How Can an Entrepreneurial Mindset be Developed to Encourage Poverty Reduction?.

Format:

Video

Series:

Academic Video Online

Language:

English

Subjects (All):

Entrepreneurship.

Economic development.

Physical Description:

1 online resource (12 minutes)

Place of Publication:

[Place of publication not identified] : Latest Thinking, [date of publication not identified]

System Details:

video file

Summary:

Good entrepreneurs play a key role in helping poor countries to prosper. In this video, MICHAEL FRESE asks us to consider the fundamental importance of psychological mindset in the development of successful entrepreneurs. Over a two year period, Frese analyzed outcomes achieved by groups of entrepreneurs that had received different forms of training and found that individuals who had been trained to develop an entrepreneurial mindset had been (on average) 30% more profitable. With important implications for poverty reduction in the developing world, backed by the World Bank, Frese is looking at extending his study to countries including Jamaica, Ethiopia, and Mozambique.

Notes:

Title from resource description page (viewed August 24, 2020).

Part of the metadata in this record was created by AI.