Brits need more entrepreneurship education

A report by the UK National Endowment for Science, Technology and the Arts (FESTA), the National Council for Graduate Entrepreneurship (NCGE) and The Council for Industry and Higher Education (CIHE) urges UK universities to take entrepreneurship education beyond business school startup courses and integrate it more deeply into university life so that the country can remain economically competitive. As Keith Herrmann, Deputy Chief Executive of the CIHE puts it: “Pure business skills are no longer sufficient. To add value to the workplace, graduates will need to distinguish themselves by developing entrepreneurial skills that enable them to seize and exploit opportunities, take risks, think strategically, work flexibly, manage complexity, and acquire the more generic employability skills needed for the workplace, such as team-working, communication skills, and commercial awareness.”

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