This document provides an overview of an entrepreneurship and innovation course, including the course schedule and content of Chapter 1. Chapter 1 defines entrepreneurship as starting a business to take financial risks for potential profit. It discusses characteristics of entrepreneurs like seeking challenges and risks. Famous entrepreneurs highlighted include Thomas Edison, Mark Zuckerberg, Steve Forbes, and Mary Kay Ash. The chapter also defines innovation and describes the main types as product, organizational, process, and marketing innovation.
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
Open Innovation: An Introduction and Overview (Chalmers)Marcel Bogers
Presentation on "Open Innovation: An Introduction and Overview"
Part of seminar on “Open innovation - managing innovation across organizational boundaries” at Chalmers University of Technology, organization by the Managing-In-Between (MIB) research group at the Management of Organizational Renewal and Entrepreneurship (MORE) division at the Department of Technology Management and Economics (TME).
Description:
What does open innovation really mean? How does it change how we think about innovation processes? What are the managerial and organizational implications? Join us in this seminar to explore these questions with researchers and practitioners active in the field!
About the seminar:
The Managing-In-Between research group at the Department of Technology Management and Economics invites you to an inspiring seminar around open innovation, a topic that has gained increasing interest among researchers and practitioners. This seminar will highlight how the concept of open innovation has evolved, what it actually means, and outline where the research frontier is.
The seminar will feature presentations from one of the prominent researchers in the field of open innovation, Associate Professor Marcel Bogers, University of Southern Denmark as well as researchers from the Managing-In-Between research group at Chalmers, led by Associate Professor Susanne Ollila.
After the initial presentations, we would like to invite the audience to participate in a discussion around the organizational and managerial implications of open innovation for practice. This could be especially interesting to discuss in the Chalmers context where several efforts have been made to increase collaboration and innovation across organizational boundaries, but we still need to further our knowledge of how to support and manage such initiatives.
Source: http://www.chalmers.se/en/departments/tme/calendar/Pages/Open-innovation-seminar.aspx
Part One of Entrepreneurship Lecture Notes on Students Enterprise Club at www.studentsenterpriseclub.com.
This is a Study guide for intending Entrepreneurs.
This module explores the concept of entrepreneurial mind sets, developing entrepreneurial thinking, finding inspiration and discovering the benefits of creative thinking
Introduction to Entrepreneurship v3, 1st editionJorge Saguinsin
This is the latest updated edited version 3 of my introduction of Introduction to Entrepreneurship. It the most comprehensive of my lecture into the said subject. It is the result of 13 years of teaching and research on the said subject. More than 100 slides and 30 mb. Watch out for my new presentation on government entrepreneurship and entrepreneurial capitalism
This talk was delivered on 15th September (Engineers Day) at BML Munjal University. It covers differences between invention, innovation, entrepreneurship, and startup. It discussed innovation landscape, types of innovation, and three important types of innovation in today's world. Innovator's method and innovators skills are also provided.
In Entrepreneurship section, who are entrepreneurs, types of entrepreneurs, entrepreneurial mindset and effectual thinking are discussed. Future of organization is discussed briefly along with why its necessary to learn entrepreneurship. Idea to launch (#flow_with_ramesh), why startup fails (#flow_with_ramesh), are you a startup kid? (#flow_with_ramesh) And challenges of entrepreneurship are discussed. In the end, what three interesting things you can do from learning, mentors, and work is discussed. Lastly, I describe my experiences with innovation and entrepreneurship is discussed.
Innovation is the glue between invention and investment, and transforms ideas into businesses. The process of innovation shapes your idea into something people will value and ultimately purchase.
The innovation process cycles through 4 key steps:
1) Ideas and Solutions
2) Business propositions
3) Business feasibility
4) Business planning
Open Innovation: An Introduction and Overview (Chalmers)Marcel Bogers
Presentation on "Open Innovation: An Introduction and Overview"
Part of seminar on “Open innovation - managing innovation across organizational boundaries” at Chalmers University of Technology, organization by the Managing-In-Between (MIB) research group at the Management of Organizational Renewal and Entrepreneurship (MORE) division at the Department of Technology Management and Economics (TME).
Description:
What does open innovation really mean? How does it change how we think about innovation processes? What are the managerial and organizational implications? Join us in this seminar to explore these questions with researchers and practitioners active in the field!
