Goal of my blog
is to spread and share the knowledge in the area of new business creations, to
encourage entrepreneurs to take an active role in the economic development. As
every one of us knows that how important are entrepreneurs and small business development towards the sustainable economy? Does promoting entrepreneurship
and small businesses make sense as an economic development strategy? The answer
is yes, but with some qualification, tools, and business creation strategies.
As the research shows that large businesses have more potential and better jobs
placement than small businesses in terms of stability and compensation.
Further, there is a little convincing evidence to suggest that small businesses
have an edge over larger businesses in innovation.
Sources:
Blue Ocean Strategy-W.Chan
Kim. Renee Mauborgne-Harvard Business Review Press
