Political Entrepreneurship Is The Crying Need Of The Day – Here Is Why

LoungeDecember 8, 2022

There is a misconception about politics – people wrongly assume that political leaders need to stick with political affairs only. As long as political leaders effectively pursue political affairs, it is ‘okay.’ But today, we are living in an era of the Industrial Revolution – an era where technology flourishes and the demands of international politics are on the surge.

This means that political leaders should be updated enough to keep up with the growing demands of international industries. Otherwise, countries will lag behind in the race of international politics.

August / Pexels / More than ever before, today, political leaders need to develop an entrepreneurial mindset to keep up with the demands of international politics.

At this point, the world is struggling with global challenges. Climate change, looming recession, leaping inflation rate, and mass unemployment are just to name a few. Political leaders need to be proactive in addressing these challenges. If not, humanity will end up in the worst place.

In this article, we are going to look at the essence of political entrepreneurship. We will also analyze why it is the crying need of the day.

What is the Essence of Political Entrepreneurship?

Let’s kick off from the very basics. Before we dive deep into the topic, let’s see what political entrepreneurship means. In its truest sense, political entrepreneurship refers to the act of renovation and application of a new political idea. Essentially, political entrepreneurs are young individuals or groups who come up with brand-new ideas about geopolitics, international relations, and the global economy.

Fauxels / Pexels / Political entrepreneurs are young individuals or groups of learned youngsters who come up with innovative ideas.

However, it is essential to note here that these aspiring political entrepreneurs also work on improving the art and science of technology. They also ponder over technological advancements.

In turn, they apply these “novel ideas” for the betterment of humanity.

Why is Political Entrepreneurship A Crying Need of the Day?

As mentioned earlier, we are living in an era of technological revolution, and today, the demand for political entrepreneurship is on the surge. Because the world has become a global village and the demands of political entrepreneurs are always high.

Andrea / Pexels / To resolve geopolitical skirmishes and to improve international politics, political entrepreneurship is the crying need of the day.

If you look at the essence of entrepreneurship, you will reckon that it is entirely different than politics. That is why people view these two as opposing factors. But, deep down, entrepreneurship and politics are interlinked.

Essentially, entrepreneurs build a company from scratch. People like Elon Musk, Mark Zuckerberg, and Warren Buffett are living examples of entrepreneurship. Unlike this, politics is entirely different. Instead of corporate, political leaders built the lives of civilians.

However, once these two are concocted, a whole new arena of opportunities unveil. Countries that succeed in producing young politicians who possess entrepreneurial mindsets will lead in geopolitics. They will effectively overcome international challenges and humanitarian crises that the world struggles with.

The prime minister of New Zealand, Jacinda Ardern, is the epitome of political entrepreneurship. Not only is she the female leader, but Jacinda is also one of the youngest PMs of New Zealand. She possesses all the capabilities of a political entrepreneur. And the world needs more political entrepreneurs like Jacinda Ardern.