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Innovation And EntrepreneurshipIn Global Economy

GANDHI ANUGRAH

1301067123

STEVEN MARHEINZ140

23/01/2014 Seminar Entrepreneurship



23/01/2014

Innovation and Entrepreneurship Defined

Seminar Entrepreneurship



Message From The Journal

• Innovations means creating something radical,something new or revolutionary

• Innovations is one of tools for entrepreneur in order tolead the market

• Systematic innovations comes from purposeful andorganized search for changes

• Sometimes innovation came from somethingunplanned

•

Innovations comes from accidental activities• Innovation in business > Adapting to changes of

business landscape




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




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.




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 itshould 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





Innovation And Entrepreneurs in 1980’s



Message From The Journal

• American heavy industry are losing theirground for few decades

• The heavy industry should’ve transform into

many ways because of emergence ofinnovations

• Deregulating force people to came up with

new ideas and stimulate innovation in the mid80’s

• Change becoming unavoidable in the mid 80’s




Message From The Journal (2)

• There are certain way to emphasize theconnection between entrepreneurial strategy andinnovations, which is: – The strategy not mutually exclusive

– The strategy not always sharpnely differintiated

– Each strategy certain kinds of innovations and doesnot fit to others

– Each strategy require spesific behaviour on the part of

entrepreneur – Each strategy has its own limitations and carriers its

own risks




Conclussions

• In the mid 80’s many american industry

transformed into new ways

• Innovations are become unavoidable in mid 80’s

• There are certain rules in innovations:

– 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)




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 should’ve different understanding of what

might changes are, cuz some innovations just didnt workout, this subject is only about guidelines, the rest of itshould be in entrepreneurs shoulder.


innovation and entrepreneurship presentation

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