Regional
studies, 36(2), 113-124.
Bagheri, A., & Lope Pihie, Z. A. (2013). Role of university entrepreneurship programs in
168.
DeTienne, D. R., McKelvie, A., & Chandler, G. N. (2015). Making sense of entrepreneurial
Din, B. H., Anuar, A. R., & Usman, M. (2016). The effectiveness of the entrepreneurship
22
F., Fazir Binti Shamsudin, A., Al Mamun, Noorshella Binti Md Nasir, M., Nazri Bin Zakaria,
Gundry, L. K., Ofstein, L. F., & Kickul, J. R. (2014). Seeing around corners: How creativity
Jones, P., Penaluna, A., & Pittaway, L. (2014). Entrepreneurship education: A recipe for
Karimi, S., Biemans, H. J., Lans, T., Chizari, M., & Mulder, M. (2016). The impact of
Karlsson, T., & Moberg, K. (2013). Improving perceived entrepreneurial abilities through
23
Li, J., Zhang, Y., & Matlay, H. (2003). Entrepreneurship education in China. Education+
Training.
Lorz, M., & Volery, T. (2011). The impact of entrepreneurship education on entrepreneurial
Mandel, R., & Noyes, E. (2016). Survey of experiential entrepreneurship education offerings
0912.
Maresch, D., Harms, R., Kailer, N., & Wimmer-Wurm, B. (2016). The impact of
change, 104, 172-179.
Marques, C. S., Santos, G., Galvão, A., Mascarenhas, C., & Justino, E. (2018).
Science.
Nowiński, W., Haddoud, M. Y., Lančarič, D., Egerová, D., & Czeglédi, C. (2019). The
Education, 44(2), 361-379.
24
Porter, M. E. (2012). Entrepreneurship and competitiveness: implications for Saudi Arabia.
Sołek-Borowska, C., & Chudy-Laskowska, K. (2017). Through the Gender Looking Glass:
Solomon, G., Hamidi, D. Y., Wennberg, K., & Berglund, H. (2008). Creativity in
Sultan, M. F., Maqsood, A., Student, K. A. S. B., & Shrif, H. M. (2016). Impact of
(KBJ), 9(1), 131-153.
Wurthmann, K. (2014). Business students’ attitudes toward innovation and intentions to start
711.
Younis, H., Katsioloudes, M., & Al Bakri, A. (2020). Digital Entrepreneurship Intentions of
74.
25