Innovation generally refers to renewing‚ changing or creating more effective processes‚ products or ways of doing things. Innovation in your business means doing something new‚ different‚ smarter or better that will make a positive difference. Innovation can be a catalyst for the growth and success of your business‚ and help you adapt and grow in the marketplace. Being innovative does not mean inventing; innovation can mean changing your business model and adapting to changes in your environment
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PROMISE OF ENTREPRENEURSHIP AS A FIELD OF RESEARCH 1.0 Introduction To date‚ the phenomenon of entrepreneurship has lacked a conceptual framework. A research has been conducted in the difference social science disciplines and applied fields of business to create a conceptual framework for entrepreneurship. 2.0 Definition of Entrepreneurship Entrepreneurship is defined solely by the researchers in terms of who the entrepreneur is and what he or she does. The study of entrepreneurship must involve
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Entrepreneurship: Entrepreneurship is the attempt to create value through recognition of business opportunity‚ the management of risk taking appropriate to the opportunity and through the communicative and management skills to mobilize human financial and material resources necessary to bring a project to fruition. According to A. H. Cole‚ "Entrepreneurship is activity of an individual‚ undertaken to initiate‚ maintain or aggrandize profit by production or distribution of economic goods and services
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. “Entrepreneurship is a force of creative destruction whereby established way of doing things are destroyed by the creation of new and better way to get things done” Explain your views. Answer: The process whereby old sources of competitive advantage are destroyed and replaced with new ones is referred to as creative destruction. Entrepreneurship by its very nature makes old knowledge redundant and introduces new knowledge
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* 4 major parts of corporate entrepreneurship. 1- New business venturing ( corporate venturing) Corporate venturing refers to the creation of a new business within an existing organization. Business dictionary defined corporate venturing as the practice where a large firm takes an equity stake in a small but innovative or specialist firm‚ to which it may also provide management and marketing expertise. Specifically‚ corporate venturing emphasized an internal capital resources‚ proprietary knowledge
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Abstract: Entrepreneurship is the future of the modern society. They are the driving forces behind Indian economy. Entrepreneurs are people who come out with an new ideas ‚ innovations ‚ do things‚ which are not generally done in the ordinary course of a business. Empowerment of women entrepreneur is an new mantra for development of economy. The present paper focuses mainly women entrepreneur ‚they still represent a minority of all entrepreneurs. It is observed that women entrepreneur networks
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Role of Training in Women Entrepreneurship Shikha Arora Email: shikha0211@gmail.com Key words: Training ‚ Analysis‚ Case Study ‚ Porter’s five forces framework ‚ PESTLE Analysis ‚ Support system ‚ Key Challenges ‚Current trends and road ahead. Abstract: This study involves the origin of Women Entrepreneurship‚ its present state and its scope in the future. Existence of Women Entrepreneurship has shown a number of challenges faced by different class of women in India on the way of
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ENTREPRENEURSHIP EDUCATORS’ ASSOCIATION OF THE PHILIPPINES‚ INC. (ENEDA) “Making a difference… differently” Official Address for SY2010-2011: SMEDI‚ Ateneo de Naga University Ateneo Avenue‚ Bagumbayan Sur‚ 4400 Naga City‚ Philippines Tel No. + 63 (054) 472-23-68 loc 2218/Email: epbernal2008@yahoo.com EXECUTIVE OFFICERS & BOARD OF DIRECTORS SY 2010-2011 President Dr. Edwin P. Bernal Ateneo De Naga University epbernal2008@yahoo.com epbernal@adnu.edu.ph Vice President Prof. Asuncion Nazario St. Louis
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suggest that the “American Dream” is not attainable for all. But to me the term “American Dream” stays unchanged: all people can succeed through hard work‚ and all people have the potential to live happy and successful lives. And in my mind‚ the entrepreneurship is one of the most famous way to achieve this “American Dream”. Steven BUYERS who is the founder and owner of EnergyLogic –a fast-growing company in Northern Colorado‚ appears to me as a very good example of this “American Dream” which is about
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Entrepreneurship‚ Innovation and Economic Development “‘Discuss the relationship between entrepreneurship‚ innovation and economic development. What role do creativity and problem solving play in this relationship?” In today’s world‚ entrepreneurship and innovation are becoming increasingly crucial as drivers of the economy‚ especially so in the developing economies where trade plays a major part in generating revenue. In China‚ small-and medium-sized enterprises (SMEs) account for almost
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