Teach the Importance of Job Creation

New businesses, according to a recent study by the Kauffman Foundation and others, account for three out of five new jobs.

Open-DictionaryBehind every job is a growing company. And behind every successful company is a startup that made it big. New businesses, according to a recent study by the Kauffman Foundation and others, account for three out of five new jobs. To support job growth, we have to support startups.

What if creating jobs — for ourselves and for others — became the mantra of our MBA, engineering, science and graduate programs? We know that the job market is split, and that we are creating good high-paying jobs for those with high levels of education and skill alongside a lot of low-skill jobs for those with less skill and lower levels of education. We need smarter, more explicit means of using the talents of the former to help the latter.

We need to build in our next generation of entrepreneurs a new mindset that engages young, motivated people to welcome the challenge of job creation. Perhaps this sounds wishy-washy. It’s not.

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Source: Richard Florida | The Atlantic