There are two theories about how entrepreneurs develop, often called the “supply” and “demand” theories. In the supply theory, entrepreneurs are born, not made — certain people have the personality traits that make a good entrepreneur. Several research studies have shown that entrepreneurs are convinced that they can command their own destinies, or in the jargon of behaviorial scientists, the “locus of control” of the entrepreneur lies within himself. It is this self-belief which stimulates the entrepreneur, according to supply-side theorists. John G. Burch, writing in the September-October 1986 edition of Business Horizons gave a list of in-born traits that make an Read more
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Tinkering with internet tools comes with the bonus of better understanding how existing laws apply to the third wave - that of technology, particularly the internet. This is also a great medium to disseminate and discuss ideas across borders, time, color or creed.