Entrepreneurial Drive and Performance in an Industry Ecosystem

Entrepreneurial Drive and Performance in an Industry Ecosystem PDF Author: Simon Kamuri
Publisher: Cambridge Scholars Publishing
ISBN: 152759095X
Category : Business & Economics
Languages : en
Pages : 155

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Book Description
This book will further knowledge and invite the exchange of ideas in academia, policy and practice of entrepreneurship from an ecosystem perspective. It spotlights an increasingly important perspective of understanding and developing individual entrepreneurship that can impact businesses, industries, economies and societies. It uniquely examines the link between individual entrepreneurship and the competitive performance of actors in an industry, using Kenya’s leather industry as an illustrative case. The book provides conceptual models of entrepreneurial drive as a valid construct that should guide understanding and interventions for developing entrepreneurship in academia, practice and policy. Thus, it acknowledges the role of individuals, their entrepreneurial abilities, the diverse roles they play in an industry and the resultant potential in innovation and broad-based performance outcomes. Coming at a time where entrepreneurship and innovation attention are centred on knowledge-based industries, this book uses the case of a primary or factor-driven industry to re-focus attention on an area of economic advantage that is typical of African countries.

Entrepreneurial Drive and Performance in an Industry Ecosystem

Entrepreneurial Drive and Performance in an Industry Ecosystem PDF Author: Simon Kamuri
Publisher: Cambridge Scholars Publishing
ISBN: 152759095X
Category : Business & Economics
Languages : en
Pages : 155

Get Book

Book Description
This book will further knowledge and invite the exchange of ideas in academia, policy and practice of entrepreneurship from an ecosystem perspective. It spotlights an increasingly important perspective of understanding and developing individual entrepreneurship that can impact businesses, industries, economies and societies. It uniquely examines the link between individual entrepreneurship and the competitive performance of actors in an industry, using Kenya’s leather industry as an illustrative case. The book provides conceptual models of entrepreneurial drive as a valid construct that should guide understanding and interventions for developing entrepreneurship in academia, practice and policy. Thus, it acknowledges the role of individuals, their entrepreneurial abilities, the diverse roles they play in an industry and the resultant potential in innovation and broad-based performance outcomes. Coming at a time where entrepreneurship and innovation attention are centred on knowledge-based industries, this book uses the case of a primary or factor-driven industry to re-focus attention on an area of economic advantage that is typical of African countries.

The Keystone Advantage

The Keystone Advantage PDF Author: Marco Iansiti
Publisher: Harvard Business Press
ISBN: 9781591393078
Category : Business & Economics
Languages : en
Pages : 278

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Book Description
Today, many companies operate within a complex network of firms that all depend on each other for success. In this book, authors Marco Iansiti and Roy Levien use the powerful example of biological ecosystems to show how companies can leverage these emerging business networks for long-term success. The book's title, "The Keystone Advantage", is taken directly from biology - it refers to "keystone species", which proactively maintain the healthy functioning of their entire ecosystem for a simple reason: their own survival depends on it. In the same way, say the authors, companies can protect and ensure their own success by deliberately fostering the combined health of the network they operate in.

They Will Be Giants: 21st Century Entrepreneurs and the Purpose-Driven Business Ecosystem

They Will Be Giants: 21st Century Entrepreneurs and the Purpose-Driven Business Ecosystem PDF Author: Robert Kim Wilson
Publisher: Trillatian Media
ISBN: 9780985733599
Category : Business & Economics
Languages : en
Pages : 450

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Book Description
Most contemporary books on business ecosystems, especially those originating from the Mecca of entrepreneurship, Silicon Valley - are focused on what might be called a "top-down" approach. These books address how other geographic regions can try to build the next Silicon Valley in their part of the planet. Giants takes a very different tactic, one that we call a "bottom-up" approach. Giants is written specifically for the individual entrepreneur who is seeking to increase her/his probability to succeed in their start-up or early stage business idea, thru an innovative new methodology called Purpose-Driven Business Ecosystems. The 21st Century marketplace has already taught us that Business Ecosystems are becoming the "new organizational design model." The open market is increasingly rejecting large enterprise products and services in favor of giving preference to "collectives" and special interest groups consisting of individual businesses that have chosen to join into organized, well-planned groups. The basic idea is that the productive output of these well focused networks - is a result of the combined actions of all the businesses working cooperatively and productively together. In today's contemporary parlance, we refer to this collective, result-generating aggregate as a "business ecosystem." For entrepreneurs, the functioning of their business ecosystem can literally make or break their individual business success. In this light, our book contains specific methods, tools, and other compelling information to support the 21st Century entrepreneur. Some of the most popular questions from Entrepreneurs are answered in Giants: How can "entrepreneurs" substantially improve their chances for success, using assets they already possess? How can "entrepreneurs" avoid giving up equity for funding in early-stage startups? How can "entrepreneurs" avoid the six classic challenges of early-stage startups? How can "entrepreneurs" lower their risk of failure, including reducing go-to-market cost? Why is an "outstanding network" not enough? How can "my customer," actually perform like my business partner? How do I start in developing a purpose-driven business ecosystem? The end game of Giants is to enable and empower the reader to create and maintain strategic relationships with other businesses, groups or individuals who offer specific, tangible value for her/his own team. But more importantly, this ecosystem-derived value should largely be realized within the context of the purpose of your own business. Thus your business ecosystem becomes highly focused, and purpose-driven.

