Global Agenda Council on Fostering Entrepreneurship 2012-2014

Jun 1, 2010 Global Agenda Council on Fostering Entrepreneurship 2012-2014
undefined

Entrepreneurship is being nurtured worldwide. The roles of the public and private sectors, and the effectiveness and timeframes of different schemes are still being debated, but there is broad agreement that entrepreneurship is a good way to grow economies, spur innovation and create jobs. Some large corporations have begun to acknowledge that, like governments, their internal cultures are not promoting innovation, so they are supporting or acquiring start-ups. Consistent, sustainable entrepreneurship faces hurdles, including a lack of alignment between stakeholders on the ways to foster entrepreneurship, inconsistent or stifling regulations, scarce investment, piecemeal quick fixes with unrealistic expectations, a focus on investment rather than impact, and corporate reluctance to engage with start-ups.

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.