While the concept of entrepreneurship has existed for some time,
we are witnessing a resurgence in both research as well as formal degree
programs. I think this is triggered by a number of factors. One key
factor is that most net new growth in jobs today emanates from small
to medium-size businesses. Larger firms are turning to alternative
organizational forms to compete in the global economy. This ranges
from trimming the various managerial layers to strategic outsourcing
as well as joint ventures.