Budding tycoons in Europe not afraid to take on risks
HIGH risk of failure, volatility of income and the hard work associated with setting up a business are failing to deter the entrepreneurs of tomorrow. Young people recognise the difficulties associated with going it alone but remain keen to do so, according to a Europe-wide survey. The survey of 10,434 students aged 16 to 25, published by the Junior Achievement-Young Enterprise (JA-YE) European network, highlights the readiness of the next generation for business. Students who had taken part in the programme said that they were most inspired by direct contact with business people, a key part of the Young Enterprise experience. They added that participation in JA-YE programmes had strengthened their problem-solving abilities and teamwork. The research suggests that education plays a crucial role in changing attitudes towards entrepreneurship, which will help to boost the European economy.
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