European Business Summit 2014: The role of youth entrepreneurship education in EU’s Strategy for Competitiveness

May 28, 2014 News Room

JADElogoEarlier last month, JADE announced its participation as supporting partner of the 12th edition of the European Business Summit (EBS); where it represented the voice of young entrepreneurial students in front of Europe’s most important Business Leaders, Policy makers and Media. Organised by BUSINESSEUROPE and the Federation of Enterprises in Belgium (FEB), EBS is one of the most influential business forums in Europe. This year’s focus was on the Business Agenda 2014-19: ”Rebuilding a Competitive Europe” and how Europe can reach its economic recovery, growth and competitiveness.

The summit began with an opening plenary and keynote speeches by political and business leaders such as Mr José Manuel Barroso (President of the European Commission), Ms Emma Marcegaglia (President of BUSINESSEUROPE), Ms Michièle Sioen (President of FEB) and Mr Didier Reynders (Deputy Prime Minister & Minister for Foreign Affairs, Belgium).

Victor Soto, JADE Vice-President, José Manuel Barosso, President of the European Commission and Joao Negreiros, JADE and Brasil Junior Ambassador

President José Manuel Barroso started his speech focusing on the positive developments of the European Union in the last 10 years and praised its resilience in front of today’s challenges. Moreover, he called for the new Commission to maintain its adaptability in dealing with the new economic and technological changes within Europe and international developments. He continued by quoting a Latin saying, “If we don’t advance, we go backwards”; and thus referring to the crucial role of competitiveness for EU. President Barroso concluded that Europe would continue to thrive as long as there was a firmer EU political leadership to make happen all that needs to be done, while the EU comes to a consensus on the priorities for the next five years.  Additionally, he called for European business leaders to help reinvigorate the confidence and hope of Europe’s citizens in order to become the driving force in job creation and tackle the burning matter of unemployment.

The keynote speech by Ms Emma Marcegaglia – President of BUSINESSEUROPE followed. BUSINESSEUROPE represents all SMEs and large businesses in 35 European countries while being a partner of JADE since 2004. She affirmed that BUSINESSEUROPE acknowledges the need of a clear commitment to reduce unemployment by developing European talent and to help bridge the skills gap in Europe. Finally, Ms Marcegaglia envisioned a more ambitious and entrepreneurial future Europe that drives growth through innovation.

The summit was followed by plenary sessions related to industry, entrepreneurship and education.

Mr David Rennie, Vice-President of Nestlé Europe, Mr Xavier Prats Monné, Deputy Director-General for Education – European Commission and Victor Soto, JADE Vice-President

The session to which JADE contributed was “Education and Business for Innovation: Acting Together”, moderated by Ms Ann Mettler (Executive Director of the Lisbon Council). JADE’s  Vice-President, Victor Soto, participated as discussant along a lineup of high level speakers including Mr D. P. Nambiar (Chief of Human Resources Officer – Europe of Tata Consultancy Services), Mr David Rennie (Vice-President of Nestlé Europe), Ms Mary Ritter (CEO of Climate-KIC), Ms Tuula Teeri (President of Aalto University) and Mr Xavier Prats Monné (Deputy Director-General for Education, European Commission), who was also a keynote speaker at JADE’s International Congress on “Enterprises Skills for Youth” earlier this year.

This session began with a very clear alignment on the discussion, where Ms Mettler highlighted the issue of unemployment and the need to exploring different initiatives to create collaboration between Education, research and innovation (knowledge triangle) as a tool to our 21st century challenges.

To begin with, Commissioner Prats Monné highlighted the need for more collaborative efforts and a continuous feedback loop between the public and private sectors in order to improve the current skills mismatch gap. He underlined that companies and education institutions need to beware of falling into the trap caused by the “predictability effect” in education or employment, which is when young people’s future performance are predicted based on only their past performances through the use of biased analytics and big data.

The following panelists were Mr Rennie and Mr Nambia, who agreed on the shortage of skills around the globe and the need for a closer collaboration between education and business in order to bridge the skills gap. Recently, Tata Consultancy Services released a report on the “Workplace of the Future: A view from European youth”, which also looks more into what Generation Y expects from 21st century workplaces.

Moreover, it was also highlighted that young people nowadays not only need the technical skills, but are also required to develop the right attitudes such as “Agility, Adaptability and Flexibility”. Later, Mr Rennie explored the importance of intrapreneurship and how innovation could be developed in a company for creating new products and most importantly for helping Europe through the creation of new business models that foster new markets and growth.

JADE’s participation was highlighted in the role of entrepreneurship education and experiential learning inside organisations such as Junior Enterprises, where young people can develop the right skills through a learning by doing approach. This was a shared voice between other youth NGOs’ representatives present that also provide opportunities for Europe’s youth to undergo a necessary preparation for the labour market.

