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2018/SOM1/HRDWG/EDNET/008 Agenda Item: 6.23

APEC Youth Innovation and Entrepreneurship: Inclusive Growth and Collaborative Connectivity for

Young Entrepreneurs

Purpose: Information Submitted by: Chinese Taipei

Human Resources Development Working Group Education Network MeetingPort Moresby, Papua New Guinea

28 February – 1 March 2018

APECYouth Innovation & Entrepreneurship:Inclusive Growth & Collaborative Connectivity for Young Entrepreneurs

2018.02.27

Chinese Taipei

OUTLINE

Relevance

Objectives

Alignment

2

Methodology

Beneficiaries

Chinese Taipei

Youth Unemployment Crisis

Problem One

Origin

Youth unemployment is 300% as much of the

overall unemployment rate.

EU Youth Unemployment Rate and Overall Unemployment Rate (%)

Total unemployment Youth unemployment

2014 10.2 23.8

2015 9.4 22.4

2016 8.5 20.9

Source: Eurostat (une_rt_q) and (lfsi_act_a)

OECD (2018), Unemployment rate (indicator). doi: 10.1787/997c8750-en

(Accessed on 23 January 2018)

APEC Members

3

Relevance - Problems

Chinese Taipei

Youth and Total Unemployment in 2015 (% of Labour Force)

APEC Members Total unemployment Youth unemployment

Australia 6.3 13.5

Brunei Darussalam 1.9 5.7

Canada 6.9 13.2

Chile 6.4 16.4

People's Republic of China 4.6 12.1

Hong Kong 3.3 9.5

Indonesia 5.8 19.3

Japan 3.3 5.3

Republic of Korea 3.7 10.4

Malaysia 2.9 10.4

Mexico 4.3 8.8

New Zeland 5.9 14.4

Papua New Guinea 3.1 6.7

Peru 3.5 9.3

The Philipines 6.7 15.7

Russia 5.8 15

Singapore 7.3 18.9

Chinese Taipei 3.8 12.5

The United States 5.3 11.8

Thailand 1.1 4.7

Viet Nam 2.1 5.3

Source: United Nations Human Development Report, 2016 (Accessed on 1 February 2018)

Statistics of Chinese Taipei, 2016 (Accessed on 23 January 2018)

Relevance - Problems

Women Economic Inclusion Issue

Problem Two

Gender gaps in labor force participation have a negative

impact on economic growth (Klasen & Lamanna, 1990).

Labor force participation rate 2015 (APEC members)(% ages 15 and older)

APEC Members Female Male

Australia 58.6 70.9

Brunei Darussalam 51 75.3

Canada 61 70.3

Chile 50.7 74.6

People's Republic of China 63.6 77.9

Hong Kong 53.4 68.5

Indonesia 50.9 83.9

Japan 49.1 70.2

Republic of Korea 50 71.8

Malaysia 49.3 77.6

Mexico 45.4 79.5

New Zeland 62.4 73.1

Papua New Guinea 69.6 71

Peru 65.7 82.6

The Philipines 50.5 78.8

Russia 56.6 71.7

Singapore 58.2 76.4

Chinese Taipei 50.5 66.9

The United States 56 68.4

Thailand 62.9 80.2

Viet Nam 73.8 83.2

Source: United Nations Human Development Report, 2016 (Accessed on 1 February 2018)

Statistics of Chinese Taipei, 2015 (Accessed on 1 February 2018)

Gender Gap in Labor Force

4 Chinese Taipei

Coming of Age in the Digital Era

Problem Three

Digital Impact & Regional Connectivity

Elimination of geographical distance and informational

asymmetry (The World Bank, 2016).

5

Relevance - Problems

Chinese Taipei

6

Relevance – Benefits to RegionBenefit One

Importance of Entrepreneurship

Rising Employment Rate and Economy of

the Region

“Entrepreneurs are widely believed to play an important role in

terms of job creation” (Malchow-Møller & Schjerning &

Sørensen, 2011).

“We should recognize the importance of, and systematically

inquire into, entrepreneurship as a factor of economic growth”

(Schumpeter, 1947).

