American Entrepreneurship Education Sucks

A study on entrepreneurship education in 31 countries, including the U.S., found that the state of entrepreneurship education and training in American schools has declined sharply. It went from crappy in 2005 to crappier in 2008, as revealed in a 2008 survey of experts who rate it barely half as good as it was in 2005.

The study was part of an annual report by a project called the Global Entrepreneurship Monitor GEM), which has been producing these special reports since 2000. The experts rate conditions such as whether the education system “encourages creativity, self-sufficiency and personal initiative,” and whether it provides “adequate instruction in market economic principles.” And apparently the conditions aren’t impressive.

Inc.com comments on the GEM report which revealed several lags in American Entrepreneurship training.