I found Chapters 7 and 8 in Rebuilding
Native Nations to be incredibly interesting, because I have done a lot
of research on entrepreneurial ecosystems and entrepreneurship as a catalyst
for economic development. I believe that the textbook should have defined
entrepreneurship before applying it to Indian reservations.
The OECD has proposed such internationally accepted definitions:
entrepreneurs are those persons or business owners who seek to generate value,
through the creation or expansion of economic activity, by identifying and
exploiting new products, processes, or markets. Entrepreneurial activity is the
enterprising human action in pursuit of the generation of value, through the
creation or expansion of economic activity, by identifying and exploiting new
products, processes, or markets (Ahmad & Seymour, 9).
Based on these definitions, entrepreneurs are often characterized
by innovation and creative disruption with the market entry of their firm or
product. Should Native Americans who open basic independent businesses that
support reservation life (for example: grocery or convenience stores, auto body
shops, hair salons, etc.) be considered entrepreneurs? This seems like an
interesting debate question. Maybe a business that does not seem innovative to
greater society--and yet is the first in market on a reservation--is
entrepreneurial in regards to Indian reservations. These independent,
citizen-owned enterprises certainly can generate wealth, employment, and
economic diversity. In my opinion, an Indian who opens an independent business
that is unique (and perhaps first in market) on the reservation, and creates
employment and wealth, should be characterized as an entrepreneur.
Bibliographic
Source for the Definitions:
Ahmad, Nadim and Seymour, Richard G. “Defining Entrepreneurial
Activity:
Definitions Supporting
Frameworks for Data Collection.” OECD Statistics, January 2008, www.oecd.org/std/business-stats/39651330.pdf.
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