Chinese Taipei

7

Greater inclusion of women in the regional economy is

high on APEC’s agenda (APEC, 2017).

Entrepreneurship encourages females to be innovative

and inspires their talent.

Gender Inclusion & Entrepreneurship

Relevance – Benefits to RegionBenefit Two

Chinese Taipei

8

Avid & Faster Learners

“Enthusiasm demonstrated by young people for technology

and their capacity to learn to use it quickly (UN-Habitat, 2012,

p.5)."

(UN-Habitat, 2012, p.6)

Under 25

Over 25

Benefit Three Relevance – Benefits to RegionProportion of individuals’ using the Internet,

by age group, latest available year (2009/2010)

Chinese Taipei

Relevance –Capacity Building

9

• Long Term

• Replicability

• Innovation

• Inclusiveness & Enabling

• Continuity & Sustainability

Chinese Taipei

Alignments - APEC

10

• Strengthening inclusive growth through structural

reform.

• Digital economy is transforming economies and

societies, harnessing new growth contributing to

creating new jobs, generating efficiencies,

increased productivity and inclusive sustainable

growth.

• Engaging more people in the activities to increase

connectivity.

Priorities

Chinese Taipei

Objectives

11

• Promoting innovative and digital entrepreneurship

that would benefit regional economy.

• Information exchange among young entrepreneurs

both domestically and globally within APEC region.

• Strengthening regional connectivity and inclusive

growth.

Chinese Taipei

12

The Forum for Innovation and Entrepreneurship

Day 1 Forum:

• Academia & Public

Sector Support

• Practice &

Operation

• Networking session

(20 mins)

Afternoon Visit:

• Taipei Tech.

Innovation &

Incubation Center

Day 2 Forum:

• Experience &

Knowledge Sharing

of APEC Regional

Startups

• Networking session

(20 mins)

Afternoon Visit:

• Nankang Software

Park

• Neihu Technology

Park

Evening Tour:

• Taipei 101

Day 3 Forum:

• Female

Entrepreneurship

• Networking session

(20 mins)

Afternoon Visit:

• Songshan & Huashan

Creative Park

• Red Candle Games(Manufacturer of 返校 ‘Detention’)

Methodology – Work Plan: Forum & Visit

Chinese Taipei

13

Day 1 Forum I &II

I. Academia & Public Sector SupportPolicies on innovation and entrepreneurship integration of

entrepreneurship in higher education

Speakers

I. Competent authorities, start-up hubs, and business incubators

aided by public sectors

II. Venture Capitals enterprises & accelerator ventures

Day 1 Visit

Taipei Tech Innovation & Incubation Center

II. Practice & OperationAnalysis of current APEC regional business market expounding basic

knowledge of entrepreneurship

Methodology – Work Plan: Forum & Visit

Chinese Taipei

14

Taipei Tech

Methodology – Work Plan: Forum & Visit

Chinese Taipei

15

Day 2 Forum III

Experiences And Knowledge Sharing of

APEC Regional Startups

Speakers

Startups in Chinese Taipei and other APEC member economies

Day 2 Visit

Nankang & Neihu Technology Park, Taipei 101

Methodology – Work Plan: Conference & Visit

Chinese Taipei

16

Neihu

Nangkang

Taipei 101

Chinese Taipei

17

Day 3 Forum IV

Female Entrepreneurship- Business opportunity for female entrepreneurship

- How to further enhance female to set up business

Speakers- Female entrepreneurs/innovators and official organs responsible

for female startup

Day 3 Visit

Songshan & Huashan Creative Park

Red Candle Games(Manufacturer of返校 ‘Detention’)

Methodology – Work Plan: Forum & Visit

Chinese Taipei

18

Songyan

Huashan

Methodology – Work Plan: Forum & Visit

Chinese Taipei

19

Red Candle Games

Methodology – Work Plan: Forum & Visit

Chinese Taipei

20

More information at our website.

http://www.ice.ntut.edu.tw:811/index.htm

Methodology – Work Plan: Website

Chinese Taipei

Key Dates

21

Application Deadline Aug. 31st, 2018

Contact information

Conference Dates Oct. 24th – 26th, 2018

Chinese Taipei

Thank You

22Chinese Taipei