Why Entrepreneurship Thrives During a Recession
Tuesday, July 7th, 2009
Can’t see the above video? Click this link to watch or you can read the transcript.
In this video interview, Larry Cox, PhD, Associate Professor of Entrepreneurship and director of the new entrepreneurship program at the Graziadio School of Business and Management, discusses how smart entrepreneurs take advantage of low opportunity and material costs during a recession and why creativity and idea generation are the most important factors to entrepreneurial success.
Questions for Dr. Cox
- What should entrepreneurs be doing differently during a recession?
- Why is creativity so important to entrepreneurship?
- Any tips on how to generate new business ideas?
- What other factors are important to entrepreneurship?
- What is the optimal balance between creative, out-of-the box thinking and solid research and financials?
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Topic: America's Financial Crisis, Entrepreneurship, Innovation, Interviews, Public Policy, Videos
Tags: creativity, Entrepreneurship, idea generation, Innovation, recession
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Comments
Funds
August 23, 2009 at 3:03 PM
This is interesting. As it is true that evolution happens only during hardships. I guess same is true for Entrepreneurship
Ash
June 29, 2010 at 11:16 AM
Recession is the ripe time for innovation. I built my venture C247.Ca during this time. A recession is an excellent time for entrepreneurs to build loyal followers. All you need to be is creative, flexible and exercise personal discipline to come out on the other side in sound financial shape. The excellent and much acclaimed Information Age is over. We are now moving into concept age.
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