Entrepreneurship was defined as "an individual's ability to turn ideas into action. It includes creativity, innovation and risk-taking, as well as the ability to plan and manage projects in order to achieve objectives". At that time, the EU’s recommendation was that countries should try to ensure that “initial education and training offer all young people the means to develop the key competences to a level that equips them for adult and working life”.
The teaching of entrepreneurship skills in schools is clearly of high importance, and even though the Ambition AXA Awards survey of 2,000 young people found that 77% of 11-18 year olds would like to start their own business in the future, a survey of 1,000 teachers conducted by the Aldridge Foundation, found that only 30% of teachers say they would know how to teach entrepreneurship skills. There is a gap, and for progress to be made, we need to approach this subject differently.
Focusing the creativity of younger people in this way is so important, that we can't rely on the EU or governments to take the first step. Schools are best off learning from successful initiatives at other schools. Although it will take a few years to get it right, my message to schools is to start your entrepreneurship initiative today. The starting point requires having a supportive headteacher, a member of staff with the passion and drive to lead the initiative, with support from other staff, the pupils and parents.