ARTICLE SUMMARY

Article Summary

Article Summary

Introduction

The world in which we line today is moving at a fast pace. Technological changes and advancements have revolutionized our world. The only thing that is constant in this world is change. In order to deal with this rapidly changing world, more and more number of people are moving towards the phenomenon of entrepreneurship. This frequent increase of preference of people to engage in entrepreneurship has raised a number of questions. The quest that the article under discussion talks about is the relation of entrepreneurial activity with the culture and values. This paper presents the important points and summary of the article with the name of “Culture as the Basis of The Good Entrepreneur” by Michael Naughton and Jeffrey R. Cornwall.

Discussion

This article by Michael Naughton and Jeffrey R. Cornwall sheds light on unique aspects of the entrepreneurship. The article begins with the comparison of overall entrepreneurial situation that is going on in United States in other part of the world with a scene of a movie Gladiator (Michael and Jeffrey, 2009). The authors describe the scene in which the Roman kind did not choose his own son to continue his throne because he lacks the vision of common good and virtue that is necessary to rule the country in an effective and efficient way. First of all it is important to mention that such description of the scene of the movie engages the attention of the reader and secondly it becomes easy for the reader to compare and relate the scenario to the actuality and practical world. Secondly, the main purpose for the authors to mention this scene of the movie is to point out that with the passage of time we have forgotten our norms, values and beliefs. Entrepreneurial activities are quite different, depending on the type ...