Entrepreneurship perceptions and the concept of world class manufacturing

ABSTRACT: Globalization and structural and strategic changes in organizations have created more turbulence in traditional waged work, suggesting that more and more people will be faced with redundancy, dismissal and unemployment during the course of their careers (Mallon, 1998). The high levels of unemployment have led policy makers to seek solutions, and one of the most promoted ones is entrepreneurship. Entrepreneurial activities are substantially different depending on the type of organization and creativity involved. Entrepreneurship ranges in scale from solo projects (even involving the entrepreneur only part-time) to major undertakings creating many job opportunities. WCM is crucial to competition, because the techniques and resources it combines can create new opportunities.