64
How Can Government Policies Stimulate Entrepreneurship?
• An independent panel with significant private sector and export expertise. • Adjudication based on pre-established, clear, and transparent criteria.
Developing Skills Stakeholders repeatedly cited inadequate skills as a key hindrance to developing local industry. The largest group among the unemployed is those with secondary general education and no technical skills, although many possess secondary technical and tertiary education (figure 5.1). This suggests that unemployment has two dimensions: those with no job-specific skills and those who have skills but are still jobless, indicating a skills mismatch. This requires helping the first group to acquire critical employable skills and helping the second group to find jobs that match their qualifications. To combat Figure 5.1 Unemployment by Educational Attainment and Location, 2010 100
90
80
70
Percent
60
50
40
30
20
10
0 Rural
Urban
Primary
Secondary-general
Vocational
Secondary-technical
Tertiary
Source: Rutkowski 2012.
Fostering Entrepreneurship in Armenia • http://dx.doi.org/10.1596/978-1-4648-0064-1