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Innovation and   Entrepreneurship Agsb entrepreneurship elective lecture
Book by Peter Drucker, management guru
Peter Drucker
Definitions ,[object Object],[object Object],[object Object],[object Object]
Innovation & Entrepreneurship
Entrepreneurship
NEW VALUE FROM EXISTING ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Types of innovation ,[object Object],[object Object],[object Object],[object Object],[object Object]
Social innovations ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Technological Innovations
Review ,[object Object],[object Object],[object Object],[object Object],[object Object]
Is innovation only for small businesses?
Characteristics of innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Practices of innovative companies ,[object Object],[object Object],[object Object],[object Object],[object Object]
Skunk works at Lockheed
3M
3m products
R & D
Johnson & Johnson
R & D
R & D
Innovation Strategies
1.“The Fustest with the Mostest ” Original innovations
At the Lead Pack..
Example companies
Original innovators
2. Creative imitators “ Not the orig..”
“ Wheel suckers?”
Examples ,[object Object],[object Object],[object Object],[object Object],[object Object]
Battle of the watches
3. Creating main value propositions Business model
How does a company earn? – business model
MVP ,[object Object],[object Object],[object Object],[object Object]
Innovation policies in nations ,[object Object],[object Object],[object Object]
Communist Party approving a central dev’t plan
What will work? ,[object Object],[object Object],[object Object]
“ Every generation needs a  revolution ” -Thomas Jefferson
French Revolution
Entrepreneurial Revolution?
Another revolution in Egypt –entrepreneurial revolution
Vernuft wind Unsinn,Wohltat Plage “Reason becomes nonsense, Boons afflictions” Goethe
Obsolescence
Old Manila
The new gets old
Thank you! [email_address]
acknowledgement ,[object Object],[object Object]

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Innovation and entrepreneurship, Peter Drucker on innovation and Entrepreneurship