ENTREPRENEURSHIP TREPRENEURSHIP IN IN EDU DUCATI CATIONA NAL L - PowerPoint PPT Presentation

ENTREPRENEURSHIP TREPRENEURSHIP IN IN EDU DUCATI CATIONA NAL L SYS YSTEM TEM INSI SIGH GHTS TS PR PRES ESENT ENTED ED TO TO KENYA SECONDARY SCHOOLS HEADS ASSOCIATION MOMBASA, A, KENYA nd June 22 22 nd ne 2018 18 By By Pro rof. Olive ve M. Mu Muge gend nda, a, Ph. h.D., , EBS, CBS CLIG: : Mentoring toring leaders ders for Excellence ellence

THANK YOU ❏ Thank you Chair Mr. Indimuli and Your Team for inviting me to come and talk to you once again. ❏ Congratulations to you all for the great work you do in your respective schools. ❏ Having been KU head for 10 years until 2016, I’m aware of the challenges of day to day running of an institution and all the stakeholders you have to deal with and I know it's not easy and I wish you all the best. CLIG: : Mentoring toring leaders ders for Excellence ellence

Plan n Of The Pre resentatio sentatio n n ❏ The concept ❏ Entrepreneurial Ecosystem ❏ Some global comparisons. ❏ Successful entrepreneurial high school and tertiary models ❏ Some examples of successful entrepreneurs who originated from school systems ❏ Challenges of entrepreneurial systems ❏ Entrepreneurial high school model that works ❏ Suggested way forward ❏ Conclusion CLIG: : Mentoring toring leaders ders for Excellence ellence

What at Do Does s The he Co Conc ncep ept t Mean an ❏ “Entrepreneur" is a loan word from French meaning “to do something” or “to undertake” . ❏ Entrepreneurship is the process of designing, launching and running a new business, ❏ Entrepreneurship is therefore the pursuit of opportunity. CLIG: : Mentoring toring leaders ders for Excellence ellence

Meaning Continued…. ❏ Opportunity implies an offering that is interestingly new in either: 1) Pioneering an innovative product; 2) Devising a new business model from an existing business; 3) Creating a better or cheaper version of an existing product or service; 4) Targeting an existing product or service to new segments of customers. 5) Addressing a need out of an eventuality or a happening. CLIG: : Mentoring toring leaders ders for Excellence ellence

Classifi Cl ssification cation Of The e Co Concept ept ❏ Seasoned Entrepreneurs The successful ones running big or small companies ❏ Prospective Entrepreneurs The aspiring ones- whether young or old ❏ Young Entrepreneurs The youthful ones just starting or successful ❏ Social Entrepreneurs The ones who focus on public good CLIG: : Mentoring toring leaders ders for Excellence ellence

Social ial Entrepreneurs trepreneurs Education is a Social Entrepreneurial aspect just like health, environment and others. Attributes of Social Entrepreneurs 1. Run businesses aiming to develop, fund and implement solutions to social problems. 2. Drives social innovation in public good areas like education, health, environment etc. 3. Willing to take risks to bring positive changes to society through their business efforts. CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepren trepreneurial eurial Ecosy osystem: stem: De Defi fini nition tion “An interactive community within a geographic region, composed of varied and interdependent actors (e.g. entrepreneurs, institutions and organizations) and factors (e.g. markets, regulatory framework, support setting, entrepreneurial culture), which evolves over time and whose actors and factors coexist and interact to promote new venture creation. ” CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepren trepreneurial eurial Ecosy osystem stem CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepren trepreneurial eurial Ecosy osystem: stem: Glo lobal bal Entrepren trepreneurs eurship hip In Index ex (G (GEI) I) Entrepreneurship ecosystem can also be defined as “the dynamic, institutionally embedded interaction between entrepreneurial attitudes , entrepreneurial abilities , and entrepreneurial aspirations by individuals, which drives the allocation of resources through the creation and operation of new ventures. " CLIG: : Mentoring toring leaders ders for Excellence ellence

3 As Continued…. ❏ Attitude: What you think about entrepreneurship? Characterized by: Opportunity, Perception, Startup Skills, Risk acceptance, Networking and Cultural support. ❏ Abilities: Can you do it? Do you have the skills? Characteristics: Opportunity startup, Technology adoption, Human capital and competition. ❏ Aspirations: Your vision about your company? Characteristics: Product innovation, Process innovation, High growth, Internationalization, and Risk capital. CLIG: : Mentoring toring leaders ders for Excellence ellence

