E-Magazine
Editorial
“Innovation is the specific instrument of entrepreneurship…the act that endows resources with a new capacity to create wealth”, says management Guru Peter Drucker.
Businesses based on knowledge, innovation, new technology, that are designed to grow quickly are what’s needed to kick start the economy. We know entrepreneurs create wealth, and help communities operate in the global economy. However, it’s the high-growth entrepreneurs who will create the bulk of new jobs. Policymakers must help entrepreneurs gain access to the information and technology needed to spur growth and they must help entrepreneurs acquire the technical and managerial skills to cultivate that growth.
This issue of Enterprising Matters centres on ‘high growth entrepreneurs’ and is packed with a wide variety of articles from academics, practitioners and policy makers within this area. This month’s debate piece “Spinning the Wheel” by Francis Greene has certainly stirred up some strong responses from our panel of commentators and has generated plenty of counter argument. The British Library talks about its Business and IP Centre and the work its been doing in the three years since it opened, David Rae gives advice on how to grow a business in a recession and there is much more.
This is certainly relevant stuff; in economic conditions that could be described as the least conducive to growing a business ever seen, it’s very interesting to hear the debate on what constitutes a high growth business and how success can be achieved even in the current climate. It’s also encouraging to hear from organisations that are continuing to thrive or helping small businesses to get off the ground.
As Martin Luther King once wrote “The real measure of success comes, not during times of comfort and convenience, but at times of challenge and controversy”, let’s see where the next few months takes us.
Spinder
Dr Spinder Dhaliwal is Vice President (Media and PR) for ISBE She is the author of Making a Fortune – Learning from the Asian Phenomenon (Capstone) and a Lecturer in Entrepreneurship at the University of Surrey.
