Saturday, 10 December 2011

The heart that pumps innovation

The article "The Heart That Pumps Innovation" from the book "From Poverty to Prosperity" written by Kling, Arnold and NIck Schulz, 2010 talks about what makes a person an entrepreneur and its source of innovation. Innovation comes from entrepreneur and a strong sense of private property ownership. Because of US unique economy that promotes small business to mobilize rather than having big businesses that dominate the economy, it ensures the competitiveness of US economy. However, the biggest problem that an entrepreneur will always need to dwell is the resistance of change that dominates in our action and behavior.

Some of the questions in my mind:
1. How to become a successful entrepreneur? The theory sounds very fantastic, but if you put into practice that might be a different story. The article talks about the story of Steve Job, but it also mentions lots of failure like netscape. It's a gambling, and only one out of the million can be truly successful.
2. Is everyone suitable to be an entrepreneur? It needs charismatic, it needs luck... ... which is like, not everyone?
3. Is change really a good thing? At least according to the ex-Prime Minister of Malaysia, change might not be a good thing. :P

I think there's nothing much I can argue back to the article because I personally very much Pro-entrepreneur. I like the article part that emphasizes on change and the resistance of change faced by many people around the world. The world is unfair but if we can tackle the unfairness with techniques we can definitely become a successful entrepreneur.

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