Demetris C. Hadjisofocli, This presentation was given to a number of school primary and secondary teachers, as well as education administrators in Cyprus in preparation to the introduction of entrepreneurship education in the Cyprus School system.

1. -Μύθοι και πραγματικότητα
-Καλές Πρακτικές:Τρόποι εφαρμογής των αρχών που
πηγάζουν από την επιχειρηματικότητα σε όλους τους
τομείς μάθησης, εκπαίδευσης, και εργασίας
June 27, 2013
UNESCO
University of Nicosia
Δημήτρης Χατζησοφόκλη
Managing Director, Helix Business Incubator
Director, Liaison Office University of Nicosia
demetrish@gmail.com
Entrepreneurship Education:

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https://www.facebook.com/entrepreneurshipeducation

4. This problem can be solved by pre-school children in five to ten minutes,
by programmers in an hour and by people with higher education…
well check it yourself!
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5. To Discuss
• How is “Entrepreneurship Education” Defined
• Correlational Graph to the Financial Crisis
• Economic Recovery
• Teachers as Facilitators
• The European Perspective
• Enabling Teachers to Succeed
• Entrepreneurship Education EcoSystem
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6. Current Financial Crisis
• >70K People with no Work & Growing
– Almost 50% of them young <30yrs old
• Unemployment high and getting higher
• Psychology/Depression on the Rise
• Hope must be preserved
• What should we do? Short Term/Long Term
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7. Short Term
• Provide Opportunities to Create
Businesses/Jobs
– Business Incubators/Accelerators
– Smart/Cloud Financing
– Mentorship/Coaching
– Easy Company Formation
– Facilitate Legal Issues
– Leverage existing knowledge/Technology
– Knew Knowledge
– Pivot the Economic Model
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8. Long Term
• Impact/Infuse Cultural Change at the grass roots
• Bring back the Enterprising Spirit of the past
• ReClaim our DNA
• Teach our kids to become curious, innovative,
creative, fearless….
• Trust the young people; Show them how to flap their
wings and Let Them Fly
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9. • Entrepreneurship education seeks to provide
students with the knowledge, skills and motivation
to Encourage Entrepreneurial Success in a variety of
settings. Variations of Entrepreneurship Education
are offered at all levels of schooling from Primary or
Secondary Schools through Graduate University
Programs
What is Entrepreneurship Education?
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10. •Entrepreneurship education is a process through which Learners
Acquire a broad set of Competencies that can bring greater
individual, social and economic benefits since the competences
acquired lend themselves to application in every aspect of
people's lives.
– An individual's ability to turn ideas into action
– It includes creativity, innovation, showing initiative and risk-
taking, as well as the ability to plan and manage projects in
order to achieve 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
What is Entrepreneurship Education?
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11. Entrepreneurship
CANNOT
Be
Taught
to ALL 11

12. BUT
It can be
FACILITATED
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13. Teachers are “The Facilitators”
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14. Purpose of Education
• What are some of our primary goals as
Stakeholders in the Education System?
– Prepare students for the “real world”
• 21st
Century Skills (Skill Specialization-Entrepreneurship
is the Tip of the Arrow)
• Citizenship
• Knowledge
– Create jobs
– Better Quality of life
– Entrepreneurship Provides a “Light of Hope” for
Financial and Social Recovery
– Cross Curricula / Interdisciplinary 14

15. FOOTBALL
• One Ball  Tool
• Same Objective  Success
 Different Approaches 
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16. Duncker's candle problem
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17. Duncker's candle problem – The Solution
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18. • The CAPACITY and willingness to DEVELOP, organize and
MANAGE a BUSINESS VENTURE along with any of its RISKS in
order to make a PROFIT
– The most obvious example of entrepreneurship is the starting of
new businesses.
• In ECONOMICS, entrepreneurship combined with LAND,
LABOR, NATURAL RESOURCES and CAPITAL can PRODUCE
PROFIT
• Entrepreneurial spirit is characterized by INNOVATION and
risk-taking, and is an essential part of a nations ABILITY to
succeed in an ever changing and increasingly COMPETITIVE
GLOBAL MARKETPLACE
What is Entrepreneurship?
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19. Global Skills
• Innovation
• Creativity
• Scientific Curiosity
• Collaboration
• Forward Looking
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20. • Confident
• Feels a Sense of
Ownership
• Able to Communicate
• Passionate about
Learning
• Team Player
• System-Oriented
• Dedicated
• Grateful
• Optimistic
• Gregarious
• A Leader by Example
• Not Afraid of Risk or
Success
• Ambition
• Enthusiasm
• Prudence
• Decision-making
• Perseverance
• Motivated
• Driven
Characteristics of Entrepreneurship
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21. • Entrepreneurship Education is Vital
and a Priority embedded in almost all
initiatives stemming from the European
Commission
European Perspective
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22. • Entrepreneurship is the only way to
create jobs, lower unemployment,
increase tax base, increase
productivity, change Cyprus’ economic
model, grow GDP
European Perspective
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23. European Perspective
• The Grand Challenges in
Entrepreneurship Education:
– How to help primary and secondary school teachers to become
agents of change through initial teacher education
– How to encourage and enable in-service teachers to engage in
entrepreneurship education through continuing professional
development
– How to develop teachers as facilitators of learning
– How to develop support systems for teachers
– How to develop the role of the school and its community to
help teachers to provide learning opportunities in
entrepreneurship
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24. • Fundamental shift away from traditional approaches
• Teachers are:
– In the middle of these changes
– They need to be equipped with the right skills, knowledge and
attitudes to be able to provide their students with the new
curricula, pedagogies and learning environments that they will
need if they are to acquire entrepreneurial competencies
• How should teachers be educated?
• What developments need to happen in initial teacher education
and continuing professional development?
• What types of support will teachers need in the environment
which they teach?
Enabling Teachers as a Critical
Success Factor
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25. • We are Answering some of these
questions
• This is a Re-Start of an Effort to Impact
Positive Change
• The University of Nicosia & Helix
Business Incubator are Next to you in
this Effort
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26. • Teachers - pivotal agents of change
• External actors outside the education system
– such as Business Organizations and NGOs
– National and/or Regional Authorities
– Stakeholders; Community, Partnerships,
Students, Parents, Mentors, Investors, Teachers,
Schools, Universities, Supporters, Wider Public,
Incentives & Resources
Entrepreneurship Education Eco
System
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27. It is a journey and it will be filled with
experiences, surprises, magic,
discovery, disappointment, joy…
We are excited that we are co-travelers
during this trip….
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28. Tnx
4
UR
Patience!
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