fotolia 63434181
What do we really know about entrepreneurs and what should governments do? Our research, 'Heroes or Zeros', supported by Santander, argues for a more nuanced policy approach.  
Entrepreneurs are widely regarded as social heroes, generating jobs, inventing new things and providing us with examples of personal fulfilment. Governments seek to encourage them. There is a constant flow of new market entrants suggesting economic dynamism and promising future growth. Increasing that flow seems self-evidently a sensible policy goal. How real is this picture? Our report, 'Heroes or Zeros', explains why entrepreneurs as a category are more elusive and hard to pin down than we think,
and seeks to evaluate whether government subsidy for new ventures in general is worthwhile in light of our lack of certainty. Its principal focus is on the individuals who become, or aspire to become, entrepreneurs? What motivates them? Can we assess their personalities? Are there ‘markers’of future entrepreneurial success? Are there attributes that support entrepreneurial activity? Do they get better by learning from experience, and can they be supported to develop the right skills in the early stages?