
The Confident and Venturesome
Assume the RISK
or Insure the Doubtful and Timid
by Guaranteeing to the Latter
a Fixed Income in Exchange for
an Assignment of the ACTUAL RESULTS.
Frank Knight (1921) in Risk, Uncertainty, and Profit
STRATEGIC POSITION
E3 - The Center for Entrepreneurship, Ethics, and Enterprise produces original research and commentary to promote the “3” timeless foundations that have made the American economy the greatest developer of innovation, jobs, and wealth the world has ever seen.
Entrepreneurs spot opportunities in all kinds of markets and then take on the risk to create innovative product-service solutions for businesses and households.
Ethics demonstrate the foundational values that define the value proposition – the message – made by product-service providers to their target audiences.
Enterprise is the logical activity whereby all kinds of ventures are launched to facilitate smooth transactions between buyers & sellers.
THE FOUNDER
E3 was conceived and developed by Dr. David Newton – a nationally recognized entrepreneurship professor, researcher, writer, speaker, and consultant to over 500 new and emerging growth ventures since 1984. Since 2013 Dr. Newton has been teaching in the Center for Executive Development for The Rady School of Management, the University of California at San Diego. He previously taught six years in the Pepperdine MBA program, one year at UMass-Amherst, and 22 years at Westmont where he founded the entrepreneurship program in 1990.
He has published over 200 articles, and authored/coauthored 10 books including: the groundbreaking Entrepreneurial Ethics (1997), How To Be A Small Cap Investor (1998) – the November-1999 “Book of the month” selection by Money magazine and named to the Forbes magazine “Top-10 Books in Finance for 1999”. He wrote the chapter on small-cap stocks for the 2001 anthology The Global-Investor Book of Investing Rules (joining other invited authors such as Charles Schwab, Frank Fabozzi, Bill Gross, Roger Ibbotson, Ken Fisher, Andrew Tobias, John Rothchild, and Paul Templeton). See his 4 most recent books.
The Freedoms Foundation of Valley Forge honored Dr. Newton with its 2008 Leavey Award for Excellence in Private Enterprise Education, and he has been recognized each year since 2004 as a national ‘Master Teacher of Entrepreneurship’ by the Experiential Classroom Symposium sponsored by The Kauffman Foundation. He continues to speak at university campuses and venture forums across the U.S. and in Europe, has appeared multiple times on CNN, has given talks in Washington, D.C. at the Capitol Hill Club and Heritage Foundation, has appeared multiple times on CNN, and since 2003, has spoken over two dozen times for Young America’s Foundation and the Reagan Ranch Center.