Innovation and Entrepreneurship in Developing Organizations Essay

Innovation and Entrepreneurship in Developing Organizations Essay

Length: 2047 words (5.8 double-spaced pages)

Rating: Term Papers

Open Document

Essay Preview

“Entrepreneurship is the process of creating or seizing an opportunity and pursuing it regardless of the resources currently controlled “(Bygrave 1989)
The purpose of this paper is to identify the effects an intrapreneur might affect the development of an organisation and examine the affects which barriers might affect them in intrapreunship in an organisation. The areas what will be investigated and discussed will be
• Corporate venturing
• Intrapreneurs
• Entrepreneurial management
• Innovation
Entrepreneurship is considered an individual or organisational level behavioural phenomenon, or a process of emergence (Gartner et al 1992). Entrepreneurs can be described as a person who has possession of enterprise or venture and will take risks to seize an opportunity if it exists within an organisation. An entrepreneur is usually the owner and operator of a business which places more expectation on financial profit and other rewards a business may generate.
Intrapreneurs can be described as a process by which individuals inside organisations pursue opportunities independent of the resources they currently control (Stevenson and Jarillo 1990).intrapeuring as first exposed by pichot(1985) is an attempt to take the mindset and behaviours that external use to create and build business and bring these characteristics to bear inside an existing corporate setting. Small business need to be innovative as they need to prosper and survive in their chosen markets and without innovation they can go stale and not survive. Large organisations which can be termed as corporate Entrepreneurship and can be associated with companies such as IBM who require Intrapreneurs to create change within their organisation. The main difference between an...


... middle of paper ...


... al (1992)
Gifford Pinchot – (1987)Published in Research Management March-April 1987, Volume XXX No.2
Gifford Pinchot (1985) intrapaneuring, Harper&Row, New York,NY
Jones-Evans, D., Carter, S. (2006) Enterprise and Small Business: Principles, Practice and Policy with the Definitive Business Plan , 2nd Edition FT Prentice Hall. Pp 279-280



Pearce, JA Kramer, T.R Journal of Business Venturing, Vol 12 no 2 pp. 147-60.
Stopford J. and Baden-Fuller C.W.(1993) “creating corporate entrepreneurship”
Stevenson and Jarillo (1990)
Thornberry teaching Managers to be entrepreneurs (2004)

http://www.3m.com/us/office/postit/pastpresent/history_ws.html
http://www.bp.com/sectiongenericarticle.do?categoryId=9025020&contentId=7046595
http://www.ryanair.com/site/EN/about.php?page=About
http://www.startups.co.uk/6678842909327752824/what-is-corporate-venturing.html

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay about Innovation and Entrepreneurship in the Global Economy

- Innovation and Entrepreneurship in the Global Economy Introduction The Oxford Handbook of Innovation describes innovation as the putting into practice of inventions. Innovation can include new or breakthrough techniques which may relate to a product, technology or organizations. With innovation techniques and ideas it would help us to manage business in new effective ways. The different types of innovation related to a product, processes, ideas or technology etc. are: • Breakthrough: Taking the example of iPhone which a new innovative product when it was first launched....   [tags: american management, innovation]

Term Papers
867 words (2.5 pages)

Essay on Innovation : Creativity And Innovation

- SCAN FOR GROWTH OPPORTUNITIES In new venture creation, creativity and innovation should be ingrained in how the business operates. Creativity is not a gift of birth; it is a mixture of inherited talent, cultivated skill and knowing what to see at the right time. Creativity is the ability to see what’s there and not there differently, where innovation introduces an entirely new idea or method that stem from creativity. Creativity is the process of creating something new from the reflection of an existing solution....   [tags: Creativity, Innovation, Problem solving]

Term Papers
1838 words (5.3 pages)

Entrepreneurship And How It Affects The Economy Essay

- Rough Draft Entrepreneurship and how it affects the economy Entrepreneurship is great for the economic growth of one country. The numbers of entrepreneurs in one country have a correlation of the wealth of the country as it generates cash flow and creates jobs opportunity it also increase competition in the market. All this benefits the economy of the country and is the essence of capitalism. Entrepreneurs are responsible for a huge part of the small business sector and the small business sector is a huge industry by itself....   [tags: Entrepreneurship, Venture capital, Business]

