ECON 1 Lecture Notes - Lecture 6: Sustainable Energy, Mobile Marketing, The Foundations
Document Summary
Chapter 1 the foundations of entrepreneurship: the world of the entrepreneur. Entrepreneurs are introducing innovative products and services, pushing back technological frontiers, creating new jobs, opening foreign markets, and, in the process, driving the u. s. economy. These entrepreneurs create companies, jobs, wealth, and innovative solutions to big problems (e. g. sustainable energy sources). Nowadays entrepreneurship is one of the most desired career paths within the group of college students. Generally, one can say in our quickly changing world the bottom line is that most people will probably become an entrepreneur at some point in their life; the entrepreneurial activity across the globe thus is high: Big companies have downsized a lot in the recent years and therefore sorted out many managers as. Castoffs of big enterprises who now form a new population of entrepreneurs. Downsizing also led to higher employee mobility since the feeling for job security and following this loyalty decreased.
