Discuss the Relationship Between Entrepreneurship,...

Discuss the relationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your discussion. Entrepreneurship, innovation and economic development are linked to one another through different factors and characteristics of each other. Entrepreneurship â€Å"is the result of what entrepreneurs do and refers to events and their economic impact† (Lumsdaine E, Binks M 2007 P11). This definition demonstrates that entrepreneurship is an outcome of an act of a person who has a particular quality. This act may be taking initiative and creating a business idea from an opportunity that has been seen. It†¦show more content†¦It meant new jobs were created and so people would increase their spending, having a positive effect on the economy. As time went on, it increasing tourism in other countries as well as America, therefore it also would have affected other economies. This idea was then used by many other companies and airlines were formed, which had a great impact on the economy as there now was a large increase in air travel and tourism. As well tourism, internationa l businesses grew as they were easily able to travel between countries in short amounts of time. This shows how one man’s idea and creativity has changed the world and the way we are able to travel. Another famous man who can be classified as an entrepreneur is the man who created eBay. Pierre Omidyar is the man who had the idea of â€Å"a powerful marketplace for the sale of goods and services by a passionate community of individuals and small businesses.† (eBay 2010). Pierre Omidyar has an obvious entrepreneurial trait as he identified a business idea that consumers have been looking for. â€Å"As an early Internet enthusiast, Pierre knew that people needed a central location to buy and sell all kinds of items on a level playing field and to meet other users with similar interests.† (eBay 2010). His idea generated when the internet was strongly merging, therefore he had the advantage of being successful as it is unlikely that there were many other businesses on the internet that offered this service.Show MoreRelatedDiscuss the Relationship Between Entrepreneurship, Innovation and Economic Development. What Role Do Creativity and Problem Solving Play in This Rela tionship? Refer to Both Theory and Examples from the Business World to Support Your Discussion.’2397 Words   |  10 PagesDiscuss the relationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your discussion.’ There are many links that bring together a relationship between entrepreneurship, innovation and economic development, and both creativity and problem solving play a large role within this relationship. Entrepreneurial activity can lead to innovation withinRead MoreThe Relationship Between Entrepreneurship, Innovation and Economic Development2181 Words   |  9 PagesDiscuss the relationship between entrepreneurship, innovation and economic development. What role do creativity and problem solving play in this relationship? Refer to both theory and examples from the business world to support your discussion. Date of submission: 26 November 2010 Name: Chen Wanxin School: the University of Nottingham, Ningbo, China Module convenor’s name: Maris Farquharson Module title: Entrepreneurship and Business Module code: P11440 (2010) Length: 1885 words EntrepreneurshipRead MoreThe Entrepreneurial Mind-18021 Words   |  73 PagesChapter overview Photograph Entrepreneurship: Evolutionary Development—Revolutionary Impact 2 The Entrepreneurial Mind-Set in Individuals: Cognition and Ethics 31 The Entrepreneurial Mind-Set in Organizations: Corporate Entrepreneurship 67 Social Entrepreneurship and the Global Environment for Entrepreneurship 98 Entrepreneural case analysis Corporate Entrepreneurship and Innovation in Silicon Valley: The Case of Google, Inc. 127 Entrepreneurship: Evolutionary Development—Revolutionary Impact ChapterRead MoreEssay about Mgc1 Study Guide7936 Words   |  32 Pagesfuture trends b. Internal Resources: Financial analysis, marketing audit, operations analysis, other internal resources analysis (such as research and development, management information systems, engineering and purchasing.), human resources assessment. 2. Define core competencies and explain how they provide the foundation for business strategy. a. Core Competencies: A unique skill and/ or knowledge an organization possesses that gives it an edge over competitors. A core competenceRead MoreDeveloping Management Skills404131 Words   |  1617 Pagessolution for courses in Principles of Management, Human Resources, Strategy, and Organizational Behavior that helps you actively study and prepare material for class. Chapter-by-chapter activities, including built-in pretests and posttests, focus on what you need to learn and to review in order to succeed. Visit www.mymanagementlab.com to learn more. DEVELOPING MANAGEMENT SKILLS EIGHTH EDITION David A. Whetten BRIGHAM YOUNG UNIVERSITY Kim S. Cameron UNIVERSITY OF MICHIGAN PrenticeRead MoreA Study on Enhanced Employee Performance Through Soft Skills20707 Words   |  83 PagesSummary 11-12 3. List of Tables 13-14 4. List of Figures 15-16 Chapters 1. Introduction 17-48 1.1 Definition of Soft Skills 17 1.2 Hard Facts About Soft Skills 19 1.3 Top 60 Soft Skills 21 1.4 Soft Skills Gap – Do You Have One? 23 1.5 Distinction Between Hard Skills Soft Skills 25 1.6 Soft Skills Are Important 28 1.7 Soft Skills Types 28 1.8 The Benefits of Soft Skills 31 1.9 Employee Performance 32 1. 