APEC Youth Innovation and Entrepreneurship: Inclusive Growth and Collaborative Connectivity for Young Entrepreneurs

Transcription

1 2018/SOM1/HRDWG/EDNET/008 Agenda Item: 6.23 APEC Youth Innovation and Entrepreneurship: Inclusive Growth and Collaborative Connectivity for Young Entrepreneurs Purpose: Information Submitted by: Human Resources Development Working Group Education Network Meeting Port Moresby, Papua New Guinea 28 February 1 March 2018

2 APEC Youth Innovation & Entrepreneurship: Inclusive Growth & Collaborative Connectivity for Young Entrepreneurs

3 OUTLINE Relevance Alignment Objectives Methodology Beneficiaries 2

4 3 Problem APEC One Members Relevance - Problems Youth and Total Unemployment in 2015 (% of Labour Force) APEC Members Total unemployment Youth unemployment Australia Youth Unemployment Crisis Brunei Darussalam Canada Youth unemployment is 300% as much of the Chile overall unemployment rate. People's Republic of China Hong Kong Origin Indonesia Japan Republic of Korea EU Youth Unemployment Rate and Overall Unemployment Rate (%) Malaysia Mexico Total unemployment 4.3 Youth unemployment 8.8 New Zeland Papua New Guinea Peru The Philipines Russia Singapore The United States Thailand Viet Nam Source: Eurostat (une_rt_q) and (lfsi_act_a) OECD (2018), Unemployment rate (indicator). doi: /997c8750-en (Accessed on 23 January 2018) Source: United Nations Human Development Report, 2016 (Accessed on 1 February 2018) Statistics of, 2016 (Accessed on 23 January 2018)

5 4 Problem Two Relevance - Problems Labor force participation rate 2015 (APEC members)(% ages 15 and older) APEC Members Female Male Women Australia Economic58.6 Inclusion Issue 70.9 Brunei Darussalam Canada Chile People's Republic of China Hong Kong Indonesia Japan Republic of Gender Korea Gap in Labor 50 Force 71.8 Malaysia Mexico New Zeland Gender gaps in labor force participation have a negative impact on economic growth (Klasen & Lamanna, 1990). Papua New Guinea Peru The Philipines Russia Singapore The United States Thailand Viet Nam Source: United Nations Human Development Report, 2016 (Accessed on 1 February 2018) Statistics of, 2015 (Accessed on 1 February 2018)

6 Problem Three Relevance - Problems Coming of Age in the Digital Era Digital Impact & Regional Connectivity Elimination of geographical distance and informational asymmetry (The World Bank, 2016). 5

7 Benefit One Relevance Benefits to Region Importance of Entrepreneurship Rising Employment Rate and Economy of the Region Entrepreneurs are widely believed to play an important role in terms of job creation (Malchow-Møller & Schjerning & Sørensen, 2011). We should recognize the importance of, and systematically inquire into, entrepreneurship as a factor of economic growth (Schumpeter, 1947). 6

8 Benefit Two Relevance Benefits to Region Gender Inclusion & Entrepreneurship Greater inclusion of women in the regional economy is high on APEC s agenda (APEC, 2017). Entrepreneurship encourages females to be innovative and inspires their talent. 7

9 Benefit Three Relevance Benefits to Region Proportion of individuals using the Internet, by age group, latest available year (2009/2010) Avid & Faster Learners Enthusiasm demonstrated by young people for technology and their capacity to learn to use it quickly (UN-Habitat, 2012, p.5)." Under 25 Over 25 8 (UN-Habitat, 2012, p.6)

10 Relevance Capacity Building Long Term Replicability Innovation Inclusiveness & Enabling Continuity & Sustainability 9

11 Alignments - APEC Priorities Engaging more people in the activities to increase connectivity. Strengthening inclusive growth through structural reform. Digital economy is transforming economies and societies, harnessing new growth contributing to creating new jobs, generating efficiencies, increased productivity and inclusive sustainable growth. 10

12 Objectives Promoting innovative and digital entrepreneurship that would benefit regional economy. Information exchange among young entrepreneurs both domestically and globally within APEC region. Strengthening regional connectivity and inclusive growth. 11

13 Methodology Work Plan: Forum & Visit The Forum for Innovation and Entrepreneurship Day 1 Forum: Academia & Public Sector Support Practice & Operation Networking session (20 mins) Afternoon Visit: Taipei Tech. Innovation & Incubation Center Day 2 Forum: Experience & Knowledge Sharing of APEC Regional Startups Networking session (20 mins) Afternoon Visit: Nankang Software Park Neihu Technology Park Evening Tour: Taipei 101 Day 3 Forum: Female Entrepreneurship Networking session (20 mins) Afternoon Visit: Songshan & Huashan Creative Park Red Candle Games (Manufacturer of 返校 Detention ) 12

14 Methodology Work Plan: Forum & Visit Day 1 Forum I &II I. Academia & Public Sector Support Policies on innovation and entrepreneurship integration of entrepreneurship in higher education II. Practice & Operation Analysis of current APEC regional business market expounding basic knowledge of entrepreneurship Speakers I. Competent authorities, start-up hubs, and business incubators aided by public sectors II. Venture Capitals enterprises & accelerator ventures Day 1 Visit Taipei Tech Innovation & Incubation Center 13

15 Methodology Work Plan: Forum & Visit Taipei Tech 14

16 Methodology Work Plan: Conference & Visit Day 2 Forum III Experiences And Knowledge Sharing of APEC Regional Startups Speakers Startups in and other APEC member economies Day 2 Visit Nankang & Neihu Technology Park, Taipei

17 Neihu Taipei 101 Nangkang 16

18 Methodology Work Plan: Forum & Visit Day 3 Forum IV Female Entrepreneurship - Business opportunity for female entrepreneurship - How to further enhance female to set up business Speakers - Female entrepreneurs/innovators and official organs responsible for female startup Day 3 Visit Songshan & Huashan Creative Park Red Candle Games (Manufacturer of 返校 Detention ) 17

19 Methodology Work Plan: Forum & Visit Songyan Huashan 18

20 Methodology Work Plan: Forum & Visit Red Candle Games 19

21 Methodology Work Plan: Website More information at our website. 20

22 Key Dates Application Deadline Aug. 31 st, 2018 Contact information Conference Dates Oct. 24 th 26 th,

23 Thank You 22