Early in the 20th century, prior to the understanding that businesses were best managed when certain principles were followed, the attitude of educators and practitioners alike was that “faire voir” training was the best; that understanding took place only by doing. In due course, beginning in the 1920s with Pennsylvania University, which established America’s first “B” School of Business, it is now the case that virtually all universities and colleges have a management or business school. The emphasis, of course, has changed since then. The early objective of the Wharton School was to train the young scions of society’ s rich and affluent class how to take over and manage the family business. Today the motivations are likely more complex and individual, and may include the desire to gain meaningful employment or start one ‘ s own business. Harvard Business School is also well know for its history in business teaching and, more recently, entrepreneurial education. Actually the HBS Center for the study of Entrepreneurship, founded in the 1940s, is responsible for the dissemination of Joseph A. Schumpeter ‘ s concepts of entrepreneurial economics. Unfortunately, this study of entrepreneurship in 1981. During the same time that HBS was reinventing its small business studies, York University in Toronto was developing its own approach to entrepreneurial education. It has since become “one of the largest comprehensive entrepreneurship teaching programmes in the world.’ WITH EIGHT COURSES BEING taught to 400 MBA students during the 1987-88 academic year.