lecture_5_The individual in the entrepreneurial company_rec_comp1 (1).pptx

Lecture_5_The individual in the entrepreneurial company_rec_comp1 (1).pptx

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ENTR 3312 Lecture 5
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THE INDIVIDUAL IN THE ENTREPRENEURIAL COMPANY Section 5a
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Risk-taking Individual level & Organization level Financial Technical Market Personal Social The Dimensions of Entrepreneurship
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The Dimensions of Entrepreneurship The Arenas in Which People Are Creative at Work: Idea Creativity Material Creativity Organization Creativity Relationship Creativity Event Creativity Inner Creativity Spontaneous Creativity
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The Dimensions of Entrepreneurship Three components of successful creativity in organizations: Expertise Motivation Creative thinking skills
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The Creative Process And all-encompassing five-stage approach Preparation stage Frustration stage Incubation stage Illumination stage Elaboration stage
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The Creative Blocks “The right answer” “That’s not logical” “Be practical” “Follow the rules” “Avoid “To err is wrong” “Play is frivolous” “That’s not my area” “Don’t be foolish” “I’m not creative” The creative blocks:
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The Creative Blocks These creative blocks originate from three sources in the realm of corporate entrepreneurship Employees impose the blocks on themselves based on their own perceptions Fellow employees impose them on their co-workers The workplace itself is a source of blocks
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The Corporate Entrepreneur Corporate entrepreneurs: are not necessarily the inventors of new products, services, or processes turn ideas or prototypes into profitable realities are drivers behind the implementation of innovative concepts are team builders are ordinary people who do extraordinary things
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  • Fall '08
  • ORTEGA

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