"It's a betting game, " says Jeffrey Carr, executive director of the Berkley Center for Entrepreneurial Studies at New York University.

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Brown graduated from Babson College, Massachusetts with a degree in entrepreneurial studies.

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Does the school offer a specific four-year degree in entrepreneurship or entrepreneurial studies, or a concentration in entrepreneurship within the framework of an undergraduate business degree?

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At number one in the graduate school list is the Lloyd Greif Center for Entrepreneurial Studies at the University of Southern California's Marshall School of Business.

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The Center for Entrepreneurial Studies has excellent resources for those considering a search fund, with annual reports on search fund performance and detailed documents to help you get started.

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GenYers are also majoring in entrepreneurial studies and Chinese at nearly twice the typical rate, picking up the knowledge they need to thrive in an increasingly fluid, global economy.

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As a result, the number of small businesses shuttered also must have risen last year, says Scott Shane, a professor of entrepreneurial studies and economics at Case Western Reserve University's Weatherhead School of Management.

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In a prior piece for FORBES, I indicated that using the two-stage KeyStone Compact developed at the Zell Lurie Institute for Entrepreneurial Studies, Facebook and similar social networking companies are squarely positioned in the high-growth quadrant.

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One reason is a lack of entrepreneurial spirit, says Klaus Brake of the Berlin-based Centre for Metropolitan Studies.

ECONOMIST: Berlin