vocoli.com Innovation can arise from four areas within a company, and from three areas external to a company (Drucker, 2002). Methodological analysis is important to identify opportunities and realise where innovation may stem from, however it is required to execute and take a leap in a chosen direction, despite the risk involved in doing so. …
The Schumpeterian Entrepreneur — Block — 2016
Literature review article on innovative entrepreneurship and economic development – spotting innovative entrepreneurs. What are the antecedents, behaviour, strategy, outcomes and consequences of innovative entrepreneurs for innovative entrepreneurship? Entrepreneurs impact on job creation, healthy competition, economic growth, promotion of an inclusive society and innovation. Policies developed to promote entrepreneurship – education, finance, business transfer facilities, …
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Notes on a Perspective on Entrepreneurship by H.H. Stevenson — 1983
iedunote.com Good opportunity must be feasible and profitable. Entrepreneur must decide business strategy, the resources required, the costs of resources and the value left for the entrepreneur. A new venture must offer products or services that can profitably meet the needs of the markets it attempts to serve. Entrepreneurs usually desire freedom, independence, and wealth. …
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Notes on Discipline of Innovation by Peter F. Drucker — 2002
These are summary notes on Discipline of Innovation by Peter F. Drucker. The article was instrumental in defining how innovation can arise within and outside a firm’s environment. From Ideadrop.co Innovation is a function of inspiration and hard work. Inspiration is related to hiring the correct people whereas hard work involves effective management. Innovation is …
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Learn Arabic with Danial Farooq New Series Episode One
Hello, if you are looking to learn Arabic you have come to the right place. I am excited to announce the launch of a new podcast where we go through simple Arabic dialogues from the book Bayna Yadayk to help you practice your listening skills. The first episode focuses on meetings and introductions. I would …
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Should Social Media be Censored?
https://www.youtube.com/watch?v=Sa5Kz_pZ7qI&t=8s Youtube video debating at the Oxford Union whether social media should be censored by Danial Farooq Social media needs censorship, and any one who claims that this oppresses our freedom of expression needs to realise that the idea of freedom of expression is flawed in theory and politicised in practice. It is impossible to …
Plan A hardly leads to success. Nor does plan B.
https://www.instagram.com/p/B_InT20lfQD/?utm_source=ig_web_copy_link Fail fast and cheap. So if we are planning for our next side hustle or for a project, preliminary analysis is important to begin with. But long elaborate detailed business plans are becoming a thing of the past. Great start-ups are lean, and respond quickly to feedback. It's impossible to know everything to begin …
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Whatever Happens, Don’t Give Up!
https://www.instagram.com/p/B_DghmNlYyk/?utm_source=ig_web_copy_link Sometimes when faced with a lot of work or when we face a big challenge with a project we are working in, it is easy to start thinking about taking the easier option. It is easy for us to forget about our long term goals, our wider ambitions, our strong motivation to help society around …
Self-reflection during Lockdown
https://www.instagram.com/p/B-21OAUlrRu/ Last time I talked about the importance of planning our days to help productivity. But what if we lack the motivation? Something that is important is reflection! We must really use this time now to self reflect. It was really easy before to go through our daily motions, from assignment to assignment at university …
Increase Lockdown Productivity
https://www.instagram.com/p/B-xob5EFXxD/?utm_source=ig_web_copy_link During ordinary times, our commute in the mornings, our trip to the cafe for lunch, coming back home in the evenings and perhaps organised evening classses etc, form natural breaks for us and divide our day. This allows us to be productive and gives our day structure. Our day is firmly split by these …
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