ABSTRACT
Innovation and entrepreneurship are thus needed in society as much as in the economy, in public-service institutions as much as in businesses. The first priority in talking about the public policies and governmental measures needed in the entrepreneurial society is to define what will not work—especially as the policies that will not work are so popular today. “Planning” as the term is commonly understood is actually incompatible with an entrepreneurial society and economy. In an entrepreneurial society individuals face a tremendous challenge, a challenge they need to exploit as an opportunity: the need for continual learning and relearning. In an entrepreneurial society, however, these “exceptions” become the exemplars. The correct assumption in an entrepreneurial society is that individuals will have to learn new things well after they have become adults—and maybe more than once. The emergence of the entrepreneurial society may be a major turning point in history.
