The United States has lost its entrepreneurship monopoly. The sudden successes of global competitors from emerging economies, as well as my case studies of entrepreneurs from Lebanon to Brazil to China, are exploding the myths of entrepreneurial success and exposing the realities. Here are a few of the lessons I've learned from my study of international entrepreneurship:
1. Entrepreneurship is not about innovation. In reality,
successful entrepreneurs tend to make minor adjustments to existing
products, services and business models, and then learn by executing in
short-cycle iterations. This is a process I call "minnovation."
To read the full, original article click on this link: Surprising Entrepreneurship Lessons From Around The World - Forbes.com
Author: Daniel Isenberg