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find related articles. powered by google. The New York Times Entrepreneurship Is Fun. Then There's the Day Job.
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"A growing number of people are poised to take that chance. Last year, roughly 8 percent of working-age Americans, or 13.5 million people, started businesses, according to the Global Entrepreneurship Monitor, an index of entrepreneurial activity in 40 countries that is compiled by Babson College in Wellesley, Mass., and the London School of Business. In 1993, about 4.5 percent of working-age Americans started businesses, according to Paul D. Reynolds, a professor of entrepreneurship at the two institutions and coordinator of the project, which last year surveyed 3,000 Americans ages 20 to 64.

During the start-up stage, about 65 percent of entrepreneurs have full- or part-time jobs, Mr. Reynolds said."

find related articles. powered by google. Seattle PI A prof delves into the mind of the entrepreneur

""It was very clear in my mind that entrepreneurs think differently," said Sarasvathy. "Anybody who has worked with entrepreneurs to any extent knows that there is something different or funny about them. So I started with that premise.""

"After analysis of transcripts from each individual, a common theme appeared. Entrepreneurs were not goal-oriented, rather they used the materials at hand to create opportunities. Sarasvathy compares this to a chef, who instead of working from a set recipe, combs the cupboards looking for ingredients in hopes that something tasty can be created."

find related articles. powered by google. Saras D. Sarasvathy What makes entrepreneurs entrepreneurial?

"Entrepreneurs are entrepreneurial, as differentiated from managerial or strategic, because they think effectually; they believe in a yet-to-be-made future that can substantially be shaped by human action; and they realize that to the extent that this human action can control the future, they need not expend energies trying to predict it.".

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