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Due to a severe shortage of qualified business doctorates, the AACSB recently liberalized its definition of terminally degreed scholars to include outside doctorates who have developed research capabilities in business. This decision opens up entirely new ways for faculty members to meet the AACSB criteria as terminally qualifed.

The study explored the challenges and potential of online gamification to develop actionable recommendations for entrepreneurship pedagogy in the phase of ‘new normal’. This study applied an experimental game which the authors developed, and a mixed method was applied to the data sets collected from the students: an open-ended survey of 91 students and in-depth interviews with 23 students. It has been found that the students perceiving activities with gamifications are good learning stimuli in entrepreneurial classrooms as a first step; then, they found it effective to learn and deepen their understanding of theories and models as a second step after the gaming activities, which is a reverse approach from a traditional business education approach. Gamification enables students to think critically on game scenarios via participation in gamifications, which can be strengthened and embedded in their mind by theoretical learning which follows the gaming activities. The findings of the study provide a practical guidance for entrepreneurship pedagogists with ‘activities first’ which will be followed by theoretical learning.

Access the online Pressbooks version of this article here. This Scholarship of Teaching and Learning (SoTL) study examined whether undergraduate business students reported having different attitudes towards poverty after completing SPENT. SPENT is an open-access, digital poverty simulation offered through Urban Ministries of Durham. The author used the Reflexive Thematic Analysis approach (Braun & Clarke, 2006) to analyze 17 student reflection papers. The students were enrolled in an introductory finance course at a small teaching institution in the Southwest. The student reflection paper prompts were based on the four-phase Experiential Learning Model (Kolb, 1984). The author constructed four themes about the students’ attitudes toward poverty: (1) laziness and poor decisions, (2) multiple causes, (3) low wages, and (4) importance of education. This research offers implications for college instructors who use simulations and those who teach about poverty.

PurposeIn today’s corporate world, effective management of diversity is a critical business and social imperative. This paper aims to identify relevant issues connected to diversity training and suggest course content that can be useful in corporate and academia while offering diversity training.Design/methodology/approachThe authors have conducted a literature review on primary aspects connected to diversity training. Specifically, papers published in recent times are given focus to come up with relevant diversity training content and other connected concerns.FindingsIn this paper, the authors focus on how academicians and practitioners can develop an effective diversity training initiative, based on some of the critical nuances discussed in the literature. Suggested training content includes sensitivity, awareness, behavioral approach, policy guidelines and diversity impact analysis. This training content can further be customized based on the corporate context where the training is to be delivered.Originality/valueBased on the literature review, the paper suggests a holistic diversity training program that is hopefully going to be useful for both practitioners and academicians.

Business process modeling attracts great importance in enterprises due to the need for a graphically simplified and less verbal way to manage their operations. Nevertheless, the existence of various process modeling standards across the different departments of the same enterprise, such as Business Process Modeling Notation (BPMN) diagrams, classic flowcharts, Gantt charts and Petri nets, urges their notation alignment. After the business process model nota-tion alignment, complex constraints and relationships among the enterprise's department processes can be automated and simplified. In the light of the digital transformation of today's enterprises, the main objective of this paper is the proposal of a straightforward and simplified business educational equivalence table so that a direct conversion among BPMN diagrams, flowcharts, Gantt Charts and Petri Nets can be locally fulfilled by non-specialized personnel in each enterprise's department. The methodology of this paper can be generalized in every enterprise where the aforementioned process modeling standards across its different departments coexist.

PurposeThe purpose of this paper is to draw attention to the lack of a clear theoretical framework in management education programs to allow students to understand the world in which gig workers operate. The article asserts the need for practical guidance for pedagogy to prepare students to manage in the gig economy.Design/methodology/approachThis paper provides a rationale for the assertion that, beyond training students to create their own work configurations in the new world of work, management education should acquaint students with the specific challenges faced by managers responsible for a spectrum of workers in various work configurations. This paper explicates gig work configurations and offers theoretical and practical issues related to worker and manager identity to be considered in the development of an educational framework.FindingsManagement curricula over time have successfully augmented several competencies to the manager identity. Bolstering the competency of simultaneously managing employees working in multiple employment arrangements is the next natural progression of management education.Practical implicationsParticular challenges for prospective “gig managers” may relate to the management of somewhat elusive processes that enhance their own and their workers' organizational identity and related outcomes.Originality/valueThe authors invoke the literature of holding environments for identity development, along with the distinctness and inclusion facets of Kegan's theory of the evolution of consciousness and tenets of institutional theory, in a call for the examination of methods that may help aspirant managers recognize distinction and inclusion needs in others and cultivate tools to assist in their workers' need fulfillment.

The Discussion Method produces significant student learning outcomes. In a time where we are only beginning to witness artificial intelligence’s disruption of work and the economy, these learning outcomes are crucial to personal and professional success. This paper begins by tracing the role of the Discussion Method within the liberal arts tradition, and by extension the Confucian tradition. Second, this paper examines how the Discussion Method lost its value in higher education as a consequence of the employability problem. In this section, the employability problem is defined as a two-fold misunderstanding among students and parents regarding the purpose of education and how to prepare for the workplace. Third, this paper reframes the purpose of the Discussion Method in an integrated curriculum for preparing students to achieve personal and professional success. Also, in the third section, student generated data serve as evidence to support the argument that (1) discussion-based classes are an important missing element in undergraduate management education and (2) discussion-based classes are superior to large lectures. This paper concludes that a discussion-based business pedagogy anchored by the liberal arts and sciences leads to eight major learning outcomes: (1) how to reconcile opposing arguments; (2) how to think on one’s own two feet; (3) how to formulate cohesive arguments to reach a consensus; (4) how to mitigate fear of sharing individual opinions by building relationship among classmates; (5) how to allow students to learn better by motivating them to prepare more for class; (6) how to enable students to remain engaged during and after class; (7) how to embraces nuance; and (8) how to integrate new ideas from disparate perspectives and disciplines.

To support the development of a society that is attuned to the challenges presented by sustainable development, it is vital that higher education business students understand the value of sustainability, and act in a way that is consistent with these values. This paper explores a sustainability-focused experiential learning activity through investigating the utility of an emerging form of service learning in the digital space for developing global citizens. The paper presents an international case study of educators who employed digital service learning in various business education contexts. The research reports on the perceptions of higher education students in relation to their awareness, critical thinking and action for sustainability. The paper has practical contributions in identifying an opportunity for implementing sustainability curriculum into higher education for business.

