Personal Characteristics of Entrepreneurs
Our discussion thus far indicates that it is not exogenous but endogenous economic development that is more feasible for the third-world countries. This type of development calls for an entrepreneurial zeal. Just who are entrepreneurs? What do they do? And how do they succeed? These are extremely critical questions. Without having some answers to these questions, it is not possible to undertake an ambitious endogenous development-orientation. Entrepreneurs are the prime movers of endogenous development.