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Posted by m beduya on November 15, 2010 · 2 Comments
This is a great book for someone looking at innovation from a theoretical, evolutionary economics standpoint – the papers are good focusing devices for guiding a practical strategy for a country like the Philippines that must be finally defined by local context. The book looks at innovation mainly from a social science point of view [...]
Filed under Books and Journals, Discovering economic locomotives and attaining competitiveness through modern industrial policy, National Innovation Systems · Tagged with catch-up, China, competitiveness, emerging markets, entrepreneur, evolutionary economics, India, innovation systems, Jan Fagerberg, Joseph Schumpeter, SYNTHESiST
Posted by m beduya on August 4, 2010 · Leave a Comment
For the first time ever, I am teacher and Program Director for an executive training course – a five-day customized management development program for dealer-entrepreneurs – at the Asian Institute of Management. As Program Director, I designed the course and selected the teaching staff. I am also the production manager and thus far this week [...]
Posted by m beduya on July 15, 2010 · 9 Comments
Joseph Schumpeter introduced the concept of the entrepreneur as the true locomotive of the modern economy. Further, he identified that economy’s true context as the then ‘new normal’ of creative destruction from continuous innovation, and not the seeking of price equilibrium from perfect competition. While the modern definition considers all businesspersons as entrepreneurs, Schumpeter equated [...]
Posted by m beduya on June 13, 2010 · Leave a Comment
The life cycle of firms conform to that of its underlying product, service or innovation. This life cycle follows the typical curve shown at left (Chart credit: Wikipedia). This same curve presented cumulatively is an S-curve with four identifiable stages: start-up, hypergrowth, maturity, and decline. These stages roughly correspond to the four technology phases. Management [...]
Posted by m beduya on May 30, 2010 · Leave a Comment
I recommend the June, 2010 issue of the Harvard Business review for two wonderful articles: – on entrepreneurship, Nine Prescriptions for Creating an Entrepreneurship Ecosystem by Daniel J. Isenberg, and, – among the articles on change management, The Decision-Driven Organization by Marcia W. Blenko, Mchael C. Mankins and Paul Rogers. This is the first time [...]
Posted by m beduya on March 6, 2010 · Leave a Comment
Entrepreneur-students of the 1st EDP at AIM help draw an insight Scholars and analysts often derive their theories after practitioners in the real world have been implementing them successfully for years. At the first ever Entrepreneurship Development Program (EDP) at the Asian Institute of Management (AIM), my class found a key insight linking the classic [...]
Filed under Competence-Building from DUI-Learning, Innovation and Entrepreneurship, Learning and Teaching, National Innovation Systems · Tagged with Asian Institute of Management, Bengt-Ake Lundvall, competence-building, DUI-Learning, entrepreneur, Entrepreneurship Development Program, intensive learning, Kenneth Arrow, Nathan Rosenberg, National Innovation Systems, Philippines
Posted by m beduya on January 27, 2010 · 1 Comment
I am teaching in the EDP at the Asian Institute of Management on February 22 – March 5, 2010 with Professor Dickie Gonzales. The EDP is a ten-day management development program focused on the entrepreneur, whether an established or aspiring one. Ultimately, the course seeks to help each participant “learn how to manage [his] new [...]
Posted by m beduya on November 30, 2009 · Leave a Comment
Evangelista keeps the clunkers going The lady beside me at the coffee shop murmured, “I thought I was coming home to a third world country. Everybody seems to be out and enjoying what most Filipinos like, eating!” Life in Manila is made affordable for many people because of such well-known secrets as Evangelista, the automotive [...]
Posted by m beduya on November 2, 2009 · 1 Comment
Corruption and poverty are problems to be solved Professor William J. Baumol gave me an epiphany. His 1990 journal – Entrepreneurship: Productive, Unproductive and Destructive – showed me a link between the two biggest problems of the Philippines, corruption and poverty. His paper also gave a hint at a possible solution to the problems in [...]
Posted by m beduya on October 26, 2009 · 1 Comment
BYD goes from rechargeable batteries to electric cars BYD Auto is the prime example of successful innovation and entrepreneurship from the application of ‘adjacency’ strategy. BYD expects to become the largest car company in the world within five years – and with electric cars, at that. It will end up to be the most innovative, [...]
Filed under Brand and Product Development, Changes in Environment and Need for Sustainability, Changes in Institutions, Policy and Regulation from Need, Transparency and Empowerment, Changes in Science, Technology and Engineering from Research, Development, Invention and Optimization, Convergence of Technologies - Technology x Business Model, Innovation and Entrepreneurship, National Innovation Systems, Supply Chain Logistics and Transport · Tagged with adaptive research, adjacency, change management, Convergence, entrepreneur, innovative entrepreneurship, intensive learning, product innovation, total factor productivity
Posted by m beduya on October 19, 2009 · Leave a Comment
Filipino companies and entrepreneurs hardly do any basic science-based research. All the while, I have thought this to be only because of the high cost and uncertainty of doing such research. I have come to realize that they know it is less risky (and more rewarding) to take opportunities from inefficiencies in the local economy [...]
Posted by m beduya on June 23, 2009 · 8 Comments
The social enterprise – with its triple bottom line – could very well be the next, big social innovation in line with Drucker’s examples listed in Post #73. And the Institute for Social Entrepreneurship in Asia (ISEA) is in the forefront of efforts to make this a reality in the region.
Filed under Books and Journals, Social Enterprise and Innovations, Social Innovation · Tagged with AIM, Asian Institute of Management, commons, corporate social responsibility, entrepreneur, Institute of Social Entrepreneurship in Asia, Jeffrey Sachs, Peter Drucker, Philippines, social enterprise, social entrepreneur, Social Innovation, triple bottom line
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