Do Entrepreneurship Courses Change An Individualx19S Attitude Toward New Venture Creation? Results Of A Quantitative Assessment Of The Cornell Entrepreneurship Program
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Does en rollment in entrepren eurship classes actually impact venture creation? Our findings indicate that entrep reneurship classes have not only had a statistically significant impact on new venture creation, but are also significant in ch anging a student's mindset to favor entrepreneu rship. Using an Instrumental Variable Pro bit model and data collected from a large sample (1,520) of Corn ell University graduates, this paper finds that entrepreneurship classes have positively impacted venture creation, with venture creation being positively correlated with being "rich." The i mpact o f the entrepreneu rship program was observed campus-wide and across majors. Quantifying the imp act of entrepreneurs hip classes justifies the existence of entrepreneu rship education, and provides evidence fo r the continuation of such cu rricula at U.S. colleges and universities. Additionally, the paper highlights some of the issues facing academia as entrepreneu rship education becomes mo re popular.