Business plan simulation as an experiential learning to enhance business plan understanding among engineering student

Guzairy, et al.

doi:10.21833/ijaas.2017.012.037

Cited by 2 publications

(3 citation statements)

References 31 publications

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“…For data collection, an online survey questionnaire was developed, featuring two sections to capture the study's variables or constructs and one section dedicated to gathering respondents' demographic information. The questionnaire items were adapted from prior research (Hanafiah et al, 2016;Guzairy et al, 2017). The constructs were assessed using statements with responses based on a five-point Likert-style rating scale, with options ranging from (1) "strongly disagree" to (5) "strongly agree".…”

Section: Methodsmentioning

confidence: 99%

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Effectiveness of simulation-based learning in Malaysian higher education: a case study of MonsoonSIM

Mohd Khalil,

Lee,

Kamaruzzaman

et al. 2024

AEDS

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PurposeHigher education institutions (HEIs) face the formidable responsibility of equipping students with the requisite knowledge and skills essential for a successful transition into the professional workforce. In contemporary education, simulation-based learning (SBL) has emerged as a pivotal tool employed by HEIs to facilitate and enhance the learning experience. MonsoonSIM stands out as a notable simulation-based experiential learning platform, encompassing a wide spectrum of business processes. This study aims to investigate the effectiveness of SBL in Malaysian HEI, with a specific focus on utilizing MonsoonSIM to bolster students' knowledge and skills.Design/methodology/approachTo gather empirical evidence, an online survey questionnaire was methodically distributed to 254 students enrolled in Malaysian HEIs, employing purposive sampling techniques. A total of 114 valid responses were collected and subjected to rigorous analysis using SmartPLS4, leveraging the partial least squares structural equation modeling methodology.FindingsThe outcomes of this investigation shed light on the positive influence of marketing management knowledge on the effectiveness of SBL. However, it was observed that problem-solving and critical thinking skills, financial management and production management knowledge did not exhibit a statistically significant impact on the effectiveness of SBL.Originality/valueThis study contributes to the existing body of knowledge by offering valuable insights into how students engage with and derive learning outcomes from simulation-based educational tools. The findings underscore the pivotal role of integrating SBL into the broader pedagogical framework to enhance the overall learning experience.

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Section: Methodsmentioning

confidence: 99%

“…The questionnaire items were adapted from prior research (Hanafiah et al. , 2016; Guzairy et al. , 2017).…”

Section: Methodsmentioning

confidence: 99%

Effectiveness of simulation-based learning in Malaysian higher education: a case study of MonsoonSIM

Mohd Khalil,

Lee,

Kamaruzzaman

et al. 2024

AEDS

View full text Add to dashboard Cite

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“…On a semi-systematic literature review, Mwasalwiba (2010) iden-tified two main groups in which most authors categorize teaching methods: "traditional methods" (or lecture-based passive methods), and "innovative methods" (also known as active methods). When it comes to entrepreneurship education, Arasti et al (2012) and Guzairy et al (2017) state that traditional methods are less effective in encouraging entrepreneurial attributes. On the other hand, active learning focuses the responsibility of learning on students, assisting them in learning new skills and reflecting on what they have learnt, being more suitable in the context of entrepreneurship education (Fernandes et al, 2017).…”

Section: Theoretical Backgroundmentioning

confidence: 99%

Reshaping engineering learning to promote innovative entrepreneurial behavior

Caten

Silva

Aguiar

et al. 2019

BJO&PM

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Goal: To foster innovative and creative thinking in the curricula of Engineering schools, as well as other technology-based courses, contributing to the innovation ecosystems' growth and sustainability. Design/Methodology/Approach: The research was structured as an exploratory research and was conducted by means of a focus group comprised of representatives from Porto Alegre (RS) working directly with higher education and/or playing key roles within the city's innovation ecosystem. The group's discussion was analyzed along with current literature on the topic. Results: The paper provides insightful perceptions of the obstacles faced by faculty members when attempting to develop innovative methodologies within classes so that potential partnerships are fostered by agents of the innovation ecosystem in order to better prepare professionals that will later be inserted in this new innovative scenario. Limitations of the investigation:The present study is structured as an exploratory research based on a focus group discussion and analysis. Thus, as any qualitative approach, it might lack generalizability, once its purpose is to investigate a specific phenomenon and promote further investigation on the issue. However, all discussion from the focus group was analyzed and supported by extant literature on the topic, in order to mitigate such limitation and strengthen the research relevance. Practical implications: The analysis and discussion obtained from both the focus group and literature are imperative on the need of critical changes on universities' organizational culture to support entrepreneurial activities, as well as fostering partnerships with key agents within innovation ecosystems to better prepare professionals to the new market setting. Originality/value: Although some studies investigate the relationship involving universities and Science and Technology Parks, few studies explore how engineering schools' curricula can benefit from such alliances. Additionally, the present study lists a few hurdles faced by professors during the development of active-based practices, as well as alternative possibilities to overcome resistance in traditional courses.

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Business plan simulation as an experiential learning to enhance business plan understanding among engineering student

Cited by 2 publications

References 31 publications

Effectiveness of simulation-based learning in Malaysian higher education: a case study of MonsoonSIM

Effectiveness of simulation-based learning in Malaysian higher education: a case study of MonsoonSIM

Reshaping engineering learning to promote innovative entrepreneurial behavior

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