scholarly journals Education Component in Creation of Entrepreneurship Society

2016 ◽  
Vol 3 (2) ◽  
pp. 109-123
Author(s):  
Maria Zarezankova-Potevska
Keyword(s):  
Economic Development ◽  
Market Economy ◽  
Informal Education ◽  
Developed Countries ◽  
Business Environment ◽  
Human Society ◽  
Education Systems ◽  
Creative People ◽  
Entrepreneurial Spirit ◽  
The World

Entrepreneurship as a style and way of thinking and working has century’s long history in the human society. Thanks to creative and open-minded people in the past and today, the human societies ensured rapid growth and improved the living standards. Innovative ideas triggered higher level of economic development in the world through new technologies, which has led to improving the quality of life. Unfortunately, not all countries in the world enjoy the same social progress, due to many problems in the areas of economic and political domain, access to natural and human resources, demographic issues, low level of education, etc. The history of economics has shown that in the countries with open market economy, the entrepreneurial spirit is developed on the higher level. The entrepreneurial culture provides many opportunities for implementation of more innovative business ideas, new technical solutions, advanced technologies, new working methods and continued life-long education aimed to improve the life of the society. Creative people and their ideas are crucial for the development and cultivation of the entrepreneurial spirit and culture in every country, which is closely connected to the education level gained through the formal and informal education systems, which depend of the country’s economic development. A good education system plays an important role in creating good economic policies in each country, has influence on the economic development, business performance and the progress of the whole human society. Innovation is a unique path to prosperity and well-being. Therefore, the economic scientists recognize entrepreneurship as a dynamic factor of production, in addition to labor, capital and land. The European Union (EU) recognizes and promotes many strategies and polices that focus on teaching entrepreneurship from early ages, starting within primary and secondary education, and continuing at the university levels. Developing new education curriculum in formal and informal education systems is a priority in the government’s policies of the developed countries. The curriculum might include compulsory courses in entrepreneurship, continuous learning, and tailored courses with specific task to teach people how to be creative and innovative, regardless of their cultural differences and traditions. Universities should play an important role in educating young people how to do business to work and succeed in the global market economy. The universities in many developed countries such as the USA, Japan, and Germany, have opened business centers, supported technological incubators and parks, and established specialized agencies that provide help and support to entrepreneurs. All these activities contribute to the development of the entrepreneurial society, where creative people can easily find their place for business and life. Thus, education is one of the key factors of economic development. The knowledge-based economy is a modern economy that makes the goal of many countries of today’s world. The less developed states should strive towards the modern trends in the education processes as well as business and entrepreneurial behavior, which is the critical factor in the development of economic and social welfare. They should make more efforts to support the business environment through progressive and modern education systems that would facilitate the development of entrepreneurial spirit and culture. Additionally, they should follow the new trends in the global economy that lead to social cohesion and better economic prosperity.

EMPOWERING WOMEN THROUGH ENTREPRENEURSHIP: ASPECTS AND APPROACHES

2014 ◽  
Vol 6 (01) ◽  
Author(s):  
JAVED ALAM SHEIKH
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Substantial Contribution ◽  
Economic Empowerment ◽  
World Population ◽  
Least Developed Countries ◽  
The Road ◽  
Road Map ◽  
The World ◽  
The Status

Almost 50 per cent of the world population is constituted by the women and they have been making substantial contribution to socio-economic development. But, unfortunately their tremendous contribution remains unrecognized and unnoticed in most of the developing and least developed countries causing the problem of poverty among them. Empowering women has become the key element in the development of an economy. With women moving forward, the family moves, the village moves and the nation moves. Hence, improving the status of women by way of their economic empowerment is highly called for. Entrepreneurship is a key tool for the economic empowerment of women around the world for alleviating poverty. Entrepreneurship is now widely recognized as a tool of economic development in India also. In this paper I have tried to discuss the reasons and role of Women Entrepreneurship with the help of Push and Pull factors. In the last I have also discussed the problems and the road map of Women Entrepreneurs development in India.

