By: Robert Roach, Senior Researcher and Director of The West in Canada Project
Be it myth or reality, there is a perception that our neighbours to the South are naturally more entrepreneurial than we are. The history of the United States is rich in entrepreneurial spirit, but for whatever reason—geography that requires a more communal approach, a different history of immigration, a slightly more conservative culture—Canadians haven’t been quite as naturally willing to roll up their sleeves and start their own businesses.
Of course, Canada has had its share of personal business success too. Family empires such as the Eatons, the Bronfmans, and the Thompsons quell the notion that Canadians can’t be business savvy.
Brett Wilson is a Canadian businessman, philanthropist, and a “dragon” on CBC television’s The Dragon’s Den. Having built an energy empire from scratch, he knows a thing or two about entrepreneurialism and how essential it is for an economy like Canada’s. Additionally, he has established the Wilson Centre for Entrepreneurial Excellence at the University of Saskatchewan. Education around entrepreneurialism is critical, and young people seem particularly well-suited for entrepreneurialism, perhaps because of their naturally youthful optimism or the energy they devote to pursuits which interest them.
Entrepreneurialism matters because economic power centres are shifting. Manufacturing is in upheaval. Resources are under cost and environmental pressure. Everything is changing, and the countries that will succeed are not the ones that cling to 20th century ideas of business empire building, but the ones that can adapt more quickly to the world around them.
A heady combination of creative skills, comfort operating in foreign markets and with international partners, risk-taking, a strong desire to be at the top of the economic value chain, environmental thinking, civic duty and social gregariousness will culminate in the New Canadian Entrepreneur. The result will be not only a measurably better economy, but a happier, more engaged and more productive workforce.
The New Entrepreneur may be on the cutting edge of scientific research, perhaps starting Canada’s next Research In Motion. She will find innovative new cures for diseases and put Canada on the map for health technologies. He will creatively find solutions to political and social issues around poverty and homelessness. They will be superstars in their fields.
Surely not everyone will be as wealthy and famous as Jim Balsillie. Not many of us will make medical breakthroughs like Sir Frederick Banting and Dr. Charles Best, the Canadian discoverers of insulin. Most of us don’t even aspire to that anyway. The good news is that the New Entrepreneur will also be what most of us hope to be: fairly-paid employees who feel that their ideas and actions are actually valued and making a difference.
Admittedly, some jobs are simply more creative and engaging in nature. It may be easy (and expected) to be creative if you work for a software company with a foosball table. Working in a meat slaughtering plant or a road paving crew may not be as naturally creative.
Still, in even the most seemingly mundane or routine jobs, there is scope for creativity and entrepreneurialism. In any occupation or activity, one can ask “Is there a way to do this better? Is there a method that reduces time or waste? Are there ways I can minimize my environmental footprint and save money at the same time?”
The New Entrepreneur will naturally ask these questions, regardless of the type of work he or she is doing. It goes far beyond our 20th century notions of “entrepreneur” as strictly an inventor or a self-employed business person. The New Entrepreneur will see every action he takes—be it as a medical researcher or a janitor—as part of something larger. She will use her natural creativity and willingness to embrace failure to push her world and her economy a little further.
Sounds utopian? Perhaps a bit. But for the most part, we are not talking about revolutionizing the world. We are suggesting that the Canadian economy and personal job satisfaction can be improved simply by asking a simple question: “How can I do this job differently?” That question will come naturally to the New Entrepreneur.
See previous blogs in this series for a discussion of each of these factors.
This article is based on a forthcoming book entitled “Rewriting the Code: Changing Canada’s Economic DNA” by Todd Hirsch and Robert Roach. Robert Roach is the Senior Researcher at the Canada West Foundation and Todd Hirsch is the Senior Economist at ATB Financial.
This post is based on a forthcoming book entitled “Re-Writing the Code: Changing Canada’s Economic DNA” by Todd Hirsch and Robert Roach.
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