The Link Between A Region’S Entrepreneurial Dynamism And Poverty

Collin Edwards

School Name

Governor's School for Science and Math

Grade Level

12th Grade

Presentation Topic

Consumer Science

Presentation Type

Mentored

Mentor

Mentor: Dr. Moore; President, NEXT Innovation Center

Written Paper Award

3rd Place

Abstract

This research shows how an increase of vibrancy in entrepreneurship can lead to poverty reduction in an area. Entrepreneurship is important because it provides jobs and increase the amount of income that is circulated in an economy. The concept of poverty is an ever-going cycle that can only be reduced in an area and not totally eliminated. Research is conducted to develop an entrepreneurial model to help reduce the cycle of poverty. The thesis supports the idea that entrepreneurship has a direct and immediate effect on the reduction of poverty. One significant point that is highlighted is the reduction of poverty through education. It is a necessity for students to build skills to be “career-ready” and acquire jobs. Exposure to corporate America is also important in the teaching of students. The exposure will allow students to get ideas about the various careers that they can pursue. Therefore, to create jobs, there needs to be a promotion of entrepreneurship to create more opportunities. In less than a decade, Greenville has experienced tremendous growth downtown. Job have been created and, as a result, Greenville has become an attractive place to live. However, along with the growth of the city, Greenville still faces the problem of poverty. Within the vibrant city of Greenville, there are patches of impoverished areas. The solution to this underlying problem is more emphasis on entrepreneurship and education through the city of Greenville, which will spread to the rest of Greenville and eventually the state of South Carolina.

Location

Owens 102

Start Date

4-16-2016 9:15 AM

COinS
 
Apr 16th, 9:15 AM

The Link Between A Region’S Entrepreneurial Dynamism And Poverty

Owens 102

This research shows how an increase of vibrancy in entrepreneurship can lead to poverty reduction in an area. Entrepreneurship is important because it provides jobs and increase the amount of income that is circulated in an economy. The concept of poverty is an ever-going cycle that can only be reduced in an area and not totally eliminated. Research is conducted to develop an entrepreneurial model to help reduce the cycle of poverty. The thesis supports the idea that entrepreneurship has a direct and immediate effect on the reduction of poverty. One significant point that is highlighted is the reduction of poverty through education. It is a necessity for students to build skills to be “career-ready” and acquire jobs. Exposure to corporate America is also important in the teaching of students. The exposure will allow students to get ideas about the various careers that they can pursue. Therefore, to create jobs, there needs to be a promotion of entrepreneurship to create more opportunities. In less than a decade, Greenville has experienced tremendous growth downtown. Job have been created and, as a result, Greenville has become an attractive place to live. However, along with the growth of the city, Greenville still faces the problem of poverty. Within the vibrant city of Greenville, there are patches of impoverished areas. The solution to this underlying problem is more emphasis on entrepreneurship and education through the city of Greenville, which will spread to the rest of Greenville and eventually the state of South Carolina.