Enterprise Education and the Adoption of New Technologies Within Small Firms

Enterprise education has been regularly cited as a tool which can be utilised to not only increase the level of entrepreneurship within an economy, but also the success of those enterprises created. This chapter explores the extent to which participation in enterprise education is associated with the adoption of new technology within new businesses since this is one way that businesses can remain competitive, not only within their own countries, but when competing internationally. Using data from the UK Global Entrepreneurship Monitor (GEM) survey, the study finds evidence that those firms undertaking enterprise education in the form of university-based schemes or government sponsored training programmes are more likely to be using newer technology. However, this relationship is relatively weak, and brings into question whether many enterprise courses offer effective value for money.