Doing good better: Applying principles of adult learning and entrepreneurship education to business development services
LE3 .A278 2012
Bachelor of Business Administration
Since the beginning of the microfinance (MF) movement in the late 1960s, many microfinance institutions (MFIs) have experimented with the delivery of business development services (BDS) as both a way to improve repayment rates and leverage developmental impacts. While the majority of the research on the effectiveness of BDS has been inconclusive, the literature review has suggested that no studies have yet addressed the applicability of adult learning and entrepreneurship education principles to the design and delivery of BDS programs. The following study addresses this gap by applying a lens, which combines the principles of adult learning and entrepreneurship education, onto three prominent international development organizations that deliver BDS programs. Designed as a multiple-case study and using the methods of content analysis and semi-structured interviews, the research offers an in-depth qualitative exploration of the three organizations and their BDS programs. The findings suggest that all three BDS programs mostly succeed at integrating the principles of adult learning into their program design and delivery. However, some improvements may be advantageous with respect to integrating the principles of entrepreneurship education. Based on the analysis of the findings, the study develops and presents a framework of best practices for incorporating the principles of adult learning and entrepreneurship education into BDS programming, so as to leverage the entrepreneurial potential of BDS clients in developing nations.
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