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RESOLUTION TO APPROVE A  BBA/MAJOR IN ENTREPRENEURSHIP

Approved by the Mānoa Faculty Senate on November 19, 2008
unanimous

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RESOLUTION TO APPROVE A  BBA/MAJOR IN ENTREPRENEURSHIP

WHEREAS, one of the underlying objectives of the “University of Hawai‘i System’s Second Decade Project” is to balance our educational mission and economic development in Hawai‘i; and


WHEREAS, the entrepreneurship major will enhance the education capital of the state by providing students an undergraduate degree designed to produce future entrepreneurs, and


WHEREAS, the entrepreneurship major will enhance economic capital in the state by providing students with the skills and knowledge needed to found their own business, help other state residents to start a successful business, and/or facilitate the business planning process of others starting a business in Hawai‘i; and


WHEREAS, the entrepreneurship major will expand workforce development initiatives by graduating students with the capabilities needed to identify business opportunities, evaluate their financial feasibility, outline service delivery or production schedules, formulate marketing strategies needed to successfully introduce new products or to build new firms around new products or services, and


WHEREAS, the entrepreneurship major will have a positive impact, both direct and indirect, on underserved regions and populations, particularly Native Hawaiian because it attracts students from all over the state and will thereby help diffuse a population of entrepreneurs to return to underserved areas and develop viable business, and


WHEREAS, business education generally plays an important role in supporting firms that will diversify the economy of Hawai'i and the entrepreneurship major will increase the population of well trained individuals likely to start their own business, and


WHEREAS, undergraduate entrepreneurship courses at the Shidler College of Business have very high levels of enrollment and demand often exceeds class limits or the seating capacity of assigned rooms, and


WHEREAS, the entrepreneurship major will not result in an increase in the number of entrepreneurship related courses offered at the Shidler College of Business and will not require any additional faculty resources, be


RESOLVED, the Mānoa Faculty Senate approves the BBA in Entrepreneurship.