Governments, NGOs, businesses, and other stakeholders have, for some time, sought to encourage entrepreneurship in their communities or in other regions of the world where this activity is viewed as a solution to economic and societal challenges. As understanding about this activity has increased, so has the notion that simply encouraging more people to start businesses isn’t necessarily the most effective use of resources. Initiatives instead need to focus on particular types of entrepreneurship or entrepreneurs: for example, growth-oriented entrepreneurs, women, youth, or technology ventures.

The Notion that Simply Encouraging More People to Start Businesses Isn’t Necessarily the Most Effective Use of Resources

December 31, 2018

Governments, NGOs, businesses, and other stakeholders have, for some time, sought to encourage entrepreneurship in their communities or in other regions of the world where this activity is viewed as a solution to economic and societal challenges. As understanding about this activity has increased, so has the notion that simply encouraging more people to start businesses isn’t necessarily the most effective use of resources. Initiatives instead need to focus on particular types of entrepreneurship or entrepreneurs: for example, growth-oriented entrepreneurs, women, youth, or technology ventures.

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