Purpose: Business Education is everywhere. But is business and management education modeled mostly in the North American model or corporate business model, suited for a developing country like Bangladesh, where most of the businesses are small businesses? Who teaches what to whom for whom, using what resources, and following what approaches? Is the need for entrepreneurial and small firms being fulfilled by current business education and management graduates? If not, what to improve? Where to start? This article explores these issues and draws a concrete scenario of business education in a developing country like Bangladesh. Methods: This is an ethnographic reflection of eighteen years of corporate and academic experience. The author consolidates experiences from 'direct observant participation' including observations coming through continuous interactions with other stakeholders. Thus, the 'going native' syndrome has been minimized through peer validation from both industry and academic professionals. Results: Business education has a gap or mismatch in expectation and orientation. Teachers are recruited fresh out of universities without any exposure to the industry. Research and journal articles by faculties are hardly relevant and read by industry practitioners. Textbooks are foreign, mostly North American, or copycat translations. Graduates are blindly taught theories, and examples of multinationals. Business schools are nurturing this corporate blindness without any homegrown exercise or comprehensive local need analysis. So, industry, particularly, huge and varied SME sectors are not getting 'person-job' fit management graduates with realistic orientation. All know some of it for sure but none knows the entirety. So, the paper also made actionable propositions for all stakeholders - who could do what from their respective positions. Implications: Current situation of business education in a developing country like Bangladesh is analyzed in detail. To initiate improvement in a meaningful way, all should have a starting big picture consolidation or situation analysis, on which a broad consensus can be developed, and synergistic progress can be made. This study consolidates that big picture of business and management education in one place, and it can be used one of those springboards from where stakeholders can take away their imperatives, and also work in collaboration with other actors. Originality: All issues are partly known and discussed partly, in a range of papers, seminars, and dialogues. But consolidation in one place, drawing a summary of all actors and stakeholders, along with the context they operate, is rare. This paper attempts to do that.

The aim of this paper is to critically analyze the papers from the literature mainstream regarding the gravity model and to identify the main findings. The paper highlights the importance of studying the gravity model in the tertiary business education. Introduced by Tinbergen (1962), the gravity model was widely used to analyze the international trade flows in theoretical, as well as empirical studies. Alongside the classical determinants, economy size, market size and geographical distance, other variables which influence the trade flows were found: trade agreements, foreign direct investments, exchange rate, trade taxes, cultural distance, migration, remoteness, knowledge capital, technological development. There are many controversies regarding the zeroes problem within the model, as well as many controversies on the solutions of the zeroes problem. A meta-analysis and systematic review of the relevant literature in the last 56 years was conducted. From author’s knowledge, this study is the most extended literature review on the gravity model, covering more than 50 years of research. Despite all the theoretical controversies, the gravity model proved to be a robust one, with a great power of explanation in more than 80% of the dynamics and structure of the trade flows. Therefore, the gravity model should be considered a valuable analysis tool in teaching and studying in tertiary business education: international trade, econometrics, statistics, trade policy and so on.

PurposeThis paper explores some management concepts and how applying these concepts from business to higher education can be problematic, let alone incompatible, particularly in relation to measuring quality in higher education.Design/methodology/approachIt provides a conceptual understanding of the literature on quality in the higher education context. It does so by examining the literature on students as customers, customer expectations, customer satisfaction and other management theories that have been applied to higher education.FindingsIt argues that the current bases for perceiving quality such as meeting customer expectations, satisfying the customer, ensuring quality control, meeting standards and assessing the cost associated with poor quality are in disagreement with the principal aims and measures of quality in higher education.Research limitations/implicationsThis paper can certainly benefit from many other concepts in business that have been applied in higher education, which it lacks. It only focussed on a number of key and popular ideas in management theory that have been used in higher education more broadly.Practical implicationsStudent-focussed quality initiatives can be devoid of the student as customer concept. How programs, subjects and experiences are curated can be solely for the purpose of continuous improvement. Second, universities that choose to treat the student as a customer may find it beneficial to apply a relationship marketing approach to higher education. Lastly, those against the student as customer concept may focus on the long-term impact of quality initiatives such as promoting lifelong learning, building long-term relationships with alumni and employers and those that further promote academic integrity.Originality/valueSome considerations have been offered. These considerations revisit the basic notions of teaching and learning in higher education. It puts an emphasis on sidestepping the student as customer metaphor, that learning is not expressed in dollar terms, and that the quality of the student experience cannot be measured by student evaluation alone because it is felt much later in life.

Purpose This paper aims to explore the early days of business education with the aim of understanding how the Harvard Business School (HBS) contributed to the constitution of “management” as a science-based profession. The research focuses on HBS signature pedagogy, the case method and its role in the institutionalization of managerial knowledge. Design/methodology/approach The research is based on a qualitative content analysis of HBS Annals published between 1908 and 1930. Through a manual coding of the Annals, the paper traces the diffusion of the case method in the curriculum and connects it with the institutional transformations that took place between 1908 and 1930. Findings The data show how HBS curriculum transitioned from lectures to case teaching in the aftermath of First World War. This pedagogy allowed HBS to demonstrate the possibility of systematically investigate management problems and to deliver business education at scale. The discussion argues that the case method, acting as a boundary object between business praxis and management theories, constituted management as a science-based profession. Originality/value Recent debates have emerged about case method’s ability to critically question socio-economic structures within which business is conducted. This paper contributes to the debate arguing that the historical and institutional factors leading to the affirmation of this pedagogical approach had a substantive role in the type of knowledge produced through its application. The findings challenge the idea that the affirmation of the case method is attributable to its epistemological primacy in investigating business problems.

Purpose Motivated by the perceived disparity between supply and demand for skilled workers in STEM fields, namely, science, technology, engineering and math, the purpose of this paper is to conduct an empirical study of attitude and readiness for STEM education and careers among American and Chinese college students in business disciplines. The authors’ findings point out that students in China and the USA have some significantly different perspectives of STEM maybe because they are prepared and inspired differently. These differences may have fundamentally impacted their attitude and readiness for pursuing a STEM career. Implications from this research project should be noteworthy to educators and academic administrators so that appropriate curricula and cultivation can be offered. Design/methodology/approach The authors have decided to look into the situation using a comparison approach by surveying a randomly chosen group of college students from China and another from the USA and then analyzed their responses to the authors’ delicately constructed survey in a hope of finding any patterns that may cause the authors to rethink about the authors’ approaches to cultivating interest in STEM. Findings The findings described in the paper should offer us some significant, though still preliminary, implications as follows: both American and Chinese students admire STEM careers, but feel rewarding differently; American students may have other career choices that may be equal or more rewarding while Chinese students choose STEM fields by following a cultural norm; having early exposure to science subjects and gaining relevant experience help grow interest in STEM among American students, but such exposure may bring about negative effect on career choices; American female students are at least as capable of succeeding in STEM as their male counterparts; American students seek more advice on their career choices than Chinese students who may follow a cultural norm. Advisory service from teachers and parents may impact differently from peer influence does; extracurricular activities can more positively affect interest in STEM than taking science courses. Research limitations/implications Although the survey has collected responses from only business students in both countries, the resulting implications should reflect what a sizable segment of college students feel and think about STEM and thus should allow educators and institutional administrators to use as evidence in pursuing innovative curricula and advisory services that would better prepare our future students for STEM education and beyond, especially in those disciplines, like business administration, in which STEM skills are increasingly in demand. Practical implications Some significant, though still preliminary, implications should be readily drawn from the study: first, both American and Chinese students admire STEM careers, but rewarding may mean different things to them. American students may have other career choices that may be equal or more rewarding per their definition of rewarding while Chinese students may pursue STEM fields by following a cultural norm rather than by considering it rewarding. Second, having early exposure to science subjects and gaining relevant experience can help grow interest in STEM among American students, but such exposure, especially taking science courses, may bring about negative effect on career choices. Extracurricular activities can more positively affect interest in STEM than taking science courses. Third, female students are at least as equally interested and capable of succeeding in STEM as their male counterparts, but their interest and confidence may be more vulnerable to challenges imposed by market reality and cultural bias. Fourth, American students seek more advice when available on their career choices than Chinese students do as the former may face more competing career choices and possess less preparation for STEM than the latter does. Finally, advisory service from teachers and parents may impact differently than the influence peers can perpetrate. Club activities when peers can naturally influence each other may be quite effective in promoting interest in and preparing readiness for STEM, and these activities are more effective to American students than Chinese students and to male students than female students. Originality/value Nine hypotheses are proposed to validate through this empirical study. These hypotheses reflect thoughts upon the literature review and pertain to the factors that should impact STEM education.

