Entrepreneurship and Social Progress, by Llewellyn H. Rockwell, Jr., Mises.org Daily Article, 20 Dec 2006
Related Topic: Politicians
"Philanthropy and entrepreneurship, then, do not stem from opposite impulses, as is commonly thought. They originate from the same source: the intellectual and even spiritual commitment to serve others and make a difference in the world for the good. They are different means of doing the same thing, distinguished from each other only in the method we use to account for them."
Articles
Pleasing Consumers Isn't Easy, by Sheldon Richman, 12 Jan 2007
"For an entrepreneur, it's a little like stumbling around in the dark. Particularly with cutting-edge hi-tech products, entrepreneurs can't always see the obstacles to success. ... That's where entrepreneurial risk comes in. The daring business people won't know what we consumers want until we are given the choice. Meanwhile, big bucks ride on our decisions."
"For an entrepreneur, it's a little like stumbling around in the dark. Particularly with cutting-edge hi-tech products, entrepreneurs can't always see the obstacles to success. ... That's where entrepreneurial risk comes in. The daring business people won't know what we consumers want until we are given the choice. Meanwhile, big bucks ride on our decisions."
The Economics of Errant Entrepreneurs, by Israel M. Kirzner, The Freeman: Ideas on Liberty, Aug 1987
"The great economic virtue of capitalism lies in its ability to stimulate vigorous and imaginative entrepreneurs who create profitable enterprises ... not on any supposed altruism evinced by entrepreneurs who lose money while catering to the tastes of a too-narrow group of consumers ..."
"The great economic virtue of capitalism lies in its ability to stimulate vigorous and imaginative entrepreneurs who create profitable enterprises ... not on any supposed altruism evinced by entrepreneurs who lose money while catering to the tastes of a too-narrow group of consumers ..."
The Role of Venture Capital: Turning Science into Money [PDF], by William A. Frezza, MRS Bulletin, Aug 2002
"In general, venture capitalists look at hundreds of business plans for every one that they finance, so getting their attention is an exercise in itself. ... Start early and be prepared to be turned down many times before you get a nibble. Do your homework and understand the strategy and prior investments of a target venture capitalist before you make your approach."
"In general, venture capitalists look at hundreds of business plans for every one that they finance, so getting their attention is an exercise in itself. ... Start early and be prepared to be turned down many times before you get a nibble. Do your homework and understand the strategy and prior investments of a target venture capitalist before you make your approach."
The Yin Yang of Value Creation and Value Capture, by William A. Frezza, 18 May 2009
Related Topic: Taxation
Contrasts collectivist vs. laissez-faire ideologues and their views on the relationship between value creation and capture
"A scientist can create enormous value by publishing a breakthrough paper even if he never captures a penny of it. ... A risk-taking entrepreneur can both create and capture value by bringing a new product or service to market, charging willing customers top dollar. Take away a shot at riches and the entrepreneur decamps to another clime."
Related Topic: Taxation
Contrasts collectivist vs. laissez-faire ideologues and their views on the relationship between value creation and capture
"A scientist can create enormous value by publishing a breakthrough paper even if he never captures a penny of it. ... A risk-taking entrepreneur can both create and capture value by bringing a new product or service to market, charging willing customers top dollar. Take away a shot at riches and the entrepreneur decamps to another clime."
What Makes Entrepreneurs Tick?, by Gary Williams, The Freeman: Ideas on Liberty, Oct 1994
How Much Do You Know About Liberty? (a quiz), The Freeman: Ideas on Liberty, Jun 1996
Related Topics: Liberty, Bill of Rights, John Hancock, Abraham Lincoln, Right to Trial by Jury, War
"What do these cherished pleasures of American life have in common: cowboys, hamburgers, movies, oranges, bowling, frankfurters, tomatoes, swimming, pizza, libraries, peas, onions, railroads, potatoes, salsa, picnics, symphony orchestras, and Christmas trees? ... All these ... originated elsewhere or owe much to the enterprise of foreign-born people."
Related Topics: Liberty, Bill of Rights, John Hancock, Abraham Lincoln, Right to Trial by Jury, War
"What do these cherished pleasures of American life have in common: cowboys, hamburgers, movies, oranges, bowling, frankfurters, tomatoes, swimming, pizza, libraries, peas, onions, railroads, potatoes, salsa, picnics, symphony orchestras, and Christmas trees? ... All these ... originated elsewhere or owe much to the enterprise of foreign-born people."
Jean-Baptiste Say (1767 - 1832), Religion and Liberty, Jun 2002
Related Topics: Jean-Baptiste Say, France
"... only the entrepreneur—or the 'master-agent,' as Say sometimes described him—can combine these factors to bring to market products that meet human needs and wants. ... He must be a forecaster, project appraiser, and risk-taker. ... the entrepreneur is the rare yet indispensable individual who actually makes the economy work."
Related Topics: Jean-Baptiste Say, France
"... only the entrepreneur—or the 'master-agent,' as Say sometimes described him—can combine these factors to bring to market products that meet human needs and wants. ... He must be a forecaster, project appraiser, and risk-taker. ... the entrepreneur is the rare yet indispensable individual who actually makes the economy work."
On Equality and Inequality, by Ludwig von Mises, Modern Age, 1961
Related Topics: Rights, Capitalism, Compulsory Education, Government, Labor, Socialism
"It is hardly possible to misconstrue more thoroughly the state of affairs prevailing in capitalistic society than by calling the capitalists and entrepreneurs a 'ruling' class intent upon 'exploiting' the masses of decent men. ... Under capitalism they are vying with one another in serving the masses of less gifted men."
Related Topics: Rights, Capitalism, Compulsory Education, Government, Labor, Socialism
"It is hardly possible to misconstrue more thoroughly the state of affairs prevailing in capitalistic society than by calling the capitalists and entrepreneurs a 'ruling' class intent upon 'exploiting' the masses of decent men. ... Under capitalism they are vying with one another in serving the masses of less gifted men."
Books
Competition and Entrepreneurship
by Israel M. Kirzner, 1978
by Israel M. Kirzner, 1978
- ISBN 0226437760: Paperback, University Of Chicago Press, 1978
Videos
Let's raise kids to be entrepreneurs, by Cameron Herold, TEDTalks, Mar 2010
Related Topic: Children
Cameron recounts his own childhood entrepreneurial stories and encourages others to nurture the same spirit in children