How Ke Ho w Keny nya a Co Comp mpar ares es On On Entrep En epre rene neur ursh ship ip (GE GEI) Ind ndica cators ors CLIG: : Mentoring toring leaders ders for Excellence ellence

HOW KENYA COMPARES ON 3 As Attitude... CLIG: : Mentoring toring leaders ders for Excellence ellence

HOW KENYA COMPARES ON 3 As Abilities.. CLIG: : Mentoring toring leaders ders for Excellence ellence

HOW KENYA COMPARES ON 3 As Aspirations... CLIG: : Mentoring toring leaders ders for Excellence ellence

Kenya Ke ya compa mpared ed to EAC AC countr untries ies on Glo lobal bal Entrepren trepreneurs eurship hip In Index ex (G (GEI) I) CLIG: : Mentoring toring leaders ders for Excellence ellence

Global Gl bal Entrep repren eneurship eurship In Index ex (G (GEI) I) World ld Top p 3 and d Top op 3 Eas ast t Af Afric ica a Co Countr ntries ies CLIG: : Mentoring toring leaders ders for Excellence ellence

Global Gl bal Entrep repren eneurship eurship In Index ex Country STRONGEST AREA WEAKEST AREA ❏ PRODUCT ❏ STARTUP Kenya INNOVATION, SKILLS, ❏ OPPORTUNITY ❏ RISK PERCEPTION ACCEPTANCE ❏ PROCESS INNOVATION ❏ RISK CAPITAL ❏ CULTURAL SUPPORT ❏ RISK CAPITAL, Rwanda ❏ OPPORTUNITY ❏ STARTUP PERCEPTION, SKILLS ❏ PRODUCT INNOVATION The Global Entrepreneurship Index 2018 CLIG: : Mentoring toring leaders ders for Excellence ellence

MOST ST PRO ROBLEMATI BLEMATIC C IS ISSUE SUES S FOR R DOIN DO ING BU BUSINE INESS SS IN IN KENYA YA AN AND D OTHER HER CO COUNTR TRIES IES CLIG: : Mentoring toring leaders ders for Excellence ellence

Most problematic blematic fa factor tors s fo for doing ing busines iness: s: Kenya ya Source: World Economic Forum, Executive Opinion Survey 2017 CLIG: : Mentoring toring leaders ders for Excellence ellence

Most problematic blematic fa factor tors s fo for doing ing business siness: : Rw Rwanda nda Source: World Economic Forum, Executive Opinion Survey 2017 CLIG: : Mentoring toring leaders ders for Excellence ellence

Most problematic blematic fa factor tors s fo for doing ing business siness: : Ethiopia hiopia Source: World Economic Forum, Executive Opinion Survey 2017 CLIG: : Mentoring toring leaders ders for Excellence ellence

Most Problema oblematic tic Factors ctors For r Do Doin ing g Busin Bu iness ss: : Co Compari parisons sons On Selected lected Factor ctors s Source: World Economic Forum, Executive Opinion Survey 2017 CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepr En trepreneurship eneurship Po Policies, licies, Tr Training aining In Ken enya. ya. CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepr trepreneurship eneurship Policies icies In Kenya ya ❏ Kenya Vision 2030 Emphasises technology, innovation and entrepreneurship, talent development . ❏ Technical and Vocational Education and Training (TVET) Policy 2012 Provides a framework for harmonized and coordinated approach to train and develop skilled manpower required by the country. CLIG: : Mentoring toring leaders ders for Excellence ellence

Policies Continued……. In 1990, the government through MoE initiated the teaching of entrepreneurship education under (TVET) program. TVET ACT 2013 : Provides for the establishment of a technical and vocational education and training system; ❏ Provides for the governance and management of TVETS; ❏ Provides for coordinated assessment, examination and certification.( area of improvement) CLIG: : Mentoring toring leaders ders for Excellence ellence

Entrepreneurship Training….. The Sessional Paper No. 1 of 2005 ❏ Provides for the education and training of technical personnel and their progression from levels of skills and technical knowledge to the next ❏ Recommended the introduction of entrepreneurship modules in all tertiary institutions. ❏ The pioneers were Jomo Kenyatta University of agriculture and Technology, Kenyatta University, Mount Kenya University and Strathmore. CLIG: : Mentoring toring leaders ders for Excellence ellence