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Are Young People the Key to Unlocking Asia’s Creative Economy?

28 June 2022

By

Jakira Khanam

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There are more than 750 million young people aged 15 to 24 years in Asia Pacific. This accounts for over 60% of the world’s youth.

However, the youth unemployment rate in APAC is approximately 10.5%, more than double the unemployment rate of the total working age population. Poor quality vocational education and lack of decent work prospects mean that young people face both poor educational outcomes and vulnerable employment conditions.

There is already strong and growing donor interest in the development of ‘future skills’ in the region, with a number of private and corporate philanthropists identifying youth employment and skills development as a priority area.

The skills needed to connect young people with the creative economy

But what ‘future skills’ do young people need to develop in order for countries to future-proof its human capital?

We like to refer to these skills, mind-sets and behaviours as a ‘no regrets skillset’ – the skills that changemakers of all ages will need to develop in order to not only survive but thrive in an ever-changing world.

‘Creativity’ – in this case we mean technical not artistic creativity, using lateral thinking techniques like “brainstorming” or “random input”, or “programmed thinking” that relies on logical or structured ways of creating a new product or service. Using our imagination and developing the ability to visualise alternative solutions or states of being supports us to be more effective learners and workers in any role.

‘Social entrepreneurship’ –anyone who is doing something to help solve a social and/or environmental problem in their community in an enterprising way, regardless of age or position is practising ‘social entrepreneurship’. This term is open and inclusive to anyone who wants to make the world a better place.

When young people feel empowered to earn a living through fulfilling work, and their creativity and talents are nurtured, they can take up their roles as active, engaged citizens. This contributes to a positive cycle of economic growth, investment and social justice.

Young people are already turning their learning into action

As adults, if we think back to a time when we have put creativity into action, we are most likely to cite real-life examples. This is what is needed for young people, the opportunity for them to apply these key skills in a real-life setting.

I’ve seen this first hand through the young people that we work with at the Social Enterprise Academy.

Social Enterprise Schools launched in Malaysia in 2021 as part of Good SENS – the flagship financial literacy programme of the Financial Industry Collective Outreach (FINCO).

From upcycling products to provide food for families affected by covid-19, to selling face masks to plant Mangrove saplings, primary school students have developed creative businesses to solve the social and environmental issues that matter most to them and their community.

Likewise, through the Inclusive Islands programme, we saw young social entrepreneurs across Indonesia build peer support networks to grow their social enterprises in creative ways.

Take Atikah Risyad, a young social entrepreneur who established Family Farm Lintau, an agro-tourism social enterprise that develops the tourism and agriculture sectors in Lintau through offering weaving and gardening programmes and rice field tours to tourists.

Or Rusmanhadi Takbir, who offers support and leadership opportunities to young people in Makassar through his social enterprise, BINE, which creates accessories such as keychains, tote bags, and pins from local materials.

Creating a leadership pipeline of young, creative social entrepreneurs

The United Nations declared 2021 the International Year of Creative Economy for Sustainable Development. Indonesia, having sponsored the proposal and proposed the theme of “Inclusively Creative: A Global Recovery”, is leading the initiative to promote the creative economy, which is expected to become a new driver of prosperity.

The creative economy is an evolving concept that builds on the interplay between human creativity and ideas, and intellectual property, knowledge and technology.

By creating a pipeline of young people who are more creative, entrepreneurial and financially literate, Asia and the Pacific’s future prospects for inclusive and sustainable growth, demographic transition and social stability will be able to reach its full potential.

In order to make this happen, we need to explore:

  • How do we, as leaders in the impact sector, enable young people’s voices, agency and creativity?
  • What can we learn from the next generation about how create fairer and more inclusive communities?

References

A. Environmental Stewardship
To protect the environment, we organize programmes like mangrove nursery and Reforestation, Coastal and River Clean-Up, Community Based Environmental Solid Waste Management, Environmental IEC Campaign and Eco-Academy

B. Food Security and Sustainable Livelihood
To ensure a sustainable livelihood for the community, eco-tourism include Buhatan River Cruise Visitor Center Buhatan River Mangrove Boardwalk are run by the community. Others include Organic Vegetable and Root crops Farming, Vegetable and Root crops Chips and by-products Processing and establishing a Zero waste store.

C. Empowered Communities
To empower the community, we provide product and Agri-Enterprise Development Training, Immersion and Learnings Exchange Program, Earth Warrior Training and Community Based Social Entrepreneurship Training

Author

Jakira Khanam

Regional Director, Asia

Jakira brings 19 years of experience in international cultural relations and international development having worked with the British Council and VSO. She has worked in diverse cultural contexts across the UK, Asia, Europe and the Middle East. Jakira is Regional Director, Asia at the Social Enterprise Academy International CIC, supporting strategic engagement with corporate partners, governments, institutions and civil society. She is responsible for the strategic development and growth of the social franchise partner hub network across the region.

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We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

We see social investment as a continuum that encompasses everything from philanthropy and venture philanthropy to impact investing, CSR and sustainable investment. We call this the “Continuum of Capital”.

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