I like the portfolio perspective and I could use the information to guide public policy to create and/or encourage more entrepreneurship through the implementation of economic development programs. The programs will vary based on venture type which I’ll try to stimulate entrepreneur activity through micro-loans, land and tax incentives, and looser regulations to lower barrier of entry.
Discussion Question:
Should policy makers be focus solely on incentivizing high growth ventures? Why or Why not?
Policy makers should not solely focus on incentivizing high growth ventures as it is important that all kind of entrepreneur activity like social entrepreneurship, inclusive entrepreneurship, technology and innovation led entrepreneurship should be encouraged for overall growth of economy and creating opportunities in every field and sector. High growth ventures are the main contributors to an economy, at the same time it is important that other kinds of entrepreneurship exist for better economic prospects and benefits of society. They provide employment opportunities, taxes and revenues as well as creating a whole ecosystem which becomes more advanced and sustainable with different kind of opportunities, community initiatives, knowledge base and experiences.
I like the portfolio perspective and I could use the information to guide public policy to...
Founded in 2006 by Blake Mycoskie, TOMS Shoes was an American footwear company based in Santa Monica, California. Although TOMS Shoes was a for-profit business, its mission was more like that of a not-for-profit organization. The firm’s reason for existence was to donate to children in need one new pair of shoes for every pair of shoes sold. Blake Mycoskie referred to it as the company’s “One for One” business model. While vacationing in Argentina during 2006, Mycoskie befriended children...