Contrary to traditional belief, entrepreneurism is not just about making money, nor is it merely about starting up a venture or owning a small business — it is a way of life, applicable to all human economic activities. Living on a planet with finite resources, humanity is sustainable only if there is constant pursuit of innovation and creativity, not just for personal gain but also for the common good.
This book provides concise definitions of ‘entrepreneurism’, ‘entrepreneurship’, ‘entrepreneur’ and ‘entrepreneurial’ for education and application within the framework of the market economy; acts as a signpost pointing the way toward balancing the short-term need for survival with the long-term need for sustainable growth; and serves as a philosophical beacon that will guide individuals, particularly, business leaders, toward actions in the interest of humanity.
Sample Chapter(s)
Chapter 1: Introduction: How Have We Managed? (118 KB)
Chapter 2: From the Entrepreneur to Entrepreneurism: The Evolution of Entrepreneurial Thoughts (2,179 KB)
Chapter 6: Value, and Entrepreneurial Cultural Value (1,584 KB)
Chapter 9: The Creation of a New Venture (1,517 KB)
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Fundamentally, business is about the development of new creations and the transfer of ownership. It is about the flow of energy, just as there is a sense in which we humans are energy in a different form. The purpose of business is to ensure that business will continue, and the purpose for the living is to strive for the continuation of life. However, we must be clear in our mind that whether or not life continues depends on how we conduct our businesses. Conducting business can be a channelling of energy constructively, or it can destroy life if it is used carelessly or destructively. Like it or not, the mission of business as a whole, or in our fashionable modern day terms, the “market economy” is the continuation of life…
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“The authors brilliantly target the area of individual and collective wealth creation and present the results of decades of thinking. Few books can claim to exhibit such a level of realism and optimism, or offer such an inspiring way for individuals and societies to improve their condition.”
“The concept could become a watershed for the new world order, as well as a potential Nobel Prize contribution.”
“The authors put great emphasis on providing practical information specific to the genesis of entrepreneurism as well as how a successful, entrepreneurial management practice can be implemented in the modern market economy … A series of questions follow each chapter challenging readers to utilize the knowledge they have gained in the previous chapters by requiring concepts and principles of entrepreneurial management practice be applied to solve real world problems in a wide variety of situations.”
“It is evident that the authors were inspired, so the book should prove motivational for the reader too. In close, this book has much to offer the international business scholar, but the audience is wider still — this is a self-help book for the planet.”
Professor Raymond W Y Kao is currently serving as Adjunct Professor of Entrepreneurism, Michael G DeGroote School of Business, McMaster University, Canada, and Quality Assessor to the Postsecondary Education Quality Assessment Board, Ministry of Training, Colleges and Universities, Government of Ontario, Canada. He has also been conferred the titles of Professor Emeritus, Ryerson University, Canada and Honorary Professor, All China Women's College, Beijing. Professor Kao has also served as Shaw Foundation Professor, Nanyang School of Business, Technological University, Singapore; Professor of Entrepreneurship, University of Toronto; International Human Resources Development Expert, United Nations Industrial Development Organization; President of International Council for Small Business; and Member of Small Business Consultative Committee to the Minister of Small Business, Government of Canada. All his work and publications are dedicated to the philosophy of entrepreneurism, focusing not just on the matters of business interest and entrepreneurship development, but also on stewardship accountability, social and global responsibility.
Dr Kenneth R Kao is a Professor, Faculty of Medicine, Memorial University of Newfoundland, Canada. Prior to his tenured appointment, he was an Assistant Professor at the Terry Fox Research Laboratories, Memorial University of Newfoundland. Dr Kao was trained in Marine Biological Laboratory, Woods Hole, MA USA, and served as a Postdoctoral Fellow with the Department of Zoology, University of Cambridge UK, and Samuel Lunenfeld Research Institute, Mount Sinai Hospital, Toronto, Canada. He has published a wide range of papers in prestigious journals such as Nature, Journal of Biological Chemistry, Biology of the Cell, Development Biology and Mechanisms of Development.
Prof Rowland Kao presently holds the position of Wellcome Trust Senior Research Fellow and Professor of Mathematical Population Biology at the University of Glasgow in the UK. He has previously held positions in New Zealand's Agricultural Pastoral Research Institute, the Institute for Animal Health, and held a Wellcome fellowship at the University of Oxford. He is currently Director of the Boyd Orr Centre for Population and Ecosystem Health at the University of Glasgow, and a member of the scientific management board of the Scottish Centre of Expertise in Animal Disease Outbreaks. His current research interests lie in the use of integrated tools to understand and control infectious diseases, and he has recently developed an interest in the integration of epidemiology with Health Economics. He is married to Fiona and has two children, Ellen and Rosie.