Saturday, June 19, 2010

Economists on Entrepreneurs

I don't know where I got these quotes, but I like them.

Humanity's progress from caves to campuses has been explained in numerous ways.  But central to virtually all of these theories has been the role of the "agent of change," the force that initiates and implements material progress.  Today we recognize that the agent of change in human history has been and most likely will continue to be the entrepreneur.

Entrepreneurship consists in doing things that are generally not done in the ordinary course of business routine...

In entrepreneurship,...we are talking bout a kind of behavior that includes acceptance of the risk of failure....
the ability to create and build a vision from practically nothing: fundamentally it is a human, creative act.  It is the application of energy to initiating and building an enterprise or organization rather than just watching or analyzing.  It is the knack of sensing an opportunity where others see chaos, contradiction, and confusion.

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