Schumpeter Entrepreneurship at Yongin Sanghyeon Middle School

Schumpeter Entrepreneurship Program

A hands-on entrepreneurship program in which students use the Schumpeter board game to understand entrepreneurship and the concept of creative destruction,

then turn everyday problems around them into startup ideas

Program Outcomes

• [ 253 ] students from [ 9 ] classes took part.
• ★★★★★ 4.5 points

"This class taught me that if I try anything and don't get discouraged or give up even when it doesn't work out, I can find a path to success, and that I can come up with a business of my own through ideas."

"This class helped me learn about entrepreneurship and startups in depth. Coming up with my own startup idea also made me feel like a real founder."

Program Activities

Students learn about entrepreneurship through Schumpeter's concept of creative destruction

and experience industry change and startup opportunities through board game activities. They then develop their ideas further,

all the way to writing and presenting a final business plan.

Understanding Entrepreneurship

• Understanding Schumpeter's concept of creative destruction
• Experiencing how industries change and new opportunities emerge
• Learning the basic structure of a startup through a board game

Finding Problems and Generating Ideas

• Exploring inconveniences at school, in daily life and in the local community
• Defining problems to solve from the customer's perspective
• Generating and refining startup ideas

Planning with Generative AI

• Expanding startup ideas and shaping service concepts
• Brainstorming names, logos and promotional copy
• Reviewing drafts for brand direction and the business plan

Deliverables

• Final business plan
• Names and logos created with generative AI
• Presentations and mock investment to build creative thinking and presentation confidence