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Global environmental challenges and engineering solutions, ENGINEERING…
Global environmental challenges and engineering solutions
Ensure Access to Water, Sanitation, and Sustainable Management
Conserve and sustainably use the oceans, seas and marine resources
Securing Sustainable Energy and Expanding Its Use
Securing a Sustainable Production and Consumption
Climate Change and Mitigating Its Effects
Protecting and Restoring Ecosystems, and Preventing the Loss of Biodiversity
Impact of globalisation and offshoring on engineering employment
The Pros
Companies must do what's best for their investors
It will help improve the economies of poorer countries.
Much of the revenue earned abroad returns to this country in wages for other employees
The Cons
Prices drop only marginally due to offshoring, while wages decrease substantially due to unemployment. This reduces the consumer's ability to purchase the product or service.
The consider able profits to be made from offshoring are retained by the rich, while the middle class pays higher taxes and loses purchasing power.
ENGINEERING ENTREPRENEURSHIP
Definition
Entrepreneurshipis (generally) the practice of starting new organisations or reactivating mature ones
Can range from solo projects to major undertakings
Expectations
be willing and able to convert a new idea or invention into a success innovation
be able to develop new markets of customers and buyers
discover new sources of materials
mobilize capital resources (land, machines, buildings, money, humans)
introduce new technologies, products and services
Dual Role of an Engineer Entrepreneurship
a technological professional with entrepreneurial skills
He must be able to integrate business management skills with technical skills
Advantages of Engineering Entrepreneurship
Self-employment, leading to job satisfaction, flexibility in time and resource management
Creation of job opportunities, the number depending on the size of, and available resources to the entrepreneur
Healthy competition, leading to higher product quality
Availability of more goods and services
Development of more industries, particularly in rural areas
Development of entrepreneurial qualities and attitudes
Important of Engineering Entrepreneurship
Developed countries are continually searching for markets for their products
Developing countries are becoming dumping ground for goods produced in other parts of the world