UNECE TESTIMONY- Entrepreneurial Culture Development

Topics: Entrepreneurship, Entrepreneur, Entrepreneurship education Pages: 46 (14444 words) Published: November 5, 2013
TESTIMONY SUBMITTED

BEFORE THE UNITED NATIONS ECONOMIC COMMISSION FOR EUROPE (UNECE) AT THE PALAIS des NATIONS
Geneva, Switzerland
February 10, 2005
IN
A GLOBAL FORUM ON:
“PROMOTING ENTREPRENEURSHIP FOR ECONOMIC GROWTH, PRODUCTIVITY AND EMPLOYMENT IN THE UNECE REGION.”

TESTIMONY SUBMISSION TITLE:
“A CALL TO ACTION FOR THE DEVELOPMENT OF
AN ENTREPRENEURIAL CULTURE FOR ALL UNECE MEMBER NATIONS
VIA ENTREPRENEURSHIP EDUCATION.”
Submitted: February 10, 2005
Presented By:
MICHAEL J. CASLIN, III, CEO,
NATIONAL FOUNDATION FOR TEACHING ENTREPRENEURSHIP (NFTE)
120 Wall Street, 29th Floor
New York, NY 10005
212-232-3333 ext. 330/fax- 212-232-2244
EMAIL -michaelc@nfte.com WEBSITE- www.nfte.com
============================================================================ “Entrepreneurship is more than just starting new businesses. It is a way of thinking, learning, behaving that links knowledge with actions that create new ventures or turn tired firms into vibrant companies. And anyone can get started by building a bridge between entrepreneurial learning and doing. For example, at NFTE, the aim is for students to achieve economic self-sufficiency and we give them the essential tools to start right now toward achieving that goal.” Dr. Stephen Spinelli, Vice Provost, Entrepreneurship, Babson College ============================================================================ “Having entrepreneurial skills− balancing opportunities with resources and skills needed to realize them− is a way of managing that is necessary to compete in a world of great complexity and rapid change.”

Dr. Howard Stevenson, Harvard University Graduate School of Business ============================================================================ To apply to bring NFTE to your country go to:
www.nfte.com; click on “Start a NFTE Program”, Fill in “Become a NFTE Program Partner Application” or
Email: Victor Salama, Director, NFTE Office Of Program Partnerships –victors@nfte.com Copyright  2005 by Michael J. Caslin, III

1

OPENING REMARKS
Honored members of this UNECE Forum, as CEO of the National Foundation for Teaching Entrepreneurship (NFTE), I am honored to submit testimony exploring how and why entrepreneurship can and must be promoted in order to create higher standards of living for the citizens of UNECE member nations.

As an NGO, NFTE’s mission is to teach entrepreneurship to young people from low-income communities to enhance their economic productivity by improving their business, academic and life skills. Our vision is to promote universal entrepreneurship literacy for those youth most in need. It is our firm belief, backed by 17 years of effort around the world, that wealth creation is the most effective anti-poverty program. At NFTE, we focus on inspiring a “first generation entrepreneurs” amongst young people from low-income communities who with the right tools and support can begin to believe in themselves and tap into their capabilities. In the end, we will be measured by our ability to inspire and support an entrepreneurial culture and a generation of entrepreneurial thinkers, believers and achievers who know the rule of law, have an ownership and market mentality, innovation and philanthropic ethic, are self-governing and responsible and productive.

There are greatly conflicting economic and demographic trends facing us and this is why we gather here today. For example, David Rothkopf of the Washington Post has written a riveting article predicting, in my opinion, the coming of a human tsunami created by economic fault lines. It is titled, “The Coming Battle of the Ages.” And the following trends are ominous if we fail to act. Rothkopf states, “Demography is, in fact, destiny: Half the people in the world today are under 24 years of age. Of these, nearly nine out of 10 live in the developing world. One billion of them will need jobs in the next decade – 60 percent of them are in Asia, 15 percent are in Africa. For...
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