An area which a number of countries have been focusing on recently in order to improve their productivity levels is that of entrepreneurship and innovation.
Let us examine entrepreneurship and innovation.
Entrepreneurs make things happen. They are individuals who take a concept and convert it into a reality, a product, policy, or an institution. They become the champions of a new process and are engines of change. Openness to new ideas, freedom from investigation of operation, promotion, and pay based on merit encourage entrepreneurship. On the other hand, excessive regulation, a rigid hierarchy, a lack of freedom, and excessive control discourage entrepreneurship.
To read the full, original article click on this link: Jamaica Gleaner News - Entrepreneurship and innovation - News - Sunday | September 19, 2010
Author: Paulette Dunn-Smith
