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KIMEP Entrepreneurship Forum - Nurturing Entrepreneurship in Kazakhstan
- 1. KIMEP (Kazakhstan Instıtute Management and Economic Research) June 10, 2011 Almaty, Kazakhtstan Entrepreneurship in a Free Society Moderator : Bahattin Karademir
- 6. D r. Khanna ‘s current research focuses on understanding the drivers of entrepreneurship worldwide. As part of the Emerging Giants project, he seeks to understand how to build world-class companies from emerging markets worldwide. In 2008 he published a book on entrepreneurship , “ Billions of Entrepreneurs: How China and India are Reshaping their Futures and Yours ”, in which he compares entrepreneurship in China and India (see, http:// hbswk . hbs .edu/ item /5766.html ) Prof. Tarun Khanna Harvard Business School What makes him so hopeful about the future of India?
- 13. 1913 – Mother of Karl Albrecht & Theo Albrecht brothers opened a small store 1946 – Brothers took over their mother’s shop and opened one another soon after 1960 - Brothers split the business when they had 300 stores 1970s - Initial internationalization 1993 – Brothers retired 2010 – 8210 stores in 19 countries Karl & Theo Albrecht
- 18. The Small Business Not Dominant In Its Field Fewer Than 50 Employees Independently Owned and Operated Relatively Small Annual Sales
- 19. Ad Van Vugt
- 20. The Story of an Entrepreneur
- 21. A Vase of Marbles
- 24. Economic Roles of Small Businesses Share in Total Output Bovee, C., Thill, J., Mescon, M. (2005), Excellence in Business, 5th edition, pg: 116, Pearson Prentice Hall, United States.
- 25. Economic Roles of Small Businesses They Provide New Jobs Bovee, C., Thill, J., Mescon, M. (2005), Excellence in Business, 5th edition, pg: 116, Pearson Prentice Hall, United States.
- 26. Economic Roles of Small Businesses Share in Non Farm Employment Bovee, C., Thill, J., Mescon, M. (2005), Excellence in Business, 5th edition, pg: 116, Pearson Prentice Hall, United States.
- 27. Economic Roles of Small Businesses They Introduce New Products Bovee, C., Thill, J., Mescon, M. (2005), Excellence in Business, 5th edition, pg: 116, Pearson Prentice Hall, United States.
- 28. Economic Roles of Small Businesses Annual Spending Bovee, C., Thill, J., Mescon, M. (2005), Excellence in Business, 5th edition, pg: 116, Pearson Prentice Hall, United States. Small Businesses Big Businesses
- 32. Core Capabilities for Business Growth Which is more important in a free society?
- 34. How to Nurture Entrepreneurship? What are the appropriate strategies? Economic Freedoms Political Freedoms Cultural & Social Freedoms
Editor's Notes
- Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
- Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
- Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
- Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
- They stay abreast of market changes. They are willing to exploit new opportunities. They seldom follow trends (rather, they spot and interpret trends). They are driven by ambition. They think positively. They prefer the excitement and potential rewards of risk taking over security.
- One reliable source of information for small businesses is the Small Business Administration (SBA). This government agency serves as a resource and advocate for small firms, providing them with financial assistance, training, and a variety of helpful programs that are discussed later in this chapter. The SBA defines a small business as a firm that is (a) independently owned and operated, (b) is not dominant in its field, (c) relatively small in terms of annual sales, and (d) has fewer than 500 employees. The SBA reports that 80 percent of all U.S. companies have annual sales of less than $1 million and that about 60 percent of the nation’s employers have fewer than five workers .
- Most new businesses fail for a number of reasons : Management incompetence. Lack of industry experience. Inadequate financing. Poor business planning. Unclear or unrealistic goals. Failure to attract and keep target customers. Uncontrolled growth. Inappropriate location. Poor inventory and financial controls. Inability to make the entrepreneurial transition.
- They stay abreast of market changes. They are willing to exploit new opportunities. They seldom follow trends (rather, they spot and interpret trends). They are driven by ambition. They think positively. They prefer the excitement and potential rewards of risk taking over security.
- Besides the ability to see things differently, commonly know as vision, entrepreneurs tend to have these qualities in common: They are highly disciplined. They like to control their destiny. They listen to their intuitive sense. They relate well to others. They are eager to learn whatever skills are necessary to reach their goal. They learn from their mistakes.
- They stay abreast of market changes. They are willing to exploit new opportunities. They seldom follow trends (rather, they spot and interpret trends). They are driven by ambition. They think positively. They prefer the excitement and potential rewards of risk taking over security.