Interview with Donald Kuratko
Tuesday, December 22, 2015
Posted by: Bonnie Nolan
Interview with Don Kuratko
by Polly Black, Assistant VP- Print Publications
PB: Can you give us an extract of the talk you are planning to give? A taste of what you will be talking about?
DK: The title is “Entrepreneurship Everywhere…..What is the Future Trajectory?” I want to examine from where we have come in the last 40 years as a discipline, point out the perils of success, and then explore with the audience the future of entrepreneurship as a discipline. What specifically are the challenges we face and how can we provide the solutions. If entrepreneurship is truly everywhere, then are we really going anywhere? The answer is of course, yes, but our trajectory needs to be carefully thought out. We cannot simply live on the laurels of the current successes.
PB: What are some (or one) of the more interesting developments you have heard or seen in entrepreneurship education recently?
DK: The enormous movement of entrepreneurship across campuses. It now permeates almost every discipline. Our book, Entrepreneurship Programs and the Modern University by Michael H. Morris, Donald F. Kuratko, Jeffrey R. Cornwall (Edward Elgar Publishing) outlines the entrepreneurial imperative that has spread across campuses. From curriculum, to support programs, to outreach, to university-wide programs, our book details this immense movement.
PB: Recent articles in the news press have suggested that Millennials are risk averse and so less inclined to be entrepreneurs, but more independent and so more inclined to be entrepreneurial within existing companies. What are your thoughts on this question?
DK: I believe that corporate innovation is a huge wave happening in all organizations today. Today’s organizations have a dire need to innovate or they will not exist in the future. Yet, they need a generation of young professionals with “entrepreneurial mindsets” to execute on the needed innovations. If, in fact, our Millennials are less inclined to be entrepreneurs then it we still have a major mission at hand to educate and prepare the next generation of corporate innovators. Even more importantly I believe that entrepreneurial leadership is the newest form of leadership needed in all organizations (non-profit or for-profit) so the entire concept of entrepreneurship education may be even more critical today as a way of leading then merely starting a firm. And, as I tell my students, once you have been involved in corporate innovation, who knows what might trigger a desire later to set lout on your own. Remember, the GEM study shows that the United States has the highest rate of entrepreneurship among 55–64 year olds in the 25 developed economies studied as they are more confident in their abilities to start businesses than those 18–44 years of age. So, maybe the Millennials are on the right track after all!!