Are entrepreneurs born or can entrepreneurship be fostered, both in the modern sector of the economy and among microenterprises
Innovation is an engine of productivity growth in any country. This is not only true in large firms, it can also hold the key to improvements in living standards among entrepreneurs in the informal sector. While many microenterprises are little more than subsistence jobs, some can thrive and lead to good jobs. What is it that affects who pursues – or creates – an opportunity? Is it possible to determine what type of knowledge is conducive to nurturing entrepreneurs and innovation? And can such knowledge be transferred – and if so, how?
Responses received to this post via Twitter:
Two responses to this Wiki topic have been received from the JKP's Twitter audience. Twitter user @yelanparthy said entrepreneurship is being taught, but not all who learn become entrepreneurs - one must be born with an "entrepreneur's spirit." Twitter user @WindMiner said no, because entrepreneurship isn't a skill but is an inherent way of being, which begins with a high-tolerance for risk, among others.