As the Global Entrepreneurship Week, the world’s largest campaign to promote entrepreneurs, comes to a close an academic from The University of Manchester warns that entrepreneurship shouldn’t be a silver bullet for fighting poverty, reports NaijaAgroNet.
According to Dr Nicola Banks from The University of Manchester is an ESRC Future Research Leader (The Economic and Social Research Council) who is leading on research into young people's experiences of urban poverty in Tanzania, this kind of definition negates the spirit of entrepreneurship.
She told NaijaAgroNet in a press statement made available by Kath Paddison, Media Relations Officer, The University of Manchester that the world should be wary of solutions that focus on entrepreneurship as a silver bullet for fighting poverty.
“Entrepreneurship can be a way to help young people out of poverty, but a sole focus on entrepreneurship can put all the responsibility on the young person and removes responsibility from governments,” she said.
Dr Bank also pointed that as the popular TV show The Apprentice illustrates, “we're not all born with entrepreneurial skill. Multilateral agencies and national governments need to address the full range of obstacles facing young people to adequately support the world’s growing population of young people.”
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