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M. S.
This flashcard set delves into the advanced concepts of strategic entrepreneurship, tailored for university-level students. It explores various forms of entrepreneurship, including strategic renewal, regeneration, domain redefinition, and business model reconstruction, with a focus on opportunity-seeking and advantage-seeking behaviors. The set also touches on the interplay between corporate and independent entrepreneurship, emphasizing the importance of efficient resource management and innovation for competitive advantage. Ideal for aspiring entrepreneurs and business strategists, this flashcard set provides a comprehensive overview of key entrepreneurial strategies and their practical applications.
Karten
25
Lernende
0
Sprache
Englisch
Kategorie
BWL
Stufe
Universität
Erstellt / Aktualisiert
29.04.2025 / 29.04.2025

Lernkarten

Refresher: Forms of Corporate Entrepreneurship

Refresher: Forms of Corporate Entrepreneurship

Entrepreneurship

Corporate 
Entrepreneurship

Refresher: Forms of Corporate Entrepreneurship

Corporate  Entrepreneurship

Strategic Entrepreneurship 
“Innovate for competitive 
advantage”

• Strategic renewal

• Continuous regeneration

• New business segment

• Organisational renewal

• New business model

Refresher: Forms of Corporate Entrepreneurship

Corporate  Entrepreneurship

Corporate Venturing
“Bring new businesses to the corporation”

Refresher: Forms of Corporate Entrepreneurship

Entrepreneurship

Corporate 
Entrepreneurship

 

Independent 
Entrepreneurship

Thinking Exercise

What are the two main elements that are needed
to compete in and win a sailing race? 

Element 1: Wind
• Looking for and finding the best wind is not sufficient
• Which use is the best wind if you cannot sail?

Element 2: Sailing skills
• The best sailing knowledge and capabilities are useless without wind

Thinking Exercise

What are the two main elements that are needed
to compete in and win a sailing race? 

 

Analogy

Strategic Entrepreneurship: Definition

 

Combining two perspectives on wealth creation

Strategic Entrepreneurship: Definition

 

Combining two perspectives on wealth creation

 

Which 2 words?

Exploit

Explore

Entrepreneurship DEF

Strategic Entrepreneurship: Definition process

Strategic Entrepreneurship: Definition

Strategic Entrepreneurship: Combinations of the two

Graph = Arrows + Bubbles

Strategic Entrepreneurship: Combinations

A Related Study: The STEP Project

Opportunity seeking behavior through sensing / seizing of opportunities

Advantage seeking behavior through efficient resource management

Strategic Entrepreneurship: Combinations

 

Arrows

Opportunity seeking behavior through sensing / seizing of opportunities

Advantage seeking behavior through efficient resource management

5 Forms Of Strategic Entrepreneurship

Form 1: Strategic Renewal

Form 2: Sustained Regeneration

Form 3: Domain Redefinition (blue ocean)

Form 4: Organizational Rejuvenation

Form 5: Business Model Reconstruction

5 Forms Of Strategic Entrepreneurship

Form 1: Strategic Renewal

5 Forms Of Strategic Entrepreneurship

Form 2: Sustained Regeneration

5 Forms Of Strategic Entrepreneurship

Form 3: Domain Redefinition

5 Forms Of Strategic Entrepreneurship

Form 3: Domain Redefinition

«Blue Ocean Strategy»: Details

5 Forms Of Strategic Entrepreneurship

Form 3: Domain Redefinition

The Opposite: Red Oceans

5 Forms Of Strategic Entrepreneurship

Form 3: Domain Redefinition

Overview: Strategies for Red und Blue Oceans

5 Forms Of Strategic Entrepreneurship

Form 4: Organizational Rejuvenation

5 Forms Of Strategic Entrepreneurship

Form 5: Business Model Reconstruction

5 Forms Of Strategic Entrepreneurship

Form 5: Business Model Reconstruction

Example

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