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Jobs through Innovation
Summary
• Creating jobs through innovation:
• With the millennium development goals in mind, our idea is to use
  cleaner energy to create jobs in rural areas and reduce poverty and
  unemployment.
• Building a prototype structure that is portable, durable and cost
  effective, using solar power and LP gas. The main function of this
  structure will be to prepare food for the end consumer.
• This prototype/structure can be sold to the end customer,
  governments or any organization who deals with poverty
  alleviation.
• This prototype/structure will create jobs, in the sense that it will
  drive entrepreneurship and social upliftment in the rural areas of
  Sub Saharan Africa.
Hypothesis
• Sub Saharan Africa is expected to have a significant
  increase in working class in the next 4-5 years.
• The PI (prosperity index) of Sub Saharan Africa
  countries is rising. There is a direct correlation between
  PI and entrepreneurship.
• The higher the business start up costs in a country, the
  more likely that entrepreneurship will fail.
• Random sample will show that social capital (SC) is a
  key factor in PI=Entrepreneurship and will determine
  where venture is most likely to succeed.
Experiments
• Research Sub Saharan average age through
  United Nations.
• Correlate PI and E&O rankings.
• Calculate business start-up costs as a percentage
  of Gross National Income (GNI) for each sub-
  Saharan country
• Research four random countries using data from
  the United Nations and the Legatum Institute.
  Countries selected: South Africa, Zimbabwe,
  Namibia, Botswana
Results
•       Results
•       1.Research showed that 43% of population of Sub Saharan Africa is between 0-14 years old. (United Nations Data)



•       2




•       3




4.Rankings from 2009-2010;
        South Africa: SC+6 and PI+1, Zimbabwe: SC-6 and PI unchanged (note still last of all countries), Namibia: SC+8 and PI+3, Botswana: SC+14 and PI+2
New Hypothesis
• 1.Our venture will be in an unique position to meet the
  need of the growing working population.
  2. The new culture of PI=Entrepreneurship will ensure that
  our venture has a better chance of succeeding in Sub
  Saharan Africa.
  3.Countries with high entry barriers should be avoided at
  first, until the business model is proven.
  4.The venture should be directed at countries that showed
  a increase in social capital. For this hypothesis SC being :
  "Social capital is about the value of social networks,
  bonding similar people and bridging between diverse
  people, with norms of reciprocity (Dekker and Uslaner
  2001; Uslaner 2001). Sander (2002, p. 213)"

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Jobs through innovation

  • 2. Summary • Creating jobs through innovation: • With the millennium development goals in mind, our idea is to use cleaner energy to create jobs in rural areas and reduce poverty and unemployment. • Building a prototype structure that is portable, durable and cost effective, using solar power and LP gas. The main function of this structure will be to prepare food for the end consumer. • This prototype/structure can be sold to the end customer, governments or any organization who deals with poverty alleviation. • This prototype/structure will create jobs, in the sense that it will drive entrepreneurship and social upliftment in the rural areas of Sub Saharan Africa.
  • 3. Hypothesis • Sub Saharan Africa is expected to have a significant increase in working class in the next 4-5 years. • The PI (prosperity index) of Sub Saharan Africa countries is rising. There is a direct correlation between PI and entrepreneurship. • The higher the business start up costs in a country, the more likely that entrepreneurship will fail. • Random sample will show that social capital (SC) is a key factor in PI=Entrepreneurship and will determine where venture is most likely to succeed.
  • 4. Experiments • Research Sub Saharan average age through United Nations. • Correlate PI and E&O rankings. • Calculate business start-up costs as a percentage of Gross National Income (GNI) for each sub- Saharan country • Research four random countries using data from the United Nations and the Legatum Institute. Countries selected: South Africa, Zimbabwe, Namibia, Botswana
  • 5. Results • Results • 1.Research showed that 43% of population of Sub Saharan Africa is between 0-14 years old. (United Nations Data) • 2 • 3 4.Rankings from 2009-2010; South Africa: SC+6 and PI+1, Zimbabwe: SC-6 and PI unchanged (note still last of all countries), Namibia: SC+8 and PI+3, Botswana: SC+14 and PI+2
  • 6. New Hypothesis • 1.Our venture will be in an unique position to meet the need of the growing working population. 2. The new culture of PI=Entrepreneurship will ensure that our venture has a better chance of succeeding in Sub Saharan Africa. 3.Countries with high entry barriers should be avoided at first, until the business model is proven. 4.The venture should be directed at countries that showed a increase in social capital. For this hypothesis SC being : "Social capital is about the value of social networks, bonding similar people and bridging between diverse people, with norms of reciprocity (Dekker and Uslaner 2001; Uslaner 2001). Sander (2002, p. 213)"