In 2018, Johannes Linder from The University College of Teacher Education in Vienna authored a research paper titled “Entrepreneurship Education for a Sustainable Future.” In the paper, Linder highlighted that future entrepreneurs are in school today, and today’s learning shapes the nature of their value-oriented education and willingness to participate.
According to Linder, our society requires people with entrepreneurial skills because by putting fresh ideas into practice, entrepreneurs keep our economy and society dynamic. Instead of starting at the beginning of our professional careers, the development of our entrepreneurship competencies begins throughout earlier stages of our socialisation. Therefore, strengthening entrepreneurs with a value orientation for a sustainable society is a core objective of teaching the Junior MBA to students in K-12 schools.
The Junior MBA programme is based on the TRIO model for Entrepreneurship Education. The TRIO Model was developed in 2005 during the scientifically monitored pilot project at Schumpeter College in Vienna after the European Commission specified the sense of initiative and entrepreneurship as one set of eight critical competencies for life-long learning that every EU citizen should acquire.
As seen in the below diagram, the TRIO Model of Entrepreneurship is based on developing three competencies:
