Entrepreneurship

Entrepreneurship

  • Submitted By: mohtadi89
  • Date Submitted: 01/11/2014 7:30 AM
  • Category: Business
  • Words: 681
  • Page: 3
  • Views: 141

An entrepreneur’s success is vital to the success of the world. Without entrepreneurs there would be no fire, no wheel, no electric bulbs, no internet, no innovations, no businesses, no evolution and no us. Entrepreneurship is undeniably the driving force behind a modern economy and global prosperity. Unsurprisingly, the most active and dynamic societies in the world are the ones that have the most entrepreneurs. If Lebanon truly wants to become one of those dynamic nations and a leader of innovation in the region which strive for economic growth and social development, then its universities must take on a deeper role in promoting, developing, nourishing, encouraging and educating students about entrepreneurship. Most students nowadays attend university with the goal to simply graduate, earn an MBA, make their family proud, and work towards a job that will hopefully pay well, elevate their social status, and put their career on a fast-track path to that corner office. Although there is nothing wrong with following the traditional path, few students have what it takes to inspire and challenge the status quo, ready to plan and execute their own business dreams. Universities in particular, are perfect candidates to take on this role of promoting innovation and must attempt to bridge the gap between the knowledge being learnt in the textbooks and the actual transfer of that knowledge into a new product or a new business. Universities must tear down the walls that themselves have created that separate them from the real world, the world of industries and businesses. Most student entrepreneurs can’t afford a full time team of business consultants, attorneys and accountants to help take their intangible ideas to the next level. However, student entrepreneurs have access to finance, accounting, legal and marketing professors. Ideally, these professors should be willing and capable of nurturing and supporting future entrepreneurs and help link them to alumni and other...

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