Now China's cashmere trade, once under total government control, is being run in part by individual entrepreneurs who have bid up prices.

Proximity generates benefits well beyond what individual entrepreneurs could create alone.

If the company proves the pessimists wrong, the golden age of the individual entrepreneur will certainly go on for a while longer.

Of course, the age of the individual entrepreneurs did not last long.

Small companies and individual entrepreneurs, it seems, are somebody else's business.

But the law's critics argue that it ignores the interests of individual entrepreneurs.

"My philosophy says, let's let individual entrepreneurs decide where they want to invest."

But is this really creating a city of risk takers prepared to set up on their own - true individual entrepreneurs?

With reform came private markets and individual entrepreneurs and a commercial sector.

There is no benefit to the individual 'entrepreneurs' either.