Measuring the Number of Jobs Created through Entrepreneurship Training

The general understanding equates entrepreneurship to self employment of any sort although entrepreneurship is more recognised by the manifestations of innovative change. Entrepreneurship is receiving more attention in the 21st century because of its potential to contribute to economic development and creation of employment.
Entrepreneurship training is one of the key elements in the entrepreneurship development process. It creates a pillar of skills and knowledge on which entrepreneurship is built but not all entrepreneurship training programmes end with jobs been created in the economy. It has been challenging to pin down entrepreneurship training to the number of jobs created and thereby justify investment in entrepreneurship training programmes. Further, there is lack of research on approaches and methods for measuring jobs created by entrepreneurship development organisations and programmes.
An analysis of entrepreneurship education and programmes was conducted and the results show that focusing entrepreneurship training on new venture creation and creation of linkages and value chains has more potential of creating jobs in the economy. As such an approach to measuring the number of jobs created through entrepreneurship training is provided. The approach would further help organisations forecast and evaluate the effectiveness of entrepreneurship training programmes.