Atanu Dey explains entrepreneurship as only he can. Great stuff!
Moving from that big picture to the much more accessible small picture of our present rapidly changing and complex economy, the entrepreneur is generally seen as an agent who identifies change, and appropriately responds to it by exploiting change. That is my understanding of what the textbooks say about entrepreneurs. I see it as a human response to the exogenous change imposed by the fundamental nature of our world, a world where change is rapid in the direction of increasing complexity. Entrepreneurs, one can say, are organisms which are successful in adapting to change. And I believe that the mechanism for this adaptation is “innovation.�
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