Wednesday, December 2, 2009

BROADENING ATTENTION TO THE FIELD OF ENTREPRENURSHIP

By Kneeyee Alex

Government all over the world don't build nations.
it is the people that build nation.

Henry Ford built Ford Cars,
Bill Gates built Microsoft,
Andrew Carnegie built United State Steel,
Thomas Edison invent electricity and light the whole world.
Even the American government didn't build the rail road, individual did.

In 40 years our government was able to provide us with 450 thousand analogue telephone lines, But today less than ten companies is giving us 75 million GSM and Land line.
This shows the great extent to which entrepreneurship, if given the right condition, can help promote innovation and development in a country.

Time and again, entrepreneurs have moved seemingly radical ideas into the marketplace. Disruptive ideas are often the most valuable. They have the greatest potential to become high-growth, breakthrough companies that generate wealth and improve lives. All across the globe, countries that embrace entrepreneurship are making vast improvements in health, education, and the overall quality of life -– even in places where it didn’t seem possible

National governments have altered their economic policies and changed tax structures, all with the goal of increasing entrepreneurship.

From Ireland to Israel to India this is working. There are countless of evidence to prove that policies designed to encourage entrepreneurial activity can be central to returning to the higher path of economic growth

It is a simple equation: Make it easy for entrepreneurs to start new ventures, and you make it easy to create wealth.

Look at Australia: The World Bank ranks Australia first among 178 nations for being an easy place to start a new business. In 2007, Australia reported a per capita GDP of just over $37,000. On the other end of the scale, Bangladesh ranked 92nd and reported a per capita GDP of $1,400.

National economies have a lot to gain by supporting entrepreneurs with an essential infrastructure that ensures access to knowledge, capital, talent, and information. For all those reasons -– and more –- "Build A Stronger Nigeria", the Entrepreneur Movement will step up its efforts to shed light on ways to create an environment conducive to entrepreneurial growth and to highlight those who are making it happen.

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