Simply complete the center's alumni survey to become more involved in today's fast-paced entrepreneurial business arena. If you're running the show, it's waking up every day excited about your job. It's learning from mistakes, rolling with the punches, and knowing when to pack it in. It's an entrepreneurial world and welcome to it. There are more U.S. companies today than at any time since the mid-1800s, according to Scott Shane, associate professor of entrepreneurship and director of research at the Dingman Center for Entrepreneurship in the Smith School of Business.
People starting companies create wealth, and that process changes society.
The development of the Internet and advances in information technology have created new business opportunities and spurred business creation in the last decade. But it's not the new technology alone that's stimulated entrepreneurial fever. In the last five years, its attraction has been enhanced by the incredible stock market profits gained by Internet company owners. Technology has not only created business opportunities, it has eased entry, notes Baum, who founded two, and purchased five, businesses. It is possible to found a technologically innovative business in a dorm room with personal knowledge and a computer rather than purchase expensive machinery and buildings.