Startup companies exemplify the potential benefits of risk taking. While only about 49 of manufacturing startups and 37 of information startups survive for four or more years, those that do have managed to produce breakthrough innovations.

David McClelland identifies 10 personal competencies for detecting and strengthening entrepreneurial potential that are common across countries.30

That's how you tap into local entrepreneurial talent and you unlock people's potential.

A number of start your own business courses for potential entrepreneurs, and potential trainers, in cooperation with local institutions, have been conducted since 1990.

Products which bring out the latent and creative talents of the people will be encouraged

Each potential innovator faces a large upside, but also a high degree of risk. If the innovation is successful, its pioneer reaps a large gain, as does society at large.

On the labour market professional education acquired by teachers is highly valued and the educational system often loses people with good management features, an innovative approach and creative potential.

To harness the potential of the younger generation, the national Youth Development Plan revolves around a three pronged strategy leadership training, acquisition of vocational and technical skills, and an entrepreneurship programme.

In some cases, local private players have been able to identify the potential of Trade Points and to develop competing services.

Better quality of rural life entails enhancing agricultural productive capacities, promoting agro processing for income creation and employment generation, reducing post harvest losses, and using local sources of renewable energy as potential livelihood growth impulses.

(e) Linking value chain development with dynamic small and medium enterprises that serve as potential sources of income creation and employment generation.

The extractive industry offers potential for job creation and economic growth which are important elements in promoting an environment conducive to the enjoyment of human rights.

At the country level, the programme identifies promising entrepreneurs and provides them with training to strengthen their entrepreneurial talents (i.e. based on personal qualities such as the entrepreneurial traits referred to above) and business skills.

(d) Strengthen support for PSD activities in new markets with major income generating potential by investing additional resources in selected country offices

In India, for instance, there are examples of the job creation potential of ICTs in the software industry, where more than 350,000 people are employed.

The Global Entrepreneurship Monitor (GEM) model posits a U shaped relationship between the entrepreneurial activity in an economy or region and national income.24 Entrepreneurs are divided into necessity entrepreneurs (i.e. those trying to start a business because they have no job options) and opportunity entrepreneurs (i.e. entrepreneurs fulfilling the traditional functional roles of risk seeking, innovativeness and opportunity seeking).

In many developing countries there is a growing awareness that education and vocational training needs to impart entrepreneurship skills, management skills and the promotion of an entrepreneurial culture.

(e) Allowing a more efficient use of the farming potential of land and plants.

General description Framework and institutional interventions are needed to harness the full potential of entrepreneurship and SMEs for improved economic performance.

Agricultural policies should particularly aim at increasing food production, improving access to food by low income people and enhancing the income generating potential of agriculture.

The Commission considered the issue of how to unleash the potential of entrepreneurship in developing countries, including through the EMPRETEC programme.

The materials processed have tremendous commercial potential in the electronics and optical industries.

With greater support from national and local governments, the indigenous entrepreneurship and creative potential of the informal sector operators could be tapped and small informal enterprises could grow into more productive formal enterprises which would yield employment, growth and a significant increase in tax revenues.

Job creation and enterprise promotion

The potential for employment generation through shelter programmes, including programmes of housing rehabilitation, is now widely recognized.

85. In implementing sectoral policies, particular attention should be given to the potential of such policies to generate employment and contribute to the eradication of poverty.

The job creation potential of ICTs is explicitly addressed through employment measures linked closely with education and training policies.

Furthermore, with record high unemployment rates, Europe needs jobs in dynamic, competitive industries that cannot easily be outsourced. The European Commission has identified the green economy as one of the areas with the highest job creation potential.

Employment creation, enhancement of skill levels and creation of linkages

27 and 28). In the case of low income countries or regions, where necessity entrepreneurship rates are high and start ups offer little in the way of adopting new techniques or innovations, policies need to focus especially on the general enabling conditions that trigger entrepreneurship.

We must create the conditions to reap their full potential.

GWP global warming potential

However, that growth was fragile, because it came from peripheral sectors of the economy rather than from the basic sectors with high growth and job creation potential such as agriculture or mining.

So he basically set up, or basically shattered the suspension of disbelief, because what he photographed was the real thing, a Mir sub going down, or actually two Mir subs going down to the real wreck, and he created this very haunting footage.

If we can lower the barriers to farming, building, manufacturing, then we can unleash just massive amounts of human potential.

Few economies can pride themselves on such a successful rate of net job creation.

New and innovative ways to develop and strengthen industrial and technological skills

In China, the very act of deregulating employment by allowing self employment has released the floodgates of entrepreneurial energy and led to a rapid growth of SMEs established by peasants and urban dwellers.

Manufacturing accounted for 14.5 per cent of Paraguay's GDP, with a potential for growth, inter alia, in light industry, energy intensive industries and agro industries.

The employment generated by the larger firms would also reduce the levels of necessity entrepreneurship.

The potential of tourism to create jobs was considered particularly important and the Subcommittee noted that tourism could be a useful tool for poverty alleviation and also stimulate economic and social development in local communities.

It nurtures a pro business environment that encourages enterprise formation and growth, facilitates the growth of industries, enhances the productivity, innovation and capabilities of enterprises, and helps increase access to markets and business opportunities.

The entrepreneurial framework conditions aim to enhance the skills and motivations of individual entrepreneurs.

It's a conversation about potential.

Can you swim underwater?