Death of an Entrepreneur

The recent death of entrepreneur Nicolas Hayek, reported widely in the press struck me as relevant to several of the questions set in the Applied Management Project.

Hayek was the man behind the Swatch. His simple idea was that a watch need not be expensive, but could still be desirable, if marketed as a stylish "must have" brand.
A fashion accessory as much as a timepiece.

The idea ( and the Swatch ) are still going strong today. Hayek became one of the world's weathiest men...

A look at Hayek's background, and the nature of his ideas could be relevant in particular to the question about whether entrepreneurs are born or created....