Academy for Entrepreneurial Leadership | Illinois

Academy for Entreprenurial Leadership
Transforming Ideas, Accelerating Innovation, Creative Value

Discover Our Faculty Fellows

Peters
Michael A. Peters
Professor, Educational Policy Studies, College of Education

Entrepreneurial course taught by Professor Peters

EPS 530 ENT, Education, Entrepreneurship and Creativity in the Global Knowledge Economy (in collaboration with Professor Tina Besley)

This new course aims to develop a critical understanding of the notions of entrepreneurship and creativity in education as important components in the global knowledge economy, to which the discipline of education has paid scant attention. Educators need to become far aware of the central role of education in the knowledge economy, as a vital component in a nation's economic well-being and comparative advantage. The World Bank has set out four pillars of the knowledge economy that all emphasize education as vital modernizing requirements for countries and since 2002 has conducted a series of annual forums on the knowledge economy. Education now plays multiple roles and becomes the primary driver for the economic system, linked to ICT as the medium, and innovation and creativity as the mainspring for productivity growth. The knowledge economy concept highlights human and social capital as the main resources for generational economic development, production and innovative capacity.

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About Professor Peters

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