Entrepreneurship and entrepreneurial thinking and acting are strongly discussed in vocational und business education worldwide. In Austria the Schumpeter Secondary College for Business Administration (Schumpeter-Handelsakademie) is one of the leading schools for Entrepreneurship Education.Therefore, the purpose of this thesis is to evaluate how Entrepreneurship Education is carried out in the Schumpeter-Handelsakademie and to describe the role played by the Austrian Joseph A. Schumpeter. First, his life and personality as well as the historical and scientific background are presented. In the following, his relevant theories in the context of this thesis are discussed. These theories are the theory of the enterprise, business cycles and capitalism. The next chapter focuses on the delineation of the terms entrepreneur and entrepreneurship. In the literature, several theories have been proposed to explain the terms. Basically, there are three main approaches, namely the functional approach, the behavioural approach and the trait approach, which are discussed and compared. According to the semantic levels of self-dependence of Tramm and Gramlinger, a definition of Entrepreneurship Education is given. In the last chapter, the influence of the Austrian economist on the Schumpeter-Handelsakademie is elaborated and the understanding of entrepreneurship and the educational concept of the school are discussed.The thesis concludes that Entrepreneurship Education is a vague and abstract concept. Furthermore, it is evident that the goals pursued by the Schumpeter-Handelsakademie can be categorized as very general. Like the criteria for the evaluation of entrepreneurship schools they cannot only be traced back to Entrepreneurship Education.