Entrepreneurship Education in Southeast Asia HEIs: Malaysia, Singapore, Thailand and Vietnam

1
Entrepreneurship Education inSoutheast Asia
HEIsMalaysia, Singapore, Thailand and Vietnam

• By
• Assumption University (Thailand)
• NCGE Southeast Asian Partner

2
Presentation Overview

• Introduction
• Country-wide Initiatives
• HIEs Entrepreneurship Initiatives
• Highlights of Good Practice HIEs
• Future Challenges

3
Country-wide Initiatives for Entrepreneurship

• MALAYSIA
• New Economic Policy (NEC) (1970)
• Ministry of Entrepreneur
• Development (1995)
• Bumiputera Commercial and
• Industrial Community (BCIC) (2001)

• SINGAPORE
• Economic Development Board
• SPRING (Standards, Productivity
• and Innovation for Growth)
• ERC (Entrepreneurs Resource
• Centre)
• ACE (Action Community for
• Entrepreneurs)
• Entrepreneurial Talent
• Development Fund

• THAILAND
• SME Bank
• National Innovation Agency (NIA)
• Thailand Commission for Higher
• Education (CHE)
• Thailand Research Fund (TRF)

• Vietnam
• Doi Moi (Renovation Policy)
• Green Summer Campaign
• Program

Note These are not exhaustive lists of country
initiatives.
4
Southeast Countries and Sample HIEs
Country HIEs
Malaysia Limkokwing University Universiti Teknologi Mara (UiTM) Universiti Tenaga Nasional (UNITEN) University Tun Abdul Razak (UNITAR)
Singapore Singapore Management University (SMU) Temasek Polytechnic (TP)
Thailand Assumption University (AU) Bangkok University (BU) Khon Kaen University (KKU) Mahasarakham Univeristy (MSU) Mahidol University (MU) Naresuan Universtiy (NU) Thammasat University (TU)
Vietnam Binh Duong University (BDU) Hong Bong University (HBU) Vietnam National University (VNU)
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Malaysia Common and Unique HEI Entrepreneur
Development Features
University Common Features Unique Features
Limkokwing University College of Creative Technology (Private) Top-down strategy Entrepreneurship Curriculum Recognized as Malaysias PR Agency Inspirational faculty, environment/infrastructure Problem-finding, problem-solving embedded in courses Interdisciplinary projects Industry-within-University Campus B.B. (Hons) in Entrepreneurship
Universiti Teknologi Mara (UiTM-State) Top-down strategy Entrepreneurship Curriculum Recognized as on of Malaysias key Center for Entrepreneurship training and education Malaysia Entrepreneur Development Centre (MEDEC) Ph.D. in Entrepreneurship (2006) Journal of International Business and Entrepreneurship (12th year in print) Fundamentals of Entrepreneurship, (2004) (Authored by the UiTM Entrepreneurship Study Group) Campus Event Kiosks SIFE UiTM Entrepreneur Club
Universiti Tenaga Nasional (UNITEN-Private) Top-down strategy Entrepreneurship Curriculum Shadowing in Entrepreneurship Field Studies I and II course Campus Event Kiosks SIFE UNITEN Entrepreneur Club
Universiti Tun Abdul Razak (UNITAR-Private) Top-down strategy Entrepreneurship Curriculum Malaysias first virtual university Entrepreneur Development curriculum offered through the Faculty of Humanities and Social Sciences
Malaysia
International Entrepreneurship Educators
Conference September 2006
6
Singapore Common and Unique HEI Entrepreneur
Development Features
University Common Features Unique Features
Singapore Management University (SMU) Entrepreneurship courses Engagement in Competitions Home to Singapores designated national expert of Entrepreneurship (Assoc. Prof. Tan Wee Liang) Diversity of entrepreneur development courses (e.g. social entrepreneurship) UOB-SME Entrepreneurship Alliance Centre Entrepreneurship Working Paper Series
Temasek Polytechnic Entrepreneurship courses Engagement in Competitions Diploma in Entrepreneurship Entrepreneurship Centre Interdisciplinary projects Campus Karts and Shops
Singapore
International Entrepreneurship Educators
Conference September 2006
7
Thailand Common and Unique HEI Entrepreneur
Development Features
State University Common Features Unique Features
