Improving Entrepreneurial Education through Self-Regulatory Skills

Peter Bryant, University of Sydney, (Australia)

My research has shown that socio-cognitive self-regulation plays a significant role in decision-making by entrepreneurs. In particular, it suggests that self-regulation is related to the effective use of intuition, heuristics, and the limitation of bias in decision-making. At the same time, educational research has shown that self-regulatory skills are critical for achieving learning outcomes. I explored some of the same self-regulatory skills in my research on entrepreneurial decision-making. In particular, I studied the role of metacognition, self-efficacy, and regulatory focus. In this session I argue that entrepreneurship education and training—especially related to decision-making—can be enhanced by incorporating techniques that improve self-regulation. I present results from my recent research in support of these arguments, and also discuss related opportunities for research and innovative practice in entrepreneurship education and training.

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