The Problems for the Entrepreneur in a Digital Market Place.

Let us not develop into higher forms of servitude; “we shall never never be slaves” so the song goes. The problem is one of creating employment amongst ourselves. We have to use every type of information retrieval and dissemination. We have to use electronic information effectively. Not just the oral tradition by songs and verbal story telling but also the use of digital information.

Where Entrepreneurship is a hot topic, yet there is no agreed definition of entrepreneurship. There is even a debate about whether entrepreneurship can be taught! To be an entrepreneur now is not what it was like 10 years ago; it is far advanced now and has a Considerable way to go.

At the Imperial College London business school they give us an idea of the type of “E” or electronic areas by the Innovation and entrepreneurship  group.

Global development is monitored in the “Global Entrepreneurship and Development Index 2013 byErkko Autio et al” This text and case study collection is designed to stimulate critical thinking and reflective learning relating to entrepreneurship. The Global Entrepreneurship and Development Index both capture the context features of entrepreneurship and fills a gap in the measurement of development. Building on recent advances in entrepreneurship and economic development, the authors have created an index that offers a measure of the quality of the business formation process in 118 of the most important countries in the world. The authors expertly capture the contextual feature of entrepreneurship by focusing on entrepreneurial attitudes, entrepreneurial actions and entrepreneurial aspirations.

Another study shows us that instead of spending to create knowledge, knowledge has to create wealth. Creating Wealth from Knowledge edited by John Bessant and Tim Venables. This book illustrates that, although innovation has always mattered in economic development, simply increasing expenditure in creating knowledge may not be the answer: we need to look at the whole system through which such knowledge translates to value creation.

The contributors explore the implications of the changing twenty-first century context of networked, global and increasingly open innovation - a world in which knowledge flows become as important as knowledge creation. In so doing, they address four key questions: what is the context within which innovation occurs in the UK? How do new firms form on the basis of knowledge and its deployment? How do established firms access and use knowledge to improve their current activities and generate new directions? What technical and organizational infrastructures enable these activities?

To get down to the root problems and to realise these answers is a worthy pursuit.