This article represents the second article in a series evaluating wikis as an educational tool, having previously researched students' perspectives of wikis as a learning tool. The aim of this second instalment was to evaluate the experience of not only MBA students but also entrepreneurs and academics of wikis as a learning tool. Throughout the research the participants were encouraged to reflect and discuss their learning experience with one another in order to assess the strengths and weaknesses of wikis as an educational tool. Qualitative oral and written data gained during and after the teaching reflected this experience has been a positive one for students, staff and entrepreneurs. The entrepreneurs have been particularly enthusiastic about the results, citing the educational and managerial benefits to their businesses. Evidence, however, also reveals that on reflection some of the processes and procedures need to be adapted and amended to gain greater initial student buy-in. The recurring criticism that academe and business too often fail to translate their relationships into practical outcomes can be rebutted through the development and application of wikis. Wikis offer different, but complimentary results for the various stakeholders. It is an innovative, low-cost technological tool that integrates entrepreneurial and experiential learning. It allows students and staff to understand and explore in real time issue(s) confronting small and medium enterprises, whilst business can access contemporary knowledge and practice at minimal cost. © 2011 Taylor & Francis.
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