Purpose This paper aims to compare the findings from a survey of a cohort of students at an Australian regional university across two time points: immediately on commencing their first semester of study and at the end of their final semester of study to determine whether, and in what ways, these students’ views concerning sustainability appear to have changed. This paper reports on a longitudinal study of the attitudes, beliefs and perceptions of undergraduate business students regarding a range of sustainability issues. Design/methodology/approach A paper-based questionnaire was delivered to approximately 250 first year and 150 third year students. Findings A factor analysis shows small but statistically different positive differences, which indicate that the revised curriculum has been successful in raising student awareness and achieving behaviour change. Research limitations/implications The study focussed on Australian undergraduate university business students, which reduced generalizability of the findings. Practical implications The findings of this study can inform instructors in higher education of student attitudes towards sustainability and climate change adaption and in turn inform changes to tertiary curriculum in sustainability and climate change adaption. Originality/value The authors confirm that the research is original and that all of the data provided in this paper is real and authentic. As the paper reports on the third phase of the longitudinal study, some parts of the methodology have been previously published but differ as they reflect the third phase of the study. The results of this study have not been previously published.

This paper highlights preparing business education teachers for effective implementation of student-centred learning strategies in the e- world. The paper defines terminologies such as Student-centred learning, e-learning and the need for linking ICT to education policies. It examines the world links program with student-centered teaching and learning web sites as well as discusses main characteristics of student-centered strategies and its popular types. It further discusses learning situations in the field of business education, teacher's role in student-centred strategies with implication of using student-centred strategies in Nigeria business education programme and analysis of threats to student-centred strategies. The paper concludes by making recommendation on the way forward among which Teacher should encourage student interaction in utilizing e-libraries or e-world at large in class participations. Institutions should encourage teachers in using student-centre strategies by sending them to seminal, conference/ workshop that base on this purpose. And institution should make available internet service 24/7 with power supply in the schools and staff quarters.

Educational needs are changing worldwide. Social aspects and the impact of knowledge and education on changing society are already taken into consideration from some viewpoints. However, the social impact of different models of education that bring new knowledge in innovative ways and the application of social entrepreneurship still need be investigated. The main question that this study addressed is how higher education institutions (HEIs) will approach the new era, in relation to knowledge needs and their social impact, and which model allows HEIs to become more entrepreneurial and follow social entrepreneurship. The paper contributes to addressing challenges and opportunities that universities (especially those located in developing countries) face in their pathway to developing social entrepreneurship education with the aim of increasing their value creation capacity. Through a case study analysis, this paper highlights the relevance of knowledge creation, circulation, and transfer among different stakeholders for universities to shift towards an entrepreneurial and innovative perspective. The findings of this research highlight the relevance of social innovation, knowledge development processes, and wide and collaborative national and international networks as essential elements in paving the way for universities to become entrepreneurial universities.

The emergence of highly complex sustainability challenges in modern society has led to the necessity of searching for more effective approaches to education for sustainable development. Research has shown that reflection leads toward more profound levels of engagement with respect to sustainable actions. Therefore, higher education has a role to play in stimulating reflection in light of sustainability. Art-based techniques, which have not been included alongside traditional teaching methods, have begun to gain the attention of researchers and teachers in higher education as they produce a deeper impact and involvement and can have a positive influence on the minds and hearts of the students. The aim of this paper is to demonstrate that poetry can contribute to integrating the arts and humanities in management education. The potential effect of poetry on business management majors is being explored as a part of their Corporate Social Responsibility course. Poetry has considerable potential as an innovative approach to teach sustainability, but it is rather unusual in business education. Poetry was chosen as an enabler for reflection and emotions. This original teaching project was followed by a research project relying on reflective assignments. A rereading of Walter Benjamin'sIlluminationsfrom the perspective of sustainability studies was a source of inspiration, in particular “Theses on the Philosophy of History,” “The Storyteller” and “Unpacking My Library.” The paper assumes that Benjamin's ideas relate to a slow journey involving “awakening,” “wisdom” and “in a process,” three elements that are at the core of promoting a sustainability mindset. The research project consisted of four reflection assignments students had to comply with: reading and interpreting poetry; searching for a poem which would be most appropriate for the discussed sustainability topic; creating their own poem and reflecting on the whole task. The research took place in the second semester of 2020 and first semester of 2021, all in COVID-19 pandemic context. Students' participation was not mandatory, but the majority joined. Their perceptions and impressions reinforce the existing knowledge about the emotional power of poetry to encourage reflection. The results show that poetry plays a relevant role in encouraging future managers to develop a frame of mind that incorporates sustainability and responsibility. Business students are open to this approach because it adds a new and unexpected dimension to their studies. Despite the urge to integrate reflections, this is still an exception for the majority of management courses. The results suggest that poetry is a relevant instrument to promote a more sustainable mindset among future managers. Paradoxically, by emphasizing a slow journey, i.e., allowing time for integrating reflective practices, a transition toward sustainability in daily managerial processes can be accelerated.

Purpose This paper aims to present and discuss an interdisciplinary educational approach to business ethics, based on a virtue ethics framework and the common good paradigm. This approach addresses the challenges that businesses face in building legitimacy and creating shared values. Design/methodology/approach The paper presents a case study of an experience of an interdisciplinary postgraduate course, discussing both the design of the program and its first results. Findings The paper focuses on the theoretical and practical reasons for the interdisciplinary nature of business ethics education and contributes to the literature on business ethics education as well as training and educational practices in academic and professional contexts. Practical implications This paper can positively influence business education practices by sharing a replicable educational model and fostering virtuous practices that contribute to renewing the perception of the purpose of firms. Social implications Improving business ethics education can positively affect the social performance of firms contributing to the common good. Originality The paper presents an innovative interdisciplinary educational program that, to the best of our knowledge of the current literature, can be consider an original contribution.

Purpose Within the context of business school education, the purpose of this paper is to propose a conceptual foundation in making academic knowledge more relevant to managerial practice through the use an off-shoot of pragmatist philosophy, Bridgman’s “operationalism,” in order to integrate theoretical knowledge with managerial experience. Design/methodology/approach Drawing on practice theory and Dewey’s theory of education, the paper argues that the operationalization of concepts into a set of actions brings theory closer to experience. An example from decision making during the Second World War illustrates the approach. Findings Facing future uncertainty, managerial practice strives to achieve goals in particular contexts. Knowledge is prospectively useful in situ when it is a source of fertile suggestion in perplexing situations. By presenting concepts as actions, students should find it easier to develop cognitive skills that can combine experience and knowledge for addressing novel decision-making situations. Research limitations/implications The research presents an application to decision making. More research is needed to determine how the approach can be extended into other domains of business education. Empirical testing of the effectiveness of the proposed method in different contexts may explicate how the method can be implemented, developed and improved further. Originality/value The debate on how to educate future business leaders has addressed concerns over the relevance of abstract knowledge, business practices, legitimacy and professionalism. It has also been marked by a lack of prescription for improving business school education. The current paper addresses this lack and will facilitate the development of teaching pedagogies that are more relevant to managerial practice in business education by providing a solid theoretical foundation.

