Business Education and Microenterprise Revisited: Productivity, Entrepreneurship, and Job Creation

Abstract

This article begins with a review of “Business Education and Microenterprise: A Millennial Marriage,” presented in JBIB in 1999. It provides an update on the microenterprise arena, where a more critical evaluation of small loan programs has generated significant controversy and criticism. However, the author proposes that the growing recognition in the industry of the need for promotion of productivity, entrepreneurship, and job creation is precisely why business student involvement is important. Students can help organizations do more than simply disburse and collect microloans by applying what they have learned in their business classes to become change agents in microfinance programs and also for “business as mission” projects.