What is the junior enterprise concept?
The junior enterprise is a non-profitable civil social organization it’s exclusively established and managed by undergraduates and postgraduates students. The main object is to engage young people in the professional life and help them develop both technical skills, soft-skills, problem solving, collaborative work and time management, it also offers them the possibility to acquire more entrepreneurship experience by learning how to make use of their studies in real life.
Unfortunately this concept is not given the attention it deserves in Tunisia unlike Europe
Who has a lot of exchange programs like (Erasmus), support network (Step anywhere), Etc.
Over the last decades, tech startups like Spotify, klarna , Deliveroo , Auto1 Group ,Glovo and many others(the most well-funded tech startups in Europe Startup Continent: The Most Well-Funded Tech Startups In Europe | CB Insights) continued to witness raising levels of investments from top investors in Asia and USA showing a good example on how a vibrant Entrepreneurial ecosystem should be like .
Also the Young Entrepreneur‘s organization (YEO) considered to be the best known JE it was Founded in 1987 by a group of five young entrepreneurs .the organization then changed its name to Entrepreneur’s Organization (EO) .The (EO) is a support network of 1400 entrepreneurs across 61 countries (for more info about EO Young Entrepreneurs’ Organization (YEO) – Encyclopedia – Business Terms | Inc.com)
So how does the JE concept play a role in the economic development of countries?
Entrepreneurial success is affected directly or indirectly by its ecosystem which is a blend of human, financial, professional, cultural and political components within a region. That’s why a healthy entrepreneurship need to be safeguarded and encouraged by government policies so that it can work splendidly.
“The concept of entrepreneurial ecosystem has recently gained increasing interest and quickly emerged as a promising topic among researchers and practitioners in a relatively short period of time to understand the context surrounding entrepreneurs in a specific territory either country, region, or city “(Stam & van de Ven, 2019;Meshram & Rawani, 2019).
… The concept of entrepreneurial ecosystem has recently gained increasing interest and quickly emerged as a promising topic among researchers and practitioners in a relatively short period of time to understand the context surrounding entrepreneurs in a specific territory either country, region, or city (Stam & van de Ven, 2019;Meshram & Rawani, 2019). The phenomena of entrepreneurial ecosystem presented in the 1980s and 1990s intended to create a supportive environment of interacting factors (institutional, governmental, social, cultural, and economic) that could promote the creation and development of new business venture within a specific territory (Meshram & Rawani, 2019;Stam & van de Ven, 2019)
So how can we make a better Entrepreneurial ecosystem? And how can it benefit the Tunisian economy?
I am not trying to be pessimistic but Giving the current economic situation in Tunisia it’s difficult to rely on the government solely even though we have attained democracy the country Is witnessing an economic deterioration. I personally think that Young people who see themselves as leaders and who would rather take the risk then those who choose stability offered by working for someone else should lead the country in entrepreneurship, as a mentality and as an activity
According to the “the Atlantic “in the past few decades most of the startups are what we call “small business” such as coffee shops ,or small construction firm but I do think that in Tunisia this is a very good start if we begin to look at these “small business” as the future of The country and start to work on developing ,funding and investing in it we would be taking the right path towards economic growth and prosperity .I strongly believe that we have to build our economy step by step and be patient about it , believe in its efficiency and help each other out without being set only on financial gain but to benefit the society as a whole.
Another thing I want to mention Is that there is not just one type of entrepreneurs there is the internal entrepreneurs which basically is “an entrepreneur who operates inside the confines of an organization such as a business unit or a government body “Wikipedia .It’s creating a new business within an organization for example Gmail , which grew out of Google’s and the Facebook “like” button was built during one of the company’s hackathons so they’re not building something from scratch nor risking their money instead they are working with the company resources that’s why it should be encouraged and incentivized through incentive programs other than internal entrepreneurs there is social entrepreneurs according to Lakshmldarsan,Medlum a social Entrepreneur is one who develops ,funds and implements solutions to social, cultural or Environmental issues .there exists profit and nonprofit social Entrepreneurial firms .
Since the first JE was formed in 1967 in France then it has spread to 46 countries around the world and entrepreneurs from different nationalities have made some great achievements that deserves to be celebrated and encouraged so that these young entrepreneurs can use their accomplishments to Drive toward future growth One of them is Mark Zuckerberg how was a university student when he founded Facebook, Instagram’s cofounder Mike Krieger was just 27 when he sold the app for 1$BILLION these success stories has inspired young people in the US and in Europe to start their own business .
Also I would like to share Europe’s top young founders Ali Rami who is the founder of Mansa at the age of 20,a startup that offers loans to freelancers using technology that can assess Intermittent payslips . The company has partnered with WeWork and banking app Shine to offer its services
Even though entrepreneurship is a newly founded concept we some successful JEs for example the Neapolis Marketing Consulting (NMC) Junior Enterprise(Accueil – Neapolis Marketing Consulting (nmc.tn)) , a consulting firm located in the Faculty of Economics and Management of Nabeul founded in August 2018 it has gained a good reputation with her professional team and members the NMC JE is full of potential and need more recognition by the government to nurture entrepreneurship.
Unregulated entrepreneurship may lead to unwanted social outcomes .Unfair market practices and criminal activities That’s why it’s crucial to understand the relationship between economic growth and entrepreneurship (the benefits and the drawbacks) for policymakers and business owners for a balanced approach to nurturing entrepreneurship in order to achieve positive economic and social impact.