Purpose This paper provides an analysis of the experiences of undergraduate business students undertaking reflective writing as a series of incremental assessments. Using Moon’s map of learning (1999) as an analytical framework, it explores the value of reflective writing to students studying Asian culture in the business context during the first semester of 2017. Design/methodology/approach With 200 enrolments, the authors taught a core business course, Asian culture in the business context, in the first semester in 2017. The value of the assessments is analysed based on two data sources: written course feedback via a course survey and a combination of semi-structured interviews and focus groups. The written course feedback was collected by the university during the semester. Approximately, one-third of the students (n = 63) participated in the survey. The other data were collected through semi-structured interviews and focus groups for nine students. Ethical approval for the collection of data was obtained from the university ethics committee. Findings The study confirms that reflective writing enables students to make meaning of their learning and transfer it to the cultural context of business practice. In addition, the assessments help the students develop logical thinking and academic writing skills. To increase the use of reflective assignments in business programmes, further research and teaching practice is required. Research limitations/implications A limitation of this research was the relatively small sample size. Even though written survey feedback (n = 63) was used to complement the number of interviewees (n = 9), the findings of the data analysis may not represent the experiences of all students in the course. However, the data are valuable to bridge a gap between the existing research and teaching practice on the use of reflective writing in other disciplines and business education. Practical implications Although the transfer of academic knowledge to business practice is a core capability of the business programmes, business students may not obtain this during their study in the programme. Several students mentioned a lack of opportunity to apply reflective writing skills to other courses in their business degree, except one core course using a reflective essay as an assessment. This implies that the majority of the students in the degree are not exposed to situations that require them to critically evaluate, consolidate and consider what has been taught in relation to future practice. Social implications Further research and practice will increase the popularity of reflective writing assessments in business programmes. As Hedberg suggests, reflective practice should be integrated into all classrooms in business education. Together with analysis and action, reflection should be a core capability for managers (Hedberg 2009). In addition, the business faculty needs to work in a reflective manner that encourages students to be familiar with the reflective practice. Originality/value This paper analyses the pedagogical aspects of reflection based on the experience of undergraduate business students undertaking reflective writing assessments.

Purpose The international community recognizes the role of entrepreneurship education in fostering economic growth and sustainable development. However, preparing the next generation of entrepreneurs is not an easy task, since today’s complexity requires the creation of skills and capabilities for which the traditional programs reveal their inadequacy. Some scholars remark how entrepreneurship education and entrepreneurial intention are not necessarily related and, in line with policy makers’ concerns, call for educational programs more routed in financial skills’ enhancement. The purpose of this paper is to explore the potential of system dynamics (SD) for entrepreneurial education, investigating the relationships between financial and entrepreneurial skills’ formation and business development. Design/methodology/approach The paper introduces the main elements of SD, describes literature streams of SD applications fitting the entrepreneurial education spheres and proposes an SD’ insight model based on selected literature and declined in terms of stock-and-flow and causal loop structures. Findings The study provides a causal model capturing the links between the processes of entrepreneurial skill formation and firms’ start-ups and closures. Such model introduces a double effect of financial literacy on entrepreneurial orientation and locates the contribution of simulated entrepreneurial decisions in formal and informal educational contexts. Originality/value The paper displays how SD can contribute to entrepreneurship and presents an original causal model highlighting the accumulation of financial and non-financial skills through education and experience, their impact on business development and the usefulness of SD methodology for skill achievement.

Purpose The purpose of this paper is to discuss the course of entrepreneurship education (EE) research within the framework of entrepreneurship. The study is based on the results of previous research published in the annual double special issues of Education + Training (E+T) journal. In this context, it examines the role of EE at different levels of education; EE interactions and approaches; the effects of the variety of variables on EE; and the grouping of these variables into clusters. Design/methodology/approach The study uses literature review to categorize 59 papers into clusters based on the associations of different variables to EE which have been extracted from the annual double special issues of E+T journal. These special issues were published during the period of 2011–2018. All the reviewed papers were empirical in nature. Findings The study has identified 47 variables from 59 empirical papers, which have been grouped into 6 clusters around EE. Based on different levels of studies such as primary, secondary and tertiary levels, the examined papers discuss a variety of variables with reference to their positive, negative, significant or non-significant relationships to EE. Originality/value The paper demonstrates the progress of the knowledge produced with regard to EE research in recent years. It is among the very few studies to focus on the discrete collection of special issue papers.

Purpose Out of 24 public business schools in Egypt, the purpose of this paper is to focus on three in order to investigate how responsible management education is perceived and exercised by academics there. Design/methodology/approach A total of 168 academics were contacted and interviewed in 42 focus groups. The length of each focus group was about 45 min, and all of them were conducted in Arabic because the majority of respondents are not fluent in English. The authors used thematic analysis to determine the main ideas in the transcripts. Findings Based on data analysis of the perceptions of academics concerning business education, research and management process at the target business schools, the authors of this paper found that responsible management education is not considered a priority in the work agendas of the Egyptian public business schools. Furthermore, the authors believe that besides issues with the general acceptance of the need for responsible management education, there are functional, procedural and edu-academic barriers that these schools need to overcome first before proceeding with implementation and expecting positive outcomes. Research limitations/implications This research maybe subject to criticism because the authors address only the perspectives of academics in the chosen business schools while neglecting other academic partners, particularly those in managerial positions, such as rectors and heads of departments. Future researchers may use the same research questions to investigate a managerial level perspective to depict a more holistic picture of the situation. Moreover, including Egyptian private business schools may also enrich the findings. In fact, the authors suggest that scholars from different academic disciplines such as sustainability management, business ethics, higher education, sustainability and cultural diversity work together to produce more interdisciplinary and trans-disciplinary research on the global responsibility themes business schools have to manage. Originality/value This paper contributes by filling a gap in sustainability, HR management, business ethics and higher education literature in which empirical studies on responsible management education and the responsible practices of academics have been limited so far.

The proper purpose of any human institution is to improve the lives of the people who depend on it. If we support that proposition, then is there any place for a private-purpose corporation? The question becomes especially urgent as society and the human species face growing threats.This paper posits that the private-purpose corporation, and the neoliberal ideology that affirms it, are major drivers of the social and environmental destruction we daily witness. If that is the case, then what might be essential features of business institutions that would better serve humanity? What might be the role of a Theory of Community. And what might that mean for business education? This paper provides a broad framework for exploring those questions from a humanistic management perspective. It addresses the foundational issue of human purpose, describes the growing momentum for moving societies toward an ecological civilization, and notes the Earth Charter as a valuable source of ethical principles. Finally, it identifies the outcomes the formal institutions of an ecological civilization must serve and concludes with five design principles that these institutions will need to honor to support lives of diversity, beauty, creativity, and meaning for all.

