This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: Jeopardising competitiveness in existing products service and process markets Fail to recognise the need to review and reconsider Fail to know when to give up Fail! Entrepreneur led Economic Change and Development : Entrepreneurial insight Lateral thinking Entrepreneurial Potential Discontinuous Innovation Economic development through creative destruction BuT, Everything depends upon step 1: Entrepreneurial insight and lateral thinking Generating the ideas and inventions that underpin discontinuous innovation Imagining concepts that do not follow logically or developmentally from existing products, services or processes. Lateral thinking to make lateral jumps: The ability to think sideways The ability to recognise and suspend implicit assumptions The ability to relax our self imposed rules and constraints...
View Full Document
This note was uploaded on 02/10/2012 for the course MGT 3360 taught by Professor Staff during the Spring '08 term at Texas State.
- Spring '08