The FOURTH "R" Real Learning Via Problem-based Entrepreneurship Presented by: Dr. Cathy Ashmore, Consortium for Entrepreneurship Education Ronni Cohen, Director, Delaware Financial Literacy Institute Horace Robertson, Consortium for Entrepreneurship Education Chip Lowe, Consortium Tech Coordinator, Buchholz High School The FOURTH "R" Real Learning Via Problem-based Entrepreneurship Entrepreneurship literacy is an essential component currently missing in 21st Century Skills. Because of tight schedules and lack of teacher expertise we are creating an entrepreneurship problem-based strategy to weave into core curriculum. Based on entrepreneur-created scenarios and questions for students to explore, activities require student engagement with the Internet and the community. The Consortium's 403 performance indicators serve as a basis for design and evaluation of K-16 and adult problem-solving experiences. Problem-based learning is not necessarily a "project", and Project-based Learning does not require addressing a "problem". Problem-based learning requires creativity, critical thinking, analyzing and interpreting, external contacts, community connections, questioning, and finding a solution ... all that prepare them for life. "D.I.Y." Problem Creation •ON YOUR MARK (COMPETENCIES) •GET READY •GET SET •GO! •FINISH LINE ! •Assessment Ideas ENTREPRENEURSHIP EVERYWHERE Check out the NEW LOOK for the National Content Standards for Entrepreneurship Education . Now you can easily select the performance indicators related to where your program stands in the lifelong learning process! Check out the Choices - 5 Stage Model 1.Overview 2.Levels 1 & 2 3.Level 3 4.Levels 4 & 5 5.Total Lifelong Model LIFELONG ENTREPRENEURSHIP EDUCATION MODEL Developed by The Consortium for Entrepreneurship Education Columbus, OH BASICS STANDARDS/Performance Indicators Entrepreneurial Skills The Processes and Traits/Behaviors associated with entrepreneurial success. Entrepreneurial Processes A Understands concepts and processes associated with successful entrepreneurial performance ** Discovery A.01 Explain the need for entrepreneurial discovery A.02 Discuss entrepreneurial discovery processes A.03 Assess global trends and opportunities A.04 Determine opportunities for venture creation A.05 Assess opportunities for venture creation A.06 Describe idea-generation methods A.07 Generate venture ideas A.08 Determine feasibility of ideas ** Concept Development A.09 Describe entrepreneurial planning considerations A.10 Explain tools used by entrepreneurs for venture planning A.11 Assess start-up requirements A.12 Assess risks associated with venture A.13 Describe external resources useful to entrepreneurs during concept development A.14 Assess the need to use external resources for concept development A.15 Describe strategies to protect intellectual property A.16 Use components of a business plan to define venture idea ** Resourcing A.17 Distinguish between debt and equity financing for venture creation COMPETENCY AWARENESS CREATIVE APPLICATIONS STARTUP GROWTH Student Name: __________________________________________________________ Problem-Solving Rubric If__ the Learning Manager desires to specify and assign percentages to the various assessment categories they can weight each of the chosen areas for which they want to assign the most focus of the problem solving activity. The National Content Standards for Entrepreneurship Education provide the source for selection of performance indicators. Assessment 3-Proficient / Score Categories 4-Advanced On Target Competencies Evidence Most of the / indicates that performance Performance performance indicators are Indicators indicators are all addressed in addressed addressed in solution appropriately solution provided provided 2-Developing/ Getting There A good portion of the performance indicators were addressed in solution provided 1- Incomplete/ Needs More Few performance indicators were addressed in solution provided Encourage students to THINK! Problem Based Learning & Entrepreneurship Education Creativity …. Critical Thinking … Real World Problems … Student Solutions … No one Correct Answer … Based on Entrepreneurship Standards … Teachers as Managers … Rubrics and Portfolios for Assessment … Combine with all disciplines … Problems available at all education levels …