Privatization is moving control of something from a government entity to a non-government entity. It would be nice if the government would privatize the White House by giving it to me.
- Entrepreneurship in North Korea? Bringing Business Concepts to a Communist NationNo Facebook or Twitter? No access to the Internet? If it sounds too radical to believe, then consider this: It is the reality in North Korea. What’s more, young professionals in North Korea, which is under restrictive communist rule, know very little about basic business concepts like entrepreneurship and private equity. Geoffrey See, founder of Choson Exchange, is helping to bring business knowledge to the country, where young people are excited by new ideas and the potential for change.