Youth: Youth entrepreneurial behavior

Posted by : Doru Iamandi
Country : Romania
Date : 14.07.2011
Profession : Student
From : Students' Association from the Faculty of Engineering
Target institution : European Commission, European Parliament
Problem status :

Entrepreneurial behavior still lacks effective stimulation and support in Europe. Young people are very creative and if given stimulating resources, they have many chances to innovate and become successful business or social entrepreneurs.

In general, EU SMEs still have lower productivity and grow more slowly than their counterparts in the United States. In the US, surviving firms on average increase their employment by 60% by their seventh year, while employment gains among surviving firms in Europe are in the order of 10% to 20%. SMEs still face market failures undermining the conditions in which they operate and compete with other players in areas like finance (especially venture capital), research, innovation and the environment. For example, about 21% of SMEs indicate that accessing finance is a problem, and in many Member States the percentage is much higher for micro-enterprises. Also, fewer European SMEs innovate successfully when compared to large businesses. The situation is worsened by structural difficulties such as the lack of management and technical skills, and remaining rigidities in labour markets at national level (Source: Small Business Act, http://ec.europa.eu/enterprise/policies/sme/small-business-act/). 

What should European institutions do in order to develop the innovative potential of young people?


Solutions received from citizens

Bulgarian group

Bulgarian group, Bulgaria, Students (15.07.2011)

- Target – youngsters from 13 to 18 years old.
- Business games and simulations for the youngsters lasting a couple of days – mini monopoly – leaded by young entrepreneur
- Professional day – the EU supporting the expenses of the young entrepreneurs to go to schools and to promote their activities
- Theatre workshops in schools – stimulating students’ creativity and innovative way of thinking
- Exchange programmes based on different arts tools
- Working for the nature – Planting trees, working with people from villages and helping them to develop their business – exchanges between villages and cities and environment protection programmes.
Slovenian group

Slovenian group, Slovenia, Students (15.07.2011)

- Exchange programmes – for young entrepreneurs.
- Informing and promoting the youngsters
- Coaching programmes for young entrepreneurs
- Workshops delivered in schools and educational institutions on education for entrepreneurship
- Forums, activities and initiatives promoting entrepreneurship
Polish group

Polish group, Poland, Students (15.07.2011)

- The country’s situation – not so many opportunities for the young entrepreneurs and for the entrepreneurship ideas. Moreover, the young entrepreneurs are facing loads of problems and the process to register new businesses is a sluggish one.
- The authorities should support of NGOs and their social entrepreneurship ideas.
- More than this, the procedures should be definitely easier – less bureaucracy.
- More information projects and school multipliers – education for entrepreneurship and also creating sustainable initiatives for this purpose. More than this, not only one event, but several ones in order to involve the youngsters with sustainable activities.
- The entrepreneurship programmes should be directly linked to the research outcomes of the research projects – analyzing the youth needs related to entrepreneurship.
Greek group

Greek group, Greece, Students (15.07.2011)

- Teens go business initiative – European Commission, the governments and the community support by regional administration creating support schemes for the youngsters’ initiatives – from information to support.
- In order to get this information, the students should be part of formation programmes – such as seminars, educational activities using methods as living library – getting the successful stories of the young entrepreneurs, presenting successful business as everyday stories in order to develop the youngsters’ initiatives and organizing structural exchange and informative projects for the target.
Dutch group

Dutch group, Holland, Students (15.07.2011)

- Existent programme - Entrepreneurial programme for primary schools – 1 eur to the children and in one week they are coming back with more – money for the charity projects. The project can be extended to other European countries – using online tools to promote it.
- Entrepreneurial subjects within the school curricula – that the youngsters then can use this experience to start up their initiatives – this programme can be also promoted to the European level.
- EU to motivate entrepreneurship – the higher youth unemployment rate, the more efforts they should do in order to support the entrepreneurs’ initiatives.
Turkish group

Turkish group, Turkey, Students (15.07.2011)

– a national platform for best practices and then the winners – the town will be promoted as well
- a programme for youngsters promoting education for entrepreneurship – the model of business angles – facilitating the contact between the entrepreneurs and the students
- agreement between universities and EU – entrepreneurship courses that can help the youngsters to start up their business
- facilitating the access of the big companies in the schools and universities cafeterias, there the youngsters can work and they can also develop their managerial skills and competencies.

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