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ENTERPRENEURSHIP
Definition of Entrepreneurship
Entrepreneurship refers to an individual’s ability to turn ideas into action
It includes
• creativity,
• innovation and
• risk taking,
• as well as the ability to plan and manage projects in order to achieve objectives.
Objectives.
• supports everyone in day-to-day life at home and in society,
• makes employees more aware of the context of their work and better able to
seize opportunities, and
• provides a foundation for entrepreneurs establishing a social or commercial
activity
Education
• The education system has therefore an important role to play in
stimulating attitudes and behaviour which promote creativity, self
confidence and an understanding of risk.
• It is also important to portray the running of one’s own business as a
possible career option
• This must take place through long term work in both primary and
secondary levels.
• It is therefore necessary to continue to develop the capability and the
tools to meet these goals .
The Scheme
The Ministry of Finance, the Economy and Investment is launching a
scheme whereby it will be making available funds which can be availed
of by education institutions to finance the development or
procurement of projects / programmes as well as their implementation
with the aim of promoting entrepreneurial qualities and delivering
entrepreneurial experiences at the primary and secondary level.
IMPORTANCE
• Raising students’ awareness of self- employment and
entrepreneurship as possible career options
• Work on practical enterprise projects and activities (e.g. students
running mini- companies)
• Providing specific business skills and knowledge of how to start and
successfully run a company.
High Level Reflection Panels on Entrepreneurship
Education Two key needs:
• Increase co-operation between government administrations –
especially those responsible for education and enterprise - and with
stakeholders on entrepreneurship education;
• Develop more systematic strategies for entrepreneurship education.
NEED OF ENTERPRENEURSHIP AND
EDUCATION
• Raising students’ awareness of self-employment and
entrepreneurship as possible career options
• Work on practical enterprise projects and activities (e.g. students
running mini-companies)
• Providing specific business skills and knowledge of how to start and
successfully run a company.
• Establish support networks
• There is a need for more contact between educational institutions
and various players in society
Elements of a strategy
• Agreed definition of entrepreneurship
• Cross-ministry cooperation
• Stakeholder consultation
• Embed core competences into the national curriculum
• Develop strategic aims and objectives
Elements of a strategy
• Integrate identified good practices (what works) into the strategy
• Train the teachers
• Develop a logic chain of indicators, outputs, outcomes and expected
impact
• Design and embed coherent progression from primary to higher
education
• Make resources available for the strategy
CONCLUSION
• Final report of the Expert group on Entrepreneurship in Vocational
Education and training concluded that for activities to qualify as
education for entrepreneurship .
• Developing those personal attributes and horizontal skills that form
the basis of an entrepreneurial mindset and behaviour
THANK YOU

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ENTERPRENEURSHIP.pptx

  • 2. Definition of Entrepreneurship Entrepreneurship refers to an individual’s ability to turn ideas into action It includes • creativity, • innovation and • risk taking, • as well as the ability to plan and manage projects in order to achieve objectives. Objectives. • supports everyone in day-to-day life at home and in society, • makes employees more aware of the context of their work and better able to seize opportunities, and • provides a foundation for entrepreneurs establishing a social or commercial activity
  • 3. Education • The education system has therefore an important role to play in stimulating attitudes and behaviour which promote creativity, self confidence and an understanding of risk. • It is also important to portray the running of one’s own business as a possible career option • This must take place through long term work in both primary and secondary levels. • It is therefore necessary to continue to develop the capability and the tools to meet these goals .
  • 4. The Scheme The Ministry of Finance, the Economy and Investment is launching a scheme whereby it will be making available funds which can be availed of by education institutions to finance the development or procurement of projects / programmes as well as their implementation with the aim of promoting entrepreneurial qualities and delivering entrepreneurial experiences at the primary and secondary level.
  • 5. IMPORTANCE • Raising students’ awareness of self- employment and entrepreneurship as possible career options • Work on practical enterprise projects and activities (e.g. students running mini- companies) • Providing specific business skills and knowledge of how to start and successfully run a company.
  • 6. High Level Reflection Panels on Entrepreneurship Education Two key needs: • Increase co-operation between government administrations – especially those responsible for education and enterprise - and with stakeholders on entrepreneurship education; • Develop more systematic strategies for entrepreneurship education.
  • 7. NEED OF ENTERPRENEURSHIP AND EDUCATION • Raising students’ awareness of self-employment and entrepreneurship as possible career options • Work on practical enterprise projects and activities (e.g. students running mini-companies) • Providing specific business skills and knowledge of how to start and successfully run a company. • Establish support networks • There is a need for more contact between educational institutions and various players in society
  • 8. Elements of a strategy • Agreed definition of entrepreneurship • Cross-ministry cooperation • Stakeholder consultation • Embed core competences into the national curriculum • Develop strategic aims and objectives
  • 9. Elements of a strategy • Integrate identified good practices (what works) into the strategy • Train the teachers • Develop a logic chain of indicators, outputs, outcomes and expected impact • Design and embed coherent progression from primary to higher education • Make resources available for the strategy
  • 10. CONCLUSION • Final report of the Expert group on Entrepreneurship in Vocational Education and training concluded that for activities to qualify as education for entrepreneurship . • Developing those personal attributes and horizontal skills that form the basis of an entrepreneurial mindset and behaviour