Entrepreneurial skills development via Simulation Business Enterprise
Entrepreneurial skills development via Simulation Business Enterprise

Summary/Abstract: The article is focused on entrepreneurship and small business which play a central role in the European Union economy and dictate a new attitude to the role of Simulation Business Enterprise which task is to encourage the development of students’ entrepreneurship skills. In order to deliver effective programs in entrepreneurship, educators and community partners will need to recognize the changing dynamics of the global landscape and its major impact on teaching, learning and constructing communities that nurture innovation and entrepreneurship. The paper analyzes the main EU documents on promoting entrepreneurship. The article examines the model of Simulation Business Enterprise and seeks to measure its effectiveness on learning entrepreneurial skills. Factor analysis with the rotated solution of principal component analysis considered three factors of entrepreneurial skills: personal skills, management skills and efficiency. These factors show significant and complete support for the model. Results of the research reveal that there are positive relationship between diversity of learning process, perception of business environment, gaining experience and group work and students’ entrepreneurial skills. Teaching and training in the Simulation Business Enterprise is becoming an activity that in creasingly requires careful analysis of each learning situation, the developing and monitoring of suitable learning opportunities, the evaluation of their impact on students‘ achievement followed, in some cases, by the adjustments deemed necessary, and a personal or collective reflection on the whole process, in order to build professional knowledge.

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