10 Commitment to Performance 33 1.11 Indian Scenario 41 1.12Read MoreEssay about Recognizing and Shaping Opportunities19389 Words   |  78 Pagesop yo Lynda M. Applegate, Series Editor rP os t Entrepreneurship + I N TE R A C TI VE I L LU S TR AT I O N S No tC Recognizing and Shaping Opportunities LYNDA M. APPLEGATE HARVARD BUSINESS SCHOOL Do CAROLE CARLSON 8056 | Published: September 1, 2014 This document is authorized for educator review use only by Vikas Gupta, at Institute of Management Technology - Ghaziabad (IMT) until December 2014. Copying or posting is an infringement of copyright. Permissions@hbsp.harvard.edu or 617.783Read MoreInnovation in Cosmetic Industry8686 Words   |  35 PagesABSTRACT : Innovation is one of the most important issues in business research today. It has been studied in many independent research traditions. Our understanding and study of innovation can benefit from an integrative review of these research traditions. In so doing, various topics of consideration have been identified and studied. Consumer response to innovation, Organizations and innovation, which are increasingly important as product development becomes more complex and tools more effectiveRead MoreThe Accounting Profession and Nat39077 Words   |  157 PagesUniversities Commission Treasurer, ANAN - Business Manager Prof. M. A. Mainoma, Ph.D, FCNA Mr. C. B. Umoh Editor-in-CHief Editor Associate Editor Associate Editor Associate Editor Associate Editor Associate Editor Member Member Member Member Member Member Member Member Secretary Assistant Secretary The Journal of Accounting is a biannual publication. All contributions of articles, book reviews, research notes, etc, intended for consideration for publication in this Journal should be in English and shouldRead MoreCase Study148348 Words   |  594 Pagesrequired. Pearson Education Limited Edinburgh Gate Harlow Essex CM20 2JE England and Associated Companies around the world. Visit us on the World Wide Web at: www.pearsoned.co.uk ---------------------------------This edition published 2011  © Pearson Education Limited 2011 The rights of Gerry Johnson, Richard Whittington and Kevan Scholes to be identified as the authors of this work have been asserted by them in accordance with the Copyright, Designs and Patents Act 1988. Pearson Education is not

Digital Media - 2221 Words

The media of mass communication have long played a fundamental role in people’s lives. The media informs, persuades, entertains, and even sells. For the most part; mass media is only owned by a few private companies, as we learned in the â€Å"media ownership† discussion. According to the â€Å"Telecommunications Act of 1996,†, this act was to spawn some competition the broadcast companies. It also eased the restrictions on the number of television stations one individual company can own. The media, controlled by power corporations and government organizations, has positioned itself to influence people in all manner of ways, but no one group controls the system as a whole. 90% of all television media is controlled by†¦show more content†¦Convergence can mean the merger of people, resources, media technologies, content, and industries. Media convergence is the merging (or joining) of previously distinct media to create entirely new forms of communication expression. Henry Jenkins, a professor at USC, described convergence as the relationship between media convergence and user empowerment. He (Jenkins) states that â€Å"Convergence requires media companies to rethink old assumptions about what it means to consume media, assumptions that shape both programming and marketing decisions. If old consumers were assumed to be passive, the new consumers are active. If old consumers were predictable and stayed where you told them to stay, then new consumers are migratory, showing a declining loyalty to networks or media. If old consumers were isolated individuals, the new consumers are more socially connected. If the work of media consumers was once silent and invisible, the new consumers are now noisy and public.†Show MoreRelatedDigital Media3731 Words   |  15 PagesIntroduction: You may have heard of digital media, but you may have no idea what it is and how it can help you out when it comes to marketing. Its definitely important that you get up to speed so you can use this to benefit your business. Basically digital media refers to any type of electronic media out there. Today media can be accessed in many ways, including with hand held devices like mobile phones, laptops, desktops, mp3 players, and more. Digital media must be stored in an electronic wayRead MoreDigital Content Of Digital Media2877 Words   |  12 Pages‘The term â€Å"new media† will in general refer to those digital media that are interactive, incorporate two-way communication, and involve some form of computing as opposed to â€Å"old media† such as the telephone, radio, and TV (Logan, 2010). Digital Media is a fluid term, not only is it a modern means of exchanging or distributing of information through electronic devices, but is also a constantly evolving one. 