Features of economic development of entrepreneurship in suburban areas of the region

2020 ◽  
pp. 22-25
Author(s):  
Viktoriya Bondarenko
Keyword(s):  
Economic Theory ◽  
Economic Development ◽  
National Economy ◽  
Geographic Area ◽  
Developed Countries ◽  
World Market ◽  
Production Costs ◽  
Goods And Services ◽  
Suburban Areas ◽  
The World

The level of economic development of entrepreneurship in any country in the world is crucial in increasing the competitiveness of the national economy in the world market of goods and services. The activities of economic entities are the driving force for the sustainable development of regions and their suburban areas, and they also impact the welfare of population. The article dwells on the analysis of scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. The article analyzes the scientific approaches to the regulation of economic development of enterprises in suburban areas of the region. According to the well-known classics of the fundamental economic theory of entrepreneurship development (A. Smith, D. Ricardo, V. Laungard, A. Loria) the peculiarities of economic development of entrepreneurship in suburban territories of the region are determined by the possibility of distribution of surplus production, minimum production costs per unit of production, availability of labor resources. In modern economic theory (M. Weber, A. Pre, S.M. Kimelberg, E. Williams, C. Vlachou, O. Iakovidou, J. van Dijk, P. Pellenbarg) the development of entrepreneurship in suburban areas of the region can be determined by institutional, innovation, technological, social, ecological and other features of the economy at the regional, state or world levels. The complex and comprehensive generalization of the features of economic development of entrepreneurship in suburban areas is proposed. There are (1) the type of decision taken by an enterprise to carry out business activities in the relevant suburban area of the region, and (2) the influence of internal and external factors on economic activity. The article argues that large enterprises are guided by more objective decision-making reasons, attaching the most importance to the physical and innovative environment. Medium and small enterprises are mainly focused on getting benefits for the entrepreneur in the short-term time period and location in the nearest geographic area. The attention was paid to the tools of ensuring economic development of entrepreneurship in suburban areas of the region, taking into account institutional changes in the national economy and the experience of developed countries of the world.

scholarly journals A Gap in Brain Gain for Emerging Countries: Evidence of International Immigration on Non-Resident Patents

2020 ◽  
Vol 14 (1) ◽  
pp. 7
Author(s):  
Bolortuya Enkhtaivan ◽  
Jorge Brusa ◽  
Zagdbazar Davaadorj
Keyword(s):  
Developed Countries ◽  
Emerging Countries ◽  
Culture Learning ◽  
Host Countries ◽  
Creative People ◽  
Brain Gain ◽  
Ample Evidence ◽  
The World ◽  
Controversial Topic ◽  
Global Data

Immigration is a controversial topic that draws much debate. From a human sustainability perspective, immigration is disadvantageous for home countries causing brain drains. Ample evidence suggests the developed host countries benefit from immigration in terms of diversification, culture, learning, and brain gains, yet less is understood for emerging countries. The purpose of this paper is to examine the presence of brain gains due to immigration for emerging countries, and explore any gaps as compared to developed countries. Using global data from 88 host and 109 home countries over the period from 1995 to 2015, we find significant brain gains due to immigration for emerging countries. However, our results show that there is still a significant brain gain gap between emerging and developed countries. A brain gain to the developed host countries is about 5.5 times greater than that of the emerging countries. The results hold after addressing endogeneity, self-selection, and large sample biases. Furthermore, brain gain is heterogenous by immigrant types. Skilled or creative immigrants tend to benefit the host countries about three times greater than the other immigrants. In addition, the Top 10 destination countries seem to attract the most creative people, thus harvest the most out of the talented immigrants. In contrast, we find countries of origin other than the Top 10 seem to send these creative people to the rest of the world.

Do Development and Democracy Positively Affect Gender Equality in Cabinets?

