Do Entrepreneurship Courses Change an Individual's Attitude Toward New Venture Creation? Results of a Quantitative Assessment of the Cornell Entrepreneurship Program

Does en rollment in entrepren eurship classes actually impact venture creation? Our findings indicate that entrep reneurship classes have not only had a statistically significant impact on new venture creation, but are also significant in ch anging a student's mindset to favor entrepreneu rship. Using an Instrumental Variable Pro bit model and data collected from a large sample (1,520) of Corn ell University graduates, this paper finds that entrepreneurship classes have positively impacted venture creation, with venture creation being positively correlated with being "rich." The i mpact o f the entrepreneu rship program was observed campus-wide and across majors. Quantifying the imp act of entrepreneurs hip classes justifies the existence of entrepreneu rship education, and provides evidence fo r the continuation of such cu rricula at U.S. colleges and universities. Additionally, the paper highlights some of the issues facing academia as entrepreneu rship education becomes mo re popular.

Does en rollment in entrepren eurship classes actually impact venture creation?