The Institute for Liberty and Policy Innovation (ILAPI) collaborated with the LEC group on their annual campus tour earlier this month. This annual tour was designed to highlight the various opportunities available in the entrepreneurial ecosystem.
The 2023 events were held on university campuses throughout Ghana with the goal of assisting university students in discovering their entrepreneurial potential in order to liberate themselves from government employment dependency both during and after school. Participants included lecturers, students, and other young entrepreneurs.
Mr. Peter Bismark Kwofie, Executive Director of ILAPI, explained how entrepreneurs and innovation play a significant role in an entrepreneurial journey during his presentation on An Introduction to Entrepreneurship, a book written by Eamonn Butler and published by IEA in 2020.
He went on to say that in order for an individual or an entity to be innovative, it must always look for productive opportunities in every phenomenon.
Furthermore, he agrees with Ridley’s philosophy that, while innovation aids in the discovery of new ideas and devices, it is a great equaliser for all, regardless of geographical location (Ridley, 2020). This phrase was explained using mobile phones and laptops as an innovative gadget used by diverse heterogeneous people without regard for geography or class.
He explicitly stated in his presentation that sociological factors can have a significant impact on one’s entrepreneurial journey.
To become an innovative productive entrepreneur, however, you must have the ability to transform valueless things into valuable things through the application of creativity, inventiveness, and an opportunity-driven Mindset.
Following the presentation, the number of participants surpassed the total number of books available. As a result, Patrick Adu, an ILAPI Research Volunteer, chose to distribute the books and CDs on ideas for a Free Society at random. He also encouraged them to read books about their entrepreneurial journey and to leave room for productive innovations.
Over 2400 students took part in the event, rethinking entrepreneurship for economic prosperity. Other students have expressed a desire for an internship or industrial attachment to help them develop their skills and conduct economic research. ILAPI’s internship programmes are also designed to address interns’ interests and needs in terms of liberty and its economic principles as a prerequisite for prosperity.
By: Stephen Dansu, Head of Research, ILAPI
