Experiential Learning of Entrepreneurship and Innovation

Introduction

Studying entrepreneurship in higher education is both practical and theoretical research shows that one must employ experiential knowledge and go through the process called “learning by doing”. To many, it is a new phenomenon in a large field of inquiry that has enhanced new skills and knowledge in innovation and entrepreneurial practice in daily world experiences. To effectively achieve our learning goals, working in groups is the most critical method to maximize the efficiency of the experiences and knowledge in the module. Despite our differences and independent ideas, Beldin and Tuckman’s techniques have quickly helped us from the group. As a group, forming the team was more accessible, but it was not smooth at all times. Since each individual had the same goals, we had to be committed and work together.

Defining and Assigning task and Requirements

After forming a group of eight members, it was therefore sufficient for us to define tasks, assign different areas for everyone to participate, and understand the requirements of the task at hand. The storming phase was significant because members came up with good ideas and opinions relevant to understanding our internal relationships and who can do what. However, due to restrictions in movement after the COVID-19 pandemic, it was difficult for us to meet physically. We had to employ online platforms like Google meet to discuss and participate and move together as a team. We agreed to meet four times a week for our discussion, which allowed us to work coherently and use the minimum time for the Assignment. Our primary goal was to determine, classify, and critically analyze the entrepreneurial theories, concepts, and techniques fundamental for our module for future entrepreneurial skills and innovation.

Developing a project from the Assignment

Developing an idea after studying concepts and doing critical research was the next step of the task, given the economic challenges that many nations face; therefore, many governments now need entrepreneurial activity to enhance economic growth. We first brought our research and findings together and then after a series of discussions, it was essential for us to develop ideas that could be relevant in the current economic climate. Again, working together as a team was critical. As a leader, I gave direction for everyone to bring with them the ideas that we could discuss and agree on the best one we could present as a group to the respective places that had been designated.

From the beginning of the course, the main objective of entrepreneurship education is to “develop entrepreneurial capacities and mindsets,” (Cuervo. et al., 2007, p.27). This enhances creativity, innovativeness, and self-employment. I employed the Sudhakar technique in conflict management by ensuring that each member had an opportunity to present their ideas and surface them. Afterward, we evaluated each vision and came up with the best idea.

Teamwork and Group Dynamic

Entrepreneurship as a discipline of study is verse, and teamwork is essential in developing and implementing a good project. Therefore, it was fundamental for us to work and perform effectively, which has significant advantages over working individually. Each individual has skills and strengths, and sharing different goals is essential to develop a collective objective (Arches, 2012, p. 14). As a team, we worked cohesively and developed positive interactions that helped us share our problems and support one another in uncomfortable areas.

Since we had an understanding from the past Assignment, there was a positive understanding which made it easier to work and assign tasks to each individual. Communication was primarily essential when posting research topics and giving feedback through presentations (Sudhakar, 2015). The after effect was that it effectively ensured that we were on the same page regarding our projects and assignments and hence the achievement of the goals.

Lessons Learned

Entrepreneurship is an important and the most prevalent factor in the current economic environment. Domestic, international corporations and small businesses rely on entrepreneurial innovation to improve operations and profitability. I have learned that every entrepreneur is a risk-taker and thinks beyond uncertainty to ensure that the objectives of the business are achieved. Training and educating people on entrepreneurial ideas and skills in the current society is crucial because it can open more opportunities and bring economic solutions to the present world market. There are traditional and modern models of entrepreneurship that focus on developing ideas, utilizing inputs, and making desired productivity (Nkansah, 2011, p. 5).

In contrast, modern theories focus on residual factors, including technical changes, such as technology, institutional education, and organization. Several approaches are fundamental in understanding entrepreneurship, in general. These include innovation theory, need for achievement theory, social behavior theory, theory of social change, status withdrawal theory, leadership theory, and many others. Working in groups and constantly being accountable to each member has significantly improved my communication and leadership skills. This is because interacting and working with different people is a new experience that shapes my future talents in the field market

Conclusion

Tuckman and Beldin’s theories and techniques were generally helpful in forming the group and guiding on the next phase of doing the tasks considering working with people in the most challenging task. Conflicts and disagreements are inevitable whenever people meet and try to have a common objective. It might create an uncomfortable environment through negative relationships poor communication and cause adverse effects in the team if not addressed and appropriately managed. We overcame and resolved any miscommunication or misunderstanding between the members to enhance a suitable environment for discussion and research. Leadership was critical and motivated my learning by connecting and directing the group, making me reasonable, responsible in communication, and responsible.

Reference List

Arches, J. (2012). The role of groupwork in social action projects with youth. Groupwork, [online] 22(1), pp.59–77. Web.

Brown, V. (2021). Belbin and Tuckman: supporting your team at every stage. [Online] www.belbin.com. Web.

Cuervo, Á. Ribeiro, D. and Roig, S. (2007). Entrepreneurship: Concepts, theory and perspective. Introduction. Entrepreneurship, pp.1–20.

Nkansah, K., 2011. Entrepreneurship theories and empirical research. European Journal of Business Management, 3(6), pp.5-6.

Sudhakar, G. (2015). A Review of Conflict Management Techniques in Projects. [Online] papers.ssrn.com. Web.

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StudyCorgi. 2023. "Experiential Learning of Entrepreneurship and Innovation." January 7, 2023. https://studycorgi.com/experiential-learning-of-entrepreneurship-and-innovation/.

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