Reshaping the World through Entrepreneurship, Education and Employment: -

The world economic forum in Davos discussed how the reshaping of the world could be brought about through Entrepreneurship, Education and Employment. The speakers were Professor Klaus Schwab, President Park Gun-Hye, and President Ellen Johnson-Sirleaf.
President Park addresses the issues of slow growth, high unemployment and income inequality.
A new course has to be taken towards creative economy and entrepreneurship. This can be achieved through robust international co-ordination along with national responses of focus, discipline and values. The world has to deal with climate change and natural resource depletion. The existing macroeconomics labour policies need a paradigm shift. Growth should be sustainable and inclusive. The world needs a mechanism to break through the constraints to reshape it.
The creative ideas of single person can transform the world. Creative economy is the mantra for the future. Today creative economy should tap the brilliance of the human brain, innovating the way ahead with science and information technology and create employment. A creative mind innovates ideas, which should be developed by entrepreneurs. The key is to encourage entrepreneurs. All barriers should be eliminated. A financial system should be developed to give support to the entrepreneurs, ensuring a loan free support, using investment capital method.
The governments should encourage an ecosystem, which supports and churns out new ideas. They should provide counselling to entrepreneurs to transform ideas to successful businesses. Venture capitalists, angel investors, SMEs, large corporations, and governments together should be backbone of this creative economy. The private sector will lead this creative economy. Regulations that impede growth should be removed.
Policies to build environment