Friday, January 06, 2006

Instant Entrepreneurs? Just Add Water...

“In spite of the cultural aspirations towards being the boss and the involvement in family
enterprise, certain Taiwan officials also suggested that starting a SME is something that is
done only after proving you can be a good employee. For example, to qualify for
entrepreneurship training programs of the China Youth Career Development Association, the young person must be at least 23 years old and have 3-5 years of experience working for an employer.” (Patterns & Trends in Entrepreneurship/SME Policy & Practice in ten economies)

This excerpt from a report on Taiwanese SMEs got me worried somewhat that in the bid to develop an entrepreneurial class, our government may be in too much of a rush.

Case in point is the Graduates Assistant scheme or Scheme PROSPER Siswazah “aimed at inspiring, guiding and developing young Bumiputera graduates to be entrepreneurs in the retail sector.” The requirements appear a bit too simple and only require that candidates be able to finance a minimum capital of RM500 and attend all PUNB courses. Of course these candidates still have to go through some form of assessment and presentation of their business proposal but wouldn’t they be more successful if they had some exposure to the ‘real’ working world first?

Chicken or egg you say? If they were employable in the first place, they wouldn’t have needed to have ventured into their own business right? Well from the hoo-ha generated in last year’s headlines about how 60,000 Malaysian graduates couldn’t be employed, it appears it is not just the issue of choosing the wrong course of study but also that of attitude – students are simply being churned through the system to produce results with little emphasis on character building or communication skills. This blog talks extensively about the state of education in our country
http://educationmalaysia.blogspot.com/

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