The role of universities in the entrepreneurial ecosystem of Spain and Latin America

by time news

2023-05-16 00:32:00

With the globalization of the current world, the educational system undergoes changes to generate an approach that allows entrepreneurship education to play a leading role in classrooms at all levels. Understanding the modern innovation ecosystem is key to fostering productivity in the Latin American region.

The latest study by the Global Entrepreneurship Monitor (GEM) highlights several Latin American countries as the best to undertakeTherefore, the need for educational models that support initiatives is reinforced.

“Universities have to be like those workshops in Renaissance Florence, where knowledge was shared with an eye on the new, on the next era. The one of the 21st century”, the rector of the Universidad Austral de Argentina, Julián Rodríguez, made the analogy.

Entrepreneurial ecosystems

One of the aspects highlighted by the experts during the forum was the importance of carrying out Changes in the way of transmitting knowledge of entrepreneurship to students: “It is important to encourage students to be creative and innovative, who communicate their ideas and sell them”, commented David Alejandro Garza, rector of the Tecnológico de Monterrey.

According to Garza, it is important that higher education centers develop practices for students in which they put into practice skills such as resilience, creativity and communication“skills that an entrepreneur must have”.

An example is Babson College, who They usually give their students $600 to start building a business from day one. This exercise is intended to force them to understand the needs they will have to face when running a business: “In this way they acquire confidence, basic knowledge and the necessary mentality to be an entrepreneur”.

STEM careers

The degrees focused on Science, Technology, Engineering and Mathematics (STEM, for its acronym in English) are marked by the digital revolution, when being considered the present and a way of facing the society of the future, For this reason, Rodríguez highlighted the importance of placing a special focus on these races and the participation of women.

“In our formations have participated around 3,500 women from all over Latin America. and they have materialized 256 technology projects in five years”, he added. In the world women represent only 35% of students pursuing higher education studies in STEMaccording to UNESCO.

With innovation, it is extremely important that educational entities prepare their students in these fields, sincea large part of the jobs will be modified by it, jobs and new business opportunities will be governed by these careers.

other aspects

Get involved in startups once they leave the campus walls, have a more active participation in companies and teach students to learn to fail in order to rise from failures and try againwere other of the roles that the experts emphasized on the role that universities play in the entrepreneurial ecosystem.

“Universityand not only as an institution, but for the vital moment of student, I think that It is a key point in life for those people who have the concern to undertake. It allows them to surround themselves with others who have the same concern, to create associations. It is a time when you do not have too many burdens and It is ideal to be able to take risks and jump into the pool”commented Santiago Jiménez, founder of a startup and winner of the Santander international university entrepreneurship award, in his speech.

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