Download presentation
Presentation is loading. Please wait.
Published byElwin Powers Modified over 6 years ago
1
Entrepreneurship and Design Thinking 2 Entrepreneurship
MBA elective module HWR Berlin - June and July 2017 Entrepreneurship and Design Thinking 2 Entrepreneurship © Robert Jones 2017
2
Objectives: Definitions of Entrepreneurship
Importance of Entrepreneurs Characteristics Case studies In part 2: Economic significance International comparisons of entrepreneurship Demographic – age, gender, national differences
3
What is an Entrepreneur?
Characteristics Attributes, behaviours, qualities Discuss
10
Joseph Schumpeter The father of entrepreneurship and innovation
Entrepreneurs ….. Discontinuous and revolutionary change as the core of economic development The Theory of Economic Development (1912) Innovation ……. “gales of creative destruction” Capitalism, Socialism and Democracy (1942) Unternehmergeist wild spirit
11
And workbased learning
Locating Entrepreneurship as a Subject David Rae, 2007 Enterprise in Society Business Management Creativity New ideas Future possibilities Enterprise Management New small business, Business growth Entrepreneurship Innovation Problem solving IP Education And workbased learning Emerging forms of Entrepreneurship
12
Triadic model of entrepreneurial learning
Entrepreneurial Learning - a Narrative-based Conceptual Model, David Rae, Journal of Small Business and Enterprise Development, 2005
13
Why are entrepreneurs important?
Your own opinions please!
14
Why are entrepreneurs important?
Entrepreneurs often innovate: New ideas Innovations New methods, processes New products New uses New markets New business models
16
Entrepreneurial types – there is no one simple description
Soloist Key partner Grouper Professional Inventor-researcher High tech Work force builder Inveterate initiator Concept multiplier Acquirer Speculator Turn-about artist Value manipulator Lifestyle entrepreneur Committed manager Conglomerator Capital aggregator Matriarch or patriarch Going public Alternative entrepreneur Stokes & Wilson (2010) Small Business Management and Entrepreneurship based on Gray D (1989)
17
Entrepreneurial types – there is no one simple description
Soloist Key partner with partner in background Grouper with others, on equal basis Professional accountants, solicitors, doctors etc Inventor-researcher High tech Cambridge is full of these! Work force builder Inveterate initiator serial entrepreneur Concept multiplier starts a franchise system Acquirer Speculator Turn-about artist company doctor Value manipulator Lifestyle entrepreneur Committed manager Conglomerator Capital aggregator Matriarch or patriarch head of family business Going public ipo, AIM, very Cambridge! Alternative entrepreneur Stokes & Wilson (2010) Small Business Management and Entrepreneurship, based on Gray D (1989) What is missing?
18
Are small business owner-managers entrepreneurs?
Types of small business person Owner Managers or entrepreneurs? (based on Stokes, Wilson & Mador 2010) 1 Craftsman owner manager carpenter, plumber, hairdresser, glazier, baker, butcher, shopkeeper 2 Promoter entrepreneur “wheeler dealer”, starts, grows and often sells businesses 3 Professional manager builds a “little big business” accountant, lawyer, doctor, dentist
19
Our family names often come from jobs that our ancestors did:
Mr Carpenter, Mrs Baker, Mr Butcher, Mrs Thatcher
23
Some examples of entrepreneurs
26
Richard Branson – Virgin group
His tests for a new business start-up: Value for money Best quality Innovative Challenging Cheeky and Fun Employees before customers before shareholders Very strong personal perspectives on business
27
Do entrepreneurs always innovate?
33
What does the incumbent (British Airways) do with these new entrants?
This is classic competition theory – Michael Porter
35
Barbara Cassani on risk
36
Entrepreneurs and Leaders
Are entrepreneurs leaders? Are leaders entrepreneurs? Discuss
37
ttp://
38
Is profit the only motivation for entrepreneurs?
40
Tim Smit and The Eden Centre
41
Charles Handy The New Alchemists 29 stories about entrepreneurs, nice narratives, not academic. (an alchemist tried to turn lead into gold)
42
What makes an entrepreneur?
Is an entrepreneur born or made? Nature or nurture? Can you learn to be an entrepreneur? Why are we here? Good questions!
43
Locus of Control Shapero, Albert The Displaced, Uncomfortable Entrepreneur Psychology Today, Vol. 9, Issue 6, p We are external people or internal people
44
The dark side of entrepreneurship
Manfred Kets de Vries The Dark Side of Leadership: What Drives People to Become Leaders? By Manfred Kets de Vries (1997) The Antidote, 1997, #6, pp.11-13 The Dark Side of Entrepreneurship Manfred F. R. Kets de Vries Harvard Business Review, November 1985 BBC Radio 4 “The Entrepreneur’s Wound”
45
Outcomes and Take aways:
Definitions of Entrepreneurship Importance of Entrepreneurs Characteristics of Entrepreneurs
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.