Answer to Question #176795 in Economics for Tsakani Basani

Question

List any five factors that give a rise to large shortages of entrepreneurial talent

Answer 1

A host of factors, however, are contributing to the growing mismatch between available talent and the skills required by businesses. These include geopolitical issues, demographic trends and political, social and economic instability. At the same time, rapid innovation, increasingly volatile business cycles and a growing tendency towards industry clustering within a particular geography, are all making it harder for individuals, governments and businesses to make informed long-term decisions about investing in education and training.