Business capabilities mean?

The concept of business capability is in place for the first time in

the SEVENTEENTH century and its meaning is still evolving since then. Many people simply
regarded it as the beginning of an individual business. Most economists believe that the
concept of business capability also embraces many other meanings.
To some economists, is a businessman who is willing to incur risk in a new business project if
feel distinctly overriding profit. Others emphasized the role of entrepreneur, regarded them
as initiators, putting his initiatives to market. Some other economists that the entrepreneurs
are people who take out these goods or new production methods to meet the needs of the
market that we have the supply.
In the twentieth century, American economist Joseph Schumpeter (1873-1950) concerns the
improvement and invention of the entrepreneurs have impacts in the creation of the shifting
and changing. Schumpeter view business possibilities as resources brought to creative
destruction ". Entrepreneurs to conduct "the new combination , that makes the old
industry become obsolete. The way business old tradition has been broken by the
appearance of the new way better.
Expert Peter Drucker (1909-2005) developed this idea with the description of the
entrepreneur is someone who seek change, adapt to change and take advantage of that
opportunity. Consider the changes in the field of information-from typewriters to computers
then the Internet-this is the best evidence for this idea.
Today, most economists agree that business capabilities is an essential factor in economic
development and fully end the occupation opportunities in every society. In the developing
countries, the small business success is a fundamental driving force in the creation of
employment, income and poverty reduction development. Therefore, the Government's
support for the ability to do-he is an important strategy in economic development.
Declaration of the Committee of industry and trade of the Organization for cooperation and
economic development (OECD) in 2003 that: "the policies aimed at developing the ability of
business has important implications in the creation of the
-3and economic development ". Government officials can establish incentive measures aimed
at encouraging the entrepreneur embarks on new business projects. Among the measures is
the legal enforcement of property rights and encourage a system of competitive markets.
The culture of a community can also influence the possibilities of business in our community.
The business possibilities in the different levels can stem from differences in culture, that
makes business capabilities can be appreciated or not. A respected community people doing
in the high positions in the State apparatus or those intellectuals have high professional
education that may not have the effect of encouraging business capabilities. In contrast, a
culture or the policy importance of individuals
independently often encourage the possibility of more business.
The essential point of the above is the first article in the series of one-page essays written
about the basic elements of business capabilities. Each page are combined minds of the
mainstream economic theorist with the example of the practices of the business in many
different countries. Series of essays aims to answer the question:
why and how people can become entrepreneurs?
why the ability of business beneficial to the economy?
How will the Government encourage business development capabilities, and with it the
economic growth?
-42. what qualities make someone become a home business?
Who can become a home business? There is no one right answer to this question only
question. A successful entrepreneur can appear at any age, gender, income level and race.
They differ on education and experience. But a study found results: most successful
entrepreneurs have certain personal qualities, which are: creativity, computer hard,
determination, flexibility, leadership, passion, confidence and smart ".

 Innovation: are sparks created the development for new products and services or to the
way business. This is the driving force of innovation and improvement. It makes people do
not stop learning, creative thinking beyond what has already been created.
Computer hard: is what makes entrepreneurs working diligently, 12 hours/day or more,
even work all seven days of the week, especially from the beginning to the end of a day's
work. The planning and the ideas have to be highly concentrated in order to achieve results.
The only makes people achieve this.
determination: is the desire to desire strongly to achieve success. It includes the
persistence and the ability to stand firm