Center for Entrepreneurship and Innovation – Avoiding a lost generation June 2013 – EY – Global

Young entrepreneurs pinpoint five imperatives to help spur jobs and avoid an entire lost generation.

GIBS Information Centre / GIBSIC‘s insight:

Entrepreneurship & Innovation– “3. Create a culture of risk-taking

Treps are crucial job creators, and their governments need to promote this. In fact, 50% of young treps think this action would have a high impact on supporting entrepreneurship in the G20. Society, too, needs to be more tolerant of failure and recognize treps as providers of innovative products.

As youth unemployment reaches crisis levels, schools and universities can help. “The key is to start earlier and to really engage students in unlocking their entrepreneurial mindset, whether or not they are going into large employment opportunities or starting their own businesses,” says Amy Rosen, Chief Executive of the Network for Teaching Entrepreneurship (NFTE).”

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