Why Is An Entrepreneurial Culture Important?
A 2003 Kentucky Entrepreneurial Coaches Institute study assessed the state of entrepreneurship in Northeastern Kentucky. While it recognized the strength of support services for entrepreneurs, it found there was limited local support and recognition of the importance of entrepreneurs in the local economy. Think of your community as an entrepreneurial venture. Entrepreneurs are innovators who transform ideas into something that people value or need. Entrepreneurial-friendly communities appeal to creative individuals. They nurture creativity through the arts, honor diversity, promote a healthy civic life and celebrate their cultural uniqueness. A strong entrepreneurial culture provides a setting in which an entrepreneur is more likely to emerge and stay. Entrepreneurial friendly settings take a systems approach to entrepreneurship; they connect the dots. They link entrepreneurs with investors, technical assistance provides and others. They integrate entrepreneurship into youth education,
