The National Dialogue on Entrepreneurship reports on the United Nations’ growing interest in entrepreneurship:
“In 2000, UN Secretary-General Kofi Annan chartered a whole host of initiatives tied to the UN’s Millennium Development Goals, a package of plans to reduce poverty and promote new development by 2015. As part of this effort, a UN Task Force on Science, Technology and Innovation was set up; this group has just released a new report entitled Innovation: Applying Knowledge in Development. The report examines the role of science, technology, and innovation in meeting the Millennium Development Goals. The Task Force sees a big role for entrepreneurship, and it encourages UN members to do more to support the development and small and medium-sized enterprises. They also suggest that universities take a more proactive role in supporting development, via support for regional development projects, local support for business creation, and other community development activities.”
Let’s hope that these countries don’t decide to take too big a role in entrepreneurial development. The best they can is to work toward deregulating the entrepreneurial process in their countries. In many parts of the world, including many already developed economies, the hurdles and costs of entrepreneurship make business start-up too complex and too expensive to realistically expect entrepreneurship to spur any significant economic growth.
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