ENTREPRENEURIAL EDUCATION & GLOBALIZATION IN MIDDLE EAST & MEDITERRANEAN REGION

Globalization has become a key idea for business theory and practice, entered academic debates and become a focus for discussion in education. Globalization and Education is an internet resource aimed at providing diverse perspectives on ways in which education is being shaped by global processes. Improving the quality, equity and efficiency of education systems is a key policy objective. No economy in the world can afford to neglect education. Major reforms are under way as countries strive to make lifelong learning opportunities available to all.

There is a need to focus on the priority sectors already identified, further strengthening the links between research centers, universities, vocational training and education in general. The challenge today for the economies of the Middle East and Mediterranean region is to leverage the opportunity from increased liquidity, invest in new job creation and nurture key sectors for diversified, sustainable growth. Financing entrepreneurship is a promising path in this direction. The important role of education in promoting entrepreneurial attitudes and behaviours is now widely recognized.

With an increasingly educated labour force and a low production cost base, Egypt has all the potential to become a major service and manufacturing powerhouse in the Mediterranean region. However, the potential unleashed by the progressive integration of Egypt into the global economy is still largely untapped and the challenges for Egypt remain considerable. Increasing job generation remains an absolute priority, in order to absorb the quickly expanding labour supply and to reduce youth unemployment, particularly among young college graduates.

The aim of the Science Enterprise Challenge is to establish within universities a network of centres funded by the government and specialized in matching entrepreneurship studies with science and technology. Entrepreneurship is a major driver of innovation, competitiveness and growth. Entrepreneurship refers to 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. Entrepreneurship competence should be acquired throughout lifelong learning, this communication focuses on education from primary school to university. The aim for Entrepreneurship education is to step up progress in promoting entrepreneurial mindsets in society, systematically and with effective actions.

This article will provide brief discussion of the strategy of entrepreneurial development policy to be introduced by higher education ministry, support educational establishments, support to teachers and educators, entrepreneurship activities in higher education and also building links and opening education to the outside world.