Foto

: Jo

Mic

hael

Learning by doing: Young entrepreneurshipConfederation of Norwegian Enterprise Espen N. Evensen

How do private companies invest in young

peopleʼs entrepreneurial skills?

Why do private companies invest in young

peopleʼs entrepreneurial skills?

3 why’s

Bringing education closer to business - and vice versa

Boost creativity and an entrepreneurial mindset Understanding the complexity and uncertainty

of business

Understanding business

Less than half the workforce is employed in private companies

The majority needs to understand business and its importance in the finance of public services Teachers Nurses Social workers Police

and indeed: politicians themselves

Bringing education closer

Boosting creativity

6

Profit margin – NHO member companies (excl. Oil & gas)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 20100

1

2

3

4

5

6

7

4.8

4.1

3.73.5

2.1

4.3

5.3

6.5

4.89

4.2

3.5

Oestfold Total mainland

Per cent operating profit on operating revenue

7

What prevents your company from new investments?

Funding and finance

Incapable of change

Lack of skilled labour

Cost competive weakness

Legal and regulatory uncertainty

Pricing

Reduced volumes

10 20 30 40 50

Q1 2011 Q4 2010

Andeler som svarer stor utfordring

Kilde: NHO/Næringslivets Økonomibarometer

How do private companies invest in young

peopleʼs entrepreneurial skills?

• Showing what business can be about

• Guidance and inclusion of thos who show genuine entrepreneurship

• Funding and participation in Young Entrepreneurship bodies

Can entrepreneurship be taught?

Entrepreneurs

Can learn the tools and general regulations that business has to operate within

Can receive feedback and gain experience and motivation from Young Entrepreneurship summits

Have to have a hunger and passion for commercial success.

Passion cannot be taught, but By good teaching it can be enhanced By poor teaching is can be strangelled