Entrepreneurship education: How socially focused should we be?

Even before the financial crisis, the business academia and mainstream media have called into question the relevance of a business education. The business community is facing declining trust, and employers and consumers alike are demanding a new breed of leaders and innovators. This paper presents empirical evidence that firstly, social dimensions are dominant themes in business education among high-performing universities and secondly, that this integration is statistically associated with gains in reputation and higher incomes for students after graduation. Leading universities are already accruing social and economic value by staying abreast of social innovation. These developments also have the opportunity to improve the outcomes for the broader university sector.