Not eco­nomic driv­ers

Finweek English Edition - - ENTREPRENEUR -

The in­tro­duc­tion of the new De­part­ment of Small and Medium En­ter­prises to Govern­ment is one of the in­di­ca­tors that a fo­cus on en­trepreneur­ship is meant to be an eco­nomic driver, an an­swer to the ris­ing un­em­ploy­ment rate and a way of re­liev­ing the bur­den of job cre­ation from large cor­po­ra­tions. But there are great thinkers in the field of en­trepreneur­ship who ar­gue that those driven to start­ing their own busi­ness out of need and lack of other em­ploy­ment op­tions are not go­ing to be the so­lu­tion to the above in­tended out­comes.

There has been much fo­cus on the per­sonal char­ac­ter traits that de­fine an en­trepreneur but there are other de­ter­mi­nants that need to be taken into ac­count if the de­sired out­come is eco­nomic stim­u­lus, the dis­tinc­tion needs to be drawn be­tween a ne­ces­sity en­trepreneur and one of op­por­tu­nity. Forced en­trepreneur­ship is more

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