Term Papers
1050 words (3 pages)

Resoruce Based View of Social Entrepreneurship Essay

- The emerging field of social entrepreneurship calls for a need for new integrated theories to contribute to the discipline and help grow the field. Social Entrepreneurship has been a topic of academic interest for the past few decades; however, there has been little scholarly output in mainstream journals (Short, Moss, & Lumpkin 2009). Social entrepreneurship is commonly defined as “entrepreneurial activity with an embedded social purpose” (Austin et al. 2006). Social entrepreneurs play a role of change agents in society by adopting missions to create and sustain social value....   [tags: social impact, social entrepreneurship]

Term Papers
1552 words (4.4 pages)

Essay on Innovation Between A Leader And Follower

- The late Steve Jobs once said that “Innovation distinguishes between a leader and follower.” There are many reasons why businesses must innovate to survive. Although every organization will have its own priorities, business that choose to not innovate not only lose to their competitors but also risk going out of business. Innovation can be the key factor that differentiations a successful business and unsuccessful one. The main purpose of innovation is not about thinking of new products, rather it involves thinking of new processes of the business to help increase profit and revenue....   [tags: Innovation, Management, Marketing]

Term Papers
730 words (2.1 pages)

Essay on The Emerging Field of Social Entrepreneurship

- Introduction: The emerging field of social entrepreneurship calls for a need for new integrated theories to contribute to the discipline and help grow the field. Social Entrepreneurship has been a topic of academic interest for the past few decades; however there has been little scholarly output in mainstream journals (Short, Moss, & Lumpkin 2009).Social entrepreneurship is commonly defined as “entrepreneurial activity with an embedded social purpose” (Austin et al. 2006). Social entrepreneurs play a role of change agents in society by adopting missions to create and sustain social value....   [tags: continuous innovation, adaptation & learning]

Term Papers
1532 words (4.4 pages)

The Entrepreneurship Of Emerging Economy Essay

- Distinctiveness of entrepreneurship in emerging economy Among limited numbers of research on emerging economy entrepreneurship, some have provided the framework of identifying the distinctiveness of entrepreneurship in emerging economy including the uniqueness of venture formation, finance source, human capital. Lingelbach, Vina, and Asel (2005) identified three key distinctions of entrepreneurship in developing countries including opportunity, financial resources, and apprenticeship and human resources....   [tags: Investment, Economics, Developed country]

Term Papers
1668 words (4.8 pages)

Essay on Affordable, Quality Education for Developing Countries

- ... Mark Epstein and Kristi Yuthas, of the Stanford Social Innovation Review, also argue that the Western model of education utilized in developing nations, leave students ill-prepared for dealing with the realities of their situations (2012). In many poor countries, there is a lack of formal employment and institutes of higher learning. Most students will return to their homes and support themselves and their families with subsistence-level farming (Epstein & Yuthas, Winter 2012). The Western emphasis on academic skills does not help further the situation of many students....   [tags: school, learning, economic, development]

Term Papers
866 words (2.5 pages)

Servant Leadership, Entrepreneurship, And Innovation Essay

- Business and business success are mandated by various forces in a marketplace. There is a field of study that explores why businesses succeed and others do not. Research has shown that the same dynamics are responsible for businesses grabbing and keeping a share of the marketplace. I have researched three separate forces that seem to be most important in the business world these forces are servant leadership, entrepreneurship, and innovation. I have chosen a separate article for each of the three that highlight and explain its effect in the business world....   [tags: Entrepreneurship, Management, Leadership]

Term Papers
1564 words (4.5 pages)

Developing Strategies For Foster Innovation And Entreprenuership For Small Business Enterprise

- National Diploma in Business Develop strategies to foster innovation and entreprenuership for small Business enterprise US 6156 Level 7 Credits 10 Student Assessment Guide Student name Jasvir Singh Type of Assessment: Assignment Entreprenuer- Kim Evan Company- Little And Friday Café. Introduction Little and Friday café is located in takapuna and it small branch in new market as well as they open before it become famous only on Friday just for the small hours but after getting food in more demand they start open other days as well and now it open all 7 days early in the morning and close at 6pm....   [tags: Entrepreneurship, Entrepreneur, Risk]

Term Papers
6142 words (17.5 pages)