The Third Industrial Revolution has begun (3) - Entrepreneurship

<blockquote>'..Masked underneath all the talk about the global economy, an even bigger phenomenon is at play, one that in due course will overpower the memory of the current crisis. That phenomenon is the true unleashing of the global entrepreneurial capabilities of the bottom half--or rather two-thirds--of humanity..'

- Carl Schramm, ..Global Entrepreneurship.., 2011</blockquote>


<blockquote>'It is .. vital that we understand the function of the entrepreneur and the process that is so critical to the advancement of society and well-being of its members.'

- Doug French (Entrepreneurship)</blockquote>


<blockquote>'When I started my business, I wanted to escape from poverty. But I've come to think that our real value lies in what we should be contributing to society.'

- Zhai Meiqing (..at the forefront of Chinese philanthropy, 1 December 2011)</blockquote>


<blockquote>'..It is not true, that the only incentive that impels the great captains of industry is acquisitiveness..'

- Ludwig von Mises, Inequality of Wealth and Incomes</blockquote>


<blockquote>'Capitalism, with its reliance on entrepreneurial appraisement and the discipline of profit and los provided by a private property market economy, achieves what socialism cannot.'

- Peter J. Boettke (Foreword, Socialism, Economic Calculation and Entrepreneurship, 2010)</blockquote>


Context

<Blockquote>The Third Industrial Revolution has begun (2) - Open Source: the automotive industry

The Third Industrial Revolution has begun (1)

'..central banks worldwide are rendered insolvent..' - '..[there] will emerge a new global economy that is stronger and healthier, provides better living standards..'</blockquote>