The document introduces entrepreneurship and discusses its importance as a solution to challenges facing Oman's economy. It outlines Oman's rapid development through oil exports but notes upcoming challenges like a growing youth population and declining oil resources. Entrepreneurship can help address these by generating jobs, diversifying industries, and reducing oil dependence through new businesses and products. Examples of creativity and innovation are given through inventions like Post-it notes and developments in cell phone technology. Students are assigned an activity to identify creative products.

1. INTRODUCTION TO
ENTREPRENEURSHIP
Entrepreneurship – Lesson 1

2. Introduction to
Entrepreneurship
 Introduction
 The essence of the “Vision for Oman
Economy: Oman 2020”
 Some of the challenges facing Oman
 What is the solution to the challenges facing
Oman?
 Entrepreneurship is……………….
 Creativity and Innovation
 Some examples
 Students’ Activity

3. ENT QUOTES

4. Introduction
 Oman is one of the Gulf countries that are
developing very rapidly.
 Oil resources were discovered in Oman in
1960s.
 It has developed exponentially after it started oil
exports.
 Oman also has a vast natural resources ranging
from fossil fuels to minerals and agricultural
products.
 Oman has achieved a stunning growth in the
past 50 years.
 The future plan of Oman was declared by the

5. The essence of the “Vision for
Oman Economy: Oman 2020”
1. To develop Omani people in order to cope with
technological progress and attain international
competitiveness.
2. To develop a private sector (private business/ companies)
capable of optimum use of human and natural resources in an
efficient way.
3. To promote the use of its natural resources and promote
national development.
4. To distribute the fruits/ benefits of development among all
regions and all citizens.
5. To safeguard and develop the achievements accomplished
in the past twenty-five years.

6. Some of the Challenges Oman
Facing
 Growing youth population of Oman and
increasing rate of unemployment
 Over dependence on oil
 Expected gradual decline in oil resources.
 Low level of savings
 Low level of national labor participation/ Low
productivity of national labor
 Slow pace of national labor in coping with the
rapid developments in the technological field.

7. What is the solution to the
challenges facing Oman?

9. What is the Solution to the
Challenges facing Oman?
 Entrepreneurship is one of the solutions to the
above listed challenges.
 If young Omanis can take up entrepreneurship
as their career, then
 They can generate a lot of employment (job
opportunities) for others.
 Produce goods and services and export them.
 Start various businesses other than oil and gas.
 Reduce dependency on oil and gas.
 Utilize all the other natural resources of Oman.

11. Entrepreneurship is……….
 Entrepreneurship is a systematic process of
applying creativity and innovation to needs
and opportunities in the marketplace.
 It involves using new ideas to create a product
(goods/services) that satisfies customer’s
needs.

12. Creativity and Innovation: Some
examples
 Post-it-notes:
 Creativity: when it was
made for the first time, it
was the result of a
creative process.
 Innovation: Making
post it notes in different
sizes, shapes, and
colors was an innovation
based on the original
creative idea.

13. Post-it® Notes ...Little sticky notes
that revolutionized messages
 "The product had its
root as a solution
looking for a
problem.“
 Dr. Spence Silver,
 Dr. Art Fry
 Both are 3M Scientists

14. History & Facts –
Discover the history of Post-it®
Notes

15. History & Facts –
Discover the history of Post-it®
Notes

16. History & Facts –
Discover the history of Post-it®
Notes

17. Creativity and Innovation: Some
examples
 Cell Phones:
 Creativity: The first
hand-held mobile phone
was demonstrated by Dr
Martin Cooper of
Motorola in 1973, using a
handset weighing around
1 kg based on the
technology of Radio
Phone.
 Innovation: 1G, 2G and
3G phones and I- phones
are innovation.
Developing an existing
product with various

18. Martin Cooper - Inventor of Mobile
Phone
 Martin Cooper (born 26th December 1928 in
Chicago, Illinois, USA) was a vice president
and division manager who led the Motorola
team that developed the handheld mobile
phone (as distinct from the car phone).
 Cooper is the CEO and founder of
ArrayComm, a company that works on
researching smart antenna technology and
improving wireless networks, and was the
corporate director of Research and
Development for Motorola.

19. Martin Cooper - Inventor of Mobile
Phone
 The original Motorola DynaTAC handset,
weighed 2.2 pounds and had 35 minutes of talk
time.
 Cooper has said "The battery lifetime was 20
minutes, but that wasn't really a big problem
because you couldn't hold that phone up for that
long."
 By 1983 and after four iterations, Cooper's team
had reduced the handsets weight by half.
 The list price was around $4,000 (2010:
$10,000).

20. Martin Cooper - Inventor of Mobile
Phone
 http://www.youtube.com/watch?v=RPOzjFDbI
Kc

21. Apple iPhone 6 and iPhone 6
Plus
 http://www.youtube.com/watch?v=0d8q9wTDb
8c
 http://www.theguardian.com/technology/video/
2014/sep/09/apple-iphone-6-iphone-6-plus-
video

22. Students’ Activity
 Let’s do some “hands – on”
 Dear Students – You can now start listing the
most creative and innovative product you have
or you want to buy.
 Open the Course Book – Page # 3

23. Review
 Introduction
 The essence of the “Vision for Oman
Economy: Oman 2020”
 Some of the challenges facing Oman
 What is the solution to the challenges facing
Oman?
 Entrepreneurship is……………….
 Creativity and Innovation
 Some examples
 Students’ Activity