Original Research

Experiential learning and critical reflection as a tool for transfer of business knowledge: an empirical case study of a start-up simulation intervention for nascent entrepreneurs

Ingrid Le Roux, Barnard Steyn
South African Journal of Economic and Management Sciences | Vol 10, No 3 | a694 | DOI: https://doi.org/10.4102/sajems.v10i3.694 | © 2013 Ingrid Le Roux, Barnard Steyn | This work is licensed under CC Attribution 4.0
Submitted: 11 July 2013 | Published: 11 July 2013

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Ingrid Le Roux, University of Pretoria, South Africa
Barnard Steyn, University of Pretoria

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This paper investigates the impact of venture start-up simulation on participants’ learning; it is concerned specifically with the relationship between experiential learning theory and critical reflection within venture start-up simulation. This was carried out in empirical investigation of a simulation training game used to train entrepreneurs in a formal setting. The findings show significant improvement in their knowledge of finance, marketing operations and information use. Participants reported increased skills and intended behavioural changes in their own ventures. Finally, there was empirical support for the fact that critical reflection during experiential learning can greatly improve the standard of learning and has an immediate effect on  participants’ behaviour.


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