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Management article
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Reference no. 85216
Published by: Harvard Business Publishing
Published in: "Harvard Business Review", 1985

Abstract

Entrepreneurship is a trait that is confined neither to certain types of individuals nor to organizations. A society can do much to stimulate or inhibit the development of entrepreneurship. Government policy decisions in recent years to lower the capital gains tax and deregulate certain industries have been instrumental in encouraging establishing new businesses. College and university business programs are also instrumental in stimulation. But it''s up to individual organizations to foster conditions that allow entrepreneurship to flourish.

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Abstract

Entrepreneurship is a trait that is confined neither to certain types of individuals nor to organizations. A society can do much to stimulate or inhibit the development of entrepreneurship. Government policy decisions in recent years to lower the capital gains tax and deregulate certain industries have been instrumental in encouraging establishing new businesses. College and university business programs are also instrumental in stimulation. But it''s up to individual organizations to foster conditions that allow entrepreneurship to flourish.

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