The National Oceanic and Atmospheric Administration (NOAA) collects ecosystem data to support coastal resource conservation and management activities by studying stressors that impact estuaries such as the Chesapeake Bay, which is the largest in the United States. This paper seeks to help NOAA justify its existence and its budget by utilizing Monte Carlo simulation as a financial modeling tool, with such simulations providing insights on how to allocate identified resources. The results of the study offer an innovative method for helping government managers decide how much money to spend, what to spend it on, and how to acquire resources for the Chesapeake Bay Interpretive Buoy System. Moreover, this paper also demonstrates how an experiential project in graduate business education can be used to support sustainability efforts by addressing community-focused issues while improving student connection between theory and application at the same time.

Purpose The purpose of this paper is to describe lessons learned from integrating student-managed investment funds (SMIFs) in finance education systems based on the case of the Raymond Rebsamen Investment Fund at the Sam M. Walton College of Business, University of Arkansas. Design/methodology/approach The paper has three main parts. First, it describes how the Rebsamen Fund operates as an integral part of undergraduate and graduate finance education at the Walton College. Second, it explains how the Fund spawned creation of sister funds, an institute, a 62-seat trading center, and coordinates with other agencies and stakeholders. Third, it lists strengths, weaknesses, opportunities and threats facing future SMIF integration into finance education. Findings The use of innovative experiential learning solutions like SMIFs bridging theory and practice can be enhanced by integrating them into effective systems of finance education. Practical implications Lessons learned include benefits of SMIF management by class, licensing and professional certification, trading centers, use of SMIF finances to support other components of education, proliferation of SMIFs, SMIF stimulation of academic units like centers/institutes, SMIF facilitation of collaboration, importance of tying SMIFs to student finance clubs, coordination of industry speaker visits between SMIF classes and clubs, and use of SMIFs in addressing cutting-edge challenges. Originality/value This paper discusses how SMIFs can be integrated in finance education.

Purpose The Tennessee Valley Authority (TVA) provided funds to 25 universities in its service region for the establishment of student-managed investment funds (SMIF). The purpose of this paper is to examine the TVA Investment Challenge Program and its implementation at The University of Tennessee at Martin (UTM). Design/methodology/approach Each university has the freedom to structure the process for students to manage its investment fund as it chooses. This paper provides a description of the overall Investment Challenge Program and the specific Program at UTM. Findings The Investment Challenge Program is a valuable experiential learning opportunity for finance majors at UTM. Participating students enhance their portfolio management knowledge, their written and oral communication skills, and their employment opportunities. Research limitations/implications The paper is limited to TVA Portfolio guidelines and managerial style. Practical implications Faculty who supervise similar programs at other universities may be able to replicate some aspects of the program’s design. Originality/value The paper describes the TVA Investment Challenge, a unique program of SMIF. TVA provided funds to 25 universities with the stipulation that the student managers adhere to the same guidelines as TVA’s professional money managers. The university is a participant in the Program.

Purpose The purpose of this paper is to outline the problems encountered by a student-managed investment program (SMIP) when the pool of qualified finance majors is limited in number. Restructuring the program to a single-semester course and opening the class to motivated/intelligent non-finance majors increased the number of applicants, but resulted in alternative difficulties, particularly time constraints and inadequate student preparedness. A prerequisite exam and regimented classroom structure were the solutions. Design/methodology/approach The paper discusses the problems encountered and solutions devised to address the early year difficulties experienced by a newly developed SMIP at a relatively small university. The core of the paper chronicles the classroom approach to solving the main problem of a single-semester portfolio management course, the handling of an investment learning curve in a short period of time. Findings Though empirically limited due to the program’s infancy, portfolio performance has been encouraging and student feedback exceptional. Regarding the former, stocks purchased by the fund have created greater wealth in total than that of equal dollar investments in an S&P500 index fund. Practical implications Universities interested in running a student-managed fund should feel secure in a one-semester approach, regardless of talent pool size, as measured by the number of motivated, intelligent finance majors. Originality/value Aside from the uniqueness of requiring a mastery of entrance exam investing materials prior to the first class, this paper’s outline of core portfolio management activities includes several strategies and methods meant to streamline the process within a groupthink design.

This paper provides an overview of some recurring and disturbing concerns regarding business education, most specifically business ethics. Prominent scholars such as Mitroff, Alpaslan, Goshal, Mintzberg, Senge, Giacalone, and others have repeatedly expressed their aversion to the way business education is implemented, and the direction it has taken in recent decades. Specifically, the paper will focus on four major areas of concern, followed by a suggestion of eight trans-disciplinary approaches that are not only realistic, engaging, and appealing, but that also prepare future business performers better for upcoming moral challenges, and shape their minds toward constructive and community-advancing, rather than self-centred, problem solving.

This paper aimed to better understand business students’ expectations of Brazilian corporate governance after recent scandals, focusing on capturing their perceptions after the Lava Jato (Car Wash) police investigation. Adapting a prior survey applied to business students, data were collected from three colleges in São Paulo, the largest city in Latin America, with a total of 328 responses. The data were initially submitted to confirmatory factor analysis (CFA), after which we employed a structural equation model (SEM). Our main finding indicates that students are skeptical of an increase in Brazilian corporate governance after this police operation. This result is supported by the prior literature and denotes student consciousness of the need for deep reforms in the business environment and compliance rules. Furthermore, strategic human resources management is the most prominent corporate governance tool today, and the survey revealed disbelief that the Board of Directors and internal audits will act as potential inhibitors of fraud and corruption. These findings are associated with a broad view related to sustainability which denotes that future firm leaders, who are currently business students, comprehend that an ethical business environment needs to be built by professionals who are able to understand the role of corporate governance mechanisms. This paper contributes to the literature by offering a holistic assessment of business student perceptions and encourages a discussion of current models and instruments of Brazilian corporate governance. The scarcity of studies involving education and governance can be considered a constraint to building sustainable companies from a long-term perspective. Comprehending business students’ perceptions about corporate governance mechanisms can be considered a path to increasing the number of business courses with topics aligned with practical effects on environmental, social, and governance subjects, mainly when these mechanisms are evaluated from an integrated perspective.

This paper offers a comparison of the accreditation standards of three CHEA and US Department of Education recognized business school program accreditation agencies – AACSB, ACBSP, and IACBE. It also discusses the relative challenges and benefits of achieving accreditation by these agencies. While the choice for business schools is often not very clear and is a long drawn negotiated process involving different interest groups, this paper will nevertheless offer some basis of comparison among the accreditation agencies. The author draws heavily from his own personal experiences leading accreditation efforts in various US based and international b-schools and proposes the merits and demerits of different alternatives.

