The Borneo Post

‘Forward-thinking strategies key to success in IR4.0’


KUCHING: Forward-thinking policies play a crucial role in nurturing and empowering entreprene­urs and ‘intraprene­urs’ to succeed in the Fourth Industrial Revolution (IR4.0).

According to Assoc Prof Lim Weng Marc who is Swinburne University of Technology Sarawak Campus’ School of Business head, when it comes to developing countries, the primary barrier to socio-economic growth is o en not the scarcity of capital, labour or land, but the scarcity of entreprene­urial individual­s who can bring these resources together, as well as the markets and the mechanisms that can facilitate them in this task.

“The National Entreprene­urship Framework and National Entreprene­urship Policy 2030, recently launched by the Malaysian government, are excellent examples of inclusive and visionary entreprene­urship policies that rightly position entreprene­urship as an integral part of the responses needed to meet the challenges of the human and machine interface in light of the IR4.0,” he spoke during a discussion on policy environmen­t and entreprene­urial developmen­t, led by him during a session at ‘Eighth United Nations Educationa­l, Scientific and Cultural Organisati­on–Asian Programme of Educationa­l Innovation for Developmen­t (Unesco-APEID) Meeting on Entreprene­urship Education’ held in Hangzhou, China recently.

Lim, who is from the university’s Faculty of Business, Design and Arts, was among the invited speakers at the event, which was a ended by more than 200 representa­tives of educationa­l institutio­ns, government agencies, civil societies, the private sector, as well as internatio­nal and regional organisati­ons from over 30 countries.

The deliberati­ons at the meeting also led to the launch of ‘ The Hangzhou Declaratio­n’, set to recognise the importance of ‘ Resolution­s 221’ and ‘ 284’ of the ‘ 71st United Nations General Assembly’.

It reaffirms that entreprene­urship and innovation are essential for every country to sustainabl­y develop its socioecono­mic potential and to advance the achievemen­t of the United Nations 2030 Sustainabl­e Developmen­t Goals.

The APEID is the first intercount­ry project in the world by Unesco that focuses on educationa­l innovation related to developmen­t needs, including the needs of educationa­l developmen­t.

It aims to promote awareness of the need for innovation in educationa­l endeavours and the possibilit­ies for change that such awareness offers.

Swinburne Sarawak has an excellent reputation for producing graduates who are high in demand. Its Graduate Employabil­ity Rate is 92 per cent, where the majority of its graduates gain employment within six months of completing their studies.

At its School of Business, students can expect to develop and sharpen their entreprene­urial skills through its authentic learning curriculum­s and capstone units. The school provides AACSBaccre­dited business degrees and entreprene­urship units that can be taken by both business and non-business students.

For more informatio­n about Swinburne Sarawak, visit www., Facebook page (@swinburnes­arawak), Instagram (@swinburnes­arawak), Twi er page (@Swinburne_Swk) or YouTube channel (Swinburne Sarawak).

 ??  ?? Lim leads the discussion on policy environmen­t and entreprene­urial developmen­t, during the UnescoAPEI­D event in Hangzhou.
Lim leads the discussion on policy environmen­t and entreprene­urial developmen­t, during the UnescoAPEI­D event in Hangzhou.

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