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Complete 11 pages APA formatted article: Recent Changes in the Attitudes to Entrepreneur Activity in the UK.
Complete 11 pages APA formatted article: Recent Changes in the Attitudes to Entrepreneur Activity in the UK. However, over the last decades more and more people become entrepreneurs. There are several reasons for this. One of them is the liberalization of the public mind. Gaining profit with the help of one's mother wit, enterprise and riskiness is no shame anymore. This activity became a profession like many others, which appeared at the beginning of the new age /Milanovic, 1991/.
The other cause of the rise in entrepreneurship is the policy of the government, which is interested in the development of his kind of activity and motivates people to indulge in this type of business. How and why the government does this and whet actual results are already attained will be described further. . . . .
Director of GEM UK, Rebecca Harding – Chief Economist of The Work Foundation and Senior Fellow of the London Business School is sure that: “It is very clear that the UK is becoming increasingly entrepreneurial. Not only is entrepreneurial activity on the rise again, but people hold increasingly positive views about entrepreneurs and start-up businesses” / UK Increasingly a Nation of Entrepreneurs, 2004 /.
She also believes that it is due to great changes in this cultural shift and legal base that entrepreneurship activated through recent times. The change in the attitudes to this type of activity can be proved by the fact that previously people indulge in it mainly out of necessity and inability to gain their living through other professions.
Now they are interested in this activity as in one, which gives prospects for future development and opportunity to try their forces and become profitable. This change and this process in itself are surely positive. However, it also created additional challenges for the Government, which now has to support all the networks necessary for entrepreneurs.
 .In spite of the fact that UK entrepreneurship develops very slowly, still in 2003 Global Entrepreneurship Monitor declared an increase in entrepreneurial activity in the UK. As it appeared in the course of the research, the UK is one of not numerous parts of developed countries, where we can observe an increase in entrepreneurship.