The current pandemic is, above all, a crisis of knowledge—Humanity had to find a vaccine, and now we are not sure how to behave socially to minimize the pandemic bad effects. For organizations, this situation requires an update in the reflection regarding both the strategy and the actions that should be performed. Therefore, the current crisis requires new ways of applying knowledge strategies and dealing with dynamic capabilities. We first analyze the two questions (knowledge strategies and dynamic capabilities) in abstract and general terms, and then we specifically focus on business education during the COVID-19 crisis. We conclude that COVID-19 creates a need for all knowledge strategies in terms of business education. Data, information, knowledge, and wisdom will be needed, above all, it requires the Unknown-Knowns, which is the basis for Knowledge Sharing, and the Unknown-Unknowns that base Knowledge Exploration because both Knowledge Exploitation and Knowledge Acquisition are strategies business schools use to perform in times of crisis. They are more difficult to implement because both the Known-Knowns and the Known-Unknowns are less valuable to solve a crisis like this one: all this will result in “agile universities”, which will be (and already are) those that will use the right strategies and the right dynamic capabilities and will have better results. The paper is original because we link Knowledge Management and Human Resources Development Concepts to generate a broader and more comprehensive understanding of the organizational behavior about a very specific problem—business education—in a very specific time of the COVID-19 crisis. The limits of the paper relate to the evolution of society itself, we do not know when the crisis will end, and we are not sure how much of the “new normal” will remain in the “post-COVID-19” situation. The topic and analysis are of interest for practitioners because daily, they experience how their reality changed and their need to adapt, yet they do not know how. This topic and analysis are also of interest to scholars because science is based on questions, explaining and providing ways to improve one’s reality. COVID-19 has shown us, dramatically and uniquely, the need for new solutions in times of peace.

In the last decades, business competition has been increasingly among supply chains (SCs) rather than individual firms. Today, considering the challenges of environmental, social, and economic sustainability, it is becoming even more vital to coordinate and co-manage company resources, activities, and innovative efforts at the SC level. Consequently, knowledge, which is a critical resource for companies, needs to be managed properly not only in single firms but also across SCs. For the education of business managers, this implies a double challenge: first, to make students and future executives become aware of the knowledge management (KM) practices that can be adopted, second, to facilitate the assimilation of these practices for the effective management of SCs, to ensure higher economic and environmentally sustainable performances. Standard definitions and classifications can be of great help, but the current studies are very fragmented. This study contributes by exploring the literature and examining the KM practices that are proposed and defined by the different authors. A systematic review and a descriptive analysis of selected papers showed the trend and focus of papers in the KM and SC fields. In addition, based on the definitions and classifications drawn from the literature, this paper discusses a possible systematization of the key KM practices in SCs. The major contribution of this paper is the effort of re-definition and re-classification of KM practices and their potential importance for effective and sustainable SC management. This analysis can be especially useful for organizing KM courses targeted to current and future business managers.

The current paper sheds light on the results of the experiment starting the very early stage of a would-be multiphased study aimed at implementing business-like approaches into the system of higher education in Russia. Though the subject of research keeps up with the current trends, the study is seen as having a high degree of novelty thanks to the shift from business education to classical high school as long as broadening the scope from strategic planning of a University as a whole institution toward the exact areas of academic programme delivery, i.e curriculum and course design and students’ assessment. The article focuses on the possible ways to increase and uphold the high level of graduates’ employability by keeping up with the current trends of the labour market. Prototype workflow charts are offered to provide information on how the optional constituent of the curriculum should be extended to be continuously changed or reworked if applicable based on the changing current needs under the close supervision of the bodies formed by the alumni associations, employers and University members and students’ assessment should run. The research is supposed to involve the few areas of managerial processes implemented into learning processes, while the current paper is focused on two of them: curriculum redesign / course selection and students’ assessment. The quantitative section of the article concentrates on the results of the survey conducted among students and teaching staff of four leading Universities in Moscow, which aimed to figure out how both sides would take the offered transformations.

This paper works towards the enactment of a Lewin&ndash, Deleuze&ndash, Guattari rhizome. We assemble Deleuze and Guattari&rsquo, s principles of the rhizome, Lewin&rsquo, s idea of re-education, and reflections on the performance of one of the authors in the lecture hall, bringing into being what could be a rhizomatic partnership approach to sustainability learning in a higher education setting. The reflections are based on experiences delivering a sustainability module within a business education context, mainly for international students in Germany. The purpose of this paper is to illuminate possibilities of student&ndash, teacher partnership assemblages, aiming to motivate sustainability change agency on &ldquo, people-yet-to-come&rdquo, those who are open to enacting difference, or multifaceted, heterogeneous, and often partial transformations addressing the current plethora of contemporary crises.

Purpose This paper aims to provide insights on student engagement in the learning of accounting during the COVID-19 disruptions and the pivot to online learning. Design/methodology/approach This paper is based on reflections of academic staff members teaching accounting papers at two large New Zealand universities. Further supporting information was derived from student feedback collected via paper appraisals. Findings The findings of this paper suggest that there were some successes and numerous challenges in engaging students in online learning of accounting. Strategies that seem to have worked well include the use of synchronous and asynchronous channels to proactively facilitate and provide learning support to students in online learning. The challenges include frustrations with online technologies and the difficulties of making personal connections with students; therefore, engaging some of the cohort in the learning proved to be difficult. Research limitations/implications The findings of this paper suggest that there were some successes and numerous challenges in engaging students in online learning of accounting. Strategies that seem to have worked well include the use of synchronous and asynchronous channels to proactively facilitate and provide learning support to students in online learning. The challenges include frustrations with online technologies and the difficulties of making personal connections with students; therefore, engaging some of the cohort in the learning proved to be difficult. At risk, students were less likely to participate in online live sessions due to issues such as the lack of proper computer equipment, connectivity issues, family responsibilities or the home environment. Practical implications This paper has the potential to inform and enhance practices of higher education institutions, accounting educators and other stakeholders such as support staff on strategies that could be implemented to achieve effective student engagement in online accounting education. Originality/value This paper is original and contributes towards sharing ideas with the academic community on effective teaching practices used during the COVID-19 pivot to online delivery, which can enhance student engagement in business education.

In the context of dynamic changes in the business environment, updating the business model based on innovation is becoming a strategic priority for business leaders. Innovations in the supply chain through digital technologies hold great potential for creating new value, sustainable growth, increasing efficiency and business competitiveness. However, the innovative activity of Russian companies has not yet become a determining factor in ensuring economic growth and the formation of their competitive advantages. The purpose of this paper is to understand the significance of business models updating and explore their connections with business strategy and innovation management. The methodology of research is based on methods case study design, event-structure analysis and also the "strategy as practice" research program. The paper examines the experience of a successful Russian company in the formation and updating its business model based on innovations in the logistics chain through digital technologies, which led to an increase in efficiency and ensuring the long-term competitiveness of the business. The paper presents the results of the analysis of changes in the business model and business processes based on different types of innovations, which ensured the company's success and maintained its leadership in the building materials market. The paper has a practical focus and contributes to an understanding of business model updating processes and their connections with business strategy and innovations. Its results can be useful for both novice and experienced managers to understand the innovative mechanism of business growth and the formation of strategic competitive advantages. They can also be used in modern business education to develop the strategic thinking skills of managers and entrepreneurs.

