Pragmatism Coursework Example | Topics and Well Written Essays - 250 words

Pragmatism - Coursework Example The underlying principle is to raise the level of entrepreneurship activities that are considered to be below the social optimum. The implementation can be done directly to address the needs of the entrepreneur. The policies can be modeled in the form of a series of inputs that starts with the change in culture followed d by general and specific developments in skills. Pragmatism is a tradition of philosophy that began in the U.S around 1870. The term refers to the rejection of the idea that the function of thinking is to describe the reality. According to pragmatists, thoughts are a product of the interaction between the environment and organisms. When it comes to entrepreneurship, there is eminent risk in the decision making processes. In this case, the notion of pragmatism suggests that the entrepreneur has the ability to put ideas to the test (Dye, 2010). He/she should ensure that the ideas have a certain degree of truth in them. When the ideas are applied in the real world, they should be workable. In such a case, the notion of pragmatism becomes a philosophy of experience. Moreover, there have been marked changes in pragmatism over the past twenty