INNOVATION AND ENTREPRENEURSHIP The following slides have been created by Intel for public use. Share or use the presentation in its entirety or as individual slides, as desired.

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The following slides have been created by Intel for public use.
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INNOVATION AND
ENTREPRENEURSHIP

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THE GLOBAL EMPLOYMENT CRISIS
Jobless rates of 25% or more are common in
Europe, the Middle East, and North Africa.2
The U.S. alone forecasts a loss in wages of
approximately $20 billion due to high youth
unemployment.3
1. Global Employment Trends 2014: Risk of a Jobless Recovery, International Labour Organization, January 2014.
2. Mourshed, Mona, Diana Farrell, Dominic Barton, “Education to Employment: Designing a System That Works.” McKinsey Center for Government, 2014.
3. The Challenge of Youth Unemployment, Global Agenda Councils–Youth Unemployment Visualization 2013, World Economic Forum, 2013.
In Greece, Spain, and South Africa, more than
half are unemployed.2

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1. Global Employment Trends 2014: Risk of a Jobless Recovery, International Labour Organization, January 2014.
2. The Challenge of Youth Unemployment, Global Agenda Councils–Youth Unemployment Visualization 2013, World Economic Forum, 2013.
3. Mourshed, Mona, Diana Farrell, Dominic Barton, “Education to Employment: Designing a System That Works.” McKinsey Center for Government, 2014.
4. Mourshed, Mona, Jigar Patel, Katrin Suder, “Education to Employment: Getting Europe’s Youth into Work.” McKinsey & Company, January 2014.
THE YOUTH UNEMPLOYMENT CHALLENGE
A focus on 15- to 24-year-olds
The biggest unemployment crisis, as they
are just starting their working lives
One-sixth of the current world population
The most dynamic sector of society, yet
the most vulnerable and powerless
One-tenth of the functionally illiterate
GLOBAL YOUTH
UNEMPLOYMENT
RECENTLY TOPPED
3X the adult rate,
a historical peak.1
YOUTH MAKE UP
40% of the world’s
total unemployed.2
Some 75 MILLION
YOUNG PEOPLE were
unemployed in 2012.3
IN EUROPE, YOUTH
UNEMPLOYMENT HAS
GROWN 2X–3X the rate
of general unemployment
for the last two decades.4

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WHAT EMPLOYERS
SAY ABOUT THE
SKILLS GAP
Nearly 40% CLAIMED A LACK OF
SKILLS as the principal reason for
entry-level vacancies.1
About 27% REPORTED LEAVING A JOB
OPEN in the past year due to a shortage of
candidates with the necessary skills.2
Only 43% BELIEVE THEY CAN FIND
ENOUGH entry-level skilled workers.1
Firms worried about finding trained workers
averages about 40% in sub-Saharan Africa,
50% in East Asia and the Pacific, and 25% in
OECD countries.3
1. Mourshed, Mona, Diana Farrell, Dominic Barton, “Education to Employment: Designing a System That Works.” McKinsey Center for Government, 2014.
2. Mourshed, Mona, Jigar Patel, Katrin Suder, “Education to Employment: Getting Europe’s Youth into Work.” McKinsey & Company, January 2014.
3. The OECD Skills Strategy, 2011.

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THE IMPACTS OF THE
SKILLS GAP
Economies suffer. Depending on the
nation, one-third to two-thirds of citizens
do not master the core skills necessary to
function in modern economies.1
The income gap continues to widen.
The earnings of the top 10% are now 9X
higher than the bottom 10%, a 30-year
high.2
Forecasts predict a skilled worker
shortfall. Estimates put the shortfall at 85
million high- and middle-skilled workers
by 2020.3
1. The OECD Skills Strategy, 2011.
2. Income inequality in the United States, Wikipedia.
3. Mourshed, Mona, Diana Farrell, Dominic Barton, “Education to Employment:
Designing a System That Works.” McKinsey Center for Government, 2014. intel.com/innovate

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NATIONS COMPETE IN A GLOBAL MARKETPLACE
That means governments must help do the following:
Develop the strongest,
best-equipped
workforce possible.
Nurture and support
the development of
innovative leaders
and businesses.
Teach and cultivate the
skills required in the new
knowledge economy.
For every U.S. dollar invested in employability skills, US$10–15 can be
generated to drive economic growth and national competitiveness.1
1. UNESCO, Education for All Global Monitoring Report, 2012.
intel.com/innovate

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TECHNOLOGY PLAYS
A CRITICAL ROLE IN
EMPLOYMENT
ACCESS TO
INFORMATION
CRITICAL
THINKING
ENTREPRENEURIAL
SKILLS
A STRONG FOUNDATION
IN MATH AND SCIENCE

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JOB SKILLS NEEDED IN THE FUTURE1
SENSEMAKING
SOCIAL
INTELLIGENCE
NOVEL AND ADAPTIVE
THINKING
CROSS-CULTURAL
COMPETENCIES
COMPUTATIONAL
THINKING
NEW MEDIA
LITERACY
TRANS-
DISCIPLINARITY
DESIGN MINDSET COGNITIVE LOAD
MANAGEMENT
VIRTUAL
COLLABORATION
1. Future Work Skills 2020, Institute for the Future for the University of Phoenix Research Institute, 2011.

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THE ROLE OF THE ENTREPRENEUR
Catalyze sustainable
growth, most notably in
developing countries.
Create new jobs.
Foster a climate of
innovative thinking.
Inspire launch of
pioneering and cutting-
edge companies.
1. Education, Employment & Entrepreneurship: A Snapshot of the Global Jobs Challenge, June 2013.
1

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ENTREPRENEURSHIP DRIVES
ECONOMIC GROWTH
Entrepreneurs create more employment
than non-entrepreneurs.1
Small businesses have generated more
than 65% of the net new jobs since 1995.2
Self-employed individuals with no paid
employees operate 3/4 of U.S. businesses.1
Globally, there are more early-stage
entrepreneurs in the 25–34 age group
than in any range.3
Nearly 80% of would-be entrepreneurs
in the U.S. are 18–34 years of age.1
EMPLOY more than 50%
of the private workforce.1
Generate more than HALF
OF THE NATION’S GDP.1
Are the PRINCIPAL SOURCE of
new jobs in the U.S. economy.1
1. Encouraging Future Innovation: Youth Entrepreneurship Education, United States Department of Labor.
2. Nazar, Jason, 16 Surprising Statistics About Small Businesses, Forbes, September 9, 2013.
3. Amorós, José Ernesto, Niels Bosma, Global Entrepreneurship Monitor 2013 Global Report, 2014.

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INTEL IN ACTION
Intel aims to . . .
Develop innovative global initiatives that inspire youth and
immerse them in training and technology to give them the
skills and opportunity to increase their employability.
We can do this because . . .
We bring a proven curriculum as well as tools and research,
and blend them with a unique and powerful ecosystem of
global and local partners to drive implementation and scale.
Intel® Entrepreneurship Programs build on Intel’s heritage of
innovation and education in collaboration with governments
and other partners, creating a strong global entrepreneurship
network in which Intel serves as a trusted advisor.
Learn more about Intel innovation and entrepreneurship efforts:
Intel® Corporate Affairs Group
intel.com/innovate
Intel® Higher Education
intel.com/university
Girls and Women in STEM
intel.com/girlsintech
Intel® Education – Science, Math, and Technology Competitions
intel.com/education/competitions
Intel Start Making!
maker.intel.com intel.com/innovate

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intel.com/innovate/entrepreneurship
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