Free press releases distribution network?

Agency / Source: Ernst & Young, LLP

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Entrepreneurship and Innovation Key to Global Economic Recovery According to Ernst & Young Report - White paper highlights the role of government in making economies “innovation-friendly”
Entrepreneurship and Innovation Key to Global Economic Recovery According to Ernst & Young Report

 

PRZOOM - /newswire/ - Atlanta, GA, United States, 2009/08/12 - White paper highlights the role of government in making economies “innovation-friendly”.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Ernst & Young LLP recently released a report during the Detroit Economic Club’s National Summit that highlights the vital importance of entrepreneurship and innovation in today’s economy. At a time when business leaders are struggling to balance short-term survival with long-term demand for growth, innovation and an entrepreneurial mindset is essential.

The new white paper, Entrepreneurship and innovation: The keys to global economic recovery, details the clear connection between entrepreneurship, innovation and economic growth. Drawing on academic research, leading business minds and real-world experience, the report shows how developing new products and services, revamping organizational processes or adopting fresh approaches to partnerships can enable companies to take advantage of the current economic climate. The full report can be downloaded at ey.com/innovation/.

“Entrepreneurship and innovation inherently thrive in downturns; in fact, some of the world’s largest companies were born during a recession,” says James S. Turley, Global Chairman and CEO of Ernst & Young. “In times like these, it’s especially evident that entrepreneurial thinking isn’t optional. It’s more than a buzz word – it’s a business strategy.”

Carrie G. Hall, Southeast Sub-Area Strategic Growth Markets Leader of Ernst & Young agrees. “Economically, entrepreneurship invigorates markets. In 2009, more than half of the companies on the Fortune 500 list were found during a recession or bearing market,” says Mrs. Hall. “The establishment of new business leads to job development and has a multiplying result on the economy.”

The white paper analyzes many aspects of the entrepreneurial debate, including:

• Recessions tend to favor the naturally innovative temperament of an innovative mind. Historically, entrepreneurs have thrived in recessions, and helped to bring about a return to economic health. According to a recent Ernst & Young survey, 67% of entrepreneurs are focused on pursuing new market opportunities brought on by the downturn.

• The market leaders of today are not necessarily the market leaders of tomorrow. Globally, all the major indexes turn over every five years. For example, the Global Forbes 2000 has experienced a 51% turnover; the HDAX (Germany), 50%; the FTSE 350 (UK), 50%; the KOSPI 200 (South Korea), 49%; and the Bombay 200 (India), 91%. Entrepreneurial-minded enterprises are growing with incredible speed and quickly entering the ranks of the world’s largest corporations.

• Innovation is often disruptive, yet it is critical to maintaining and sustaining market leadership. Strong organizations embrace this and make it a part of their corporate culture.

• Entrepreneurship is not about size; rather, it’s a state of mind. Large companies can and do build and sustain cultures that embrace the power of innovation.

• Government policies can play a big role in encouraging entrepreneurial growth. Free flows of capital, labor and ideas benefit innovators, as does an educated populace. Additionally, governments can create conditions that attract foreign investors and encourage or discourage innovation through the tax code.

“Those with an innovative mindset can unlock the hidden opportunities in this recession,” notes Mr. Turley. “New companies will spring up that will revolutionize whole industries, while mature companies will build innovative cultures that can strengthen their competitive edge for generations. After all, innovative companies outperform their industry peers and are the most attractive to shareholders. We must do everything we can to stimulate creative thinking across our organizations, teams and processes. Our economic recovery depends on it.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Financial/Legal/Venture Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Ernst & Young, LLP

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Financial/Legal/Venture articles,
CATCH Visitors via Your Competitors Announcements!


Entrepreneurship and Innovation Key to Global Economic Recovery According to Ernst & Young Report

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
|
Contact: Cynithea Reeder / Carrie Hall 
404-817-5305 cynithea.reeder[.]ey.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Ernst & Young, LLP securities in any jurisdiction including any other companies listed or named in this release.

Financial/Legal/Venture via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Ernst & Young, LLP / Company Profile


Read Financial/Legal/Venture Most Recent Related Press Releases:

Propel Financial Services Partners with Clear Payment Solutions
Digital Payments Power Growth in Booming Asia-Pacific Financial Technology Landscape Notes Frost & Sullivan
Digital Readiness Key to Growth Opportunities in the Financial Services Market
Prairie Capital Advisors Announces The Sale of Cornerstone Treatment Facilities Network to An ESOP
Koch Agrees to Invest Over $2 Billion in Infor
FTI Consulting Recognized as a Top Service Provider in the Legal Industry
GE Completes Spin Off and Demerger of Bank BPH Core Bank to Alior Bank
ALM Expands Senior Leadership Team, Organization Focused on Customers and Transformation
Lazard Acquires Remaining 50% Stake in MBA Lazard - Fully Integrating its Latin American Operations
Western Union Business Solutions Announce Mark Davis As Head of Australia and New Zealand

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.

Visit  JobsWare.com







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today