oklahoma business week
TRANSCRIPT
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Oklahoma Business Week
East Central University Stacey Bolin, Rachel Nicholas, and Casey
Black
@ACBSPAccredited #ACBSP2015
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Presentation Overview
• Engagement: Setting the Stage• OBW Video• OBW Engagement: Professionals• OBW Engagement: College Students• OBW Highlighted Activities• OBW Research: The Impact on Students• OBW Goals: Mission Accomplished
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Engagement: Setting the Stage
• Entrepreneurs contribute to prosperity, create jobs, and fuel innovation (Solomon, Bryant, May, & Perry, 2013; Yallapragada & Bhuiyan, 2011).
86% of the new jobs (Neumark, Wall, & Zhang, 2011)
70% of the world’s production (Ates & Bititci, 2011)
67% of new inventions (Winkel, Vanevenhoven, Drago, & Clements, 2013)
• Despite some debate, entrepreneurship studies cite the ability to teach entrepreneurship (Cheung & Au, 2010; Morris, Webb, Fu, & Singhal, 2013; Raposo & Do Paco, 2011; Schmidt, Soper, & Bernaciak, 2013).
Best results from hands-on, experiential learning (Gerba, 2012; Gibson, Harris, Mick, & Burkhalter, 2011).
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References
Ates, A., & Bititci, U. (2011). Change process: A key enabler for building resilient SMEs. International Journal of Production Research, 49, 5601–5618. doi:10.1080/00207543.2011.563825
Cheung, C., & Au, E. (2010). Running a small business by students in a secondary school: Its impact on learning about entrepreneurship. Journal of Entrepreneurship Education, 13, 45–63. Retrieved from http://www.alliedacademies.org/Public/Journals/JournalDetails.aspx?jid=8
Gerba, D. T. (2012). The context of entrepreneurship education in Ethiopian universities. Management Research Review, 35(3/4), 225–244. doi:10.1108/01409171211210136
Gibson, S., Harris, M., Mick, T., & Burkhalter, T. (2011). Comparing the entrepreneurial attitudes of university and community college students. Journal of Higher Education Theory and Practice, 11(2), 11–18. Retrieved from http://www.na-businesspress.com/jhetpopen.html
Morris, M. H., Webb, J. W., Fu, J., & Singhal, S. (2013). A competency-based perspective on entrepreneurship education: Conceptual and empirical insights. Journal of Small
Business Management, 51, 352–369. doi:10.1111/jsbm.12023
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References
Neumark, D., Wall, B., & Zhang, J. (2011). Do small businesses create more jobs? New evidence for the United States from the national establishment time series. Review of Economics and Statistics, 93(1), 16–29. doi:10.1162/REST_a_00060
Raposo, M., & Do Paco, A. (2011). Entrepreneurship education: Relationship between education and entrepreneurial activity. Psicothema, 23, 453–457. Retrieved from http://www.psicothema.com
Schmidt, J. J., Soper, J. C., & Bernaciak, J. (2013). Creativity in the entrepreneurship program: A survey of the directors of award winning programs. Journal of Entrepreneurship Education, 16, 31–44. Retrieved from http://www.alliedacademies.org/Public/Journals/JournalDetails.aspx?jid=8
Solomon, G. T., Bryant, A., May, K., & Perry, V. (2013). Survival of the fittest: Technical assistance, survival and growth of small businesses and implications for public policy. Technovation, 33(8-9), 292–301. doi:10.1016/j.technovation.2013.06.002
Winkel, D., Vanevenhoven, J., Drago, W. A., & Clements, C. (2013). The structure and scope of entrepreneurship programs in higher education around the world. Journal of Entrepreneurship Education, 16, 15–29. Retrieved from http://www.alliedacademies.org/Public/Journals/JournalDetails.aspx?jid=8
Yallapragada, R. R., & Bhuiyan, M. (2011). Small business entrepreneurships in the United States. Journal of Applied Business Research, 27(6), 117–122. Retrieved from http://www.cluteinstitute.com/journals/journal-of-applied-business-research-jabr/
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The Reach of OBW: Student Capital
•OBW began Summer 2012•Growth in Attendance
New Studen
ts
Returning
Students
College Student
s Involve
d
Summer 2012
62 n/a 15
Summer 2013
72 10 25
Summer 2014
84 15 40
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OBW Engagement: Professionals
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• Link to Oklahoma Business Week Video on YouTube:• https://www.youtube.com/watch?v=73JpQL7BooE
OBW Video
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OBW Engagement: College Students
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How OBW impacts our life…
Introduction to the Busine
ss World
Development of
Skills Needed
to be Success
ful
Real World
Experience of Management
Networking with
the Numerou
s Business Professio
nals
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Oklahoma Business Week
Highlighted Events
@ACBSPAccredited #ACBSP2015
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Board Room Dinners
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Board Room Presentations
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Tradeshow
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OBW Research: The Impact on Students
Statistical Significance between Pretest and Posttest Scores
Student Ratings of their Abilities - Scale 1 to 7
Leadership Skills t(76) = 2.44, p < .01
Recognition of Opportunity t(76) = 2.36, p < .05
Development of New Products and Services t(76) = 2.22, p < .05
Networking Skills and Professional Contacts t(76) = 2.14, p < .05
Problem Solving t(76) = 2.02, p < .05
Creativity t(76) = 1.00, p > .05
Students Considering Entrepreneurship as a Career
Pretest 48Posttest 48Changes 20
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I feel more confident speaking in a group or public setting now 91%
I feel more comfortable asking questions if I am not sure about something 90%
I feel more comfortable negotiating my ideas and thoughts 95%
I found my interaction with my CA valuable to my personal development 94%I found speakers, judges and guests valuable for my personal development 97%I feel I am better able to work in a team environment 97%
I feel more flexible and tolerant 92%
I feel I am better able to evaluate and select information 95%
I will work even harder in school after this experience 97%
I will return to school with greater motivation to succeed after this experience 99%This week gave me better ideas about furthering my education beyond high school 94%
I am more excited for my future career possibilities 96%
I am more self-confident 93%
OBW helped me understand what is required to manage a successful business 100%I have a better understanding of corporate/business finance 96%
My understanding of personal finance/credit has improved 92%
I had fun 99%
I will recommend this program to my friends 99%My ability to work under deadlines has improved 92%
I think I am more creative 87%
I would like to return to a future OBW 91%
Has OBW influenced your choice of a college major? 76%
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OBW Goals: Mission Accomplished
1. Recruitment of Excellent Students
2. Real World Management Experience for College Students• Planning & Execution of Teambuilding Activities• Assisting with Companies and Dorm Life
3. Networking for the Future
4. Business Professional Engagement
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“It was more hands on and we were able to work with other students directly and formed bonds with the other students
which made it a lot more entertaining.”
-OBW Alum
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“I actually had hands on learning instead of reading it out of the book, as well as speakers with
success in business showing that I can actually achieve something
later in my future.”-OBW Alum
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“It's much more specific and hands on, which I enjoy. You actually put
all of your time to use at OBW, where as in school you waste too
much time. OBW is more fast paced, so I never get bored and I'm always
interested.”-OBW Alum
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“I actually learned what it means to run a business. I learned about
all the important details in business. I did not just learn
about leadership skills, but also business skills that are important
to ANY occupation I go in to.”-OBW Alum
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“At Howe High School I only learned the basics to business
but only enough to get a taste for it. At OBW I now understand what business is and want it to be part
of my future.”-OBW Alum
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OBW Contact Information
Camp Director – Stacey Bolin
(580) 559-5596
OBW Intern – Casey Black
(580) 559-5274
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