University of Grigory Skovoroda in Pereyaslav, Pereyaslav, Ukraine

scientific journal of the modern education & research institute • The Kingdom of Belgium

nternational Project actiVities for Graduates successful emPloyment

rzhevskaya natalia Viktorovna (zolotysya@ukr.net)

university of Grigory Skovoroda in Pereyaslav, Pereyaslav, Ukraine

abstract

As part of their long tradition of economics and social sciences, regional development and analysis, the project partners will focus on building knowledge, best practices and synergies in the concept of knowledge management in youth entrepreneurship, its practical implementation and local development effects. In a number of Central Asian and Eastern Partnership countries, new ideas about entrepreneurship have been identified regarding resource efficiency, improved market solutions and services, and increased life cycle and innovative development. However, most of these articles provide evidence only at the phenomenological and descriptive level.

Efforts to prioritize small and medium-sized business / entrepreneurship development at any key or level of government fail to account for a central compelling argument: the ability to calculate and anticipate what and who will be affected by entrepreneurship. Therefore, an important element is a concentrated point analysis of students’ talents for the implementation of entrepreneurial activity in a professional environment.

Keywords: international cooperation, project activities, educational projects, entrepreneurial skills, open science, open innovation.

Reducing youth unemployment and bringing about more opportunities for successful professional careers remains one of the major global challenges for decades to come. This represents a challenge with unique dimensions and it therefore requires specific responses. First, the increased number of graduating students with formally recognized qualifications but poor opportunities for professional realization in their field of competences has created a high percentage of unemployed young people. According to ILO (2019) «working poverty, poor job quality and persistent labour market inequalities remain concerns» for Europe and Central Asia [1]. Second, the ILO alarms that globally, 21.2 per cent of young people were not in employment, education or training (NEET) in 2018. Progress during the past ten years has been negligible: in 2008, the NEET rate was 22 per cent [2]. Among young people (aged 15–24), the decline in labour force participation has been even more pronounced, largely owing to extended education and an associated postponement of labour market entry. Third, youth employment rates closely relate to the general environment, namely legal-political, economic, socio-cultural and educational systems of a country – e.g. labour market regulations; mismatch between youth skills and aspirations and labour market demand and realities; constraints on self-employment and entrepreneurship development. youth labour market is dependent on the national employment policies that can help business to compete globally 36

and to attract foreign investments. At the same time statistics on new ventures in vibrant economies illustrate the vital role of start-ups on keeping the economy dynamic and growing.

ignoring youth employment challenge imposes tremendous economic and social costs now

and in the future. Nowadays the 2030 Agenda for Sustainable development is more than ever dependent on developing youth potential and unleashing youth capacity, as it aims to reduce substantially the proportion of youth not in employment, education or training through the global strategy for youth employment. to that extent, the European Union has been in pursuit of the European youth Strategy 2019-2027 that formulates unemployment, entrepreneurship and education as inter-twined objectives in youth engagement and empowerment in Europe and partner regions worldwide. The Strategy that acknowledges the aggravating situation with NEET youth in the EU adopts a robust, comprehensive approach that translates the impact of efficient measures beyond the European continent. Fully admitting and understanding the interdependencies between the EU market and the neighborhood countries, the Strategy proposes a set of actions that address the alarming conditions of NEETs EU-wide and beyond. Creating more jobs for labour market entrants is comprehended in the context that ensuring economic growth leads to more and better jobs in the EU and the region.

Aligning better skills and labour market needs includes an attempt to make education more applicable to the current demands of the economy. In creating a sustainable mechanism to tackle with NEETs, far ahead of the ongoing crisis in youth unemployment and lack of engagement in startups long-lasting cooperation between educational institutions, the industry and policy-makers is necessary. These efforts may be successful only if at bottom-up level, engaging actively local stakeholders rather than EU-level actors working out solutions that do not reflect the regional dynamics and specifics of youth in NEETs.

Accelerate smart growth by facilitating: youth entrepreneurship, startup companies and growth of new micro and small enterprises; creating jobs and employment opportunities for unemployed youth; and improving the regional framework of MSME development through the support and networking of local and regional partners. The project will set the ground for a skilled and adaptable workforce with high-level qualifications and practically-based orientation. We will build a framework for knowledge and support to develop skills, competencies and resources necessary to develop entrepreneurial culture and knowledge among young people and to transfer these into a workable solution against youth unemployment and professional realization.

While achieving this, the process will foster the relationship between the important actors involved, both at vertical and horizontal level – universities, business, NGOs, and will stimulate them for a wider participation in the practical realization of the youth. Collaboration between these key competence levels is seen as a vehicle to bring more young people into labour market and to create pathways that lead to further professional opportunities, including appropriate employment. Through this integrated approach, we will identify areas where significant added value to the knowledge and learning, engagement of local authorities and business community will be achieved.

Possible ways to cooperate between the needs and requirements of the MSMEs sector, market, education and youth employment by: • Strengthening competitive-based value chains by identifying and developing key intervention points (youth capacity-building and training, knowledge transfer); • Identifying driving factors that could improve competitive-based value chains for the start-ups – creation of Virtual Business Incubator; • Facilitating quality level and excellence of the regional stakeholders and institutions by proposing recommendations/ structural models to contribute to active international integration and strong view on regional sustainability (Table).

objectives

so 1: Capacity building – training, consulting and other development services to SMEs/start-up and job seekers

so 2: Job creation – facilitate start-up and competitiveness of the SMEs (incl. student/ researchers) and promote new ideas in sector with highest potential employment creation and growth

SO3: Institutional development – academia – business networking

specific objectives

SO 1.1. Skill Gap & Labour market analysis – main components SO 1.2. Develop MSME & Employment Services Portfolio with the aim to stimulate technology/ knowledge transfer SO 2.1. Select Incubator Tenants SO 2.2. Incubator Tenancy & Services SO 2.3. Conduct regular/ upon request analysis SO 3.1. Business Incubator Forums SO 3.2. Briefings

International project activities should focus on to accelerate smart growth at regional level by facilitating: youth entrepreneurship, startup companies and growth of new micro and small enterprises; creating jobs and employment opportunities for unemployed youth; and improving the regional framework of MSME development through the support and networking of local and regional partners in the public, private, civil-society and academic sectors.

references

1.

2. Progress in reducing unemployment globally is not being matched by improvements in the quality of work, says the International Labour Organization’s World Employment and Social Outlook: Trends 2019 report, available at: https://www.ilo.org/global/about-the-ilo/newsroom/news/ WcmS_670171/lang--en/index.htm ILOStAt, ILO modelled estimates; ILOStAt Spotlight on Work Statistics, no.5 march 2019, available at: https://www.un.org/development/desa/dpad/publication/world-economic-situation-andprospects-april-2019-briefing-no-125/