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Entrepreneurship

Entrepreneurship. Mr. Bernstein What Entrepreneurs Contribute, pp 14-16 February 20 , 2014. Entrepreneurship Mr. Bernstein. Review: Economic Indicators and the Business Cycle GDP – measurement of total productivity Underground economy Business Cycle and psychology

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Entrepreneurship

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  1. Entrepreneurship Mr. Bernstein What Entrepreneurs Contribute, pp 14-16 February 20, 2014

  2. EntrepreneurshipMr. 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

  3. EntrepreneurshipMr. Bernstein What Entrepreneurs Contribute • Mechanism by which the economy turns Demand into Supply • Principal source of Venture Capital • Create Jobs • Potentially change society by introducing new products

  4. EntrepreneurshipMr. Bernstein Small Businesses vs. Entrepreneurial Ventures • Not all entrepreneurial ventures remain small • Growth may be their goal • Harvest value after a period of growth

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