Can successful entrepreneurship be learned? Dr. Markus Perkmann
is a Senior Research Fellow at Imperial College Business School,
where he researches innovation management, technology
development and organisation theory. We recently sat down to
talk to him about his views on how entrepreneurship is
developed. How would you define entrepreneurship?
Entrepreneurship involves some kind of high impact activity that
does something new – not just a sole trader. It often is
unsuccessful, but has the potential to lead to success and
strong growth. That’s what makes entrepreneurship really
valuable: doing something new and taking a risk. The risk is an
interesting thing – it’s about who takes the risk. The question
is really what kind of risks entrepreneurs are taking. Good
entrepreneurs are good at taking risks with other people’s money
because that allows them to scale others’ resources. The other
people trust them with their money because they think they’re
more likely to be successful than the average person. There