|
CALIFORNIA BUSINESS MINUTE The Next Entrepreneurs 02-28-08
Hi, I am Tim Johnson and welcome to the California Business Minute.
The Future of Small Business, a report funded by Intuit (Mt. View) completed by the Institute of the Future (Palo Alto) looks out a decade to examine the prospects, influences and profiles of small business.
The report identified three emerging trends that reveal small businesses will be equipped with advanced technology and unprecedented social networks that will amplify their reach and capabilities.
-- Brain Meets Brawn to Create Opportunities for Small Business -- The emergence of barbell-like economic structures will drive new business collaborations, creating greater opportunity and profitability for small business
-- Barriers Down, Small Business Opportunities Up -- Access to big business infrastructure will expand, making their sophisticated technologies available to small and personal businesses, at lower risk, with a variable cost structure
-- The Next Wave of Globalization Will be Driven by Small Business -- Muted trade barriers, improved technology, and professional and social networks across borders will facilitate small business access to new markets
I am Tim Johnson and this has been the California Business Minute.
|