Soren Hougaard's The Business Idea: The Early Stages of Entrepreneurship PDF

By Soren Hougaard

ISBN-10: 354022663X

ISBN-13: 9783540226635

ISBN-10: 3540269592

ISBN-13: 9783540269595

Successful enterprise principles should not a lot approximately expertise as a couple of systematic technique. The enterprise concept encourages new methods of considering by way of entrepreneurship and innovation. Too many ventures originate within the options the entrepreneur has to supply and never within the challenge the buyer wishes solved. company plans performed this fashion can usually result in unhappiness. The company thought leaves in the back of this product oriented good judgment. The e-book offers new, appropriate entrepreneurship equipment for constructing inventive industry perception, for settling on home windows of chance, growing company ideas and entrepreneurial concepts for profitable industry access. Entrepreneurship is a posh and dicy strategy in comparison to virtually every thing else in company existence, so it richly merits to have its personal theoretical and methodological toolbox. The company notion presents the instruments making it of curiosity to someone who works with getting an firm off the floor or experiences entrepreneurship.

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Additional resources for The Business Idea: The Early Stages of Entrepreneurship

Sample text

As an entrepreneur an important goal for me would be: A To be financially independent B To make my own decisions C To earn a lot of money D To create an important firm E To be the one to start a whole new Industry F To gain recognition G To realise my own idea for idealistic reasons H Total /;/ Push and pull impulses ttiat migtit mal

Transferring innovation is of crucial importance to economic growth in the investment regime which is on its way to replacing the post-industrial epoch that came to an end around 2000. As an entrepreneur you are no longer tied to the innovations of the areas adjacent to you. Increasingly network technology is overcoming temporal, geographical as well as hierarchical barriers faster than before. Proximity does play a role, but it is no longer quite as crucial. Innovation as a source of creative market insight is quite tricky and can lead to fatal, faulty conclusions.

The first 18 car manufacturers in the USA accounted for 80% of total output. This concentration remained unchanged for quite some time, but, please, note the following: firstly, the number of suppliers was reduced as a result oi consolidations and bankruptcies. Secondly, other companies replaced most oi the top 20 companies. It was only when demand grew over the next decade that the top positions became fairly stable. So whereas conditions rather favoured invaders - new business ventures - they did not favour stability.

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The Business Idea: The Early Stages of Entrepreneurship by Soren Hougaard

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