From Loops to Leaps: Accelerating Experiential Learning in Venture Creation Programs

Abstract

This paper theorizes conditions accelerating experiential learning within venture creation programs (VCPs). Traditionally, experiential learning theory views learning as a slow and self-directed process. In contrast, VCPs offer time-compressed, enterprise-oriented training structured around predetermined plans and schedules. Our theorizing shifts the primary focus from cyclical movements (“loops”) to the speed and magnitude (“leaps”) of experiential learning. We propose a conceptual framework that identifies catalysts situating VCP students in a favorable position to make significant and rapid progress toward intended learning outcomes. Additionally, we exemplify and discuss how teaching exercises can enable educators to arrange and coordinate activities to exert force and direction in the learning process. By doing so, we explicate the theoretical mechanisms that accelerate experiential learning within VCPs, providing actionable insights for enhancing best practices in entrepreneurship education and pedagogy.