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Measuring the Effectiveness of Learning Economic Principles in a Sustainable Entrepreneurship Game-Based Setting: A Bootstrapping Approach | IEEE Journals & Magazine | IEEE Xplore

Measuring the Effectiveness of Learning Economic Principles in a Sustainable Entrepreneurship Game-Based Setting: A Bootstrapping Approach


Abstract:

The growing demand for sustainable products and services has led to the emergence of a range of entrepreneurial opportunities for innovative business solutions. These new...Show More

Abstract:

The growing demand for sustainable products and services has led to the emergence of a range of entrepreneurial opportunities for innovative business solutions. These new opportunities require novel entrepreneurial skills to design, grow, and maintain sustainable businesses. However, existing educational games do not address the specific skills needed for sustainable entrepreneurship. This work introduces an interactive business game that enables learning in an engaging and practical way to prepare learners to become the entrepreneurs of tomorrow. Our business game is intended to increase learners’ self-assessed skills and self-confidence by at least one point on the five-point Likert scale. The game is embedded into a didactic framework accompanied by a lecture and discussion part where learners manage their bike rental business and self-reflect on their decisions. The game scenario allows the players to guide their business through three growth stages: survival, growth, and expansion. In this study, 151 high school students participated in the evaluation across all stages. They assessed their knowledge in a pretest and a posttest and judged the developed game on its ease of use. The learners’ sustainable entrepreneurship knowledge and skills improved significantly. This study thus confirms the mixed approach as a viable teaching tool for this area of expertise. Furthermore, a holistic didactic framework with an introduction to the game and subsequent debriefing contributes to the success of the business game too. A sign test and bootstrapping with confidence intervals constituted a simple means of statistically quantifying the learners’ improvement.
Published in: IEEE Transactions on Learning Technologies ( Volume: 18)
Page(s): 1 - 12
Date of Publication: 05 November 2024

ISSN Information:

