The Kauffman Foundation has released another video on entrepreneurship: the Kauffman Sketchbook series. These are are a useful way of getting a clear message across. This video is based on the Kauffman claim that “the best indicator of a country’s growth is the number of new firms started every year”. However, this is not as…
Poor Economics: A Radical Rethinking of the Way to Flight Global Poverty
Abhijit Banerjee and Esther Duflo (2011) Poor Economics: A Radical Rethinking of the Way to Flight Global Poverty, Public Affairs, New York For more than fifteen years Abhijit V. Banerjee and Esther Duflo have worked with the poor in dozens of countries spanning five continents, trying to understand the specific problems that come with poverty…
Creating entrepreneurial business environments
A key ingredient of entrepreneurship is risk. Doing things differently, inventing and producing different things, and providing different services… all this entails risk. Entrepreneurs invest in doing things differently and the outcomes of this investment are unpredictable. In fact, these investments are more likely to fail than not. Governments stifle entrepreneurship in Africa through policy…
The role of government
In efforts to promote entrepreneurship and innovation most attention is given how to development entrepreneurs. While it is generally recognised that there is no entrepreneurial gene that is passed on from one generation to the next and that entrepreneurs are made and not born entrepreneurial, a high degree of attention is given in some quarters…