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innovation and entrepreneurship:In terms of innovation and entrepreneurship, what lessons can we learn from the recent financial crisis?

论文作者:留学生论文论文属性:案例分析 Case Study登出时间:2011-01-07编辑:anterran点击率:5168

论文字数:1000论文编号:org201101071451424069语种:英语 English地区:英国价格:免费论文

关键词:innovation and entrepreneurshipfinancial crisisnetwork company

In terms of innovation and entrepreneurship, what lessons can we learn from the recent financial crisis?
Chapter I代写英国留学论文Introduction
Since the financial crisis began in September 2008, the word of innovation has become a slight embarrassment of the word. Although it is widely recognized that lack of regulation is the crux of the problem, but the "financial innovation" which has been brought up in Wall Street and can not be understood is also considered as one culprit. Someone has even suggested that the root cause of the crisis still lies in the remnants of scientific shares of network company in 2001. The view of many scholars is that, under certain conditions, innovation may be part of the reasons for the crisis, but it is a fundamental solution to the crisis and an important component of the answer to restore economic growth, currently, the one who can seize the innovation will get great return in future.

Chapter II Theories on innovation and entrepreneurship
           
The concept of "entrepreneurs" was first proposed by Jean Baptiste in 1800, namely, entrepreneurs enable the efficiency of economic resources develop from low to high; "entrepreneurship" is the collection of special skills ( including the mental and skills) of entrepreneurs’. Or it can be defined that "entrepreneurship" refers to the expression approach of entrepreneur’s comprehensive capabilities of establishing, organizing and management the enterprises, it is an important, invisible and unique factors of production. For example, the great entrepreneurs, founders of Sony, their greatest "product" they have created was not a radio, , but Sony itself and all it has represented; Walter's greatest creation is Disney and its capacity to make the audience happy instead of "Pinocchio" or "Snow White". Peter Drucker inherited and carried forward the views of Schumpeter’s. He put forward that the main entrepreneurship is innovation, then he went to enable the entrepreneurs’ ability of leadership equal to management and believed that "the core of enterprise management is entrepreneurs’ risk-taking behavior in the economy, enterprises are the organizations entrepreneur work." Innovation is the soul of entrepreneurship. Schumpeter’s perspective of innovation held that, entrepreneurs are engaged in "creative destruction". This view highlights the essence and characteristics of entrepreneurship. An enterprise’s biggest risk is that the demise of the spirit of innovation. Innovation must become entrepreneurs’ instinct. However, innovation is not "flashes of genius," but the result of hard work of entrepreneurs’. Innovation is the typical characteristic of entrepreneurs’ activities, it is represented as product innovation, technology innovation, market innovation and forms of organization innovation, and so on. The essence of the spirit of innovation is "to do different things, rather than to do what have been done better." Therefore, innovation is very important for enterprise, especially in time of financial crisis, innovation can help companies get rid of trouble, the enterprise which has more innovation will have stronger capacity for survival and development.
Chapter III Economic crisis and its synergy with innovation

In September 15th, 2008, a month later when Lehman Brothers bankrupted, the system of the world’s banks collapsed as the domino, the stock market almost smashed. Banks in论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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