Jobs and the Future of Work

Are you an undercover entrepreneur?

Nicholas Davis
Professor of Practice, Thunderbird School of Global Management and Visiting Professor in Cybersecurity, UCL Department of Science, Technology, Engineering and Public Policy
Share:
Our Impact
What's the World Economic Forum doing to accelerate action on Jobs and the Future of Work?
The Big Picture
Explore and monitor how Innovation is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Innovation

Tech entrepreneurs get all the love these days, but the scarcest and most important type of entrepreneur is the one innovating tirelessly to change the organization in which they work. In many ways we are living in a time of innovation scarcity: despite a relentless stream of headline and attention-grabbing advancements in technology, in broader terms the supply of innovation simply isn’t keeping up with increasing demand for new and better ways of doing things.

Just as the world seems be slowing down in producing innovative ideas – the growth rates of scientific publications and patent registrations fell to the lowest level since the end of the global financial crisis (according to the Thomson Reuters State of Innovation Report) – we are all facing new and ever-trickier challenges in terms of ensuring the safety, stability and prosperity of communities and countries worldwide.

To really meet these challenges, we need to encourage “undercover entrepreneurs” to drive change within established organizations across all sectors – business, government and civil society. Yet, according to the 2014 Global Entrepreneurship Monitor, in every region around the world employees who are entrepreneurial are few and far between; they represent a much lower percentage of the adult population than regular entrepreneurs. The highest level is in the US at 6% of the population, where more than twice as many people identify as entrepreneurs.

Innovation driven by entrepreneurial individuals is the only hope for sustainable economic and social prosperity. Watch the TEDxOxbridge video in this article to see how you can become an “undercover entrepreneur” and help solve some of the world’s biggest challenges.

Have you read?
10 lessons from a start-up entrepreneur
Mistakes every entrepreneur should stop making
Should you become an entrepreneur?

Author: Nicholas Davis, Head of Society and Innovation, World Economic Forum

Image: A businessman walks in Tokyo’s business district April 18, 2014. REUTERS/Toru Hanai 

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Jobs and the Future of WorkFourth Industrial RevolutionBusiness
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How the ‘NO, NO’ Matrix can help professionals plan for success

Eli Joseph

April 19, 2024

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2024 World Economic Forum