I was catching up with some reading over Christmas and read an interesting article on systems change in the RSA Journal . In the article’s lead, the author states that “To tackle the challenges faced by our public services, we need to learn to think like a system and act like an entrepreneur.” I found this thought quite intriguing and not only true for tackling challenges of public services, but also challenges in development. Continue reading
Entrepreneurship is the modern-day philosopher’s stone: a mysterious something that supposedly holds the secret to boosting growth and creating jobs.
This is how a recent Schumpeter column in the Economist starts out. The argument that the author shares with us is basically that the heist for entrepreneurship both in developed countries as well as in developing countries (although he focuses on the first) is based on a faulty understanding of what an entrepreneur actually is: Continue reading