Show Me the Money: The Impact of Funding on Entrepreneurship Education at German Universities
Susanne Steiner, Jan Kratzer, Heiko HaaseAbstract. This article examines the current characteristics of Entrepreneurship Education (EE) at German universities. We first assess the degree of alignment between course objectives and corresponding contents on an individual course level. As a result, we find a low degree of alignment. In the second part of our analysis we show that the German universities in our sample predominantly use internal funds for their EE courses (75%), followed by external state funding (12%) which mostly stems from German federal sources. Moreover, a third of the sample shows a funding mix, with the majority attracting half of their budget from one or two external sources. In the final part of our analysis we assess the implication of the funding type on the design of EE and are able to show characteristic course profiles for two funding types. Overall, this article demonstrates that types of funding are key drivers for EE design, a fact that hitherto has not been accounted for. pp. 55–72
Keywords: Entrepreneurship Education; Educational Finance; Financial Sustainability; Funding Mix; Funding Implications
JEL Codes: L26, I22, I23, P35