Key Issues in Entrepreneurship

The Small Business Forum

Some issues attract debate in entrepreneurship. Among these are:
- – Can entrepreneurship be learned…. YES
- – Can everybody be an entrepreneur …NO
- – Entrepreneurship and the informal sector.
Based on the view that entrepreneurship is due to personality traits, it cannot be learned. One has to be born an entrepreneur. Research and observation however suggest that while children may be born with certain temperaments — curiosity, confidence, or boldness — entrepreneurial traits are largely developed through nurturing. A child becomes innovative, creative, and willing to take risks when the environment supports exploration, and entrepreneurship can be learned. On the view that it is due to demographic and background factors, it includes characteristics that can be learned and some that cannot be. From the view that it is linked to attitude, it is possible to mould attitude, and entrepreneurship can be learned.
The predominant view is that entrepreneurship can be learned. The learning can take place through training, mentorship and interacting with successful entrepreneurs. While whether everybody can be an entrepreneur could be of interest, the more useful perspective is that a larger number could be helped to become entrepreneurs than presently realised.

Comments, Questions and Suggestions welcome.

drkibuka@thesmallbusinessforum.co.ke

+254-729524219

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