NEU_贺新_向东_左印波_The graduate entrepreneurship should be encouraged.doc

Names: Xin He (贺新); Dong Xiang (向东); Yinbo Zuo (左印波) Course: Writing a research paper in English for graduates Date: April 21, 2010 The graduate entrepreneurship should be encouraged ABSTRACT：Thousands of graduates step out of campus into society every year so that the competition for graduates finding a desirable job becomes very fierce. At the same time, entrepreneurship draws the graduates more and more attention under this oversupply employment situation. This paper reveals the practicability of the graduate entrepreneurship and highlights the reasons why our society should encourage college students to set up a business owing to its positive impact both on individuals and society. In order to illustrate the benefits of the graduate entrepreneurship in China, previous literature and all kinds of statistics from the authorities were collected. Furthermore, the study showed that the graduates who want to start a business not only with the aim of the dream of wealth and the pursuit of freedom, but also the improvement of their own quality. Meanwhile, the graduate entrepreneurship can ease the employment pressure and create more social wealth. The results demonstrate that the graduate entrepreneurship should be encouraged. Besides, our government and the relevant departments should introduce some policies and strengthen the construction of infrastructure to support the graduate entrepreneurship. Key Words: Encouragement; Graduate entrepreneurship; Entrepreneurship Introduction The world labor market is at high risk of unemployment rate in the long-term. This situation not only affects the economic development, social stability, but also seriously affects peoples quality of life. China is no exception. It is home to approximately one-quarter of the world’s population (Bruton Ahlstrom, 2003, p. 234). Research by Hu and Zhao (2006) pointed out that China had experienced the largest restructuring and laid-off workers in the world since 1995, only during the period 1996