Seeing how things can be done can make a big difference. There are even examples of whole sectors taking off when workers leave their original companies to start their own firms. One of the more famous examples is the garment sector in Bangladesh. In the 1970s, the Daewoo Corporation from Korea teamed up with Desh Garment Ltd. Garment firms in Bangladesh had an advantage as they did not face export quotas under the Multi-Fiber Agreement at the time. Daewoo saw Bangladesh as a platform to access markets in rich countries. However, the workers trained by Daewoo also understood the opportunity. After acquiring skills, including technological and managerial know how, many workers than left Desh to become entrepreneurs and open up garment firms for themselves. Those ex-Desh workers helped create a garment boom in Bangladesh that created millions of salaried jobs.
There was another benefit to the take-off of the garment industry in Bangladesh. Most of these new jobs were held by women, empowering women and raising the education and investment in younger girls.
Responses received to this post via Twitter:
Two responses to this Wiki topic has been received from the JKP's Twitter audience. Twitter user @bottomup_ideas said being able to teach workers entrepreneurship can reduce his or her extent, and effect of, financial burdens from their extended family. Twitter user @TheIssue27 said in order to cultivate an entrepreneurial spirit in youth today, we have to change education methods and curriculum.