This paper is based on a research process used by social anthropologists while investigating a new cultural phenomenon. It involves walking the streets, peeking around corners, observing practices, conducting indepth interviews, recording oral histories, and analyzing a rich description of a complex human process. This methodology puts the researcher much closer to realworld conditions, and sets the stage for future work. The conclusions in this paper are based on several hundred oral histories of successful business founders. The entrepreneurs include male and female business founders from various ethnic backgrounds who operate regional, national and international companies in the full spectrum of industries: manufacturing, high tech, petrochemical, transportation, wholesale, retail, service, health care, real estate, entertainment, restaurants, food service, and the arts. The companies have moved beyond the sole proprietorship stage: they are expanding operations, creating jobs, hiring employees, increasing revenue, paying taxes, and gaining market share in their industry. PREPARATION: Live on the Boundary The vast majority of the successful entrepreneurs that were interviewed have previously worked in the industry in which they started their business. Dimo Domov researched a large database of entrepreneurs and found that industry experience increases the confidence
A small community college in Ontario, Canada, entered into the international partnership market to offer its programs to a wider audience, supplement college income, and help globalize student learning.
Entrepreneurs tend to think differently, juggling different thinking styles more easily than others. They are comfortable with both linear and non-linear thinking, and both causal and effectual logic. In order to help students develop diverse entrepreneurial thinking skills, teachers must employ unique educational strategies. This article provides educators with an engaging openmarket trading card activity that was created to help students identify and overcome barriers to entrepreneurial thinking. Designed for strategy and entrepreneurship classes at the undergraduate and graduate level, this activity challenges students' mental models and sets the stage for a fruitful discussion about entrepreneurial thinking. Trading Card Activity Entrepreneurial thinking can be developed through effective training and practice. This specific activity provides such practice while implementing all of the important elements of a game, including competition
This classroom exercise encourages students to practice connecting concepts, products or services that they would not normally consider combining. It is a straightforward and stimulating exercise intended to provide students with a greater understanding that many innovations result from the intersection of disparate concepts or fields. The exercise also demonstrates the value of working with others and purposeful effort in generating ideas.
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