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Overview of Disciplined Entrepreneurship & Relevance in an International Context

Massachusetts Institute of Technology
Massachusetts Institute of Technology
Massachusetts Institute of TechnologyManaging Director, The Martin Trust Center for MIT Entrepreneurship & Senior Lecturer, MIT at Massachusetts Institute of Technology

From talk at conference for German Entrepreneurship Educators and others to celebrate the EXIST Program on March 27, 2014 in Berlin.

Overview of Disciplined Entrepreneurship & Relevance in an International Context

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INTERNATIONAL
ENTREPRENEURSHIP?
1
Bill Aulet
Managing Director,
Martin Trust Center
for MIT Entrepreneurship
What Does	
  
Really Mean Today?	
  
EXIST Berlin 	
  
2
Being an entrepreneur
is the new “cool” thing.
As a result,
demand for
entrepreneurship
is blowing up!
3
But is there sufficient
understanding of the topic?
Hmmm….
DISCIPLINED ENTREPRENEURSHIP
Definition of Entrepreneurship – 2 Types
Entrepreneurship	
  
SME	
  
(Small	
  Medium	
  Enterprise)	
  
Regional	
  Markets	
  
Restaurants	
  
Dry	
  Cleaners	
  
Services	
  
IDE	
  
(Innova=on-­‐Driven	
  
Entrepreneurship)	
  
Global	
  Markets	
  
Products	
  for	
  Export	
  
Sustainable	
  Compe==ve	
  Advantage	
  at	
  
Core	
  
•  Δt	
  is	
  short	
  
•  Linear	
  growth	
  
•  Less	
  investment	
  required	
  
•  Δt	
  is	
  long	
  
•  Exponen=al	
  growth	
  
•  A	
  lot	
  of	
  investment	
  required	
  
Other Questions for
Entrepreneurship Education
1. Can
2. Why
3. How
5
6
Crisis in
entrepreneurial education
Demand
Supply of
quality
Time
Storytelling
Ad

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