The extreme poverty and social inequalities prevalent in our society will not be addressed without creating employment opportunities through promotion of innovation and entrepreneurship. Pakistan's abysmal state in this regard is evident from the Global Entrepreneurship and Development Index (GEDI) where it is ranked at 133 out of 141 countries in 2012. Similarly, the Global Innovation Index (GII) by INSEAD ranked Pakistan at 105 out of 125 countries in 2011. Besides acute energy shortage and the resulting power outages, which have forced almost half of Pakistan's entrepreneurs to shut down their industrial operations and move their businesses elsewhere, Pakistan falls behind in many other important indicators as well. The most important factor is availability of human capital, where the UN Human Development Index (HDI) has ranked Pakistan at 145 out of 187 countries.
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"Nothing in the world can take the place of persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts.
Persistence and determination alone are omnipotent. The slogan, 'Press on,' has solved and always will solve the problems of the human race"Calvin Coolidge
"The aim of education must be the training of independently acting and thinking individuals who, however, can see in service to community their highest life achievement" Albert Einstein (1867-1934)
Muhammad Arif Lodhi. PhD (Biochemistry).
Address: Postdoctoral Research Fellow, CNRS, Laboratoire des Glucides, Universite des Picardie Jules Verne, 33 Rue St Leu,
80039 AMIENS, FRANCE
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