Chapter 10



We begin Part II of the book and switch to the concept of entrepreneurship in this chapter. We begin by again defining what we mean by entrepreneurship, given the plethora of definitions since the early work of Joseph Schumpeter, and discuss how that is different from innovation. We discuss briefly the entrepreneurial process that results in the creation of new ventures and then talk about the factors that drive entrepreneurship.



Entrepreneurial environment

Entrepreneurial process


Global Competitiveness Index (GCI)


US, China, and India: entrepreneurship

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