Author image of Clemens Drieschner
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Clemens Drieschner received the M.Sc. degree in information systems from the Technical University of Dresden, Dresden, Germany, in 2016. He is currently working toward the doctoral degree in game-based learning with the Chair for Information Systems and Business Process Management, Technische Universität München, Munich, Germany.
He is a member of the program committee for the special session Games in Engineering Education...Show More
Clemens Drieschner received the M.Sc. degree in information systems from the Technical University of Dresden, Dresden, Germany, in 2016. He is currently working toward the doctoral degree in game-based learning with the Chair for Information Systems and Business Process Management, Technische Universität München, Munich, Germany.
He is a member of the program committee for the special session Games in Engineering Education...View more
Author image of Ferdinand Xiong
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Ferdinand Xiong received the B.Sc. degree in informatics from Technische Universität München (TUM), Munich, Germany in 2020, where he is currently working toward the M.Sc. degree in informatics.
Since 2019, he has been working as a Research Assistant at the Chair for Information Systems and Business Process Management, TUM, where he focuses on research about technology-meditated learning in the field of economics, which is...Show More
Ferdinand Xiong received the B.Sc. degree in informatics from Technische Universität München (TUM), Munich, Germany in 2020, where he is currently working toward the M.Sc. degree in informatics.
Since 2019, he has been working as a Research Assistant at the Chair for Information Systems and Business Process Management, TUM, where he focuses on research about technology-meditated learning in the field of economics, which is...View more
Author image of Florian Bajraktari
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Florian Bajraktari received the B.Sc. degree in information systems from Technische Universität München, Munich, Germany in 2021, where he is currently working toward the M.Sc. degree in information systems.
His studies focus on technology-mediated learning in the field of environmental entrepreneurship and digital transformation, where he has worked on multiple serious games and business simulations.
Florian Bajraktari received the B.Sc. degree in information systems from Technische Universität München, Munich, Germany in 2021, where he is currently working toward the M.Sc. degree in information systems.
His studies focus on technology-mediated learning in the field of environmental entrepreneurship and digital transformation, where he has worked on multiple serious games and business simulations.View more
Author image of Matthias C. Utesch
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Matthias C. Utesch received the graduation degree in electrical engineering and information technology, and the Dr.Ing. degree in electrical engineering and information technology from the Technical University of Munich, Munich, Germany, in 1988 and 1993, respectively.
He teaches at the upper vocational school Staatliche Fachoberschule München-West and the Technische Universität München (TUM), Munich. He is a member of the...Show More
Matthias C. Utesch received the graduation degree in electrical engineering and information technology, and the Dr.Ing. degree in electrical engineering and information technology from the Technical University of Munich, Munich, Germany, in 1988 and 1993, respectively.
He teaches at the upper vocational school Staatliche Fachoberschule München-West and the Technische Universität München (TUM), Munich. He is a member of the...View more
Author image of Jörg Weking
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Jörg Weking received the Ph.D. degree in information systems from Technische Universität München (TUM), Munich, Germany, 2021.
He studied information systems at the University of Münster, Münster, Germany; Turku School of Economics, Turku, Finland; and the Queensland University of Technology, Brisbane, QLD, Australia. He was a PostDoc and a Research Group Leader at the Krcmar Lab, TUM. His work has been published in the Jo...Show More
Jörg Weking received the Ph.D. degree in information systems from Technische Universität München (TUM), Munich, Germany, 2021.
He studied information systems at the University of Münster, Münster, Germany; Turku School of Economics, Turku, Finland; and the Queensland University of Technology, Brisbane, QLD, Australia. He was a PostDoc and a Research Group Leader at the Krcmar Lab, TUM. His work has been published in the Jo...View more
Author image of Helmut Krcmar
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Helmut Krcmar received the master's degree in business administration, information systems, and taxation, and the Dr.rer.oec. degree in business administration from the Universität des Saarlandes, Saarbrücken, Germany, in 1978 and 1984, respectively, and the Honorary doctorate (Dr.oec.h.c.) degree from the University of St. Gallen, Gallen, Switzerland, in 2024.
From 1987 to 2002, he was the Chair of Information Systems at ...Show More
Helmut Krcmar received the master's degree in business administration, information systems, and taxation, and the Dr.rer.oec. degree in business administration from the Universität des Saarlandes, Saarbrücken, Germany, in 1978 and 1984, respectively, and the Honorary doctorate (Dr.oec.h.c.) degree from the University of St. Gallen, Gallen, Switzerland, in 2024.
From 1987 to 2002, he was the Chair of Information Systems at ...View more

