The think tank for global entrepreneurs
Archive for the ‘Entrepreneurship’ Category.
Discussions of Global Entrepreneurship
A true global entrepreneur, Howard Schultz, who led the purchase of Seattle-based Starbucks Coffee in 1987 for $250,000, later boasted, “Starbucks is going to be a global brand, in the same genre as Coke and Disney.” Continue reading ‘What is a global entrepreneur?’ »
Entrepreneur is a word borrowed from the French words entreprendre, “one who undertakes”—that is, a “manager.” In fact, the word entrepreneur was shaped probably from celui qui entreprend, which is loosely translated as “those who get things done.” In the early eighteenth century, a group of thinkers called the Physiocrats surfaced in France around a school of new economic theory. They were the first proponents of laissez-faire and opposed all government intervention in industry, especially taxation. Their doctrine was that the economic affairs of society are best guided by the decisions of individuals. Continue reading ‘What is an entrepreneur?’ »
Lesson Plans To Entrepreneurship
Our Lesson Plans To Entrepreneurship are practical, and the information comes directly from the “front-lines” of business battles. Our approach is aimed at creating knowledge, skills, and awareness in the critical aspects of funding, launching, and growing a new business venture and then leading it to a successful harvest. Continue reading ‘What are the key lessons to entrepreneurship?’ »
As published in Nature Biotechnology
Starting and sustaining a business in the life sciences is not for the faint of heart. And in an increasingly complex business environment, biotech entrepreneurs should look for complementary partners and new business opportunities to effectively build their companies. By Rohit Shukla, CEO Larta Institute
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American rural economies are as dynamic as their suburban and urban counterparts are, finds a working paper released today by the Office of Advocacy of the U.S. Small Business Administration. Southern Regional Advocate Pat Gartland discussed the paper’s findings at a meeting of the Thomasville, Georgia Chamber of Commerce.
Continue reading ‘Report: Rural Economies As Dynamic As Suburban & Urban Areas’ »
The Venture Impact Report
Published by the National Venture Capital Association (NVCA), Venture Impact takes a look at the economic impact of venture backed companies. This study looks at the contribution venture backed companies have had on overall job creation, revenue creation and innovation over the last 30 years.
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Defining Corporate Social Responsibilities
Conducting business globally, and making it work humanely, is quickly becoming the dominant issue of today. Trade, investment, and information technology are exploding across borders and overwhelming governments’ ability to provide social safety nets and public services to cushion the impact of globalization on people. The result is shaping up as a new era of corporate social responsibility. Being a “good global citizen” means conducting business responsibly and being committed to conducting business with the highest level of integrity and in an ethical and responsible manner. Continue reading ‘What is corporate social responsibility?’ »
Discussions About the Nonprofit Sector and Social Entrepreneurs
A Social or Nonprofit Entrepreneur uses established, proven entrepreneurial management practices primarily in the public and nonprofit sectors to solve a range of social problems in the areas of health, safety, environmental protection, and community involvement. Continue reading ‘Why does social entrepreneurship make good sense?’ »
Discussions of Social Entrepreneurs and Their Work with Nonprofits
Social entrepreneurs are entrepreneurs pursuing a social mission and substitute profits for social causes. A social entrepreneur uses formal strategic management practices primarily in the public and nonprofit sectors to solve a range of social problems in the areas of health, safety, environmental protection, and community involvement. Continue reading ‘What is a social entrepreneur?’ »
The Role of Small and Large Businesses in Economic Development
This paper explores whether promoting entrepreneurship and small businesses makes sense as an economic development strategy. The author concludes that it probably does, but with some caveats. Small businesses are potent job creators, but so are large businesses. Continue reading ‘Report: Entrepreurial activity & economic development’ »
Milton Friedman began his teaching career at the University of Chicago isolated intellectually. He defended the ideas that competitive markets work efficiently to allocate resources and that central banks are responsible for inflation. By the 1980s, these ideas had become commonplace. Continue reading ‘Contributions of Milton Friedman to Economics’ »
Small Business Growth: Searching for Stylized Facts
This is an Office of Advocacy working paper by Brian Headd and Bruce Kirchhoff. The authors analyzed data from special tabulations of the U.S. Census Bureau’s Statistics of U.S. Businesses (SUSB) database. The SUSB data provided information on how firms started, grew, merged, declined, survived, and closed from 1992 to 2002. Continue reading ‘Report: Small Business Growth in U.S.’ »
Ernst & Young Entrepreneur Of The Year(R) 2007 Magazine
The Entrepreneur Of The Year (EOY) awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. Continue reading ‘Entrepreneur Of The Year 2007 Magazine’ »
Educational Attainment and Other Characteristics of the Self-Employed: An Examination using Data from the Panel Study of Income Dynamics
It was once assumed that college graduates would go to work for a Fortune 500 firm and that is often true; what is also true is that more students see entrepreneurship as a viable option for their careers. This study examines the relationship between education and the choice to become an entrepreneur, building on previous research and using the Panel Study of Income Dynamics (PSID) to analyze the characteristics of the self-employed compared with individuals employed by others. Continue reading ‘Do you see entrepreneurship as a viable career?’ »
Transatlantic Innovations in Affordable Capital for Small- and Medium-Sized Enterprises: Prospects for Market-Based Development Finance
A joint report by the German Marshall Fund of the United States and the Milken Institute. Traditional state and donor-driven approaches to economic development in the SME sector have largely failed. Macroeconomic, institutional, and financial weaknesses prevail in many developing countries, hindering SME financial access and development. Continue reading ‘Affordable Capital for Small & Medium-Sized Enterprises (SMEs)’ »
Small Businesses Lead U.S. Growth: Report Documents Small Firms’ Significant Economic Impacts in 2006
The study, The Small Business Economy: A Report to the President for 2007, is the Office of Advocacy’s annual report on the state of small business in America. The report reviews the economic environment for small businesses in the year 2006, including the financial and federal procurement marketplaces. New research focuses on minority- and veteran-owned businesses, social entrepreneurship, and pre-venture planning. Other chapters and appendices provide data on small business and an update on Office of Advocacy initiatives.
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Each year, the Office of Advocacy of the U.S. Small Business Administration is
tasked with documenting the importance of entrepreneurship to the American
economy and with highlighting policy issues of relevance to small firms. This
report summarizes the publications produced by the Office of Advocacy’s
Office of Economic Research in 2007.
NOTE: This is an Adobe PDF file. Download the Report in PDF
Famous Quotes About Entrepreneurship
Creating Your Start-Up Strategy
The beginning is the most important part of the work.
—Plato
The time to prepare isn’t after you have been given the opportunity. It’s long before that opportunity arises. Once the opportunity arrives, it’s too late to prepare.
—John Wooden, basketball coach of ten championships teams at UCLA Continue reading ‘What are some famous quotes about entrepreneurship?’ »
Wall Street Journal: Jack Kemp Previews McCain-onomics
I had the pleasure of meeting Mr. Kemp a few years ago. Here are my thoughts. For nearly every entrepreneur, access to private equity capital, or risk capital, is a key ingredient to successful business growth. Continue reading ‘Entrepreneurs, Low Taxes, Create Economic Growth’ »
Quickview At Understanding the Venture Capital Industry
We present answers to some of the most popular questions entrepreneurs have about venture capitalist.
>>See Also Special Guide: Venture Capital, Special Guide: Creating Your Business Plan
Continue reading ‘Venture Capital: Frequently Asked Questions’ »