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Published by Matthias Catón

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Published by: Matthias Catón on Sep 20, 2011
Copyright:Attribution Non-commercial


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 A. Description of the issue
Entrepreneurship is the key driving force behindeconomic growth and innovation around theworld. Entrepreneurs have the ability to turn newideas into breakthrough solutions while creatingemployment and spreading prosperity. It isentrepreneurs who will most likely createsolutions to the world’s most important and complex challenges aroundsurrounding health, energy and human development. But entrepreneurs alonecan not make change happen, no matter how visionary and persistent, unlessthey operate in an environment that supports and rewards risk risk-taking.People choose entrepreneurial careers when they anticipate economic,psychological or social rewards that outweigh the risks relative to moretraditional forms of employment. An improved understanding of the types of regulatory and cultural environments that foster entrepreneurships can helpdevelop policies designed to advance continuous innovation and new businesscreation. What are the critical success factors and best practice models for thedevelopment of entrepreneurship? What are the barriers?
1.241 | Summit on the Global Agenda
B. Dimensions
Entrepreneurial culture:
Entrepreneurial activities flourish in societiesthat value and recognize innovativeness and risk-taking. What practicescan help create an entrepreneur-friendly environment? What initiativescan help increase public recognition and appreciation of entrepreneurship?
Regulatory framework and the economics of entrepreneurship:
Entrepreneurial activity responds to policies that impact ensure theprotection of new ideas, that facilitate access to capital and talent, andallow to the management of risks. What regulatory frameworks in theareas of intellectual property, immigration, bankruptcy protection andcapital markets can best foster entrepreneurial activity?
Venture capital:
Finding capital remains one of the most critical issuesentrepreneurs facethat entrepreneurs face. What forms and sources of financing are best suited to serve early capital formation?
Entrepreneurship education:
What is the most effective form to of education to fashion educate entrepreneurs from the early formativestages to higher education and beyond? How can we best educate themanagerial talent that who will support support the foundingentrepreneurs as they grow their ventures receive the best education?
Sustaining innovation in mature organizations:
Matureorganizations must rely on internal and external entrepreneurs to keepmaintain the pace of innovation and remain viable. What modes of symbiotic collaboration will allow large companies to tap the innovationcapability of smaller ventures?
Entrepreneurship Wof women entrepreneurship:
Women representat least half of the productive resources of any society and areinstrumental to spill over economic growth across society. Yet , womenoften encounter gender-specific barriers that need to be understoodand addressed.
Family entrepreneurship:.
In most societies, it is tthe family, ratherthan the individual, that drives entrepreneurial activity. Entrepreneurialfamilies are fertile grounds to develop new entrepreneurs, ; they offeradvantages in funding new ventures and are often better equipped tothey help manage risk. How to can sustain family entrepreneurship besustained across generations?
1.242 | Summit on the Global Agenda

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