innovation and entrepreneurship wmg, warwick
DESCRIPTION
TRANSCRIPT
“An entrepreneur is a person who iswilling and able to convert a newidea or invention into a successfulinnovation, simultaneously creatingnew products and business modelslargely responsible for the dynamismof industries and long-run economicgrowth.”Joseph A. Schumpeter
“ Most of what you hear aboutentrepreneurship is all wrong. It’snot magic; it’s not mysterious; and ithas nothing to do with genes. It’s adiscipline and, like any discipline, itcan be learned.”Peter F. Drucker
Universities need to FocusHigh Growth Enterprises
WMG Entrepreneurship Course
The dominant teaching model
Heroic HeartNew Venture and Growth Arms
Sprinkling of Behaviour Support
Rational, Reductive, Objective, CorporateInfo processing
Business (Myopia) Focus
Business Plan Gut
Instructional Explicit Knowledge Indigestion
Small (independent) Business Leg
Corporate Venturing Leg
Project Management
Functional Arms
Ref: Prof. Allan Gibbs
A Model for Entrepreneurship Teaching?
Vision and Feel for ‘way of life’
Conative Affective Learning
Trust Building relationship arm
Entrepreneurial Organisation design and development
Project Management Complex globalised world
Rich Growth in Entrepreneurial attributes
Emotional Intelligence
Capacity for Experiential (Tacit) Learning
Holistic Management Arm (Know How!)
Ideas Harvesting and Evaluation
Entrepreneurship Values
Strategically Intuitive
Entrepreneurial Management in different contexts
Ref: Prof. Allan Gibbs
WMG- MSc in Innovation and Entrepreneurship
Customers Worldwide
Traits Skills
Adaptable to situations
Alert to social environment
Ambitious and achievement-oriented
Assertive
Cooperative
Decisive
Dependable
Dominant (desire to influence others)
Energetic (high activity level)
Persistent
Self-confident
Tolerant of stress
Willing to assume responsibility
Clever (intelligent)
Conceptually skilled
Creative
Diplomatic and tactful
Fluent in speaking
Knowledgeable about group task
Organized (administrative ability)
Persuasive
Socially skilled
Tools to Aid Entrepreneurship Teaching
• E-learning– Curatr – rich social learning by gaming
environment developed by WMG Doctorate Student.
- Udemy – rich online learning system
Experiential Learning!
Support for the start up!50 Start-ups in 10 years
Examples
Thank You