Opportunities and Challenges of Business 5.0 in Emerging Markets

Opportunities and Challenges of Business 5.0 in Emerging Markets PDF Author: Dadwal, Sumesh
Publisher: IGI Global
ISBN: 1668464055
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
It seems that when businesses were finally understanding, implementing, and getting used to industry 4.0, the term 5.0 came about. Industry 5.0 takes human touch, innovation, and efficiency a step further in creating a turnaround strategy for corporate governance. This transformation has brought many questions to the minds of stakeholders such as when and why this happened. In order to explore the answers to these questions, further study is required to understand the prospects and challenges. Opportunities and Challenges of Business 5.0 in Emerging Markets discusses the present state and future outlooks of Business 5.0 and aims to achieve comprehensive insights on the implications of Business 5.0 in the emerging markets. The book also provides insights to marketers, entrepreneurs, and practitioners to unravel the opportunities and mitigate the challenges in the competitive world. Covering key topics such as big data, e-commerce, and value creation, this reference work is ideal for policymakers, business owners, managers, industry professionals, researchers, scholars, practitioners, academicians, instructors, and students.

Handbook on Digital Platforms and Business Ecosystems in Manufacturing

Handbook on Digital Platforms and Business Ecosystems in Manufacturing PDF Author: Sabine Baumann
Publisher: Edward Elgar Publishing
ISBN: 1035301008
Category : Business & Economics
Languages : en
Pages : 439

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Book Description
This timely Handbook examines the rapidly expanding research area of digital platforms and business ecosystems in the context of manufacturing industries. Chapters analyze core topics such as business model transformation, ecosystem design, and governance, offering an up-to-date overview of crucial research.

Learning and Innovation of Chinese Firms

Learning and Innovation of Chinese Firms PDF Author: Jacky Hong
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110715007
Category : Business & Economics
Languages : en
Pages : 196

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Book Description
This edited volume explores the learning and innovation of Chinese firms. In particular, it examines the difficulties and obstacles affecting the technological collaboration between Chinese firms and foreign partners as well as some of the key organizational and institutional challenges of innovation facing Chinese firms. Despite enjoying rapid economic growth in previous decades, learning and innovation of Chinese firms has received relatively limited attention among management and international business scholars in the past. However, some significant changes in the Chinese institutional environment have occurred in recent years. On one hand, the Chinese central government has devised a number of policy initiatives to promote and support innovative activities in China, ranging from the ‘Mass Entrepreneurship and Innovation by All’ to the latest ‘Made in China 2025’. On the other hand, we have witnessed an increasing number of indigenous Chinese firms (e.g. Alibaba, Baidu, Tencent, Huawei and DJI) adopting business model innovation with global inputs and impacts in different business sectors, namely electronic commerce, telecommunication network equipment, social media, mobile payment and drones. In view of these recent developments, we aim to further our understanding about the learning and innovation processes of Chinese firms in this edited volume.

