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www.benovate.biz Start > Youth Employability in Recession times Youth Employability in Recession times Intra/ Intra/ Enter- Enter- Preneurhip , Training Preneurhip , Training Ecosystems and Behavioral skills Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate By Patrick Crasson – Managing Partner BeNovate

Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

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Page 1: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

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Youth Employability in Recession timesYouth Employability in Recession times Intra/Intra/Enter-Enter-Preneurhip , Training Preneurhip , Training Ecosystems and Behavioral skillsEcosystems and Behavioral skills

From STEM to STEM+ : STEMIEA From STEM to STEM+ : STEMIEA

By Patrick Crasson – Managing Partner BeNovateBy Patrick Crasson – Managing Partner BeNovate

Page 2: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

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Page 3: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Human competencies = main input in economic growth, generating endogenous growth thanks to a continuous process of knowledge and externalities accumulation

Inno-Preneurship = the key to long-term economic prosperity as it develops the firm's capacities because it encourages them to invest regularly in human capital and to accumulate competencies (Bartel and Liechtenberg, 1987).

Technological innovations increases the capacity of training and of absorption of the workers, young people should be better prepared herefore as adults ....

But also : Employment and Entrepreneurship are directly linked to skills (training) -> enforces employability and Innovation = acceleration factor for economical growth.

European Framework programs (Leonardo da Vinci/Erasmus/Jean Monet/ etc ...) : Inno-preneurship projects are key

Inno-Preneurship and Competencies

Page 4: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Quote from EC : “Europe must be prepared to meet the challenges of new competitors not only in products, but in the generation and application of knowledge; but it should also be prepared to benefit from the capacity in these fields of emerging markets, by incorporating them into innovation networks and providing an attractive working environment”

Competitiveness is driven by Innovative Processes and Workers, those next generation workers are our young people...

Innovation and related Entrepreneurship looks risky as it gives a first impression to destroy before it rebuilds for a better future but it is the price to pay and thus it of outermost importance to support this

Innovation and Employment

Page 5: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

M.Drucker on “ Innovation & Entrepreneurship”“ Innovation & Entrepreneurship”

Transformational Entrepreneurs create innovative solutions to the world's biggest problems that are scalable, sustainable and systematic.

Schools /Universities / VET : create the leaders and workers of tomorrow : LLL is a reality but a lot is still to be done there !

VET organization start to learn Entrepreneurship to their trainees with the shift in employment but transition is too slow !

More and more next-generation workers will be Intra/Entrepreneurs ...They will become the entrepreneurs of their own life...

Innovation and Entrepreneurship

Page 6: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Need to shift from Planned Economy patterns to the Transformational one...following last OECD study : young enterprises generate 50% + of employment... Learn them (as early as possible) SMTM (Show Me The Money ) basics ..

Shift our future workforce from 'Followers' to 'Solvers' and finally 'Makers' ... (cfr C.Anderson)

An Important skills gap is perceived by enterprises especially in the interpersonal/soft ones ...schools and parents lost their (essential) role here ... this is an important societal issue for this generation !

Schools to connect our future workers with the economy and society as early as possible : make them excited about their future: need for a strong ecosystem here & enthusiast professionals make enthusiast students : immersion of professional “rock-stars ” are at least so important for schools as PhD'ers...

STEM (Science Engineering Technology Mathematics) to move to STEMIEA ( + Innovation + Ethics + Attitude ) and move from verticality to transversality in term of solution building...

Inno-Preneurial Skills and Youth : from STEM to STEMIEA

Page 7: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

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Conclusions

Page 8: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

ConclusionsInno-Preneuship gives “ ex-ante” approach vs the “ex-post” one in the mapping between training and (re)employment .

Inno-Preneuship is and should become more and more a high priority of Europe /Governments / Regions and a transversal vector for economical and social improvement.

Inno-Preneuship provides al the elements and change allowing to move ahead more efficiently and to create more competitive products and services helping directly to a better self-development for the workers and better business competitiveness and thus to a better employability .

Inno-Preneuship is driven by an Intra/Entrepreneurial spirit : let's facilitate it & let's create a natural ecosystem where corporates meet startup's and Spinn-off's to generate next generation Innovation :

Embracing Inno-Preneurship is embracing the Future thus Recovery !

We have here a strong responsibility building the right Ecosystemright Ecosystem for our Young Workers NOW:

Nb: ( did you know that New-Zeeland that has implemented end April 2012 a Ministry of Business, Innovation and Employment ... ? )

Page 9: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Thank you !

Patrick Crasson – Managing Partner BeNovate

+32496708501

[email protected]

Page 10: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

[email protected]

[email protected]

BBeeNNovate Headquartersovate Headquarters

9 avenue des Hauts-Fourneaux L-4362 Esch-sur-Alzette LuxembourgMobile : +352661709501

Let's make Innovation Happen !Let's make Innovation Happen !

Want to contact us ?

Page 11: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Spare : Context setting – CIBAM/1Some Macro-Economics – Innovation cycles...

We areWe are here...here...

From physical to virtual to cloud ... From individual production to mass production to personalized mass-production... From a short life to a long life ... From local to global and from global to “globalocalized” From organized to fuzzy-structured From relational to connectional From Patents to IP Brokerage

All those evolving paradigms are changing our life, our earth, our needs & our economy All those evolving paradigms are changing our life, our earth, our needs & our economy

Page 12: Youth Employability in Recession times · Intra/Enter-Preneurhip , Training Ecosystems and Behavioral skills From STEM to STEM+ : STEMIEA By Patrick Crasson – Managing Partner BeNovate

Europe is in an important cunjunctural crisis due to an economic & social transition (from K5 to K6) : Schumpeter would have described the current phase (Recession) with a “destructive creativeness” one ...

Competition and import (products and services/people) should more than ever accelerate need for Innovation and Intra/Entrepreneurial behavior.

Internet Economy is (still) looking for a real alignment with traditional economy in terms of economical model and (re)distribution of generated wealth is there still for happy few ...

Biggest effects of taken measures will probably attained after a medium to long period as a Depression period will follow...- > need for a sustainable Plan/Strategy supported by the right skills and attitudes !

Spare : What does it tell us...? (ctn'ed-)