Forschungsarbeit, 2003
7 Seiten
This paper discusses the concept of managerial entrepreneurship and its impact on organizational success. It explores the three key facets of entrepreneurship that management of existing businesses can utilize: opportunity identification, viability analysis, and exploitation. The paper also examines the traits and characteristics of entrepreneurial managers, including their ability to innovate, tolerate uncertainty, and see the “big picture.”
This paper defines entrepreneurship and discusses its relevance to organizational success. It explores the role of entrepreneurial managers in established businesses and the key skills they possess, including opportunity identification, viability analysis, and exploiting those opportunities for the organization's benefit. The paper emphasizes the importance of entrepreneurial managers in today's globalized economy, particularly in the face of heightened competition. The paper also discusses the difference between micro and macro evolutionary innovation and how entrepreneurial managers drive innovation, leading to long-term strategic success for the organization.
This paper focuses on the key concepts of managerial entrepreneurship, organizational innovation, opportunity identification, viability analysis, entrepreneurial managers, global competition, micro and macro evolutionary innovation, and strategic impact of innovation.
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