As a conclusion, it was agreed that businesses had begun to work with education more closely and to share young people’s opinions about re-shaping curricula; however there is plenty of space for continuous collaboration, specifically in the area of non-formal education. There are existing challenges such as the recognition by the employers of these so called “21st century attitudes” and  the need for policy makers to further support the work of youth NGOs in bridging the skills mismatch gap and in changing educational institutions focus from the predictability of traditional systems to the personal development of individuals.

JADE would like to thank the General Manager of the European Business Summit, Mr Arnaud Thysen, for supporting its participation to this important event, which is essential for bringing ideas and best practices together and creating sustainable solutions for the Europe of tomorrow.

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

Advertising

the European Sting Milestones

Featured Stings

These campaigners want to give a quarter of the UK back to nature

How to build a more resilient and inclusive global system

Stopping antimicrobial resistance would cost just USD 2 per person a year

UN rights chief bemoans unilateral sanctions on Venezuela, fearing ‘far-reaching implications’

To end deforestation, we must protect community land rights

Dear China

‘Hateful attacks’ pushing Sri Lanka backwards, UN advisers warn, urging an end to ‘discriminatory practices’ that feed intolerance

Draghi keeps the euro cheap, helps debt refinancing, recapitalization of banks and growth

Leading Palestinian legislator calls for ‘new international engagement’ in two-state solution

Time to be welcome: Youth work and integration of young refugees

LGBTQI+ and health care: do they deserve more attention from medical universities?

From drones to health data, how Japan can power ahead

EU Parliament raises burning issues over the FTA with the US

The collision of these 3 geographies is creating a new world order

The European Internet is not neutral and neither is the Commissioner

Second Facebook-Cambridge Analytica hearing: impact on privacy, voting and trust

How the world can gear up for the fight against cancer

Illegal fishing: EU lifts Taiwan’s yellow card following reforms

“At the Environment Assembly citizens expect clean, not hot air”, the Head of UN Environment in Europe underscores in a Sting Exclusive

Preparing Africa for ravages of climate change ‘cannot be an afterthought’ – COP24

Brazil: A strategic partner for the EU

The hostilities in south and eastern Ukraine resume; where could they lead?

5 ways for scientists and clinicians to double up on healthcare

More electric cars on EU roads by 2030

Technology is delivering better access to financial services. Here’s how

The United Kingdom’s decision to leave the European Union will impact young people’s future the most

Commission sets moderate greenhouse gas reduction targets for 2030

EU: 13 major banks may pay fines 10% of worldwide turnover

This is how we make basic income a reality

Ethiopia is Africa’s fastest-growing economy

The EU Parliament slams Commission on economic governance

Antitrust: Commission fines US chipmaker Qualcomm €242 million for engaging in predatory pricing

Convincing the Germans to pay also for the unification of Eurozone

Europe must regain its place as world leader in digital technology

Trump’s Russian affair spills over and upsets Europe

Cédric in India

Mass measles vaccination campaign begins in Ebola-hit DR Congo province

Ambassador Zhang Ming: “Work Together for a Better Globalization”

Can fighting climate change bring the Arab world closer together?

Women ‘vital’ to peace efforts and ensuring long-lasting stability in Afghanistan

Italy can stand the US rating agencies’ meaningless degrading

Migration has set EU’s political clock ticking; the stagnating economy cannot help it and Turkey doesn’t cooperate

Somalia: UN mission head condemns deadly terrorist attacks in Mogadishu, Galkayo

Alexandre in Czech Republic

1 in 4 Africans had to pay a bribe to access public services last year

Boris Johnson’s no-deal Brexit to differ when issued from 10 Downing St.

Canada has created an Arctic conservation zone almost as big as Germany

The EU Commission implicates major banks in cartel cases, threatens with devastating fines

What the next 20 years will mean for jobs – and how to prepare

MWC 2016 LIVE: Ericsson/Cisco partnership on track, insist execs

European Union: Retail sales show deep recession

The refugee crisis brings to light EU’s most horrible flaws and nightmares

Half the world’s population is still offline. Here’s why that matters

US must abide by humanitarian refugee accords: UN refugee agency

Palestine refugees’ relief chief warns Security Council money to fund Gaza operations will run out in mid-June

“Sorry mom it’s not our day”: the true refugee story of a young doctor and his family forced to flee their home

The untold story of who caused and who pays for the economic crisis

EU ready to relinquish its internal tax havens

New study shows close link between GVCs participation and economic development

Cyber defence: MEPs call for better European cooperation

Statement by the Brexit Steering Group on UK paper on EU citizens in the UK

It’s time for the circular economy to go global – and you can help

Barriers to healthcare: are they real?

More Stings?

Speak your Mind Here

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s