The Importance of Entrepreneurs by Dr Alan Dowler

In the newly-elected New Labour Government which swept into power in 1997, the new mantra for economic renewal emanating from the then Iron Chancellor, Gordon Brown, was one of enterprise, enterprise and even more enterprise, to turn Britain into an economy driven by the entrepreneurial nature of its citizens well-versed in how to make money (see In the government white paper, Our Competitive Future: Building the Knowledge Driven Economy, the economic aims of the new Labour administration were made absolutely clear: Entrepreneurship and innovation are central to the creative process in the economy and to promoting growth, increasing productivity an