In this chapter, the general understanding of entrepreneurship, small-businesses, global impacts, and how they all relate to the learning organization was discussed.
A review of this chapter’s major conclusions, include:
- Entrepreneurship is the drive, vision, and creative aspects to start a business for profit. Three types of entrepreneurs are classic, multipreneurs, and intrapreneurs.
- The main concept is that the risks lead to the rewards within entrepreneurial ventures. Keeping an entrepreneurial culture helps with the overall rewards of a venture.
- Small business have many characteristics economically, physically and socially. In addition they create an effective impact on a country’s marketplace.
- Entrepreneurs create and drive; small-business owners inherit and maintain.
- Understanding the entrepreneurial spirit in a social marketplace develops a leader in a learning organization to create innovative ways of teaching within a strong ethical framework.
The next chapter will continue with this theme of ethics and morality and to discuss the effects of ethics within a learning organization, especially in the form of Corporate Social Responsibility (CSR).