Schumpeter Entrepreneurship at Yangpyeong Electronics and Science High School

Schumpeter Entrepreneurship Program

A hands-on entrepreneurship program for high school students that uses the Schumpeter board game to explore entrepreneurship and creative destruction,

and guides students in turning everyday problems into startup ideas

Program Results

• [ 2 ] classes, [ 24 ] students in total.
• ★★★★★ 4.6 points

"I had no idea how to even start a business, but now I have the courage to think it through. It was a great opportunity to learn like this. Thank you for making class so fun for our very noisy group!"

"I was satisfied that I got to experience what it takes to start a business."

Program Content

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,

ultimately 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

Problem Discovery and Idea Generation

• 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 organizing 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