In this paper we present a web-based software model in which the user manages a virtual enterprise. By using the software the user experiences a number of basic economic principles such as the leverage effect, the effect of depreciation on the firm return rate and the key role of the equity base in a framework characterized by risk and uncertainty. The model has been used in an undergraduate class at the Faculty of Management Sciences at the University of Chieti - Pescara. Students have acknowledged the usefulness of this tool in order to assess the theoretical principles learned during the lectures. We then asked a different subject pool, i.e. entrepreneurs, to manage the same GUI. A comparative analysis of the results obtained in the different sessions showed that our software is a good and effective tool for learning purposes.
Learning to Be an Entrepreneur: Evidence from a Technology Enhanced Learning Tool
GIULIONI, Gianfranco;BUCCIARELLI, EDGARDO;SILVESTRI, MARCELLO;D'ORAZIO, PAOLA
2013-01-01
Abstract
In this paper we present a web-based software model in which the user manages a virtual enterprise. By using the software the user experiences a number of basic economic principles such as the leverage effect, the effect of depreciation on the firm return rate and the key role of the equity base in a framework characterized by risk and uncertainty. The model has been used in an undergraduate class at the Faculty of Management Sciences at the University of Chieti - Pescara. Students have acknowledged the usefulness of this tool in order to assess the theoretical principles learned during the lectures. We then asked a different subject pool, i.e. entrepreneurs, to manage the same GUI. A comparative analysis of the results obtained in the different sessions showed that our software is a good and effective tool for learning purposes.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
