According to a Harvard Business
School professor of Business Administration Tom Eisenmann, the term entrepreneurship is elastic and can mean
anything from venture capital-backed startups to any small business. According to the Professor
Howard Stevenson, the godfather of entrepreneurship studies at HBS,
“entrepreneurship is the pursuit of opportunity beyond resources
controlled”. Dr. Eisenmann argues
that this definition works in practice, since entrepreneurship is seen
as a distinctive approach to managing rather than a specific stage in an
organization's life cycle (i.e., startup). Secondly, it has, and allows a
specific role for an individual (i.e., founder), or a constellation of
personality attributes (e.g., predisposition for risk taking; preference for
independence). Therefor, entrepreneurs can be found in many different types of
organizations, including large corporations. This is great news and affirms
that entrepreneurship can be an engine of global economic development and a
force for positive change in society. If the definition is put into other
words, it could be said that an entrepreneur must be inventive, creative, opportunistic,
and persuasive, because one rarely has enough resources.
(source: Harvard Business
Review, http://blogs.hbr.org/hbsfaculty/2013/01/what-is-entrepreneurship.html)
Intrapreneurship
Definition by www.businessdictionary.com
Practice
of entrepreneurship
in an established firm. Intrapreneurship applies
the 'start up' style
of management
(characterized by flexibility,
innovation,
and risk taking)
to a secure
and stable
firm. The objective
is to fast track product
development (by circumventing the bureaucracy)
to take advantage
of a new opportunity
or to assess feasibility of a new process
or design.
Start-ups are a hot new term and they seem to have a close link with
intrapreneurship. and the leading papers, such as Helsingin Sanomat, regularly
publish articles and news about them and their events. On March 20, 2013, the
paper published an article about the annual start-up conference and fair SXSW
in Austin, Texas.
The media follows closely the Finnish start-up hatcheries. One of them,
the major one, is located in Aalto University. The campus hosts Aaltoes, a Aalto University Entrepreneurship Society, which
is the largest entrepreurship society in Europe. It revolves mostly around
start-ups (which are serial entrepreneurships), which generally refers to
high-tech, high-growth and scalable or other technology-related start-ups.
According to them, ”community is a key to serendipity” (http://aaltoes.com/about-us/). Aaltoes has
a lofty objective of being Aaltoes' goal is that Finland will be the startup hub
of Europe and Russia by 2017. Aaltoes was founded in 2009. The founders of
Aaltoes wanted talented people to embrace entrepreneurship and view it as a way
to create something new and radical.
On Aaltoes home page, I followed the link to their Twitter hashtag #aaltoes,
and there was a Tweet about 10 SXSW 2013 Lessons to Apply in Business:
There seems to be a lot
going on as a new wave of entrepreneurship.
Can intrapreneurship be
taught? Definitely, I think, but not effectively in a traditional classroom
setting. I referred above to the Aalto University Entrepreneurship Society, who
are doing Start-Up Sauna, recruiting start-up trainees to the Silicon Valley,
conducting events and so on. One could also attend events like SXSW. And all
this is definitely vocational.
C) What kind of effect would the
development of Intrapreneurial skills have on me as a teacher? Person?
If I could apply the
above-mentioned qualities of an (ideal) entrepreneur or intrapreneur, meaning
being inventive,
creative, opportunistic, and persuasive, these qualities quite well define the
prototype of a new-generation person, whether you aim towards entrepreneurship
or not. Life is shifting very rapidly, there is not much solid ground
underneath. The society with its eroding global economics make sure that this
doesn’t happen. You just cannot stick with what you learned or were taught, but
just like with iVET, you need to find out stuff and learn by yourself, dig
deeper, make many detours, extract and merge impressions, ideas, gut reactions,
great lessons, and your life experiences to be “on the nerve of time”.
The teacher must follow the time and should be in the front line of
knowledge, skills, and creativity. As the trend is, the teacher is the
facilitator and the one who walks beside the learner rather than the one who
pours information into student’s brain. The reality is that one teacher cannot
know everything, but should be aware of what’s going on around him.
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