Entrepreneurship and the macro economy. The drivers of Irish entrepreneurship.

Killion, Siobhan (2011) Entrepreneurship and the macro economy. The drivers of Irish entrepreneurship. Undergraduate thesis, Dublin, National College of Ireland.

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Abstract

Ireland is in the midst of one of the most difficult periods in its short economic history.
Much is written about what needs to be done to stimulate the economy to economic
recovery. There is much talk about nurturing home grown Irish businesses and how these
businesses can contribute so much to our recovering economy.
The purpose of this paper is to examine the external macro-environmental forces as they
have influenced a selected group of Irish entrepreneurs since they formed their respective
businesses since the 1970’s in Ireland.
I believe that in looking at the entrepreneurial sector, and evaluating what are its drivers
and inhibitors and what are its dynamics, much can be learned about what resources this
sector needs, and how effectively this sector can be assisted using existing resources.
What makes an Irish entrepreneur? What makes a person give up a regular income and in
some instances risk personal savings up to and including the family home in the pursuit
of being self employed. This paper seeks to look at the macro economic drivers of Irish
entrepreneurial activities and establish the principal drivers for entrepreneurial activities
for the past 30 years.
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In my opinion it is vital to ascertain the factors at play in entrepreneurship in Ireland.
Much is said about our economic recovery being reliant on the growth of indigenous Irish
industry, which can avail of export opportunities.
Entrepreneurship can be an area that is almost taken for granted, but I believe there is not
enough understanding of Irish Entrepreneurship and its evolution. We must develop our
understanding and knowledge of this area so that we can ascertain how best to target
scarce resources to maximum effect and also this knowledge can also lead to a better
understanding of why entrepreneurship occurs, and, is all entrepreneurship to be
encouraged or does ‘enforced entrepreneurship’ exist. My understanding of this concept
is that often people become self-employed because they simply have no other access to
employment opportunities and income. I wanted to confirm if this was a major driver of
Irish entrepreneurship, and if not, what was the over riding factor for individuals
considering establishing their own businesses, and when I had established what the main
drivers were to look at these drivers and to establish the future impact these businesses
may have for the future recovery of our economy.
This dissertation does not include those engaged in the agricultural sector under any of its
headings.

Item Type:	Thesis (Undergraduate)
Subjects:	H Social Sciences > HB Economic Theory > Entrepreneurship
Divisions:	School of Business > BA (Honours) in Human Resource Management
Depositing User:	Timothy Lawless
Date Deposited:	04 Nov 2011 14:18
Last Modified:	27 Apr 2012 11:20
URI:	https://norma.ncirl.ie/id/eprint/591

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