The trouble with trying to spot a winner

14 June 2010

One of the great defects of modern economics is the failure to take proper account of the impact of entrepreneurs. These figures are the prime movers in any new enterprise, but they are a badly understood breed. If academics, investors, civil servants and politicians were more familiar with the tribe of entrepreneurs, returns on capital would improve and industrial policy would be more effective.

Yet, after many years of partnering with a variety of business founders, I have some sympathy with the researchers: entrepreneurs are by nature individualistic and hard to analyse. Literature on the subject is neither extensive nor profound; given the importance of entrepreneurs to job and wealth creation, it is a costly omission.

Continue reading here

Posted in Business and Technology, SELECT | Leave a Comment »

Leave a Reply Cancel reply

Enter your comment here...

Fill in your details below or click an icon to log in:

Email (required) (Not published)

Name (required)

Website

You are commenting using your Twitter account. ( Log Out / Change )

You are commenting using your Facebook account. ( Log Out / Change )

Cancel

Connecting to %s

The Water Rat

Description and Character Traits
Chinese Symbols	Animal Symbol	Ancient Symbol	Element Symbol

	The Rat	The Child	Water
Brief Description	The Rat is highly imaginative, charming and very generous. They can sometimes be quick tempered and overly critical.
Positive Traits	charming, protective, compassionate, communicative, dynamic, familial, thrifty, skilful, sober upright, attractive, idealistic, prosperous, experimental, calm, sensual, loving, talented, adaptable, open-minded and brilliant entrepreneurs
Negative Traits	possessive, picky, defensive, excessive, addictive, fickle, stingy, bumptious, bossy, exploitive, anxious, argumentative, opinionated, overbearing and self-obsessed
General Description of All Rats	Being born under this sign determines many talents, as well as other characteristics that may not be so commendable. Rats are very lively and need a lot of mental and physical stimulation. They can be calm and perceptive, but sometimes their brains can cause a mental restlessness, tempting them to take on too much, only to discover they are unable to meet their commitments. Rats are blessed with one of the best intellects going. Add to their intelligence a curiosity and a bright imagination, and they seem as sharp as a needle. The sign of the Rat is the first sign in the cycle giving Rat people exude great leadership qualities and are good at taking the lead. They don't mind a lot of responsibility and they demonstrate a strong presence that other people respect. For those with the Rat nature, status and monetary satisfaction are the greatest motivation.
Detailed Description of The Water Rat	Being guided by the Water element means these Rats have a knack for influencing people. With their strong intellectual powers and great insight, they are also great puzzle solvers. They are quick to understand others and are incredibly practical people. Rats apply their talents to their everyday lives, making them obliging, generous and compassionate to other people. Generally, they are liked and respected by everyone. Like all Rats, however, they can be determined to seek their own gain, and will not mind using these talents to achieve it - though generally without losing anyone's respect in doing so.

TheWaterRat