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Entrepreneurship Today - The Resurgence of Small, Technology-Driven Businesses in a Dynamic New Economy (Hardcover, 1st ed. 2022)
Loot Price: R4,035
Discovery Miles 40 350
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Entrepreneurship Today - The Resurgence of Small, Technology-Driven Businesses in a Dynamic New Economy (Hardcover, 1st ed. 2022)
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This book explores how the U.S. has been in the throes of a startup
revolution, fueled by a risk-taking culture. There has been a
growth of young startup from 1994, accelerating after 2010 through
the present day. Most entrepreneurial activity is in the
professional and business services sector, which comprises
technical services as well as research and development. However,
new establishments face a low survival rate, suggesting that
starting businesses is not the problem, sustaining their
development and growth is the principal challenge. A paradox is
presented by the simultaneous presence of declining labor force
participation rate among prime working age adults, a decrease in
productivity growth rates in the past decade and a startup
revolution. There are five native skills that are acquired by
experience rather than formal education: resourcefulness, practical
intelligence, over-optimism and personal initiative. These are
built on a foundation of attributes that form the culture of
risk-taking and decision-making. Underlying values and beliefs
include collaboration, openness to new ideas, an awareness of the
environment and the needs of people in your radius of interaction.
A strongly embedded community forms the essence of entrepreneurial
culture, and its values cannot be taught, they must be learned
through experience.
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