Drawing on appropriate theories of entrepreneurial learning, provide a Essay

Drawing on appropriate theories of entrepreneurial learning, provide a reflective account of how your experiences in this module - Essay Example Furthermore, entrepreneurial learning is a specific field where more than any theoretical knowledge, practical knowledge and experience is imperative and therefore most valued, but with the former playing an important role of its own. In theoretical-based entrepreneurial learning, with the same aims reflected and supported by the practical aspect, some of the key questions that are focused upon are what the essential skills to master are in order to become a successful entrepreneur, how those skills can be obtained, and indeed, whether they can be obtained or at all, or whether they, in a large part, are inherited and inherent in a person's personality. Entrepreneurial learning can be summed up as the outcome of a sequence of choices among many options, often directly contradicting each other, which over time, influence the pattern of choices and individual may take. The skills of deduction and analysis required to make these choices are inculcated and develop through entrepreneur le arning (Harrison & Leitch 2008) . There are three specific aspects to entrepreneurial learning. Firstly, the personal and social development required in an individual, which will equip them to become a successful entrepreneur. ... nt aspect of entrepreneurial learning involves examining what roles an individual's personality and developing environment play in their role as an entrepreneur. This can include past experience, the lessons and conclusions drawn from them, and the effect that it will possibly have on future ventures, or it can include environmental factors that work towards inculcating certain thinking biases in an individual's perspective (Deakens 1998). It can also aim to educate the individual on how their current thinking and evaluation may affect future ventures, or whether and in what ways it should be challenged and developed, according to the goals and expectations of that individual as an entrepreneur. The aspect of entrepreneurial learning focused on learning through physical environment and experience is also called contextual learning. As evident from the name, it involves employing the individual in a scenario of certain context relevant to their position and development as an entrepren eur so that they may take actual decisions based on a variety of key choices, which ultimately go on to effect the outcome, in a positive or negative way. Experiencing the role of an entrepreneur and the situation where it's required leads an individual into applying skills and sense of practical experience, which comes into play where there's a need to make analytical decisions. It also allows expertise in the sense where an individual may logically predict to a certain accuracy the outcome that would result from a certain choice. This again leads to valuable experience, which comes into use where decisions need to be made in situations where there is a lack of common data to build choices upon and therefore make a decision from, and in which case past experience and future acumen will