In her global entrepreneurship talk, Julie Meyer discusses the concepts she puts forth in her book 'Welcome to Entrepreneur Country,' published in 2012. She explains that while good entrepreneurs can come from any part of the world, this does not happen systemically or consistently. She believes this will happen when the cost of discovery is reduced, as well as the cost of disruption.
The global entrepreneurship talk notes two defining characteristics of all entrepreneurs. First, they see the inevitable and advance the future. Second, they are willing to live abnormal lives. She remarks the second identifier is particularly important.
As capital follows ideas, the economy becomes cyclical. Every 60 to 70 years, a new disruptive technology emerges that revolutionizes the current way of thinking. Depending on how quickly people adapt, this will affect the wealth of society and strength of the economy.