We need to accept that we do not know and cannot know what is going to happen, and make plans accordingly; to practice resilience and acquire and retain as many options as possible.
Knight's insight—that it is radical uncertainty which gives opportunity for entrepreneurship—is fundamental to an understanding of social, technological and economic progress. Through evolutionary processes—biological, institutional, political, market-driven—entrepreneurship drives us forward. Not just in business but in scholarship, practical knowledge, the arts, and many other areas of life.
Posts
No comments:
Post a Comment