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The Promise of Digital Entrepreneurs

Creating 10 million youth jobs in the G20 countries

Overview

Research conducted by Accenture and the G20 Young Entrepreneurs’ Alliance (G20 YEA) has discovered that digital entrepreneurs are building real opportunity for the future of youth jobs in G20 countries.

Young entrepreneurs are the driving force behind job creation in the G20 countries, powered by their relentless efforts to innovate and embrace digital technologies: social media, mobile computing, big data, cloud and ‘the internet of things’.

New Accenture research concludes that lifting existing barriers: digital skills shortage, logistics at scale, policy and regulation, access to local markets and access to finance, with the help of large companies and other bridgemakers, could help young entrepreneurs to create 10 million more youth jobs in G20 countries.


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Opportunities

What opportunities are digital entrepreneurs creating?

Open Innovation/Collaboration
Entrepreneurs thrive on open innovation facilitated by digital technologies.

Bridgemakers—especially large companies—play a critical role in today’s open innovation ecosystem as they can help translate entrepreneurs’ ideas into marketable products.

Globalization
The new generation of entrepreneurs is “born global.”

They believe that global expansion is important to job growth and that digital technologies facilitate such expansion. Multinational companies are key bridge makers to accelerate entrepreneurs’ international expansion.

Talent & Education
Entrepreneurs succeed or fail on talent—digital skills shortage hits entrepreneurs hard.

Entrepreneurs are key job creators in the G20 countries, however skills shortage, lack of labor market flexibility and access to finance are barriers to more youth jobs.

Conversations

Accenture Chairman & CEO Pierre Nanterme describes the company’s relationship with the B20 and G20 Young Entrepreneurs' Alliance Partnerships as well as Accenture's long-standing commitment to building a better future for the communities in which we work and live. He also highlights Accenture’s new research report, "The promise of digital entrepreneurs," which was published for this year’s G20 YEA Summit in Australia.

70% of entrepreneurs who created their business in the past 12 months are "born global" entrepreneurs aiming to reach global markets from day 1. This is one of many research findings shared by Francis Hintermann, Global Managing Director, Accenture Research, while discussing Accenture's new research report "The promise of digital entrepreneurs," which was published lfor this year’s G20 YEA Summit in Australia.

Open Innovation

The Role of Bridgemankers

Skills to Succeed

Skills to Succeed, Accenture’s corporate citizenship initiative, helps address the global need for skills that open doors to employment and economic opportunity. Together with our strategic partners, we have equipped more than half a million people with the skills to get a job or build a business, and we will equip 700,000 by 2015.
Our Skills to Succeed Impact Around the World
Accenture and Young Business International – Helping Young Entrepreneurs Build Businesses

How Accenture is helping entrepreneurs and large companies
Using our knowledge of the technology ecosystem, including VCs, start-ups, universities and emerging technology companies, combined with our understanding of client needs, Accenture Open Innovation connects both clients and Accenture services teams to organizations that will provide value to their business, services and products.