YEA/FNF Educating Entrepreneurs - Keynote presentation - English - 08.11.10

8/8/2019 YEA/FNF Educating Entrepreneurs - Keynote presentation - English - 08.11.10

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Entrepreneurship, Human Capital and Innovation

in the Economic Development

of Jordan

Philipps-Universitt Marburg

Marburg - Germany


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1. Theoretical foundations recommended procedures

2. Empirical study Conceptional plan Jordan

3. The concept:

Constructing a new Generation of Entrepreneurs

4. Summary

Overview Presentation


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Central idea:

Long-term and endogenous (internal) explanation for economic growth

and economic development through

human capital, entrepreneurship and innovation

Theoretical foundations

Endogenous growth theory (Mainstream)

AND

Theory of economic development


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Promotion of human capital, entrepreneurship and innovation in

Jordan

Empirical areas of investigation

Women

Education Participation

Educational system

Pre-schools Schools (Elementary and secondary)

Vocational schools

Universities

Innovative System Research Innovation Center


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Educational system

Schools: Compulsary education high enrollment ratio

Qualitative and quantitative deficits

Impact of growth of population (HPC - Amman)

Programms: Strong promotional/support programms and pronounced political will

Promotion of human capital, entrepreneurship and innovation in Jordan

Empirical results


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Promotion of human capital, entrepreneurship and innovation in Jordan

Empirical results

Jordan

high potential for development

high investments in human capital (25% of GDP)

role model in area of education - sought experiences


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Concept:

Building on Jordans high potential for development and on the theory-based

recommendations for action

Goal:

Strengthening the Jordanian system of innovation and thus the economic growth and

development in Jordan through effectively und efficiently fostering human capital

and entrepreneurship


Concept and Goal


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Areas:

Women (childhood home)

Pre-schools (school)

Elementary schools (school)

Vocational schools

Secondary schools (school)

Universities

Involving the private sector participation

Value creation chain:

Building human capital and constructing entrepreneurship step by step

Concept areas and steps



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Central Idea:

self-financing and permanent quantitative and qualitative improvement

financial autonomy within the public framework

part of annual education budget to be transferred to schools, based on number of

students ca. 14 Mio. out 500 Mio. = 2.8%

Re-structuring eductatoin budget new combination of existing factors

decreasing expenditures for quantity, increasing expenditures related to quality

Advancing capabilities, will and permission

Mid to long term results (new generation)

Autonomous School



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Main goals and implications:

financial autonomy (Motivation and Qualification)

systematic satisfaction of individual requirements (Motivation and Qualification)

New area of action Entrepreneurship (capability)

Learning new entrepreneurial skills and building human capital (capability, qualification)

Reducing negative attitudes, producing better orientation

Autonomous school



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Main goals and implications:

Internal and external competition (capability and will)

Systematic teacher training

Learning new teaching methods

Advancing school performance (prizes for students, teachers and directors)

direct student participation (capability and will)

Internal school committee

Government supreme committee for overall control (control system)

Autonomous school as a necessary condition



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Aim:

Necessary qualification (resp. potential) exist (capability)Required motivation exists (will)Government approval for 5 year prototype Government Motivation and Will exist (permission)

Aim: Connecting these necessary preconditions

Die autonome Schule

als notwendinge Bedingung



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Summary

Human capital, entrepreneurship and innovation are necessary preconditions

for growth and development

Jordan has a high potential for strengthening human capital and

entrepreneurship (capability)

Jordan has a pronounced political will (permission)

Educational system has a role model character (capability)

School as factories of human capital and entrepreneurship (capability)

Strengthening school through re-structuring towards autonomy (permission)

Unfolding of personality and potential (will)

advancing moviation and perforamnce (will)

Learning by doing within the public framework


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Thank you

for yourattention

YEA/FNF Educating Entrepreneurs - Keynote presentation - English - 08.11.10

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