Mr. Bernstein What Entrepreneurs Contribute, pp 14-16 September 2017 Entrepreneurship Mr. Bernstein What Entrepreneurs Contribute, pp 14-16 September 2017
Entrepreneurship Mr. Bernstein Review: Economic Indicators and the Business Cycle GDP – measurement of total productivity Underground economy Business Cycle and psychology Government effect – Monetary and Fiscal policies
Entrepreneurship Mr. Bernstein What Entrepreneurs Contribute Mechanism by which the economy matches Demand with Supply Principal source of Venture Capital Create Jobs Potentially change society by introducing new products
Entrepreneurship Mr. Bernstein Small Businesses vs. Entrepreneurial Ventures Not all entrepreneurial ventures remain small Growth may be their goal Harvest value after a period of growth