The Conditions for Entrepreneurship
Scott Stern, MIT Sloan School of Management
15-Mar-17 18:00
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There’s no doubt that we’re in an era of the cult of the entrepreneur. But what often gets lost in these entrepreneurship conversations is that the most common shared trait among entrepreneurs is access to financial capital - family money, an inheritance, or a pedigree and connections that allow for access to financial stability. While it seems that entrepreneurs tend to have an admirable penchant for risk, it’s usually that access to money which allows them to take risks.
Umapagan Ampikaipakan speaks to Scott Stern - the David Sarnoff Professor of Management at MIT's Sloan School of Management - to find out if this is true.
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Tags: Evening Edition, In Focus, Conditions for Entrepreneurship, Scott Stern, MIT Sloan School of Management, Entrepreneurship, Business