Author image of Clemens Drieschner
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Clemens Drieschner received the M.Sc. degree in information systems from the Technical University of Dresden, Dresden, Germany, in 2016. He is currently working toward the doctoral degree in game-based learning with the Chair for Information Systems and Business Process Management, Technische Universität München, Munich, Germany.
He is a member of the program committee for the special session Games in Engineering Education with the IEEE EDUCON and ICL conferences. His work has appeared in refereed proceedings, such as IEEE EDUCON, ECIS, PACIS, and HICSS. His research interests include game-based learning, innovative teaching methods in education, business process management, and process mining.
Clemens Drieschner received the M.Sc. degree in information systems from the Technical University of Dresden, Dresden, Germany, in 2016. He is currently working toward the doctoral degree in game-based learning with the Chair for Information Systems and Business Process Management, Technische Universität München, Munich, Germany.
He is a member of the program committee for the special session Games in Engineering Education with the IEEE EDUCON and ICL conferences. His work has appeared in refereed proceedings, such as IEEE EDUCON, ECIS, PACIS, and HICSS. His research interests include game-based learning, innovative teaching methods in education, business process management, and process mining.View more
Author image of Ferdinand Xiong
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Ferdinand Xiong received the B.Sc. degree in informatics from Technische Universität München (TUM), Munich, Germany in 2020, where he is currently working toward the M.Sc. degree in informatics.
Since 2019, he has been working as a Research Assistant at the Chair for Information Systems and Business Process Management, TUM, where he focuses on research about technology-meditated learning in the field of economics, which is also his main study focus. His projects include in-class teaching sessions and gamification elements to increase teaching efficiency and interactivity with the students.
Ferdinand Xiong received the B.Sc. degree in informatics from Technische Universität München (TUM), Munich, Germany in 2020, where he is currently working toward the M.Sc. degree in informatics.
Since 2019, he has been working as a Research Assistant at the Chair for Information Systems and Business Process Management, TUM, where he focuses on research about technology-meditated learning in the field of economics, which is also his main study focus. His projects include in-class teaching sessions and gamification elements to increase teaching efficiency and interactivity with the students.View more
Author image of Florian Bajraktari
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Florian Bajraktari received the B.Sc. degree in information systems from Technische Universität München, Munich, Germany in 2021, where he is currently working toward the M.Sc. degree in information systems.
His studies focus on technology-mediated learning in the field of environmental entrepreneurship and digital transformation, where he has worked on multiple serious games and business simulations.
Florian Bajraktari received the B.Sc. degree in information systems from Technische Universität München, Munich, Germany in 2021, where he is currently working toward the M.Sc. degree in information systems.
His studies focus on technology-mediated learning in the field of environmental entrepreneurship and digital transformation, where he has worked on multiple serious games and business simulations.View more
Author image of Matthias C. Utesch
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Matthias C. Utesch received the graduation degree in electrical engineering and information technology, and the Dr.Ing. degree in electrical engineering and information technology from the Technical University of Munich, Munich, Germany, in 1988 and 1993, respectively.
He teaches at the upper vocational school Staatliche Fachoberschule München-West and the Technische Universität München (TUM), Munich. He is a member of the Executive Committee of IGIP and the Editor-in-Chief of the iJEP journal. His main interests include IT-based learning, games engineering, and in particular the enhancement of study skills at the interface between school and university.
Matthias C. Utesch received the graduation degree in electrical engineering and information technology, and the Dr.Ing. degree in electrical engineering and information technology from the Technical University of Munich, Munich, Germany, in 1988 and 1993, respectively.
He teaches at the upper vocational school Staatliche Fachoberschule München-West and the Technische Universität München (TUM), Munich. He is a member of the Executive Committee of IGIP and the Editor-in-Chief of the iJEP journal. His main interests include IT-based learning, games engineering, and in particular the enhancement of study skills at the interface between school and university.View more
Author image of Jörg Weking
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Jörg Weking received the Ph.D. degree in information systems from Technische Universität München (TUM), Munich, Germany, 2021.
He studied information systems at the University of Münster, Münster, Germany; Turku School of Economics, Turku, Finland; and the Queensland University of Technology, Brisbane, QLD, Australia. He was a PostDoc and a Research Group Leader at the Krcmar Lab, TUM. His work has been published in the Journal of Strategic Information Systems, European Journal of Information Systems, Business and Information Systems Engineering, Electronic Markets, Information Systems Frontiers, International Journal of Production Economics, Communications of the AIS, and in refereed conference proceedings, such as the International Conference on Information Systems and the Academy of Management Best Paper Proceedings. His research interests include digital business models and digital platform ecosystems.