About the seminar:
The Managing-In-Between research group at the Department of Technology Management and Economics invites you to an inspiring seminar around open innovation, a topic that has gained increasing interest among researchers and practitioners. This seminar will highlight how the concept of open innovation has evolved, what it actually means, and outline where the research frontier is.
The seminar will feature presentations from one of the prominent researchers in the field of open innovation, Associate Professor Marcel Bogers, University of Southern Denmark as well as researchers from the Managing-In-Between research group at Chalmers, led by Associate Professor Susanne Ollila.
After the initial presentations, we would like to invite the audience to participate in a discussion around the organizational and managerial implications of open innovation for practice. This could be especially interesting to discuss in the Chalmers context where several efforts have been made to increase collaboration and innovation across organizational boundaries, but we still need to further our knowledge of how to support and manage such initiatives.
Source: http://www.chalmers.se/en/departments/tme/calendar/Pages/Open-innovation-seminar.aspx
Part One of Entrepreneurship Lecture Notes on Students Enterprise Club at www.studentsenterpriseclub.com.
This is a Study guide for intending Entrepreneurs.
This module explores the concept of entrepreneurial mind sets, developing entrepreneurial thinking, finding inspiration and discovering the benefits of creative thinking
Introduction to Entrepreneurship v3, 1st editionJorge Saguinsin
This is the latest updated edited version 3 of my introduction of Introduction to Entrepreneurship. It the most comprehensive of my lecture into the said subject. It is the result of 13 years of teaching and research on the said subject. More than 100 slides and 30 mb. Watch out for my new presentation on government entrepreneurship and entrepreneurial capitalism
Types of Inventions; Difference between invention and innovation; Types of innovation; Innovation process vs Process innovation; Linear innovation models.. Technology push model, Market pull model; Flexible innovation process models
The paper focus on entrepreneur skill through business education program to curb restiveness for
sustainable development. Need for entrepreneur skills acquisition were identified, business education program
and functions of entrepreneur were identified and sorted out as the types of entrepreneur in our present society.
Conclusion was drawn which include effort towards creating good initiatives in order to develop our dear
societies as it become the focus in 21st century. Therefore parents and business society should emulate a kind of
economy strategies like China, Germany, and America etc. in order to provide means of surviving strategies
among individuals in the entire nation.
Entrepreneurship Development - IntroductionSOMASUNDARAM T
Introduction to Entrepreneur; Entrepreneurship and Enterprise; Importance and relevance of the entrepreneur; Factors influencing entrepreneurship; Pros and Cons of being an entrepreneur; Women entrepreneur; problems and promotion (SHGs); Types of Entrepreneurs; Characteristics of a successful entrepreneur; Competency requirement for entrepreneurs; Awareness of self-competence.
Entrepreneurship Development - IntroductionSOMASUNDARAM T
Introduction to Entrepreneur;
Entrepreneurship and Enterprise;
Importance and relevance of the
Entrepreneur; Factors influencing
Entrepreneurship; Pros and Cons of
being an Entrepreneur; Women
Entrepreneur; Problems and promotion
(SHGs); Types of Entrepreneurs;
Characteristics of a successful
Entrepreneur; Competency requirement
for Entrepreneurs; Awareness of Self –
Competency
982016 University of Phoenix Managing Innovation and Entrep.docxransayo
9/8/2016 University of Phoenix: Managing Innovation and Entrepreneurship
https://phoenix.vitalsource.com/#/books/9781483322667/cfi/6/32!/4/2/[email protected]:0 1/8
forms such as private sector entrepreneurship, CE, public sector entrepreneurship (governpreneurship), and social
entrepreneurship.
The Historic Development of Entrepreneurship
One of the first to be looked at as an entrepreneur was Marco Polo, who tried to set up trade routes to the Far
East (Hisrich, Peters, and Shepherd, 2012). In the Middle Ages, the term entrepreneur was associated with an actor
and an individual who managed large production projects—for example, an individual who manages architectural
works such as castles, public buildings, or cathedrals. In major projects, the individual did not take risk but rather
he/she managed the project utilizing the resources that the government usually provided. In the 17th century, an
entrepreneur was an individual who entered into a contractual arrangement with the government to carry out a service
or provide acquired products—for example, John Law, a Frenchman, was allowed to establish a royal bank. One of
the earliest definitions of entrepreneurship was that of Richard Cantillion (1755), an economist, who described the
entrepreneur as a rational decision maker who assumed the risk and provided management for the firm. He was the
first to acknowledge that there is an entrepreneurial function within the economic system. In the 18th century, the
entrepreneur was differentiated from what is today known as the venture capitalist. This differentiation was made
because of industrialization. In the late 19th and early 20th centuries, entrepreneurship began to develop theoretically.
