Incommendations

Entrepreneurship is a term that has reentered the public vernacular over the last few years, many times in reference to what is wrong with America but what it means is rarely defined. Furthermore, it is generally agreed that more Entrepreneurship is a desirable trait but how to go about encouraging it is again a point of contention. This paper will address a specific facet of entrepreneurship and attempt to discover what are the key drivers to foster an entrepreneurial spirit from childhood.

The benefits to elementary students include increased attendance, high academic achievement, better use of opportunity recognition and problem solving skills, and an exploration in ethical issues. In middle school, entrepreneurship education is seen to improve academic skills, increase self esteem, encourage risk taking and learning from failure, learn about opportunity cost, and foster idea generation. Overall it caused students to enter the adult world with a sense of more self-worth, self awareness, personal responsibility, motivation, communication skills, and creativity. This source serves as bank of example to my claim to increase entrepreneurship education in South

They are our future and they are people who Canadian citizens will continue to rely on. There are so much potential for young Canadians that want to pursue their career in entrepreneurship, and they deserve the opportunities to learn, explore and perform. By having organizations such as Projects Abroad provide volunteer opportunities for youths at any level of education, it demonstrates that everyone is welcomed to pursue their career. Whether there are opportunities of learning locally or globally, what matters are the accomplishments that young entrepreneurs will make after gaining valuable experiences and skills. Their responsibilities are not only to make profit but to behave ethically and contribute to economic development, while improving the quality of life of the local community and society at large (Misra 177). Similarly, the government’s role is to help young Canadians succeed in the business industry. It’s not only government initiatives in relation to assisting youths start a business, but how the government can support businesses in the long run. To conclude, young entrepreneurs are heavily dependent on Canada’s economy because they are the ones that will create future jobs, produce for the market, and handle government interventions. There are many challenges involved in the business field but with the government and young entrepreneurs working together, they

This activity is designed to encourage students to appreciate the process of generating business idea with limited funds. Anybody can come up with a good business idea regardless of their age, race, experience and others.

Its developmental and transformative qualities particularly on emerging global economies, has given great significance to the concept of entrepreneurship. The impact of entrepreneurship has more contributory value is most The concept of entrepreneurship has received significant global attention across the developed and developing countries due to its capacity to transform the economy (Le & Nguyen, 2009:867). The Global Entrepreneurship Monitor (2011:8) revealed that there are approximately 400 million entrepreneurs across 54 countries operating start-up businesses. These countries are grouped into three stages of economic development driven by: factor, efficiency and innovation (GEM, 2009:5). This is based on the level of

The role of entrepreneurship in the economy of a country is to inspire new business ventures that support wealth

These businesses that are run by students are very vital to the student body that is interested in business and entrepreneurship. They should be introduced in every campus that hosts business studies. Business students read about ventures, organizations and management in textbooks, but it’s a completely different experience while making decisions about an actual business. The thrill of making decisions, feeling the consequences of every decision made is something that cannot be taught. It must be experienced. This method of learning would revolutionize how business and management is taught in universities, creating social change and bettering society (Mars, Matthew M. and Gary Rhoades, 435-459).

First of all, students and young entrepreneurs should understand that they are not the first or the last, who do such business. That means that a lot of data - studies, advices, stories of successful and unsuccessful forerunners - could be found from a variety of sources. However, one should also understand that every business has its own path with own decisions, communications and methods of bypassing problems – each and every firm is always in its own set of circumstances that require specific actions. When one learns, steps can be repeated after someone, when one does a business, he/she takes a role of a trail blazer, who has to discover the essence. This is not the only concept an entrepreneur should understand and there are specially adopted programs, provided in various colleges, including Paul college at UNH, that allow students to develop their own businesses being guided by their instructors (Laura Hill).

There are various entrepreneurial education scope and structure among higher education in Malaysia. Entrepreneurship education in university of Northern Region in Malaysia seeks to provide students with the knowledge, skills and motivation to encourage entrepreneurial success in a variety of settings in the future job searching. Variations of entrepreneurship education are offered at all levels of schooling from primary or secondary schools through graduate university programs. This research aiming, entrepreneurship education is treated as it has been broadly used and applied by most Northern Region of Malaysia universities. The establishment of the Ministry of Entrepreneur Development in year of 1995, clearly indicates the growing importance of the government role on the issue of entrepreneur development (Ariff & Abu bakar, 2005). Entrepreneur education is a factors that affect the activities of entrepreneurship among university student in northern region of Malaysia. Thus, Entrepreneurship education has been used as one of the most effective ways to promote the transition of graduates into the world of

After gaining insights of the history of the development of the SMEs and the motivational factors of young entrepreneurs to establish a business, there is potential obstacles that young entrepreneurs might face in financial options from the start-up. SMEs have difficulties in having access to formal finance and are more financially constrained than larger enterprises. According to Beck and Demirguc-Kunt (2016)’s survey, “the probability that a small firm lists financing as a major obstacle (as opposed to moderate, minor or no obstacle) is 39% compared to 36% for medium-size firms and 32% for large firms.” The result shows that SMEs have a harder time than large enterprises in accessing to finance options. For a reason, Beck and

The economy is composed of enterprises and businesses. Our economy has survived because the industry leaders had been able to adapt to the changing times and supplied mostly the communities’ needs. Entrepreneurship produces financial gain and keeps the economy afloat, which gives rise to the importance of innovation in entrepreneurship. Entrepreneurs are innovators of the economy. The importance of innovation in entrepreneurship is another key value for the longevity of a business. And, being innovative has helped us become successful in all our endeavors.This leads me to choose my higher education in “Master of Business Administration

Indonesia is a developing nation that has reached milestones in its progress starting with its move into democracy into the efforts of stabilizing its economic fluctuations. According to WorldBank.org, the 2014 inflation rate was estimated to be 6.4%. Also, the GNI per capita has been steadily increasing since 2000, which was $2200 into a surprising $3524 in 2014. With a population of 249.9 million people in 2013, a Gross Domestic Product of $863.3 billion and a growth rate of 5.8% in 2013 (WorldBank.org), along with the explosive growth middle class and their consumptive nature, Indonesia is a prime target for foreign direct investments from all over the globe. Also, as seen in DoingBuisness.org, the ease of starting a business has risen in rank since last year. With a growing access to electricity in more areas (DoingBusiness.org) and the government’s lenient

With the vogue around with startups, entrepreneurship is not a post educational phenomenon anymore. The world has shown how young people whilst studying, can triumph in creating great companies. But, how young of a student are we talking about? You would think ‘college’, but no; today we are to look at a high school student who dreamt enough to do enough.

Government has taking initiative to bring array of programmes and funding offers for technological startups, Self employment schemes specially for youngsters/women living in rural areas. Which will in turn help entrepreneurs to start up new business where risk is high without hesitation as fear of failure is reduced with government and social- culture support.

Again, there is the Citizen Entrepreneurship Development Agency (CEDA) which aims at providing financial and technical assistance to citizens to develop their businesses (CEDA, 2016). Not only does CEDA offer financial assistance to developing businesses but also to already existing ones. What is more, it also offers training, mentorship and advisory services to new entrepreneurs as well as those that have been in the industry for a while. It is however worrisome how some of the youth businesses