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Joint Inter-Governmental Conference Parliamentary Assembly of the Mediterranean & United Nations Inter-Agency Cluster on Trade and Productive Capacity Geneva 31 May 2013. Entrepreneurship and small and medium-sized enterprise development: UNCTAD’s EMPRETEC Programme. Fiorina Mugione

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entrepreneurship and small and medium sized enterprise development unctad s empretec programme

Joint Inter-Governmental ConferenceParliamentary Assembly of the Mediterranean &United Nations Inter-Agency Cluster on Trade and Productive CapacityGeneva31 May 2013

Entrepreneurship and small and medium-sized enterprise development:UNCTAD’s EMPRETEC Programme

Fiorina Mugione

Officer-in-Charge

Enterprise Development Branch

entrepreneurship after the economic crisis a global shift
Entrepreneurship after the economic crisis: a global shift

As a result of the two-speed recovery from the economic crisis, entrepreneurial dynamism has been shifting towards developing countries…

Entrepreneurs positively evaluating current business opportunities, %

2012

Source: UNCTAD analysis based onGlobal Entrepreneurship Monitor reports 2007–2012

entrepreneurship the informal sector and youth
Entrepreneurship, the informal sector, and youth
  • …but a lot of this entrepreneurial activity still happens outside the formal sector. Globally, the informal sector is 35% of countries’ official GDP.
  • 1.8 billion youth aged 10–24 (113 million in PAM Member States & Associate Member States)
  • 73 million young people unemployed globally

Size of informal sector

(% of official GDP)

Source: Schneider, Buehn and Montenegro (2010)

policy support for enabling business environment
Policy support for enabling business environment

108 countries enacted

201 regulatory reforms

in 2012

Source: UNCTAD analysis, based on World Bank, Doing Business 2013

slide5
The UNCTAD Entrepreneurship Policy Framework comprises six areas that have a direct impact on entrepreneurial activity

www.unctad.org/epf

www empretec net
www.empretec.net

More than 300,000 empretecos have been trained globally, of which 30% are women

In Jordan:

personal entrepreneurial competencies
Personal entrepreneurial competencies

Opportunity-seeking and initiative

Entrepreneurs seek opportunities and take the initiative to transform them into business situations.

Persistence

When most people tend to abandon an activity, successful entrepreneurs stick with it.

Fulfilling of commitments

Entrepreneurs keep their promises, no matter how great the personal sacrifice.

Demand for quality and efficiency

Entrepreneurs try to do something better, faster or cheaper.

Calculated risk-taking

Taking calculated risks is one of the primary concepts in entrepreneurship.

Goal-setting

This is the most important competency because none of the rest will function without it. Entrepreneurs set goals and objectives which are meaningful and challenging.

Information-seeking

Entrepreneurs gather information about their clients, suppliers, technology and opportunities.

Systematic planning and monitoring

Systematic behaviour means acting in a logical way. Planning is deciding what to do.

Monitoring means checking.

Persuasion and networking

Entrepreneurs influence other people to follow them or do something for them.

Independence and self-confidence

Entrepreneurs have a quiet self-assurance in their capability or potential to do something.