Opportunities and Challenges for Entrepreneurial Activity and Non-Entrepreneurial Engagement in Colombia

2016 ◽  
pp. 170-198
Author(s):  
Luis Javier Sanchez-Barrios ◽  
Eduardo Gomez-Araujo ◽  
Liyis Gomez-Nuñez ◽  
Sandra Rodriguez
Keyword(s):  
High Growth ◽  
Entrepreneurial Activity ◽  
General Context ◽  
Knowledge Based ◽  
Doing Business ◽  
Knowledge Based Economy ◽  
Business Creation ◽  
National Expert ◽  
Traditional Economy ◽  
Innovation Policies

This chapter explores various aspects that might be associated with entrepreneurial activity and non-entrepreneurial engagement in Colombia between 2010 and 2012. These ratios were calculated from the GEM-Colombia report between 2010 and 2012. Aspects were obtained from the National Expert Survey (NES) of the GEM project and from the Doing Business Study. Sommer's d correlation was used to test significant association. Results show that in general, context conditions in Colombia are adequate to start a business. Positive aspects include public policies to stimulate business creation, skilled specialist teams and reduction in processes required to formally establish an SME. Yet further substantial advance need to be made in terms of access to financial resources, access to technology that is relevant for microbusinesses, implementation of innovation policies and education in entrepreneurship. This is required to enhance the creation of high growth businesses that result in a knowledge-based economy in contrast with a prevalent traditional economy as is the case at present.

Opportunities and Challenges for Entrepreneurial Activity and Non-Entrepreneurial Engagement in Colombia

2017 ◽  
pp. 1910-1932
Author(s):  
Luis Javier Sanchez-Barrios ◽  
Eduardo Gomez-Araujo ◽  
Liyis Gomez-Nuñez ◽  
Sandra Rodriguez
Keyword(s):  
High Growth ◽  
Entrepreneurial Activity ◽  
General Context ◽  
Knowledge Based ◽  
Doing Business ◽  
Knowledge Based Economy ◽  
Business Creation ◽  
National Expert ◽  
Traditional Economy ◽  
Innovation Policies

This chapter explores various aspects that might be associated with entrepreneurial activity and non-entrepreneurial engagement in Colombia between 2010 and 2012. These ratios were calculated from the GEM-Colombia report between 2010 and 2012. Aspects were obtained from the National Expert Survey (NES) of the GEM project and from the Doing Business Study. Sommer's d correlation was used to test significant association. Results show that in general, context conditions in Colombia are adequate to start a business. Positive aspects include public policies to stimulate business creation, skilled specialist teams and reduction in processes required to formally establish an SME. Yet further substantial advance need to be made in terms of access to financial resources, access to technology that is relevant for microbusinesses, implementation of innovation policies and education in entrepreneurship. This is required to enhance the creation of high growth businesses that result in a knowledge-based economy in contrast with a prevalent traditional economy as is the case at present.

A Finnish Concept for Academic Entrepreneurship

2008 ◽  
Vol 22 (1) ◽  
pp. 19-28 ◽  
Author(s):  
Kari Laine
Keyword(s):  
Applied Sciences ◽  
Higher Education ◽  
Knowledge Creation ◽  
Basic Research ◽  
Entrepreneurial Activity ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
University Of Applied Sciences ◽  
Potential Applications

In a knowledge-driven economy there is a growing need for deeper and more productive interaction between higher education and industry. The full exploitation of knowledge requires strategies, incentives, appropriate systems and strong interaction between the transfer processes and the main processes in higher education. In a knowledge-based economy, knowledge is more likely to be created if there is collaboration on the potential applications. In such a knowledge creation process, the creation, dissemination and utilization of knowledge are carried out in quick succession or even simultaneously. Also, basic research and applied research can no longer be separated. Knowledge creation is, in many cases, achieved through long-term partnerships based on trust, commitment and mutual benefit. This paper explores ways of supporting and creating entrepreneurial activity in higher education. It studies the case of Satakunta University of Applied Sciences in Finland.

ICT as an Example of Industrial Policy in EU

2011 ◽  
pp. 1683-1689
Author(s):  
Morten Falch ◽  
Anders Henten
Keyword(s):  
Industrial Policy ◽  
High Growth ◽  
Substantial Part ◽  
The European Union ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Wide Range ◽  
Information And Communication ◽  
Productivity Gains ◽  
The Eu

A substantial part of the economic growth that has taken place within the past 2 decades is related to information and communication technology (ICT). First, the ICT sector itself has achieved very high growth rates. Second, productivity gains in other sectors have been achieved, to a large extent, through implementation of ICT-related innovations. It is, therefore, no surprise that ICT plays an important role in virtually all industrial policy programs. Policies stimulating e-government are one of the ingredients in such programs. In 2000, the leaders of the European Union (EU) adopted the Lisbon strategy to make the EU the most dynamic and competitive knowledge-based economy in the world (CEC, 2000). ICT was seen as a key component in achieving these goals1, and a special program—eEurope—has been designed to realize the Lisbon goals in the ICT area. This program is, however, also a continuation of a wide range of ICT initiatives taken by the EU Commission since 1984.

