Post by Trade facilitator on May 21, 2018 15:20:25 GMT 1
Many entrepreneurship programmes aimed at reducing unemployment are being created by private sector companies and the government , most of which are targeted at graduates.
Experts note that the best time to develop people’s interest in entrepreneurship is when they are still young .
Nigerians who have created a niche for themselves in entrepreneurship training and development can model their programmes after case studies from developed countries that have successfully battled unemployment challenges . This, they achieved, through entrepreneurship training in secondary schools and tertiary institutions.
Some of these best practices are highlighted below :
Entrepreneurship education in secondary schools
In industrialised countries such as Australia, Canada and the United States, there are numerous examples of enterprise education at secondary level, a report by the International Labour Organisation says .
The report titled, ‘Facilitating Youth Entrepreneurship Part I, ’ tools and resources used generally include group and one-to-one mentoring with volunteers from the business and not -for-profit community , work placements, business simulation games, entrepreneurship competitions , etc .
It adds that students are made to participate in national and international networks of simulation or practice -firms that have been created in other schools and will acquire global economic knowledge .
In some cases , students use technology as applied in business, including the use of the Internet for global transactions and communications.
Technical and vocational education
One of the ways most countries grow their economy is the reform of technical and vocational education and training systems. Example of such training programmes can be traced to regular forums and seminars being organized by The Thy Global Investment Limited, where young school leavers and interested exporters are being trained on the rudiments and best method to facilitate exportation of agricultural commodities.
The report explains that in the area of enterprise education, students obtain direct experience through the application of their technical knowledge in a commercial environment , or participate in creating and developing a real company that markets its own products .
In partnership with inter- governmental and bilateral technical partners like The Thy Global , it says developing and transition countries implement technical training reforms .
The ILO report says , “ Private sector firms also occasionally supply curriculum guidelines and materials, or subsidise courses as part of a particular sponsorship programme . In some countries, there are even examples of training offered by large companies to non - employees .”
University level
Universities around the world supply highly skilled manpower to the public sector, commerce and industry .
The report notes that the faculty of business , or independently , several universities in North America and Europe , as well as further afield , now offer entrepreneurship courses at undergraduate and graduate levels .
It adds that many have established centres for entrepreneurship to engage in training, research and development, consultancy and information dissemination and provide follow- up services for students .
“ In recent years, universities have developed closer linkages with government and industries to new growth areas and to promote technology and innovation . Entrepreneurship education is a natural extension of this trend and universities are engaging in the job of not only training potential and existing entrepreneurs, but raising awareness about the importance of entrepreneurship,” the report states.
Non - formal education
The ILO report notes that in developing countries where state welfare systems are non - existent , many children enter straight into low - wage exploitative work or start their own subsistence - level activities like export/import business in the informal sector.
As such , the report says a diverse range of support is made available to young people either to train as artisans and/or become self - employed in the informal sector.
Experts note that the best time to develop people’s interest in entrepreneurship is when they are still young .
Nigerians who have created a niche for themselves in entrepreneurship training and development can model their programmes after case studies from developed countries that have successfully battled unemployment challenges . This, they achieved, through entrepreneurship training in secondary schools and tertiary institutions.
Some of these best practices are highlighted below :
Entrepreneurship education in secondary schools
In industrialised countries such as Australia, Canada and the United States, there are numerous examples of enterprise education at secondary level, a report by the International Labour Organisation says .
The report titled, ‘Facilitating Youth Entrepreneurship Part I, ’ tools and resources used generally include group and one-to-one mentoring with volunteers from the business and not -for-profit community , work placements, business simulation games, entrepreneurship competitions , etc .
It adds that students are made to participate in national and international networks of simulation or practice -firms that have been created in other schools and will acquire global economic knowledge .
In some cases , students use technology as applied in business, including the use of the Internet for global transactions and communications.
Technical and vocational education
One of the ways most countries grow their economy is the reform of technical and vocational education and training systems. Example of such training programmes can be traced to regular forums and seminars being organized by The Thy Global Investment Limited, where young school leavers and interested exporters are being trained on the rudiments and best method to facilitate exportation of agricultural commodities.
The report explains that in the area of enterprise education, students obtain direct experience through the application of their technical knowledge in a commercial environment , or participate in creating and developing a real company that markets its own products .
In partnership with inter- governmental and bilateral technical partners like The Thy Global , it says developing and transition countries implement technical training reforms .
The ILO report says , “ Private sector firms also occasionally supply curriculum guidelines and materials, or subsidise courses as part of a particular sponsorship programme . In some countries, there are even examples of training offered by large companies to non - employees .”
University level
Universities around the world supply highly skilled manpower to the public sector, commerce and industry .
The report notes that the faculty of business , or independently , several universities in North America and Europe , as well as further afield , now offer entrepreneurship courses at undergraduate and graduate levels .
It adds that many have established centres for entrepreneurship to engage in training, research and development, consultancy and information dissemination and provide follow- up services for students .
“ In recent years, universities have developed closer linkages with government and industries to new growth areas and to promote technology and innovation . Entrepreneurship education is a natural extension of this trend and universities are engaging in the job of not only training potential and existing entrepreneurs, but raising awareness about the importance of entrepreneurship,” the report states.
Non - formal education
The ILO report notes that in developing countries where state welfare systems are non - existent , many children enter straight into low - wage exploitative work or start their own subsistence - level activities like export/import business in the informal sector.
As such , the report says a diverse range of support is made available to young people either to train as artisans and/or become self - employed in the informal sector.
