The Importance of Entrepreneurism

Excerpts from ‘iBosses: The Rise of Gen Y Entrepreneurs – The Momentum Behind the New Age of Entrepreneurs’

Entrepreneurs have a significant role in the growth of an economy, specifically in an emerging market such as the Association of Southeast Asian Nations (ASEAN). As a member of ASEAN, Singapore has faced increasing competition from the other developing Asian countries. Still, Singapore has retained its position as one of the top countries for competitiveness and innovation. The Singapore government encourages entrepreneurship at all levels. Even though there was a clear emphasis and desire for entrepreneurial activity, small businesses or entrepreneurial ventures have demonstrated significant failure rates because entrepreneurship was not widely accepted in most orgnizations.

创业家对推动经济发展担当重要的角色,在东南亚国家联盟(东盟)等新兴市场尤其重要。新加坡作为东盟成员国,面对其他发展中亚洲国家越趋激烈的竞争,但在竞争力和创新方面仍能保持领先地位。新加坡政府鼓励各类创业计划,但由于大部分机构并不欢迎创业,即使政府鼓励创业,小型企业或新成立企业大多以失败告终。

In Singapore, entrepreneurship has presented several challenges for Generation Y entrepreneurs. Although there have been studies that attempted to understand the features and qualities of entrepreneurs, there is a need to identify the factors or themes that are linked with how an individual decides to engage in entrepreneurship activities in the first place (Markman, Balkin, & Baron, 2002).

在新加坡,Y世代创业家在创业时面对多项考验。虽然有研究尝试剖析创业家的个性和特质,但必须首先识别促使个人决定创业的因素或主题 (Markman、Balkin & Baron,2002年)。

No Comments

Post a Comment