ERIC Number: ED436665
Record Type: RIE
Publication Date: 1999-Dec
Reference Count: N/A
The Entrepreneurial Spirit and the Evolving Workplace.
Workforce Economics, v5 issue 3 p1-8 Dec 1999
A growing percentage of the U.S. work force depends upon entrepreneurial skills and behaviors to succeed in the new opportunity economy. The explosion of technology, accelerating need for new and different products, globalization of business, and demand for speed in delivery have shifted the economic driving force toward companies that can meet these demands--and those are generally smaller companies. Small businesses are pacing the growth of the economy. They are the source of constant experimentation, exploration, and innovation. They foster cycles of renewal in the U.S. market economy; contribute dramatically to the U.S. economy's edge and competitiveness because they are, by nature, diverse and inclusive; and demand greater flexibility from their workers. Entrepreneurial success requires a core knowledge base, an understanding of the marketplace, and entrepreneurial skills. Foundation skills are the "new basics" for every work environment. Bridging skills include communication, resource allocation, management skills, and a level of technological proficiency that enables workers to use foundation skills effectively. Focus skills are those specifically required to engage in an agile business environment. A 1998 Gallup survey of business leaders, students, parents, and teachers reports all four groups rated the sets of skills extremely important. Most people believe schools are not preparing students for the entrepreneurial economy. (YLB)
Descriptors: Adult Education, Economic Opportunities, Economic Progress, Education Work Relationship, Entrepreneurship, Job Development, Job Skills, Labor Force Development, Self Employment, Small Businesses
National Alliance of Business, 1201 New York Ave., N.W., Suite 700, Washington, DC 20005. Tel: 800-787-2848.
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Authoring Institution: National Alliance of Business, Inc., Washington, DC.