ISLAMABAD: Experts have underlined the importance of promoting creative and innovative entrepreneurship for harnessing the potential of over 65% young population of the country with an aim to make them job creators rather than job-seekers.
They expressed these views at the two-day ‘Annual Entrepreneurship Conference: Learn, Create and Lead’, organised by the Entrepreneurship Development Institute at the Convention Centre of Pakistan.
“Pakistan has more than 65% of youth population that is below 25 years of age; there is an urgent need for innovative use of modern technology and resources to harness this potential for constructive purposes,” said Higher Education Commission Chairman Dr Mukhtar Ahmed.
He said there were 100 public-sector and 73 private-sector universities in the country and some of them have already introduced entrepreneurship courses in their curricula, but there is still a need for more in many other universities.
“HEC is planning to establish centres for entrepreneurship in universities to facilitate the youth; we also encourage universities to pursue applied research for innovative entrepreneurship,” Ahmed said and underlined the need for establishing maximum technology parks in universities for providing one-window opportunity to the youth to develop their entrepreneurship skills at the academic level.
“We have already established one such park in the National University of Science and Technology with the support of China.” National Commission for Human Development Director General Orya Maqbool Jan said, “Entrepreneurship is not a concept of the modern world; it was founded by Prophet Mohammad (PBUH) centuries ago, who was the greatest innovative entrepreneur.”
He introduced justice, principle and ethics-based entrepreneurship, while the modern corporate culture compromises on these three points, Jan said.
Ace Consultant CEO Faez H Syel suggested that policy-makers and authorities should make traditional sectors like plumbing, farming, automobile and small mechanical works the focus of modern entrepreneurship training so that a large chunk of the population could benefit from it.
Neya Tel CEO Siraj Tahir said, “You cannot make a business a success without taking initiative. There is no need for higher education to be a good and creative entrepreneur or to have huge monetary resources. You only need ideas and commitment to accomplish them.”
Published in The Express Tribune, November 29th, 2015.
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