In the 20th century, Joseph Schumpeter, an economist, made a significant contribution to the theoretical development
of entrepreneurship. At that time, entrepreneurs were mostly viewed from an economic perspective. In the middle of
the 20th century, the idea that entrepreneurs were innovators was established. Since then, innovation and newness is a
fundamental aspect of entrepreneurship.
Historically, the term entrepreneurship has referred to an individual who takes on the risk of turning their vision
into a successful business enterprise. Some definitions focus on entrepreneurship as the creation of new organizations,
while others focus on wealth creation and ownership. This recognizes other forms of ownership—for example,
franchising, corporate venturing, management takeover, and family business. Some have adopted the opportunity
based view and suggested that entrepreneurship is about the discovery and exploitation of profitable market
opportunities.
Over the past four decades, entrepreneurship has extended beyond individual’s efforts to follow their vision to
include entrepreneurship within existing corporations. This has been referred to as CE as well as previously intra
corporate entrepreneurship, corp.
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5. Entrepreneur
What is an Entrepreneur?
The term «Entrepreneur» began to be used in the early
18th century and is applied to individuals who discover
and/or create opportunities and then manage resources
and bear risks to take advantage of them.
6. Famous Entrepreneurs
Thomas Alva Edison amongst many other
contributions, developed electric power-generation
technology and created the General Electric
Company in 1892.
7. Famous Entrepreneurs
Chief Executive Officer of Facebook, Mark
Zuckerburg, was 20 years old when he founded
Facebook and now he is the youngest billionaire in the
world.
“Some kids played computer games. Mark created
them”. – Writer, Jose Antonio Vargas.
8. Famous Entrepreneurs
Steve Forbes was a student in Princeton when he first
started the «Business Magazine» in 1968. Now Business
Magazine has over a 6 million readers and Forbes’
current net worth is around 430 million dollars.
9. Famous Entrepreneurs
Mary Kay Ash founded Mary Cay Cosmetics Inc. in
1968 initially only selling five products. She
achieved to be one of the biggest marketing and
cosmetics companies in the male dominated
business world.
11. The Entrepreneur
seeks out difficulties, changes in order to
change, delights in ventures.
attains an extraordinary ability to work
extremely hard and takes risks.
possesses an innate and creative business
vision.
12. Schumpeter’s Models
Mark I Model: Creative destruction is driven by
the entrepreneurial task of «breaking up old, and
creating new tradition.»
Mark II Model: Entrepreneurship occurs in large
firms as well as newly created firms, reflecting
the changing industrial realities as formally
organized. It is an organizational process by which
opportunities are sought, developed, and
exploited in many different kinds of companies.
13. Video: Am I an Entrepreneur?
http://www.youtube.com/watch?v=0JaPaeFY
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14. Innovation and Its Types
Simple definition of innovation:
ideas successfully applied.
15. Innovation is…
what happens when new thinking is successfully
introduced and valued by organizations.
the arena where creation and application of new
ideas are formally organized and managed.
the theatre where the excitement of
experimentation and learning meets
organizational realities of limited budgets,
established routines, disputed priorities, and
constrained imaginations.
16. Main Types of Innovation
Innovation
Product
Innovation
Marketing
Innovation
Organizational
Innovaton
Process
Innovation
19. Process Innovation
Improvements of the production or delivery method.
In the 1980’s this model of innovation came to the fore
driven primarily by the remarkable success of Japanese
auto manufacturers, which were twice as efficient as
their international competitors.
Japan «Lean
production» contrast
with the mass
production techniques
West Mass Production,
typfied by Henry Ford is
based on assembly lines
producing standardized
products
20. Marketing Innovation
Marketing innovation is the implementation of new
marketing methods.
By the 1990’s Roy Rothwell began to identify a number
of changes occurring in strategy firms, which were
using innovation and technologies to support
themselves. The innovation strategies were highly
integrated with its partners including «lead customers»
demanding users, and co-developers. Rothwell called
this the «strategic integration and networking» model
of innovation.