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and exchange ideas; they are encouraged to make self-discovery and exposed to informal and
flexible learning atmosphere; they learn from mistakes and by solving problems. Innovative
teaching methods are oriented towards the creative aspects of entrepreneurship. They aim at
fostering the entrepreneurial spirit and the flair for business. Examples for such methods are role
play, business plan development, virtual classroom, simulation of business games, individual and
team project, competition, setting of real small business ventures, game simulation, video and
filming, workshop, group discussion, case study, meetings with entrepreneurs, field trips or study
visits, etc.

Business plan development

Business plan development is seen as the most popular and most important learning activity in
entrepreneurship education programmes. A business plan may be defined as a written formal
document that describes the current state and the desired future of an organization. It is the first
prepаratory step for a new business venture. A balanced and well-structured business plan is one
of the core communication tools for an entrepreneur that presents the idea to the world. Therefore,
a key feature of the business plan is to be persuasive. A good business plan is concise and
comprehensive; it covers all the aspects of new venture creation - from exploiting the opportunity
to garnering all sorts of resources and structuring the management team. Business plans can be
elaborated only when entrepreneurs are sure that they have a clear vision about the product/service,
its added value and competitive advantages.

Teamwork and project-based learning

Teamwork assignments are instruments for collective learning. However, the facilitator should
provide learning materials in advance in order for the exercise to be effective. This method creates
a group dynamic which is based on mutual learning and constructive exchange of
ideas/comments/experience.

In addition to this, case studies and project-based learning stimulates learners to work on real-life
problems. This interactive method encourages students to contextualize problems, to identify all
variables and to generate ideas for solutions. The method is designed to bridge the gap between
theory and practice, to ensure active learning and to enhance the acquisition of core soft skills
(communications, time management, problem-solving skills) and the understanding of practical
issues. The main challenge related to this type of learning method is related to additional workload
and discussions, withdrawal of students from participation (because of fear or other individual
specifics), low level of involvement. In order to be effective, group exercises have to be inclusive.

Personal storytelling

Project 2019-1-BG01-KA204_062299
The content of this material does not necessary reflect the official position of the European Union.