The article is excessively skeptical - many of the skills of entrepreneurship can be taught, and the basic motivations enhanced, even by teachers who have minimal business experience and are not of the entrepreneurial temperament.
So this can be a solid benefit to a society - but not usually a panacea.
If you do have some teachers with good business experience, the results get much better.
It can be tough to scale up the number of entrepreneurs, they tend to be small numbers and self selected. So if you triple the number of slots for students, you might get 15% more entrepreneurs, not triple.
BBC had a program called the Dragon's Den, which feature venture funding by successful business people, they also had Alan Sugar in their version of The Apprentice.
For much of California, however, new business and entrepreneurship are a panacea, and their taxes are able to support a wastrel state government far past any reasonable limit.
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Just a side note, Steve Jobs was brought up in a middle class home, a nice but typical suburb. (Los Altos)
Bill Gates was upper class or very close to it - when the Governor of the State of Washington comes to your parents house for dinner, you're probably upper class. |
