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entrepreneurial skills development

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entrepreneurial skills development
CHAPTER 1

1.0 INTRODUCTION

This research proposal discusses the causes and effects of poor entrepreneurial skills development amongst the youth in Gaborone. The study entails the background information of the study, statement of the problem, research objectives and questions, scope of the study, the hypothesis, and significance of the study, limitations and the definition of terms.

Entrepreneurship is a way of life that offers unlimited possibilities to those who truly believe in it and live by it. But at the same time, entrepreneurship is a way of life that can totally alter the course of your life if misunderstood. Entrepreneurship is not something you can fake your way through; you are either doing it right or not doing it right simple. There are no ways around it. (Thurik R 2009)

The development of entrepreneurial skills in Botswana is a major challenge and has been the topic of countless research. Nothing much has been done, however, to quell these problems and they continue to present themselves. I am going to investigate and assess the entrepreneurial skills development and find out its impact amongst young entrepreneurs in Gaborone.
1.1 BACKGROUND TO THE STUDY
Across the world, young people face real and increasing difficulty to develop their entrepreneurial skills with each passing day (Robinson J 2001). Studies of structural unemployment has also identified on a mismatch between the stock of job-specific human capital and the needs of the job market (Botswana Guardian 28 February 2014). With the need for economic diversification and a depletion of skills resource and the need for more competent and able entrepreneurs, Botswana’s best bet is to place emphasis on quality instead of quantity. Currently Botswana’s entrepreneurs’ are at a worrying nadir. (Botswana Guardian 28 February 2014).
According to McConnell C (2009.) An excellent education system is measured by the quality of academic results, scholarship attainment and the graduates



References: William Lazonick (2008), Entrepreneurial Ventures and the Developmental State: Lessons from the Advanced Economies Roy Thurik (2009) Entrepreneurship, Economic Growth and Policy in Emerging Economies Wim Naudé, (2010), ‘Entrepreneurship, Developing Countries and Development Economics: New Approaches and Insights’ Botswana Gazette ( 13-19 November 2013) Acemoglu. D, S. and J.A. Robinson. 2001a. The Colonial Origins of Comparative Development: An Empirical Investigation.. American Economic Review (December): 1369.1401. Botswana Guardian (February 28 2014) McConell C, Bruce S, and Fynn S (2009), Economics, 18th edition, McGraw-Hill Irwin, New York Kotler P J (2000), Marketing Morgan D (2001), The thinker’s tool kit:14 powerful techniques for problem solving Babson college, center for women entrepreneurship/leadership Nancy M, Mary L Williams and Paul D (1997), Discontinuance among new firms in retail: the influence of initial resources and strategy Malibaba K (2013), Youth Issues Schiffman L. And Kanuk L. (2000), Consumer Behaviour, 10th edition, Prentice Hall, New Jersey Mukherjee P.N (2009) Operations Management and Productivity Techniques, New Delhi Frank Wood and Alan Sangster (2000), Business Accounting 1, 10th edition, Prentice Hall. ABM UNIVERSITY COLLEGE

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