Building a Culture of Innovation

Building a Culture of Innovation PDF Author: Cris Beswick
Publisher: Kogan Page Publishers
ISBN: 0749474483
Category : Business & Economics
Languages : en
Pages : 229

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Book Description
SHORTLISTED: CMI Management Book of the Year 2017 - Innovation and Entrepreneurship Category Being a truly innovative company is more than dreaming up new products and services by external consultants and internal taskforces. Staying one step ahead of the competition requires you to embed innovation into your organizational culture. Innovation needs to be embodied in everything that gets done by everyone who works there. By changing your organizational culture to one that supports Building a Culture of Innovation, you will remove the barriers that stop you responding quickly and agilely to changing market conditions and opportunities for growth. Building a Culture of Innovation presents a practical framework that you can follow to design and embed a culture of innovation in your business.The six-step Innovation Culture Change Framework offers a structured process to make change stick, from assessing your organization's innovation-readiness to leading a managed change process that will foster innovation at each level. It includes case studies from international organizations which have shifted their focus to an innovation culture, including Prudential, Qinetiq, Octopus Investments, Cisco, Siemens, BrightMove Media, Waitrose and Feefo. Supported with downloadable resources, Building a Culture of Innovation is an essential read for business leaders and change implementation teams who want to place innovation at the heart of their business strategy.

Achieving Successful Business Outcomes

Achieving Successful Business Outcomes PDF Author: Alok K. Sinha
Publisher: CRC Press
ISBN: 1000041727
Category : Business & Economics
Languages : en
Pages : 287

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Book Description
Achieving Successful Business Outcomes: Driving High Performance & Effective Transformations in a Continuously Evolving Business Environment Navigating in space is exponentially more difficult than navigating on the road – because there are too many directions to investigate, too many unknowns to be prepared for and infinite pathways to chart in the galactic system. So it is with business. Business environments are extremely demanding and change continuously, precipitated by innumerable actors and conditions. Business success cannot be predicated on the pedigree of a leader or a prescribed theory alone, as start-ups have amply proven. Large companies have tried to copy nimble-footed start-ups while start-ups, after achieving a certain size, have been forced to adapt to unchartered territory. Disruptions seems to be the order of the day. This book is about achieving successful business outcomes. An aircraft has a complex dashboard of dials, where only a critical few need to be monitored continuously, and other subsets warrant attention only during specific phases of the flight. A well-modeled business can be managed successfully using a similar strategy. But the larger question is how to model a business, with closely correlated variables, to represent the reality of the environment and to allow for devising, formulating and adjusting business strategy and actions in real-time. The author uses a simple but well-researched STA-Triangle (space, time and action) model to achieve this purpose. The core of the STA model is to help navigate effectively in a rapidly changing business environment. Unlike traditional business studies that use a single lens to define business rules or organizational practices, it uses the combination of space, time and action as the driver of outcomes – something fundamental and core to human thinking across the ages. This book contains both theoretical and practical applications – the former helps propel further research and analysis and the latter helps practicing leaders confidently drive their firms forward in any environmental conditions. It will also help causal readers understand how the future is evolving and how different organizations are responding to this change. The author includes more than a hundred supporting examples and tools that help create highly incisive and unique views for calibrating strategy and execution. Visit the authors' website at www.alokksinha.com

Business Ecosystems

Business Ecosystems PDF Author: Martin Reeves
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110775166
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
A business ecosystem may be defined as a dynamic group of largely independent economic players that create products or services that together constitute a coherent solution for customers. Business ecosystems are high on the agenda of many business leaders. They are now highly prevalent, frequently disruptive, and all companies should add the required capabilities to their strategy toolbox. Business Ecosystems is based on more than three years of research by the BCG Henderson Institute, their work with dozens of companies on their ecosystem strategies, and hundreds of conversations with academics, managers, investors, entrepreneurs, and government employees. Part I reviews the fundamentals of business ecosystems – definition, design, success factors, governance, strategies. Part II elaborates on special topics, such as trust and data, industry applications, and their potential for sustainability. Ecosystems might not be a solution for all problems, but they are also not a transitory phenomenon. The field is evolving fast and as the success factors for creating, managing and participating in business ecosystems are increasingly accepted and understood, many established and emerging companies have the opportunity to put themselves in a position to unlock great innovation and value creation potential by engaging in ecosystem business models. This book will support business professionals and executives on this journey.

Advances in Best-Worst Method

Advances in Best-Worst Method PDF Author: Jafar Rezaei
Publisher: Springer Nature
ISBN: 3030897958
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
This book presents recent advances in the theory and application of the Best-Worst Method (BWM). It includes selected papers from the Second International Workshop on Best-Worst Method (BWM2021), held in Delft, The Netherlands from 10-11 June, 2021, and provides valuable insights on why and how to use BWM in a diverse range of applications including health, energy, supply chain management, and engineering. The book highlights the use of BWM in different settings including single decision-making vs group decision-making, and complete information vs incomplete and uncertain situations. The papers gathered here will benefit academics and practitioners who are involved in multi-criteria decision-making and decision analysis.