Global Entrepreneurship: Born Out of Necessity?

What really drives economic growth?  Many think its entrepreneurship and that entrepreneurship the world over is oftentimes driven by necessity.

But according to the Global Entrepreneurship Monitor:

... economic growth is not driven by these “necessity” entrepreneurs, who decrease in number as the economy develops. The key to fostering growth is to support “opportunity” entrepreneurs, who choose to start new enterprises in response to market needs.

Read this intriguing article, "Does Entrepreneurship Drive Economic Growth? - Megacities - Opportunities at Urban Edges" published by Forbes.

Related piece:  "Do Entrepreneurs in the Developing World Fuel Economic Growth?"

How to Inject Fresh Energy Into the Royal Family: Practice Entrepreneurship

Enlightening commentary by John Berlau for The Wall Street Journal titled, "The Entrepreneurs' Princess."  The reason I find it enlightening is that speaks about how Kate Middleton's family embody a noble tradition of their own:

... a tradition of bettering oneself and one's family while improving the lot of society.

In other words, entrepreneurship.

Learn more about the story of the Middletons rise to wealth and its implications for British culture, public policy and the world at large.  It's a wonderful read.

And while you are at it, visit Carole Middleton's family business:  PartyPieces.co.uk
 

Meet Zaha Hadid Architects

Built globally and built to work.  From the UK to Austria to Japan -- these folks get around and produce magnificent structures the world over.

Zaha Hadid Architects

Photography credit (Japan):  Paul Warchol

Global Presence: 2013 Chevrolet Malibu Launch from South Korea

Designed with global sales in mind, the 2013 Chevrolet Malibu will make South Korea one of it's assembly homes and distribution points, further increasing the brand's global presence.

What do Fairfax, Kansas and Hamtramck, Michigan, and Jingjao, China have in common with Bupyeong, South Korea? All four sites will be responsible for building the 2013 Chevrolet Malibu, although the Korean facility will be the first to assemble the all-new sedan.

Read all about it here.

Photo credit here.

Note:  Bupyeong-gu is one of the ten administrative divisions (eight wards and two counties) that comprise Incheon, South Korea.  Bupyeong-gu comprises an area of 12.35 square miles (31.98 square km), and has a population of 553,961

Women's Hands Perform 66% of the World's Work

Canadian SMEs Say: "Do Away With Trade Barriers to Ensure Global Competitiveness"

Looks like we have our work cut out for us here.  Based on a survey by Angus Reid for UPS Canada:

While the quarterly survey, conducted by Angus Reid for UPS Canada, shows "high level of optimism" about Canada's international competitiveness, 27 per cent of respondents have never considered exporting, believing that there's no market outside the country for their products, while 20 per cent don't believe they can compete with countries such as China, India and Brazil.

Learn more here.  Press release here.

The New Economic Era: China's Entrepreneurs

Find out how the Chinese are making entrepreneurship a way of life.

According to China Macro Finance, a research firm in New York, the number of registered private businesses grew by more than 30% a year between 2000 and 2009 (see chart above). The gross figure (ie, before netting off firms that closed) was at least seven percentage points higher, estimates Ronald Schramm, China Macro Finance’s managing director.

 Read the entire article here.

Chart credit here.