The aim of the paper is to investigate the benefits and drawbacks resulting from the implementation of e-learning in accounting modules among educators. The primary source of data was a questionnaire conducted among 79 accounting lecturers, employed by the leading Polish economic universities. The results of the survey have shown that e-learning is not widely used by accounting academics in Poland. The most important benefits of the e-courses included the enhancement of efficiency and flexibility of the teaching process. The most serious difficulties were an extensive amount of work associated with designing and updating course materials and technical problems. The effectiveness of e-learning techniques in teaching accounting subjects is determined by the easiness of e-learning delivery, more regular learning process, greater development of students&rsquo, social competences during e-learning classes and a more effective process of verification of students&rsquo, progress, in comparison with traditional classes. Furthermore, the study provides evidence that lecturers, who decided to use e-learning, perceive this way of teaching as more efficient, and at the same time more demanding, in comparison to traditional classes. The paper contributes to the understanding of the use of e-learning in accounting education and offers findings that might be useful for both policymakers and practitioners.

Changes in the external environment and the digital transformation of the business lead to changes in companies’ business models. However there is still insufficient attention to studying the business models of existing successful companies and the processes of their formation and updating despite the significant increase of interest to the business models within the academic and practical environment. The ideas of management practitioners about existing business models are often fragmented and can vary significantly, which makes it difficult to use the business model as a modern conceptual and analytical tool for the strategy. The methodological basis of the study includes the business model concept, case study design and also strategic, process and situational approaches. Based on the testing of the integrative framework, our study provides a holistic view of the business model. We have studied the key business model characteristics through the case study of an existing successful Russian company operating in the building materials market. The paper presents the results of the company's business model analysis and the processes of its updating based on innovations. The paper is practice-oriented. The results obtained in our research can be useful for management practices in the field of strategic management, and for modern business education in to build managers' strategic thinking skills.

This paper explores teachers’ experiences of providing feedback to accounting learners in a selected rural school in South Africa. In terms of the Curriculum and Assessment Policy Statement (CAPS) for Accounting, assessment is viewed as an integral part of teaching and learning, with emphasis on continuous provision of feedback. Providing continuous feedback to learners in this manner influences the way in which the subject is taught and assessed. In this paper I adopted a qualitative case study design to understand teachers’ experiences in providing feedback to their accounting learners. Three accounting teachers teaching in the Further Education and Training Phase in one rural school were purposively selected for this study. Semi-structured interviews and lesson observations were employed to gain responses to the key research question. Thematic content analysis was carried out on the data collected. What emerged from the findings is that the contextual constraints that accounting teachers in a rural school face impede the quality and provision of constructive and timely feedback. This causes teachers to devise their own strategies of providing feedback.Keywords: accounting language; accounting teachers; communal feedback; rural school

The purpose of this paper is to understand the challenges faced by business education institutes while imparting education to the students in India due to COVID-19 and to provide solutions to such problems. This is a paper on business education practices in COVID-19 times. The paper provide solutions that have been applied in our institute to cope with the challenges posed by coronavirus pandemic. The challenges included network connectivity, classroom participation, assessment methods, and end semester examinations, among others. We developed solutions by interacting with peers and taking cues from online forums of bodies from our industry in India, like the Association of India Universities. The innovative solutions included snap quizzes, providing free internet to students, case study discussions, simulations, among others, through online platforms.Not all innovative solutions were successful, but majority of them proved useful in such times. The paper is unique as it is a firsthand experience of the author in business educations field.

The purpose of this paper is to develop a conceptual framework of teacher competence in technology-enhanced learning environments in higher education that can be used for evaluating teaching effectiveness and guiding faculty development in accounting and business education. Using perspectives from pedagogical content knowledge theory, educational production function theory, and the competence-in-action theory, the paper draws on the teacher competence framework (Baumert & Kunter, 2013) that has been previously used for modelling teacher competences of pre-service accounting teachers (Bouley et al., 2015) and proposes two modifications of it that will allow to include in-service teachers within higher education. The authors argue that by incorporating a set of TPACK (Mishra & Koehler, 2006) constructs the proposed conceptual model can capture and structure the essential types of teacher knowledge for effective technology integration and, therefore, is well-suited for evaluating teaching effectiveness and setting faculty professional learning goals. This paper is an extended and updated version of an earlier paper that was originally presented at the Annual CITE Conference (Thomas & Chukhlomin, 2020).

Purpose Accreditation as a mean to improve the position of the university has become one of the major illustration of non-price competition. Three major accreditation bodies, known as the “big three”, dominate the market of business schools’ accreditation in the world, namely, AACSB, EQUIS and AMBA. This paper aims to explore the current of accreditation of business schools in Lebanon, and to test for the difference of tuition fees between accredited institutions by any of the “big three” and other business schools. Design/methodology/approach Using a desktop research approach, the paper provides the list of the accredited business schools from the “big three” in the Arab region and Lebanon and compiles data about the number of business schools in Lebanon since 1960, their tuition fees, and their accreditation status. Using a parametric and nonparametric procedure, the paper compares the tuition mean difference between accredited and non-accredited business schools. Findings The paper reveals an alarming slow progress in the Arab world when it comes to accreditation. In Lebanon, the paper finds that only seven out of 37 business schools are accredited and only three hold an accreditation from the “big three”. The two samples t-test and the Mann–Whitney U-test show that accredited schools charge tuition fees that are three times the average of other schools. Research limitations/implications This paper can be improved by using a larger sample and investigate the effect of accreditation on tuition fees. Practical implications The results highlight the existence of a gap when it comes to accreditation in the Arab region and the importance of policy-making in promoting accreditation. Moreover, business schools in Lebanon should be aware that accreditation with the “big three” could be associated with substantial increase in tuition fees. Originality/value This paper is the first to investigate the state of accreditation of business schools in Lebanon and its association with tuition fees.

Purpose This paper aims to argue for a need for a paradigm shift in business education that would move the focus of curriculum away from profit maximization at all costs to incorporation of principles of sustainability. Design/methodology/approach This is a conceptual paper that argues for a major shift in business education, one that not only incorporates diversity and interdisciplinarity and integrative learning at its core, but also does not superficially conflate sustainability with corporate social responsibility and/or business ethics. Findings This paper discusses the broader concepts of diversity, integrative learning and interdisciplinarity related to curriculum design and several approaches for integrating a broadened definition of sustainability through business school curricula and pedagogy. Research limitations/implications The paper only discusses a few of the many factors that are needed for the argued need for change in business school curriculum. Social implications It is important to educate future managers with consciousness of sustainability not only for the sake of the communities of today and future generations but also for corporations to stay sustainable in the future when some of the natural resources they use today will be much scarcer. Originality/value A typical business school in the twenty-first century is not educating future managers and entrepreneurs for the realities of a business life today, let alone getting them ready for the world of tomorrow in which obtaining resources and addressing supply chain and waste management issues will be remarkably different. Therefore, it has become imperative for business schools to start a paradigm shift that moves the focus of business school education away from the historical one of profit-maximization toward one that has sustainability at its core.

As we enter the new millennium, business schools or economics faculties face a number of new challenges. The graduates of a business school are expected to be critical capable of 'learning to learn', technology-savy, and ethical. Mean while, the emergence of the internet as a new and powerful communication infrastructure has facilitated the rapid growth of the virtual business schools around globe. It leads to the global completion among processes, services, universies. As a consequence, Indonesian universies have to reform its products, processes, services, people, and environments. one of the 'best' approaches to do so is the adaptation of total quality management consep into higher education environment. This paper describes the profiles of future alumni of business schools, followed by a discussion on the emergence of virtual business schools as a new business education paradigm in the future. Finally, this paper tries to identify sereval factors critical to the successful implementation of total quality management in universities.

