Entrepreneurship Can’t Be Taught in a College Classroom

Source: Ludwig von Mises Institute
by Douglas French

Fox Business reported in 2016 that more than 2,000 colleges and universities in the US offer a course in entrepreneurship. And why not? Fifty-four percent of Millennials want to start a business. Twenty years ago, fewer than 50 universities offered degrees in entrepreneurship. In 2023, there are 150 entrepreneurship programs, including most of the top business schools in the country. … A college degree is certification that the student has learned what was and is. Success at university is not formulating opinions about the future but to learn and memorize the opinions of professors, who learned from their professors, who learned from their professors, and so on. Frank Knight distinguished entrepreneurs from other businesspeople by their willingness to act in the face of uncertainty.” (06/21/25)

https://mises.org/mises-wire/entrepreneurship-cant-be-taught-college-classroom