https://www.realclearpolicy.com/articles/2018/09/12/time_to_add_entrepreneurship_to_the_college_curriculum_110794.html
Colleges across the country have welcomed millions back to campus over the past few weeks in the midst of headlines heralding economic growth. Faculty, administrators, and student leaders should seize this opportunity to prioritize entrepreneurship and add it to the core curriculum. Entrepreneurship is the only skill that can give students true financial and occupational freedom in today’s fast-changing economy.
Sadly, American universities have long prioritized theory and knowledge at the expense of implementation and practice.
Few of today’s curricula — even in the “hard” disciplines such as science and technology — translate directly to the job market. According to a recent PayScale survey of more than 64,000 managers, 60 percent responded that recent grads lack critical thinking skills, nearly half responded that they didn’t have the necessary writing or leadership skills, and over a third said that they didn’t have adequate data analysis skills. In other words, around half of college grads don’t have the baseline attributes it takes to succeed in today’s economy — let alone flourish as entrepreneurs.
As a result, there are significant cracks in today’s generally strong economy. For instance, there are still vast geographic inequities in economic growth, a lack of economic vibrancy, and widespread underemployment.
A recent Wall Street Journal article dubbed small communities “the new inner city” because of their stubbornly poor socioeconomic indicators that are often apparent even from a casual drive through town.
The startup rate, a widely used proxy for economic vibrancy, is one of the few economic indicators to show little-to-no improvement since the Great Recession.