Entrepreneurship: Past, Present, and Future

摘要: Interest in entrepreneurship has witnessed significant growth these past five years. A simple count of the number times word appears newspapers and magazines features on successful entrepreneurs verifies this new development. Until wave interest, was a few had heard topic only real interest in. Previously, individuals felt that economic well-being United States-and indeed worldrevolved around big business government support. Large corporations were considered to be driving force behind an economy, as evidenced attempts such those Ireland Puerto Rico attract large multinational firms through use tax incentives. The perceived key for cultures many possible. Some did locate manufacturing facilities (but not research development marketing functions) "tax havens." Similar incentives offered by various areas States hoping plant relocation or expansion well occasional regional corporate relocation. Each city county followed procedure less developed countries-offering incentives, infrastructure support, other inducements attempt entice corporations' efforts. Bigger Isn't Always Better When it recognized create well-being, expected take up slack. These became "quasi-welfare states," with playing major role providing desired jobs income. In some areas, support eventually accounted more than 50 percent total expenditures. Big beautiful, whether form business. Academic institutions, too, immersed trend. Students prepared managers learning how mind store, avoid challenging beliefs assumptions organization. Emphasis organizational structure, lines responsibility authority, management principles--planning, staffing, organizing, directing, control. Little, if any emphasis placed innovation, creativity "doing your own thing." courses which departed from approach generally presented "small business" courses, management, finance. Most merely attempted downsize concepts larger organization smaller one. There little discussion even career counseling, about starting one's Instead, concern college university have prestigious school's recruiting list. Graduates successfully interview, survive, (hopefully) succeed corporation, partly building organizations underthem. Catch phrases were: "don't risks," "protect rear," "follow mentoring someone higher organization, riding their coattails." media, focused growth. locating heralded-in half page coverage--as great boost area's while software company received very limited coverage, at all. Little attention paid technological breakthroughs creation breeds livestock strains grain, dynamic chains pizza restaurants convenience stores. GrowingInterest Entrepreneurship Within decade thinking changed-gradually, course, first. Countries states taxincentive programs began realize relocated plants would employ workers, develop further employment ventures. …