alexa Innovation, Creativity, and Entrepreneurship | Open Access Journals
2169-026X
Journal of Entrepreneurship & Organization Management
Make the best use of Scientific Research and information from our 700+ peer reviewed, Open Access Journals that operates with the help of 50,000+ Editorial Board Members and esteemed reviewers and 1000+ Scientific associations in Medical, Clinical, Pharmaceutical, Engineering, Technology and Management Fields.
Meet Inspiring Speakers and Experts at our 3000+ Global Conferenceseries Events with over 600+ Conferences, 1200+ Symposiums and 1200+ Workshops on
Medical, Pharma, Engineering, Science, Technology and Business

Innovation, Creativity, and Entrepreneurship

Robert McGowan*

Professor, Department of Management, Daniels College of Business, USA

*Corresponding Author:
Robert McGowan
Professor, Department of Management
Daniels College of Business, USA
E-mail: rmcgowan@du.edu

Received Date: July 24, 2012; Accepted Date: July 24, 2012; Published Date: July 25, 2012

Citation: McGowan R (2012) Innovation, Creativity, and Entrepreneurship. J Entrepren Organiz Manag 1:e103. doi: 10.4172/2169-026X.1000e103

Copyright: © 2012 McGowan R. This is an open-access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.

Visit for more related articles at Journal of Entrepreneurship & Organization Management

While the concept of entrepreneurship has existed for some time, we are witnessing a resurgence in both research as well as formal degree programs. I think this is triggered by a number of factors. One key factor is that most net new growth in jobs today emanates from small to medium-size businesses. Larger firms are turning to alternative organizational forms to compete in the global economy. This ranges from trimming the various managerial layers to strategic outsourcing as well as joint ventures.

A second key factor is that concept of taking an idea to market involves a degree of competitiveness—often lacking in the larger firms. That is not to say it is absent but the vagaries of internal politics and satisfying multiple stakeholders is usually distasteful to the entrepreneur. Indeed, I have known several entrepreneurs who began with larger firms but were adamant that they would do things differently when they began their own business.

A third key factor is that the entrepreneur needs to own the entire process—beginning with idea (which I associate with the innovation process). The creative element involves crafting the business plan, assessing market opportunities, and raising capital. Many times these steps can be quite frustrating but it is the excitement of pulling if off the appeals to the entrepreneur. Indeed, I know of one entrepreneur who stated “how much money I make in the end is not the goal—it is just my way of keeping score.”

In sum, entrepreneurship and managing organizations are closely intertwined. One of the challenges going forward is competing in the global arena where products and services are brought together from several countries or regions. This requires focusing on team dynamics, cross-cultural issues and political/legal requirements. The opportunities are boundless yet it needs an individual who is comfortable working in a messy environment.

Select your language of interest to view the total content in your interested language
Post your comment

Share This Article

Relevant Topics

Article Usage

  • Total views: 11530
  • [From(publication date):
    December-2012 - Aug 21, 2017]
  • Breakdown by view type
  • HTML page views : 7759
  • PDF downloads :3771
 
 

Post your comment

captcha   Reload  Can't read the image? click here to refresh

Peer Reviewed Journals
 
Make the best use of Scientific Research and information from our 700 + peer reviewed, Open Access Journals
International Conferences 2017-18
 
Meet Inspiring Speakers and Experts at our 3000+ Global Annual Meetings

Contact Us

Agri, Food, Aqua and Veterinary Science Journals

Dr. Krish

agrifoodaquavet@omicsonline.com

1-702-714-7001 Extn: 9040

Clinical and Biochemistry Journals

Datta A

clinical_biochem@omicsonline.com

1-702-714-7001Extn: 9037

Business & Management Journals

Ronald

business@omicsonline.com

1-702-714-7001Extn: 9042

Chemical Engineering and Chemistry Journals

Gabriel Shaw

chemicaleng_chemistry@omicsonline.com

1-702-714-7001 Extn: 9040

Earth & Environmental Sciences

Katie Wilson

environmentalsci@omicsonline.com

1-702-714-7001Extn: 9042

Engineering Journals

James Franklin

engineering@omicsonline.com

1-702-714-7001Extn: 9042

General Science and Health care Journals

Andrea Jason

generalsci_healthcare@omicsonline.com

1-702-714-7001Extn: 9043

Genetics and Molecular Biology Journals

Anna Melissa

genetics_molbio@omicsonline.com

1-702-714-7001 Extn: 9006

Immunology & Microbiology Journals

David Gorantl

immuno_microbio@omicsonline.com

1-702-714-7001Extn: 9014

Informatics Journals

Stephanie Skinner

omics@omicsonline.com

1-702-714-7001Extn: 9039

Material Sciences Journals

Rachle Green

materialsci@omicsonline.com

1-702-714-7001Extn: 9039

Mathematics and Physics Journals

Jim Willison

mathematics_physics@omicsonline.com

1-702-714-7001 Extn: 9042

Medical Journals

Nimmi Anna

medical@omicsonline.com

1-702-714-7001 Extn: 9038

Neuroscience & Psychology Journals

Nathan T

neuro_psychology@omicsonline.com

1-702-714-7001Extn: 9041

Pharmaceutical Sciences Journals

John Behannon

pharma@omicsonline.com

1-702-714-7001Extn: 9007

Social & Political Science Journals

Steve Harry

social_politicalsci@omicsonline.com

1-702-714-7001 Extn: 9042

 
© 2008-2017 OMICS International - Open Access Publisher. Best viewed in Mozilla Firefox | Google Chrome | Above IE 7.0 version