tag:blogger.com,1999:blog-789572373785716419.post5878903406235007574..comments2023-09-10T02:50:59.555-07:00Comments on Technology Strategy: Towards a theory of economic growthAvronohttp://www.blogger.com/profile/13737834104833447894noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-789572373785716419.post-47461502991653660232011-10-27T22:48:16.554-07:002011-10-27T22:48:16.554-07:00I wonder if bureaucracy stifles entrepreneurship, ...I wonder if bureaucracy stifles entrepreneurship, or whether it’s other factors. If so, South Africa should be very un-entrepreneurial. Interesting example: a friend of mine had to set up a company in South Africa for a Singaporean crowd. He said it currently takes about 3-4 months for all the papers to come through. He did some research and found that it takes about 48 hours for the same thing to happen in Singapore. But I'm not sure that Singaporeans are entrepreneurial, although I think South Africans are.<br /><br />Will true entrepreneurs push through the bureaucracy, perhaps ignore the laws and go-ahead anyway? Is a can-do attitude a characteristic of an entrepreneur? I would definitely add ‘making-it-happen’ as a characteristic of an entrepreneur. I think all of us have some good ideas that have the potential to be commercially successful. But few of us have the self-confidence, willpower, willingness to sacrifice, know-how and persistence (and numerous other character traits) to try to commercialise our opportunities.Saul Margolisnoreply@blogger.com