The Best 4 Tips For Entrepreneur Skills
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In a world where ideas drive economies, it's no wonder that innovation and entrepreneurship are often seen as inseparable bedfellows. The governments around the globe are beginning to understand that so that you can sustain progress and improve a country's economy, learn more about Staydu people have to be encouraged and trained to think out-of-the-box and be constantly developing innovative services and products. The once feasible ways of conducting business are no longer guarantees for future financial success!
In response to this inevitable change, some governments are rethinking the way the young are educated by infusing creative thinking and innovation within their nation's educational curriculum. Within the same vein, they may be putting much emphasis on the need to train future entrepreneurs through infusing entrepreneurship components in the educational system, especially at the tertiary level.
Some countries took this initiative to a better level by introducing entrepreneurship education at elementary schools and encouraging them to be future entrepreneurs when they are of age. In a series of survey funded by Kauffman Center for Entrepreneurial Leadership, it was found that nearly seven out of 10 youths (aged 14-19) were interested in becoming entrepreneurs.
Being an entrepreneur is now the choice of the new generation when compared with the preferred career choices of yesteryears such as being a doctor, lawyer or a fighter pilot. In a recent visit to the bustling city of Shanghai in China, an informal survey was performed among Chinese youths through the author. The results of the survey demonstrated that becoming an entrepreneur, especially within the field of computer and e-commerce, is perceived as a 'cool' career and is an aspiration for many Chinese youths Ahead of the 'opening up' of modern China, being an entrepreneur was perceived as the outcome of one's inability to hold the best government job and those who dared to venture, were often scorned at by their peers. Times have indeed changed.
With this change in mindset as well as the relative knowledge that entrepreneurs bring forth increased job creations, the awareness and academic studies of entrepreneurship have also heightened. In many tertiary institutes, many courses of entrepreneurship and innovation are increasingly being developed and offered to appeal to the increasing demand. The term "entrepreneurship" has also evolved with numerous variations. The proliferation of jargons such as netpreneur, biotechpreneur, technopreneur and multipreneur are coined to maintain the ever-changing times and business conditions that surround us.
In view of these changes, it's important that the definition of entrepreneurship be refined or redefined to enable its application inside this 21st century. To put it succinctly, "Good science has to start with good definitions (Bygrave & Hofer, 1991, p13)." Without the correct definition, it will be laborious for policymakers to produce successful programs to inculcate entrepreneurial qualities within their people and organizations in their country.
The paper will offer a summary of the definitions of entrepreneurship provided by scholars in the subject area. The writer will also expand on one of the definitions by Joseph Schumpeter to generate a better knowledge of the definition of the term "entrepreneurship" as applied in today's business community.
