Unveiling the Entrepreneurial Mindset: A New Approach to Education

Entrepreneurial competencies

Bridging the gap in entrepreneurial education, our newly developed framework, comprising 15 principal competencies, offers universities a comprehensive tool to intentionally cultivate the entrepreneurial mindset. This innovative tool ensures a targeted, nuanced approach to fostering entrepreneurship, replacing hopeful coverage with intentional teaching.

Note: from this introduction page you can click through to our interactive framework where you may explore all the principal competencies and their sub-competencies. You are also able to download a pdf of the full framework from there.

Certain competencies distinguish the mindset of the successful entrepreneur

The entrepreneurial landscape, ever-changing and thrilling, is a captivating world of possibilities and challenges. At its heart lie certain competencies and capabilities that constitute the quintessential entrepreneurial mindset. It is these traits that often distinguish a successful founder and their venture. Moreover, even for those not intending to delve into entrepreneurship, these characteristics can prove invaluable. They are sought after by corporates and organizations alike, underscoring their broader relevance.

Understanding these competencies allows us to know what and how to teach entrepreneurship

As educators vested in the realm of entrepreneurial pedagogy, the comprehension of these competencies becomes crucial. It serves two fundamental purposes: it enlightens us on what to teach, and perhaps more importantly, how to teach it. The competencies, a blend of cognitive and non-cognitive elements, are not merely subjects to be communicated but traits to be nurtured. A deeper understanding of these elements provides us with a robust metric to gauge the efficacy of our educational programs in cultivating an entrepreneurial mindset.

A framework to help design, develop and measure programs has remained elusive

Indeed, significant work has already been undertaken in this sphere. Noteworthy examples include Saras Sarasvathy’s exploration of “effectuation,” the European Union’s EntreComp framework, and the initiatives by the Network for Teaching Entrepreneurship (NTFE). Yet, despite these substantial efforts, a comprehensive framework catering to the unique requirements of designing, developing, and implementing high experiential programs remains elusive.

“Standing on the shoulders of giants” we have developed a framework for program designers

Addressing this gap, we have synthesized our experiences and insights from existing research to develop a set of 15 principal competencies, each supported by several sub-competencies. The product of rigorous research, partially funded by an EU-based Higher Education Initiative, this framework promises a nuanced and holistic approach to entrepreneurial education.

We invite you to use this framework in your programs

We extend an invitation to universities developing and implementing entrepreneurial programs to utilize our work. Whether these programs form part of the accredited curriculum or are extra-curricular initiatives like accelerators or incubators, the framework can prove beneficial. Of course, the complexity and extensiveness of the framework mean it may not be fully covered by all programs, especially shorter ones. However, the framework enables educators to consciously choose which competencies to focus on, replacing reliance on hopeful coverage with targeted teaching.

Let us reshape entrepreneurial education together

Discover our framework at Mashauri Entrepreneurial Competency Framework  (MecFrame ) and join us on this exciting journey to reshape entrepreneurial education. We hope that, through deliberate design based on our framework, we can collectively nurture future entrepreneurs, equipped with the knowledge, skills, and mindset they need to succeed.

At the end of 2019 I was invited to a summit in London discussing the future of education and work, hosted by HolonIQ. It was a fascinating and inspiring event with hypotheses supported by a strong fact base and a range of presentations by organisations operating at the leading edge of the industry.

I decided to put together a summary of the event in the form of an interactive presentation allowing you to dive into some of the key elements (note on page 2 of the presentation, each block is clickable to reach the underlying organisation). In addition, as entrepreneurial education is your (and our) focus area, we added a page that considers some of the implications for this.

(It is probably best to view this in full screen mode)


As a central point for entrepreneurship in your organisation, you may want to use this material to flag the relevance and importance of developing an entrepreneurial mindset in your institution’s graduates. Please feel free to distribute the link.

I would like to acknowledge Patrick and Maria (co-founders of HolonIQ) for the excellent work they are doing in this space.