...Practical intelligence, or common sense, is key to success in business, according to a new study that highlights the importance of hands-on experience and learning by doing.
Researchers from American University in Washington D.C. and the University of Maryland found that entrepreneurs who learn from experience and experiment have an edge over those who acquire knowledge through reading and observation.
"Entrepreneurs, especially during the early stages of their start-ups, have to think on their feet," said Professor Barbara Bird, of American University's Kogod School of Business...
Common sense key to entrepreneurial success - study | Reuters
