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The great entrepreneurs of the last century - folks like Henry Ford, John D. Rockefeller, and Thomas Edison - spawned huge companies that were designed around a model of scalable efficiency. In that model the job of workers was to fit into their roles and perform tightly specified and standardized tasks in a highly reliable and predictable way. The employee society was born. Enormous wealth was created for the entrepreneurs who pioneered this way of organizing business, and enormous value was delivered to the marketplace. And most of us became employees.

"We Need to Expand Our Definition of Entrepreneurship" is from, published on September 28, 2016.

©2016 by the President and Fellows of Harvard College, All Rights Reserved (P)2016 Audible, Inc.

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