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A person walks past closed businesses on Spadina Avenue in Chinatown in Toronto on May 13, 2021.Nathan Denette/The Canadian Press
Scott Stirrett is the founder and chief executive of Venture for Canada.
The famed management consultant Peter Drucker once said that “culture eats strategy for breakfast.” While this saying originated in the corporate world, it also influences the fate of countries.
An entrepreneurial culture, which encourages people to identify and act upon opportunities to create value for others, is essential to improving a country’s quality of life. Entrepreneurial behaviour creates economic growth and innovation, which enhances our capacity to tackle challenges such as an aging population and climate change. But Canada’s insufficiently entrepreneurial culture poses an existential risk to our country’s future.
Countries rise and fall…
