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Five Minds for the Entrepreneurial Future

Author

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  • Thomas N. Duening

    (Thomas N. Duening is El Pomar Chair in Business and Entrepreneurship and Director, Center for Entrepreneurship at College of Business and Administration, University of Colorado, Colorado Springs, USA.)

Abstract

This article proposes a new perspective on entrepreneurship curriculum design, one that is founded upon the emerging research into the cognitive skills that successful entrepreneurs possess and deploy. Specifically, this article utilises Gardner’s ‘minds’ approach as a theoretical framework specific to the challenge of developing curriculum for teaching entrepreneurship. Following Gardner, each entrepreneurial mind developed in this article is a meta-category representation of a host of cognitive sub-skills that have been identified through research to be unique to successful entrepreneurs. The five minds for the entrepreneurial future are: (1) The Opportunity Recognising Mind, (2) The Designing Mind, (3) The Risk Managing Mind, (4) The Resilient Mind and (5) The Effectuating Mind. Taken as a whole, these five minds provide an intellectual foundation for entrepreneurship education and curriculum development. The articulation of the aggregated cognitive sub-skills in terms of entrepreneurial minds provides curriculum designers with a handy taxonomy, not unlike those used by general education curriculum designers. In addition, each of the entrepreneurial minds is based on a rich and growing literature that focuses on the cognitive skills that successful entrepreneurs possess.

Suggested Citation

  • Thomas N. Duening, 2010. "Five Minds for the Entrepreneurial Future," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 19(1), pages 1-22, January.
    • Handle: RePEc:sae:jouent:v:19:y:2010:i:1:p:1-22
    DOI: 10.1177/097135570901900101
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    References listed on IDEAS

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    1. Donald F. Kuratko, 2005. "The Emergence of Entrepreneurship Education: Development, Trends, and Challenges," Entrepreneurship Theory and Practice, , vol. 29(5), pages 577-597, September.
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    3. Ronald K. Mitchell & Lowell W. Busenitz & Barbara Bird & Connie Marie Gaglio & Jeffery S. McMullen & Eric A. Morse & J. Brock Smith, 2007. "The Central Question in Entrepreneurial Cognition Research 2007," Entrepreneurship Theory and Practice, , vol. 31(1), pages 1-27, January.
    4. Janney, Jay J. & Dess, Gregory G., 2006. "The risk concept for entrepreneurs reconsidered: New challenges to the conventional wisdom," Journal of Business Venturing, Elsevier, vol. 21(3), pages 385-400, May.
    5. Robert A. Baron & Michael D. Ensley, 2006. "Opportunity Recognition as the Detection of Meaningful Patterns: Evidence from Comparisons of Novice and Experienced Entrepreneurs," Management Science, INFORMS, vol. 52(9), pages 1331-1344, September.
    6. Saras D. Sarasvathy, 2004. "Making It Happen: Beyond Theories of the Firm to Theories of Firm Design," Entrepreneurship Theory and Practice, , vol. 28(6), pages 519-531, November.
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    Cited by:

    1. Marie-Josée Bernard & Saulo Dubard Barbosa, 2016. "Résilience et entrepreneuriat : une approche dynamique et biographique de l'acte d'entreprendre," Post-Print hal-02313427, HAL.
    2. Stephanie Duchek, 2018. "Entrepreneurial resilience: a biographical analysis of successful entrepreneurs," International Entrepreneurship and Management Journal, Springer, vol. 14(2), pages 429-455, June.
    3. Martin Mabunda Baluku & Julius Fred Kikooma & Edward Bantu & Kathleen Otto, 2018. "Psychological capital and entrepreneurial outcomes: the moderating role of social competences of owners of micro-enterprises in East Africa," Journal of Global Entrepreneurship Research, Springer;UNESCO Chair in Entrepreneurship, vol. 8(1), pages 1-23, December.
    4. Robert Hoffmann & Bronwyn Coate & Swee-Hoon Chuah & Pia Arenius, 2021. "What Makes an Artrepreneur?," Journal of Cultural Economics, Springer;The Association for Cultural Economics International, vol. 45(4), pages 557-576, December.
    5. William P. Racine, 2021. "The Sleep Paradox: A Retrospective Exploration into Sleeplessness and Aberrant Sleep Patterns to Gain Insights into Entrepreneurial Psychology and Behaviour," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 30(1), pages 7-29, March.

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