Jörg Weking received the Ph.D. degree in information systems from Technische Universität München (TUM), Munich, Germany, 2021.
He studied information systems at the University of Münster, Münster, Germany; Turku School of Economics, Turku, Finland; and the Queensland University of Technology, Brisbane, QLD, Australia. He was a PostDoc and a Research Group Leader at the Krcmar Lab, TUM. His work has been published in the Journal of Strategic Information Systems, European Journal of Information Systems, Business and Information Systems Engineering, Electronic Markets, Information Systems Frontiers, International Journal of Production Economics, Communications of the AIS, and in refereed conference proceedings, such as the International Conference on Information Systems and the Academy of Management Best Paper Proceedings. His research interests include digital business models and digital platform ecosystems.View more
Author image of Helmut Krcmar
Chair of Information Systems and Business Process Management, School of Computation, Information and Technology, Technische Universität München, Munich, Germany
Helmut Krcmar received the master's degree in business administration, information systems, and taxation, and the Dr.rer.oec. degree in business administration from the Universität des Saarlandes, Saarbrücken, Germany, in 1978 and 1984, respectively, and the Honorary doctorate (Dr.oec.h.c.) degree from the University of St. Gallen, Gallen, Switzerland, in 2024.
From 1987 to 2002, he was the Chair of Information Systems at the Universität Hohenheim, Stuttgart, where he was the Dean of the Faculty of Business, Economics, and Social Sciences. From 2002 to 2020, he was the Chair of Information Systems at the Department of Informatics, Technische Universität München (TUM), Munich, Germany, where he was the Dean from 2010 to 2013. He is a Professor Emeritus with the School of Computation, Information and Technologies, TUM. He has a joint appointment with the School of Management, where he is the Founding Dean and Delegate Officer of the President–TUM Campus Heilbronn. He has been a Postdoctoral Fellow with the IBM Los Angeles Scientific Center and an Assistant Professor of Information Systems with the Leonard Stern School of Business, New York University, and Baruch College, City University of New York. His interdisciplinary work incorporates areas, such as accounting, mechanical engineering, and health care. He has coauthored research papers published in major information systems journals, including Management Information Systems Quarterly, Journal of Management Information Systems, Journal of Information Technology, Information Systems Journal, Journal of Strategic Information Systems, European Journal of Information Systems, IEEE Transactions on Engineering Management, Business and Information Systems Engineering, Communications of the ACM, Information and Management, Management Information Systems Quarterly Executive, Information Systems Frontiers, EM, ACM Transactions on Computer-Human Interaction, and Communications of the AIS. His book Information Management is now in its 6th edition in Germany (2015). He collaborates in research with a wide range of leading global organizations. His research interests include information and knowledge management, engineering, piloting, management of innovative IT-based services, and computer support for collaboration in distributed and mobile work and learning processes.
Dr. Krcmar is a Fellow of the Association for Information Systems and a Member of the Acatech National Academy of Science and Engineering.
Helmut Krcmar received the master's degree in business administration, information systems, and taxation, and the Dr.rer.oec. degree in business administration from the Universität des Saarlandes, Saarbrücken, Germany, in 1978 and 1984, respectively, and the Honorary doctorate (Dr.oec.h.c.) degree from the University of St. Gallen, Gallen, Switzerland, in 2024.
From 1987 to 2002, he was the Chair of Information Systems at the Universität Hohenheim, Stuttgart, where he was the Dean of the Faculty of Business, Economics, and Social Sciences. From 2002 to 2020, he was the Chair of Information Systems at the Department of Informatics, Technische Universität München (TUM), Munich, Germany, where he was the Dean from 2010 to 2013. He is a Professor Emeritus with the School of Computation, Information and Technologies, TUM. He has a joint appointment with the School of Management, where he is the Founding Dean and Delegate Officer of the President–TUM Campus Heilbronn. He has been a Postdoctoral Fellow with the IBM Los Angeles Scientific Center and an Assistant Professor of Information Systems with the Leonard Stern School of Business, New York University, and Baruch College, City University of New York. His interdisciplinary work incorporates areas, such as accounting, mechanical engineering, and health care. He has coauthored research papers published in major information systems journals, including Management Information Systems Quarterly, Journal of Management Information Systems, Journal of Information Technology, Information Systems Journal, Journal of Strategic Information Systems, European Journal of Information Systems, IEEE Transactions on Engineering Management, Business and Information Systems Engineering, Communications of the ACM, Information and Management, Management Information Systems Quarterly Executive, Information Systems Frontiers, EM, ACM Transactions on Computer-Human Interaction, and Communications of the AIS. His book Information Management is now in its 6th edition in Germany (2015). He collaborates in research with a wide range of leading global organizations. His research interests include information and knowledge management, engineering, piloting, management of innovative IT-based services, and computer support for collaboration in distributed and mobile work and learning processes.
Dr. Krcmar is a Fellow of the Association for Information Systems and a Member of the Acatech National Academy of Science and Engineering.View more

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