Khon Kaen University (KKU) Top-down strategy Business curriculum University Business Incubators Provide Training and Seminars Commercialization of scientific research projects Provision of seed funding Venture creations focus on computer and software innovations
Mahasarakham University (MSU) Top-down strategy Business curriculum University Business Incubators Provide Training and Seminars Commercialization of scientific research projects Venture creations focus on communication arts and fine arts innovations
Mahidol University (MU) Top-down strategy Business curriculum University Business Incubators Provide Training and Seminars Commercialization of scientific research projects Venture creations focus on pharmaceutical innovations
Naresuan University (NU) Top-down strategy Business curriculum University Business Incubators Provide Training and Seminars Commercialization of scientific research projects Venture creations focus on pharmaceutical and cosmetic innovations
Thammasat University (TU) Top-down strategy Business curriculum University Business Incubators Provide Training and Seminars Commercialization of scientific research projects Venture creations focus on service businesses B.B.A. in HR and Organization Management with concentration in New Venture and Entrepreneurship Business Plan Competition
Thailand
International Entrepreneurship Educators
Conference September 2006
8
Thailand Common and Unique HEI Entrepreneur
Development Features
Private University Common Features Unique Features
Assumption University Business curriculum Dummy trading firm Entrepreneurship course requirement for all business students Innovation, Creativity and Enterprise Centre (ICE)
Bangkok University Business curriculum Dummy trading firm Thailands first undergraduate program in Entrepreneurship Master in SME
Thailand
International Entrepreneurship Educators
Conference September 2006
9
Vietnam Common and Unique HEI Entrepreneur
Development Features
University Common Features Unique Features
Binh Duong University (BDU) (Private) Business Curriculum Green Summer Campaign Projects CMS on-campus computer company (assembling and marketing)
Hong Bang University (HBU) (Private) Business Curriculum Green Summer Campaign Projects
Vietnam National University (VNU) (State International Program) Business Curriculum Green Summer Campaign Projects First State university international program Greater encouragement of nontraditional Green Summer Projects
Vietnam
International Entrepreneurship Educators
Conference September 2006
10
Summary of Good Practices
Outcome Category Higher Education Institution
Entrepreneurial behaviors, attitudes and skills developed University Teknologi Mara (UiTM) Mahasarakham University (MSU) Naresuan University (NU)
Empathy with the life-world entrepreneur University Tenaga Nasional (UNITEN)
Key entrepreneurial values inculcated Limkokwing University Universiti Tun Abdul Razak (UNITAR)
Motivated toward an entrepreneurial career Temasek Polytechnic (TP) Mahidol University (MU)
Understanding the processes of venture creation Bangkok University International College (BUIC) Thammasat University (TU)
Generic entrepreneurship competencies developed Khon Kaen University (KKU)
Key minimum business how-tos Assumption University (AU) Binh Duong University (BDU) Hong Bang University (HBU) Vietnam National University (IU-VNU)
Effective management of stakeholder relationships Singapore Management University (SMU)
International Entrepreneurship Educators
Conference September 2006
11
Mapping of HEIs in Southeast Asia
Full
Temasek
Limkokwing University
TU
SMU
UiTM
MSU
NU
KU
Facilitating Opportunities For Actual Entrepreneur
ial Practice
MU
UNITEN
UNITAR
AU
BU
BDU
VNU
HBU
Limited
Wide
Institution-wide Entrepreneurship Embeddedness
International Entrepreneurship Educators
Conference September 2006
12
Future Challenges

• Legitimizing entrepreneurship as an academic
  discipline
• Qualifying faculty
• Systematically measuring entrepreneurship
  initiative outcomes