Innovation And Entrepreneurship In Global Economy

GANDHI ANUGRAH 1301067123 STEVEN MARHEINZ 140

23/01/2014

Seminar Entrepreneurship

Innovation and Entrepreneurship Defined

23/01/2014

Seminar Entrepreneurship

Message From The Journal

Innovations means creating something radical, something new or revolutionary Innovations is one of tools for entrepreneur in order to lead the market Systematic innovations comes from purposeful and organized search for changes Sometimes innovation came from something unplanned Innovations comes from accidental activities Innovation in business > Adapting to changes of business landscape
23/01/2014 Seminar Entrepreneurship

Message From The Journal (2)

Not every entrepreneurial business is innovative Not every small business define as entrepreneurial or represents entrepreneurship Entrepreneur always seen change as standrad Peter Drucker

23/01/2014

Seminar Entrepreneurship

Conclussion
Entrepreneurs are related to innovations, but being entrepreneur isnt always came with innovations, you can start your new business in the existing field. Innovations drive entrepreneur made a new way of business, and need an extra risk taking.

23/01/2014

Seminar Entrepreneurship

Critics For The Journal

Theoritically
The theory seems easy as it looks, but innovation is something you can ever talks only in concept level, but it should be implement.

Implementation
The journal just didnt give a whole information about the process of being an innovator.

Suggestion
There are certain rules that should be done for you to whether to be a good entrepreneur nor innovator
23/01/2014 Seminar Entrepreneurship

Innovation And Entrepreneurs in 1980s

23/01/2014

Seminar Entrepreneurship

Message From The Journal

American heavy industry are losing their ground for few decades The heavy industry shouldve transform into many ways because of emergence of innovations Deregulating force people to came up with new ideas and stimulate innovation in the mid 80s Change becoming unavoidable in the mid 80s
23/01/2014 Seminar Entrepreneurship

Message From The Journal (2)

There are certain way to emphasize the connection between entrepreneurial strategy and innovations, which is:
The strategy not mutually exclusive The strategy not always sharpnely differintiated Each strategy certain kinds of innovations and does not fit to others Each strategy require spesific behaviour on the part of entrepreneur Each strategy has its own limitations and carriers its own risks
23/01/2014 Seminar Entrepreneurship

Conclussions
In the mid 80s many american industry transformed into new ways Innovations are become unavoidable in mid 80s There are certain rules in innovations:

23/01/2014

Being the fastest with the mostest (Blackberry does) Hit them where they aint (Apple does) Entrepreneurial Judo (Honda does) Changing economic characteristic (Yahoo Does) Ecological Niche (Givun does)
Seminar Entrepreneurship

Critics For The Journal

Theoritically
The theory representing about what entrepreneurs should do in order to facing the rapid changes

Implementation
The subject is quitely timeless, it means it can be used for now even for the next century.

Suggestion
Entrepreneur shouldve different understanding of what might changes are, cuz some innovations just didnt work out, this subject is only about guidelines, the rest of it should be in entrepreneurs shoulder.
23/01/2014 Seminar Entrepreneurship