A general model for training the next generation of Biotechnology entrepreneurs based on recent experience of USA-UK-South Africa collaborations

2012 ◽  
Vol 18 (3) ◽  
Author(s):  
Karl J. Kunert ◽  
Blessed Okole ◽  
Barend J. Vorster ◽  
Nicholas J. Brewin ◽  
Christopher A. Cullis
Keyword(s):  
Work Force ◽  
Biotechnology Industry ◽  
Entrepreneurial Activity ◽  
Recent Experience ◽  
Professional Lives ◽  
Job Market ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Personal Skills ◽  
Commercial Applications

Preparing students for future entrepreneurial activity in the biotechnology industry is an important issue in many parts of the world because most countries seek to reap the benefits of investments in university-based teaching and research through the development of a knowledge-based economy driven by a highly skilled work force. The current generation of biotechnology students will begin their professional lives in a globalized society. This means that flexibility, creativity and critical thinking are essential personal skills that need to be cultivated by students at universities in order for graduates to be competitive in the job market of a fast-moving world. It is no longer sufficient for universities to teach students to be passionate about science and to enjoy learning and discovering new things. Biotechnology students, in particular, need to be trained to identify the connections between science and its commercial applications.

scholarly journals The Economic and Social Value of Fostering Entrepreneurship Education

2017 ◽  
Vol 7 (9) ◽  
pp. 783-799
Author(s):  
Nur Hazelen Mat Rusok ◽  
Naresh Kumar ◽  
Khamisah Abd Manaf
Keyword(s):  
Technological Development ◽  
Entrepreneurship Education ◽  
Education Institution ◽  
Entrepreneurial Activity ◽  
Development Economic ◽  
Continuous Assessment ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
The Government ◽  
The Impact

Students and alumni reported a weak desire for a transition towards entrepreneurship despite endless support from the government and the higher education institution (HEI). Indeed alumni and students prefer more security and stability in working life. The survey results show that it is easier for graduates to find employment immediately after their graduation. Besides, it turns out that alumni have opportunities to display their creativity and to come up with new ideas in their current job. Similarly, the students reported that they are able to display creativity in whatever activities they are involved. The impact of entrepreneurship education on society and economy were average. The study implies that HEIs should focus in developing greater levels of innovative entrepreneurial activity to support students in identifying viable entrepreneurial opportunities and new venture creation. Continuous assessment is vital to realign the entrepreneurship education and become the agent of industrial innovation, technological development, economic development and social development especially in the context of growing knowledge-based economy.

ICT as an Example of Industrial Policy in EU

2011 ◽  
pp. 947-951
Author(s):  
M. Falch
Keyword(s):  
Industrial Policy ◽  
High Growth ◽  
Substantial Part ◽  
The European Union ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Wide Range ◽  
Information And Communication ◽  
Productivity Gains ◽  
The Eu

A substantial part of the economic growth that has taken place within the past 2 decades is related to information and communication technology (ICT). First, the ICT sector itself has achieved very high growth rates. Second, productivity gains in other sectors have been achieved, to a large extent, through implementation of ICT-related innovations. It is, therefore, no surprise that ICT plays an important role in virtually all industrial policy programs. Policies stimulating e-government are one of the ingredients in such programs. In 2000, the leaders of the European Union (EU) adopted the Lisbon strategy to make the EU the most dynamic and competitive knowledge-based economy in the world (CEC, 2000). ICT was seen as a key component in achieving these goals1, and a special program—eEurope—has been designed to realize the Lisbon goals in the ICT area. This program is, however, also a continuation of a wide range of ICT initiatives taken by the EU Commission since 1984.

ICT as an Example of Industrial Policy in EU

2008 ◽  
pp. 882-888 ◽  
Author(s):  
Morten Falch ◽  
Anders Henten
Keyword(s):  
Industrial Policy ◽  
High Growth ◽  
Substantial Part ◽  
The European Union ◽  
Knowledge Based ◽  
Knowledge Based Economy ◽  
Wide Range ◽  
Information And Communication ◽  
Productivity Gains ◽  
The Eu

A substantial part of the economic growth that has taken place within the past 2 decades is related to information and communication technology (ICT). First, the ICT sector itself has achieved very high growth rates. Second, productivity gains in other sectors have been achieved, to a large extent, through implementation of ICT-related innovations. It is, therefore, no surprise that ICT plays an important role in virtually all industrial policy programs. Policies stimulating e-government are one of the ingredients in such programs. In 2000, the leaders of the European Union (EU) adopted the Lisbon strategy to make the EU the most dynamic and competitive knowledge-based economy in the world (CEC, 2000). ICT was seen as a key component in achieving these goals1, and a special program—eEurope—has been designed to realize the Lisbon goals in the ICT area. This program is, however, also a continuation of a wide range of ICT initiatives taken by the EU Commission since 1984.

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