Challenges of Re-connecting Entrepreneurship and Business Education at Universities (Evidence From Georgia)

Abstract

Given paper identifies the main challenges of reconnecting real entrepreneurial practice with business education at institutions of higher education on the example of Georgia. The paper also analyses peculiarities of youth entrepreneurial attitudes in post-soviet Georgia with transitional economy and discusses the ways of reconnecting business education and entrepreneurship within the institutions of higher education. Examination of youth’s entrepreneurial attitudes helps to target their entrepreneurial aspirations, their potential and plan respective economic policy. The paper also develops conclusions based on analysis of different research projects and scholarly papers about the impact of Bologna Process on management of higher education in Europe and neighboring transitional countries. Comparison of survey results conducted by prominent scholars in Europe, Georgia and Latin American countries, despite differences between them, show the convergence in understanding of priorities of educational programs by stakeholders of higher education.