Importance of Entrepreneurship in Economic Development

Howard H. Stevenson; William A. Sahlman

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Chapter | Entrepreneurship, Intrapreneurship, and Venture Capital: The Foundations of Economic Renaissance | 1986

Importance of Entrepreneurship in Economic Development

by Howard H. Stevenson and William A. Sahlman

Keywords: Entrepreneurship; Development Economics;

Format: Print

Citation:

Stevenson, Howard H., and William A. Sahlman. "Importance of Entrepreneurship in Economic Development." Chap. 1 in Entrepreneurship, Intrapreneurship, and Venture Capital: The Foundations of Economic Renaissance, edited by Robert D. Hisrich, 3–26. Canada: Lexington Books, 1986.

About the Authors

Howard H. Stevenson

Sarofim-Rock Baker Foundation Professor of Business Administration, Emeritus

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William A. Sahlman

Baker Foundation Professor, Dimitri V. D'Arbeloff - MBA Class of 1955 Professor of Business Administration, Emeritus

Entrepreneurial Management

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More from these Authors

Book | 2019

Problem Solving: HBS Alumni Making a Difference in the World

Howard H. Stevenson, Russ Banham and Shirley Spence

Problem Solving is the culmination of four years of research conducted by a small project team from 2015 through 2018 in collaboration with HBS alumni, students, faculty, and staff. Its broad and deep knowledge base is derived from a survey of 13 MBA classes (spanning 1955 and 2015), more than 200 interviews, and extensive archival and secondary research. The final result is a coffee-table style book with 300 plus pages of text brought vividly to life with photographs and quotations. Its more than 200 stories from around the world provide a sampling of alumni impact in education and lifelong learning, health and wellness, community and economic development, energy and the environment, and arts and culture.

Keywords: Harvard Business School; alumni; influence; social responsibility; humanitarianism;

Citation:
Stevenson, Howard H., Russ Banham, and Shirley Spence. Problem Solving: HBS Alumni Making a Difference in the World. Southwestern Publishing Group, 2019. View Details

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Case | HBS Case Collection | October 2018 (Revised May 2019)

Khan Academy 2018

William Sahlman and Nicole Tempest Keller

Founded in 2008, Khan Academy was a global educational nonprofit with a mission to provide a free, world-class education for anyone anywhere in the world. By 2018, the organization had expanded into numerous content areas, product areas, and geographic markets. However, a newly minted 3-year strategic plan called for greater focus and prioritization to enable the young organization to maximize its impact. It also called for increased fundraising efforts to ensure long-term sustainability. The case poses several questions: How can the organization balance its far-reaching aspirational vision for transforming education globally with the short-term need for greater focus? Would the priorities set in the strategic plan enable Khan Academy to create systemic global change? How should donors evaluate the attractiveness and impact of a potential investment in Khan Academy relative to other organizations in the educational market? Was Khan Academy on the right path to ensuring long-term sustainability? What should Khan Academy’s management team do?

Keywords: entrepreneur; sustainability; scaling; Social Entrepreneurship; Nonprofit Organizations; Strategy; Education; Entrepreneurship; Teaching; Education Industry; California;

Citation:
Sahlman, William, and Nicole Tempest Keller. "Khan Academy 2018." Harvard Business School Case 819-064, October 2018. (Revised May 2019.) View Details

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Technical Note | HBS Case Collection | August 2018

Evaluating Start Ups

William A. Sahlman, Ramana Nanda and Robert F. White

A framework for assessing new business opportunities and the business plans used to describe them is developed. Useful for aspiring entrepreneurs in MBA programs.

Keywords: Entrepreneurship; Business Startups; Business Plan; Opportunities;

Citation:
Sahlman, William A., Ramana Nanda, and Robert F. White. "Evaluating Start Ups." Harvard Business School Technical Note 819-039, August 2018. View Details

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Importance of Entrepreneurship in Economic Development

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About the Authors

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