Journal of Research in International Business and Management

Role of university education in fostering Entrepreneurship for economic development and job creation

Abstract

Babar Latif Baloch

Entrepreneurs create businesses, and business creates jobs and income. The majority of the world`s poor people live in developing countries and derive their livelihoods from agriculture. Entrepreneurs trigger and drive a well-connected process to enable the bottom billion to climb up the wealth ladder and transform their lives and economies through industrial development. Pakistan is passing through the hardest economic conditions of all times and more than 150 million youth without adequate education and training skills to become entrepreneurs have successfully converted an asset into liability. University funding is on decline and pressure of unemployment is on rise and both the public and government are confused about the situation and have nothing to do but wait and see situation.

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