What Must Change in Sl for It to Be a Entreprenurial Economy

What must change in Sri Lanka to make it a entrepreneurial economy The characteristics of entrepreneurial economy are high aim of innovation combined with high level of entrepreneurship which result in the creation of tonic ventures as well as new empyreans and industries. Education System Sri Lanka was colonised by the Dutch, the Portuguese and the incline and their influence can be seen embedded in topical anesthetic culture and systems. The education system is also no oddish to the colonial influence. Sri Lankan education system is based on arrest learning and more than equipped to passing exams than promoting creative stunned of the box thinking. The wish of cultivation of an entrepreneurial thinking is the branch element that needs to be changed if Sri Lanka is to become a more entrepreneurial economy. The education system needs to be changed systematically to develop the youth into becoming risk takers and innovators. Government tending The government and the financial institutions need to focus on the SME sector to promote the festering of this segment. A key issue relating to entrepreneurs is the lack of capital to kick starttheir businesses. This is the opportunity for the government and financial institutions to add up a helping hand.

Civil War The landed estate has been experiencing a civil war for more than three decades. Which has dampened growth of the economy. The office in the unpolished is considered too risky for entrepreneurship. This de -motivates individuals to make enthronization in the country. A solution to the ethnic conflict pass on ensure more entrepreneurship in the economy. Brain Drain more and more people from the work force is leaving the country for greener pastures else where. This is a big threat to the intellectual capital of the country. The country is loosing its best people who are able to grind a change in the country. In summary to frame a entrepreneurial economy, key factors such as to development of skills, attitudes and motivation of persons in... If you want to get a full essay, localize it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!