Assessment Strategies in the Entrepreneurship Discipline: A Critical Review

Abstract

Entrepreneurship is essential for any nation hoping to compete in the knowledge-based global market, as it is often seen as a strategy for fostering economic growth, creativity, and invention. Because of this perspective, there is increasing interest in creating educational initiatives that support and foster entrepreneurship. In this article, the contemporary literature on assessment in the context of entrepreneurship education, aiming to analyse the alignment of assessment strategies with theoretical frameworks and the specific content and context of the entrepreneurship discipline was critically engaged. In collecting data for this study, a variety of sources were explored using a method called snowballing. The findings indicate that assessment is crucial in the educational process for entrepreneurship students. The standards that will be utilised for assessment must first be determined in order for an assessment process to be effective. Students of entrepreneurship should be assessed based on self-assessment and peer-assessment. Assessment in the context of social-cultural theory provide and encourage knowledge-based entrepreneurship while preparing students for careers as entrepreneurs after their studies. With behaviourist approach, students are to be rewarded for excellent performance. This study concludes that entrepreneurship will grow more if proper assessment for learning is adopted.