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Yes, but there is no capital for that.

I was going to suggest that microcredit or venture capital would be the solution, but the private sector seems to have little appetite for it. And, of course, there's the issue of the entrepreneurial/risk-taking culture (or lack thereof) among the graduates.

"It's the statue, man, The Statue."

by Migeru (migeru at eurotrib dot com) on Mon Mar 26th, 2007 at 09:28:49 AM EST
[ Parent ]
Indeed. It may be, as someone says, that this is not everyone's cup of tea. I certainly don't mean to suggest that every graduate should found a company (just a lot more than are doing it now). But at least you could encourage it, for instance by offering students a course or other assistance on starting up a company. If the private sector is unwilling to lend money, the government should consider giving funding (could give them a nice return on investment if they do it right).
by nanne (zwaerdenmaecker@gmail.com) on Mon Mar 26th, 2007 at 09:51:11 AM EST
[ Parent ]
Not everyone should fund a company, but I think that an effort should be made to help people over the hurdles of access to capital and lack of entrepreneurial attitude or skills.

And, of course, the suggestion is not that everyone starts a company by themselves, but as a partnership with others they know so that the group has the necessary mix of skills and attitudes.

But access to capital is the essential ingredient, and it is jealously guarded.

"It's the statue, man, The Statue."

by Migeru (migeru at eurotrib dot com) on Mon Mar 26th, 2007 at 10:01:38 AM EST
[ Parent ]
Ack, fund <- found

"It's the statue, man, The Statue."
by Migeru (migeru at eurotrib dot com) on Mon Mar 26th, 2007 at 10:58:11 AM EST
[ Parent ]

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