Entrepreneurial Society

Toward an Entrepreneurial Society: Why Measurement Matters. Carl J. Schramm.

Innovations, Winter 2008, Vol. 3, No. 1, Pages 3-10
Posted Online June 19, 2008.
(doi:10.1162/itgg.2008.3.1.3)

Entrepreneurship and innovation are everywhere. Even in the world’s most remote
and impoverished places, the fabric of daily life is today continually being rewoven
by gradual improvements in existing goods and services and by radically new
inventions, unimaginable but a few years or even months before their sudden
appearance. From “Moore’s Law” to gene therapies, technological advance combined
with entrepreneurial initiative continues to deliver on the promise of “better,
faster, cheaper.” Such changes enhance the human experience directly, and also
drive sustained economic growth that improves lives further.
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