Introduction . Professional training of the people possessing a wide range of entrepreneurial competencies is becoming an imperative in the conditions of a post-industrial society development characterized by a focus on innovation, priority of knowledge, a high level of competition and involvement of a big proportion of population in service industries. Universities are charged to play a key role in developing highly qualified specialists with an extensive creative and intellectual potential capable of implementing various business projects and becoming a driving force of a sustainable economic growth in their countries. Therefore, there is a big interest in practices of developing graduates’ entrepreneurial culture and literacy established in universities of developed countries. Aim . The article is aimed at systematizing the existing experience of the US and UK universities in delivering entrepreneurship education based on academic models as well as considering a possibility of adapting the most efficient conceptions, teaching approaches and techniques within the Russian higher education system. Methodology and research methods . The methods include a qualitative analysis of the concepts “entrepreneurship education” and “entrepreneurial competencies”. A case study method was used for describing the academic models applied for teaching entrepreneurship in different universities. Results and scientific novelty . The processes and outcomes of entrepreneurship training in the US and UK higher educational institutions were characterized and compared. The paper provides the description of the academic models applied at the leading universities for providing business education. They integrate the elements of experiential learning, multidisciplinary, multicultural, interactive, learner-centered teaching approaches to developing entrepreneurial behavior patterns, key and variable competencies and “soft” skills. The paper reveals the problems and drawbacks of entrepreneurship education delivery within the Russian higher education: a discrepancy between the competencies fixed in university curricula and the ones actually needed; an inadequacy of teaching methods and absence of consistency in the course of students’ acquisition of theoretical knowledge and practical skills for efficient entrepreneurship activity. Practical significance . The recommendations for improving entrepreneurship education in the Russian higher education system were proposed. The authors grounded a need for implementing an academic model of experiential learning, which enables graduates to develop entrepreneurial competencies and acquire a system of knowledge in the field of entrepreneurship.

The fashion industry has well-documented challenges around sustainability; the predominance of the low-cost-high-turnover business model raises questions about fashion’s ethics (Shaw et al., 2004). Fashion’s engagement with sustainability is most visible in design and production areas and is much less well developed in the area of socially responsible management, although integrating ethical business and sustainability into graduates’ attributes is increasingly seen as a priority for educators (Sims, Brinkmann, Sims and Nelson, 2011). The 2007 United Nations Principles for Responsible Management Education are an engagement framework for Higher Education Institutions to embed CSR in education, research, and campus practices (unprme.org). This Global Compact initiative developed in response to the global economic crisis, as a framework against which business schools can audit progress towards a societally responsible curriculum and practices. Purpose, the first of the six Principles, challenges educators to develop their students’ capabilities ‘to be future generators of sustainable value for business and society and to work for an inclusive and sustainable global economy’ (unprme.org). With our position as fashion business researchers and educators we have a responsibility to guide students as they develop their positions on the serious issues the fashion industry faces today. This paper explores a series of curriculum interventions at undergraduate and postgraduate level which introduce fashion business students to the complex practical and ethical challenges for 21st century fashion businesses, using the lens of sustainability to explore every aspect of the fashion industry: production, design and promotion. Through the authors’ research and teaching, case studies, lectures, seminars and assessment tasks have been designed to engage students with a 360 degree understanding of sustainability and to promote students’ development of creative solutions to our industry’s challenges. One such teaching initiative was a finalist in the 2015 Environmental Association for Universities and Colleges (EAUC) Green Gown Awards. It involved a series of guest lectures from sustainability champions after which students carried out sustainability audits on start-up fashion brands and proposed design and marketing strategies using sustainability as a key source of differentiation and added value (Aaker & McLoughlin, 2010). Learning about issues such as textile waste and opportunities e.g. co-creation and no-waste design, engagement was high and students responded positively: ‘The sustainability part of this project has changed the way in which I look at fashion due to my heightened awareness of the sustainable issues affecting fashion’ (student feedback). Another initiative based on the authors’ research into innovative business models, uses their case study on social enterprise as the basis for a Fashion Marketing Strategy unit which uses real fashion industry examples, including our own alumni, to encourage debate about fashion’s difficult questions- the balance between economic, social and environmental sustainability. In these and other innovative fashion business curriculum examples explored in this paper, our research and teaching aims to find and respond to an increased interest in concepts of shared value (Porter & Kramer, 2011) particularly evident in new generations of students (Jarvis, 2016).

As companies and other organizations increasingly recognize society’s demand for greater social and environmental sustainability, university and college business schools have responded with new pedagogic approaches. Business schools have begun to offer courses in business models and business model innovation that focus not only on profit-normative goals but also on social and environmental goals. This paper describes an Experiential Workshop for university undergraduates in which the Service-Learning pedagogic approach is taken and Flourishing Business Canvas is applied as a tool for collaborative visual business modelling. In the Workshop, the students work with business model innovation for a biogas production cooperative of farmer-members in southern Sweden. The students take the role of problem-owners and problem-solvers as they co-create new business models ideas for the cooperative. The paper presents the students’ achievement of three Learning Objectives as they engage in meaningful, “real-world” simulations with a high degree of autonomy that allows them to combine their theoretical knowledge with practice. Implications for educators who wish to test the Experiential Workshop in their classrooms are proposed. The paper concludes with the suggestion that Education for Flourishing is a useful expansion of Education for Sustainable Development.

This paper focuses on the suppliers’ evaluation and selection and aims to develop a criterial model of suppliers’ evaluation as an innovative method for engineering and business education. This new method comes with the purpose of organisational supply chain management performance growth, by improving the entire supply chain system and engineering process, and bringing contribution to the specialty literature in this field. The research methodology is based on qualitative research. The bibliographic research from various secondary sources is used, such as diverse books, scientific articles, reports and information material. In order to achieve a high performance in an organisation it is necessary to monitor and control the procurement process. Certain gaps have been identified in identifying a supplier rating and selection system based on both logistical, financial, price or quality aspects. As an own contribution, this paper proposes a criterial model of evaluating and selecting suppliers, based on specific aspects related to the product, services, delivery and to the financial situation. The motivation of choosing this model is found in its capacity of noticing the negative aspects regarding the relationship between an organisation and its suppliers and finding out the improvement aspects, with a high impact on the engineering process’ and supply chain management’s improvement. The model offers the possibility to benchmark the suppliers, aspect which favours the potential collaboration with future suppliers.

The current changes and challenges of the economic and financial environments have created a need for further development in the way higher education, organizations and management systems view the sustainable development and business education. The purpose of this paper is to examine different aspects and approaches regarding sustainability, sustainable development, and Corporate Social Responsibility (CSR) in the context of business education. The research is based on a literature review, on the experience gained as a result of our participation in various projects and international activities regarding the above-mentioned concepts, and on the results of several qualitative and quantitative marketing researches developed by the authors. Based on these findings we are underlining the fact that the concepts related to CSR and its components are not well known by managers of companies and public institutions and we also point out the fact that the respondents that have knowledge and skills in this field, have acquired most of them outside the formal education system. Furthermore, the paper contributes to the discussion needed to take place in order to understand that universities should make important steps not only for reorienting curriculum, developing programs, and modules, but also in implementing innovative teaching methods in order to integrate such topics in their educational programs.