Assessing experiential entrepreneurship education: Key insights from five methods in use at a Venture Creation Program

Book chapter, 2018

Experiential education continues to be challenged around student assessment. This chapter brings insights from the field of entrepreneurship education to experiential education assessment.  Contributions from assessment practice in action-based entrepreneurship education are presented in regards to five established assessment methods in experiential education: performance assessment, reflective assessment, peer/self-assessment, e-assessment and constructive alignment. The chapter analyses how these methods are applied in a venture creation program (VCP), where the key learning vessel is creation of a real-life venture. In VCPs, students experience an emotional roller-coaster, impacting learning well beyond cognitive development. Assessment related insights from the VCP are generalized into experiential education. Contributions include a new model for emotional activity based performance assessment, emphasis on constructive alignment and recommendations for IT based reflective and peer assessment.