IN the midst of a volatile job market and an increasingly competitive and uncertain world, students of higher learning institutes now must seriously look at entrepreneurship apart from seeking employment upon graduation. This is a fact that has been duly noted in the recently announced Malaysia Education Blueprint (Higher Education) 2015-2025 which stipulates to graduate students with the talent, skills, and knowledge needed to thrive in the 21st century.
But entrepreneurship is generally not perceived as a good career choice by many Malaysian youths. Compared with 11 Asia Pacific and South Asian countries, Malaysia ranked lowest in ascribing high social status to successful entrepreneurship, and highest in fear of failure. This explains why Malaysia is lagging in entrepreneurship, particularly nascent and early stage entrepreneurship.
While entrepreneurship is now made a compulsory learning module for degree level students in public universities, the subject has yet to incite the levels of excitement that would result in the starting up of new ventures among local graduates. What could make learning entrepreneurship more palatable and effective in producing resilient and successful entrepreneurs?
Find out more this Sunday, April 26, in Learning Curve, New Sunday Times.