2015 ◽  
Vol 16 (3) ◽  
pp. 332-356 ◽  
Author(s):  
JOHN HÖGSTRÖM
Keyword(s):  
Economic Development ◽  
Gender Equality ◽  
Empirical Evidence ◽  
Comparative Studies ◽  
Developed Countries ◽  
Political Regimes ◽  
The World ◽  
Different Types ◽  
Negative Effect ◽  
Positive Effect

AbstractIt has been argued that economic development and democracy create new opportunities and resources for women to access political power, which should increase gender equality in politics. However, empirical evidence from previous research that supports this argument is mixed. The contribution of this study is to expand the research on gender equality in politics through an in-depth examination of the effect of development and democracy on gender equality in cabinets. This has been completed through separate analyses that include most of the countries in the world across three levels of development (least-developed, developing, and developed) and across different types of political regimes (democracies, royal dictatorships, military dictatorships, and civilian dictatorships). The results demonstrate that economic development and democracy only affect gender equality in cabinets positively in a few environments. Accordingly, the context is important and there seem to be thresholds before development and democracy have any effect. Development has a positive effect in developed countries and in democracies, but it has a negative effect in dictatorships, and the negative effect is strongest in military dictatorships. The level of democracy has a positive effect mainly in dictatorships, and the strongest effect is in civilian dictatorships. The article demonstrates the importance of dividing samples into subsets to increase understanding of what affects women's representation in cabinets in different environments, and I ask scholars to subset samples and run separate analyses more often in comparative studies.

scholarly journals Using fuzzy logic for evaluating the level of countries’ (regions’) economic development

2012 ◽  
Vol 59 (3) ◽  
pp. 293-310 ◽  
Author(s):  
Gordan Stojic
Keyword(s):  
Mathematical Model ◽  
Economic Development ◽  
Fuzzy Logic ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Industrial Growth ◽  
The Poor ◽  
The World ◽  
Level Of Economic Development ◽  
Per Capita

There are several divisions of countries and regions in the world. Besides geo-political divisions, there also are economic divisions. The most common economic division is the that on developed countries and the poor ones. These divisions are a consequence of the level of: GDP, GDP per capita, unemployment rate, industrial growth, and so on. The question is how to define a mathematical model based on which the following will be assessed: who is rich and who is poor, or who is economically developed and who is not? How the boundaries of transition from one category to another can be defined? This paper presents a model for evaluating the level of economic development of countries and regions using "fuzzy" logic. The model was tested on a sample of 19 EU member countries and aspirants for membership.

ICT in Regional Development

2005 ◽  
pp. 387-392
Author(s):  
Saundarjya Borbora ◽  
Mrinal Kanti Dutta
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Regional Development ◽  
Developing Economies ◽  
Developed Countries ◽  
The World ◽  
Information And Communication ◽  
Increase Productivity ◽  
Internet Connections ◽  
The Developed Countries

Economic development and information and communication technology (ICT) are found to move together in the present day era of globalization. ICT can contribute significantly in economic development of a region by providing adequate information at the minimum of time and cost, thereby enhancing productivity in different sectors of an economy. This fact is substantiated by several studies (Kraemer & Dedrick, 2001; Pohjola, 2001). Some country specific studies like that of Singapore (Wong, 2001) also highlighted similar results. ICT diffusion in the world has been quite rapid since the mid 1990s. While the developed countries have benefited substantially from the ICT growth, the developing countries could not reap similar benefits out of it which has resulted in emergence of a digital divide across the countries (Economist, 2000; Nkrumah, 2000; Norris, 2001). This divide is noticed not only across countries but also within a country and this is more prominent in developing economies like India. ICT diffusion is another area which needs more attention in India as it will lead to ICT access and application of ICT in real sectors to increase productivity and output. During the past one decade India has made rapid advances in ICT growth as reflected in the increase in the number of Internet connections and users. The growth of Internet connections and users in the country is shown in Table 1.

