Validating the profit formula of a business idea is a difficult task for students and entrepreneurs alike. With the "Business Coaster" we present a simple tool that helps students to get in touch with numbers and design the value capture-side of a business model.

Validating the profit formula of a business idea is a difficult task for students and entrepreneurs alike. With the "Business Coaster" we present a simple tool that helps students to get in touch with numbers and design the value capture-side of a business model.

This paper presents a new approach to coaching entrepreneurship students to practice innovation and to identify adequate high-impact business opportunities. The coaching approach is based on the methodology for guided experience learning that was developed by Caine, Caine, McClintic, and Klimek...

Drucker (1985) has postulated that entrepreneurship is the ?practice of innovation?. As such, he has outlined that it is knowledge-based, and that like any other practice (such as medicine or engineering) it can be learned. He wrote that we cannot develop a theory of innovation. But and that it...

Degen introduced the teaching of entrepreneurship in Brazil in 1980 and wrote the first Portuguese language textbook on entrepreneurship in 1989. The purpose was to raise awareness of the country?s poverty among students, motivate them to become entrepreneurs, and promote the sustainable...