Ad Nauseam Entrepreneurialism

John Torinus has an interesting article, UW System Needs New Kind of Leader, which raises pertinent issues and offers some reasonable options.

The only area I have strong disagreement with is his recommendation to "Emphasize entrepreneurship on each campus. Entrepreneurs re-invent economies, which Wisconsin will need in the rebound from our deepening recession. Some campuses are well down this path."

Entrepreneurship, entrepreneurialism, etc. has been pushed ad nauseam over the past few decades. This serious-sounding talking-point has little supporting evidence. This idea that everyone is a business mogul and everyone should be investing and/or starting a new business or venture, is a big reason this country is so ill-informed, ill-prepared, has crumbling infrastructure, and has seen the environment continually degraded.

The UWM Center for Economic Development performed an exhaustive study debunking the myth of the entrepreneurial university. The Hechinger Report echoed similar findings in Think universities are making lots of money from inventions? Think again. Derek Lowe found similar results for his article Innovation, at Universities and in Industry. Two others whom have studied the issue extensively, Matthew Wisnioski and Lee Vinsel, have noted identical results, most recently in The Campus Innovation Myth.

The "entrepreneurialism" drum is one that we should have stopped pounding long ago.