scholarly journals Endogenous or exogenous innovative development in companies on regional level? Case study - lubuskie voivoidship

Management ◽  
2012 ◽  
Vol 16 (1) ◽  
pp. 86-100
Author(s):  
Arkadiusz Świadek ◽  
Joanna Wiśniewska
Keyword(s):  
Economic Development ◽  
Endogenous Growth ◽  
Developed Countries ◽  
Regional Level ◽  
Growth Theory ◽  
Innovative Development ◽  
Comparable Rate ◽  
Endogenous Growth Theory ◽  
The World

Endogenous or exogenous innovative development in companies on regional level? Case study - lubuskie voivoidship At the moment endogenous growth theory has become increasingly popular in the world of science, particularly in developed countries. This article aims to show, for lubuskie case, the needs and sense of applying this theory in the Polish regions. Due to the low level of economic development of many Polish regions, including Lubuskie, they are unable to growth in a comparable rate as regions in developed countries. This explains the economic divergence between polish regions and the highly developed regions of Europe and the World. Stimulating economic growth are insufficient in such cases, because of the weakness of the internal factors in regions. Therefore it is important to strengthen an external impulses to keep internal development. It means that the endogenous growth theory is no reason to exist, in conditions of poor Polish regions. Without external inputs there can't be convergences processes. Therefore, the economic development of the of Polish regions should be based on the exogenous growth theory.

scholarly journals „Dzień przedsiębiorczości” - szansą na lepsze przygotowanie uczniów szkół ponadgimnazjalnych do wejścia na rynek pracy

2008 ◽  
Vol 4 ◽  
pp. 365-369
Author(s):  
Joanna Mrożek
Keyword(s):  
Young People ◽  
Market Economy ◽  
Business Environment ◽  
Governmental Organization ◽  
National Education ◽  
The World ◽  
Junior Achievement ◽  
The Ideal

The following paper presents a Job Shadow Day undertaken by the Junior AchievementFoundation, a non-governmental organization with the aim of preparing children and youthsto live in market economy and to allow young people to gain knowledge and practical capabili-ties that facilitate the realization of the plans for career.The Foundation works within the framework of Junior Achievement Worldwide – the oldestand fastest developing organization in the world, which is engaged in youth economic educationin more than one hundred countries. Junior Achievement Foundation pursues its objectivesin cooperation with the business environment, the Ministry of National Education and the Natio-nal Bank of Poland.Job Shadow Day allows young people to see in detail what the ideal job looks like, to learnabout its specifics, to find out about the required qualifications and indispensable skills. Suchan experience makes it possible to compare visions with reality and to have a better idea of the fu-ture job.

scholarly journals The Role of Education in Economic Development: A Comparison of South Korea and Kyrgyzstan

2018 ◽  
Author(s):  
Nargiza Sakmurzaeva
Keyword(s):  
Economic Development ◽  
South Korea ◽  
Technological Development ◽  
National Policy ◽  
Developed Countries ◽  
Developed Country ◽  
National Budget ◽  
The World ◽  
Small Economy

Education plays a big role in the economic development of the country. No country can achieve sustainable economic development without educated human capital. Education helps people to understand themselves and world. It improves the quality of their lives and leads to broad social benefits to individuals and society. Education is a very important in raising productivity of people and promotes technological development. The main purpose of this paper is to identify the role of education in the economic development by comparing South Korea and Kyrgyzstan which are represents developed and developing countries of the world. South Korea, for example, is a highly industrialized and developed country which educational system is in the list of the best 10 systems in the world. In opposite, Kyrgyzstan is an agricultural country which economy is dominated by minerals extraction, agriculture, and reliance on remittances from citizens working abroad. As a result of the research it can be concluded that education is a compulsory and one of the major tools for development of one country. A developing country with a small economy such as Kyrgyzstan should take an example from South Korea and allocate much money from the national budget for the education. So, it is important for Kyrgyzstan to implement educational policy of developed countries within the framework of national policy.

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