PATRIOTISM AND ENTREPRENEURSHIP Patriotism is the spirit of loyally supporting one’s nation. The major thrust of patriotism in the context of entrepreneurship in an economy is to refrain from corruption and sabotage or subversion. Thus, the relationship between entrepreneurship and patriotism is reflected in the following roles that a patriotic entrepreneur plays to the nation that is the entrepreneur should have the spirit of: a) Creating jobs without oppressing fellow citizen workers i.e. the entrepreneur will be expected to provide good working conditions and be worker – centered. b) Charging fair and affordable prices c) Producing quality products which compare with international standards d) Conserving natural resources e) Practicing good ethics and social responsibility in business and the community f) Generating foreign currency without externalizing it. g) Generating government revenue through paying corporate tax. h) Playing supportive role to the giant firms by being subcontracted in construction, manufacturing and distribution i) Reducing anti-social activities such as theft, robbery, murder, promiscuity by creating employment for self and other citizens j) Reducing rural to urban migration by creating employment opportunities in rural areas
Posted on: Fri, 09 Aug 2013 05:32:50 +0000