Home \ Keywords \ macroeconomic policy

You are here

macroeconomic policy

The Government and the Entrepreneurs

"Entrepreneurship seems like the quintessential private sector activity.  An individual or a small group of colleagues decide to set up a business and raise some capital.  If things go well, sales grow and they can hire more people.  The business grows based on retained profits – or they may be able to attract funding from venture capital or some other risk-taking investors.  Success brings legitimate big rewards to the people who are willing to risk an equity investment, which could rise in value or become worthless, and to those who work hard to make the business growth