They are a respected new breed occupying center stage in the U.S. economy. In 1993, small businesses generated an additional 1.7 million jobs, while companies with 25,000 or more shed 300,000 people. Creative people tend to gravitate toward entrepreneurial environments that offer more independence and flexibility. Structural changes in the marketplace are erasing many of the costly barriers that protected large businesses from pesky start-ups. Compelled by achievement, drive, or financial autonomy, entrepreneurs are obsessed with creating value.
Risk puts the edge on it.
If there isn't the possibility of failure, you don't jump over tall buildings in a single bound. As the corporations downsize, the entrepreneurship movement is likely to accelerate. As educators and researchers, we are in strategic positions to captain and guide the direction of this movement. We are assuming a major responsibility as we attempt to harness the energy of the entrepreneur through education, training, and life-long learning. We attempt to provide the best, most current and most relevant information to our students.