Promotion of entrepreneurship, innovation and creativity in the Mediterranean regions is more important than ever. An analysis of the current trends in Mediterranean countries suggests that there is a need for better strategies to promote development in the MED regions.
Innovation and entrepreneurship remain the two main focus areas – and the educational system can bring in an amalgamation of creativity, experiential learning, skill building and most importantly, a shift in the mindset of the people. Innovation and entrepreneurship in the education system play an important role in shaping attitudes, skills and culture in the economy.
Education – The Guarantee to Sustainable Growth
Education can be a powerful weapon. The implementation of the entrepreneurial idea through education will reflect the progression in the level of skills and qualifications students need to acquire in the course of their education. MED countries need to focus on a better education system with better 21st century skills. Some of the best ways to ensure that the nation produces better entrepreneurs will be to focus on the following.
- Active and Practical Learning
- Learning beyond the Classroom
- Innovative thinking strategies
Exploring New Possibilities – Innovation and Modern Entrepreneurship
With improvement in the education system, the list of success stories of entrepreneurs is growing longer.
In the MED regions, over the last five years, 15% of the working population in Morocco and 10% in Lebanon have started an entrepreneurial activity of some sort. The European Union average remains about 6%. Countries like Algeria and Slovenia also registered good development in starting innovative entrepreneurial activity.
MED projects are working to encourage and develop innovation and modern entrepreneurship through increased educational facilities.
