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skill education is necessary for advancement of
low-income countries, but it has to be accompanied
by entrepreneurship education for it to be effective. It
has to teach people how to create employment oppor-
tunities in their countries by starting new enterprises
that will create locally and culturally appropriate
products and services, using the high-level skills they
have acquired. It is the task of people in all countries
to develop products and services that are market-
able in, and relevant to, their countries, exploiting
the forward-looking skills that they have learned and
establishing the necessary businesses.
Handong Global University’s entrepreneurship
education for world development
HGU’s entrepreneurship education philosophy
As the world becomes globalized, international trade
is an ever more crucial part of the economies of all
countries. Disciplines that have traditionally been
separate have grown, overlapped and intertwined as
issues become increasingly globalized and compli-
cated. Entrepreneurship education for future leaders of
developing countries should include multi-disciplinary,
holistic training that transcends the traditional bound-
aries of different disciplines and has a sound moral
basis. Recognizing the importance of entrepreneurship
education for future global leaders, Handong Global
University (HGU) started an entrepreneurship leader-
own employment and business opportunities. Educating people
in entrepreneurship should lead to increased tax revenue, which
also strengthens governments, thus truly building the insti-
tutional capacity for sustainable development in low-income
countries.
Investing aid funds in the creation of businesses and economies
rather than consuming them outright is like incubating eggs to raise
chickens, which will in turn lay more eggs, until a stock of egg-
laying chickens is established, which will continue supplying eggs
forever, compared with consuming the eggs at the beginning, which
would not offer any sustainability.
For situations where entrepreneurship skills need to be strength-
ened, this concept should be introduced through education that
meets the needs of all the people in the country.
Ethics as part of entrepreneurship education is paramount for the
success of the above scheme, since entrepreneurs’ strict adherence
to ethics builds the necessary trust among investors and consumers
alike. Also, entrepreneurship is so powerful that ethics education is
crucial to channel its power so that it is used for serving a develop-
ment that is respectful of the social, economic and environmental
dimensions.
Tool to reduce ‘brain drain’
Fostering entrepreneurship is the best way to stem the ‘brain
drain’ that has been an important factor hindering development
for most low-income countries. This phenomenon is usually
caused by highly educated people’s natural desire to find jobs
that utilize their skills wherever the opportunity exists. High-
Image: GET’10 in East Africa
27 June –3 July 2010, Limuru, Kenya. More than 80 students (orange) from seven countries in East Africa participated with six faculty (orange), two staff (orange)
and 32 student helpers (blue) from HGU of Korea and St. Paul’s of Kenya