Favour ‘opportunity entrepreneurs’

A report by Standard Chartered says governments must identify the right kind of entrepreneurs to support. It adds the focus must not just be on startups in high-tech sectors but also existing entrepreneurs and SMEs. JOY LEE summarises.

THERE are subsistence entrepreneurs and then there are opportunity entrepreneurs, and government measures need to zero in on eco-systems that encourage the right kind of entrepreneurship — namely, the latter type, according to a report by Standard Chartered, entitled Entre-preneurship — A Growth Tonic.