The Importance of Entrepreneurship Education for Startup Creation in Thailand

Abstract

[EN] Data has shown that Thailand lags other countries in the region for start-up creation and success, with the limited provision of Entrepreneurship Education cited as a main reason. We investigated using qualitative research the views of existing entrepreneurs and students planning on starting a business on the education they received. We specifically looked at the content of Entrepreneurship Education, extracurricular activities, and opportunities for networking. We found that both agreed experiential learning and practical experience worked best, internships were an underutilized resource and founders were more aware than students of how to network and how it could help them. We suggest some recommendations to refine the current Entrepreneurship Education offering based on these results including modernizing the curriculum and making more use of internships and extracurricular activities for both experiential learning and networking, free from the constraints of assessments.