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Consumers also use the internet to play games, gather information, read blogs and websites; download, upload, and share text and media files, images, and music; communicate with others via email, instant messages, and social media sites.Read MoreDigital Media And Its Effect On Society1770 Words   |  8 Pagessociety, one of the most highly influential ways of interacting with the public is through the widespread form of digital media. In itself, digital media is any media that can be utilized or viewed via electronics. This mixes two things that people love and use every day, the first being media like radio, television, newspapers, magazines, and websites. The second subject being all things digital, such as laptops, desktop computers, smartphones, cameras, gaming consoles, etc. These medium s affect the waysRead MoreThe Between Mass Media And Digital Media Essay1501 Words   |  7 Pagesdo multiple media forms. Broadly, convergence is the blending of multiple media forms into one platform for purposes of delivering a dynamic experience. According to Encyclopedia Britannica, media convergence can be described as a â€Å"phenomenon involving the interconnection of information and communications technologies, computer networks, and media content. It brings together the â€Å"three C’s†Ã¢â‚¬â€computing, communication, and content—and is a direct consequence of the digitization of media content andRead MoreThe Media Of New Digital Media1214 Words   |  5 PagesIn the age of new digital media, it has become all the easier for consumers to be able to share their media online, on various different sites. Whether that is audio, video, or images, there are a whole host of different platforms in which users can upload their content on to and, in turn, ca n interact with other uses that have the same interests. 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Diversity Discrimination and Service Users Free Essays

It is your role and responsibility to ensure that all staff promote equality, diversity and inclusion, whether dealing with service users directly or indirectly. This can be done in the following ways: Dignity and respect – respect individual’s need for privacy and dignity in the way that service is provided and the way that information is handled. Treat service users with tolerance and have a non-judgemental attitude Information and Communication – providing information in different formats for example large print, Braille, video, tape, total communication, other languages, providing an interpreter. We will write a custom essay sample on Diversity: Discrimination and Service Users or any similar topic only for you Order Now Value the contribution – that each individual can make. Create a productive environment in which everybody feels valued, their talents are fully utilised and services meet the requirements of diverse service users. Embrace difference as a way of attracting and retaining staff and improving customer satisfaction. Provide relevant and appropriate access for the participation, development and advancement of all individuals and groups. Remove physical barriers – overcome physical features by removing them, altering them, avoiding them or providing access to work or service by an alternative method. Stereotypes, assumptions and bias – avoid using negative or offensive language and images which convey stereotypes. Avoid making assumptions about people’s ability to do things or not do things, their attitudes and their persona; circumstances. Don’t assume that you understand their needs and requirements. Don’t allow bias to affect decisions you make about recruitment, training, policies or procedures. Tailor services to needs – Provide auxiliary aids such as an induction loop, prayer room. It is important that staff attend relevant training meetings and supervision so they are aware of their role and accountability with regards equality and diversity. Here they are able to learn the principles of good practice and keep up to date with new developments and changes to relevant legislations. During supervision you should ensure staff are fully aware of the complaints procedure and they should be encouraged to report any issues they feel need to be challenged regarding discrimination. 2. Challenge discrimination and exclusion in policy and practice Adult social care is a complex world of diverse organisations, dispersed responsibilities and growing user empowerment. As a provider of care and support you will need to ensure that you understand the legal framework regarding equality, diversity, discrimination and rights and be able to relate this to your everyday role. Managers at all levels and in all settings, should be seeking to ensure equality and eliminate discrimination by: engage people using services and their families in shaping future support, †¢ present staff with a vision of a fair and equal service, †¢ create cultures which support equality and challenge discrimination, †¢ capture the commitment of the workforce and raise their awareness of the importance of equality †¢ equip them through training, standards and supervision to recognise and tackle discrimination, and enhance equality. †¢ work across boundaries with other agenci es and services to raise the profile of equality and promote informed debate and commitment to change. It is also about challenging others if necessary and speaking up for the individuals you support when they cannot speak up for themselves. It can be di?cult to challenge discrimination, particularly if it is institutional or practised by a colleague, so it is important that you consider how to deal with di?erent and often di?cult situations. To be able to challenge discrimination you require knowledge of policy, procedures and practice. If you feel con?dent about what is good practice, you will be able to deal more e?ectively with incidents that arise. When discrimination happens it may be intentional, but it can also be because of ignorance and lack of understanding. It is not easy to change the views of others but you must challenge discriminatory comments and actions. It is important to learn assertiveness strategies that can help when you recognise discrimination. When challenging discrimination, you should: 1. explain what has happened or what has been said that is discriminatory 2. state the e?ect of this on the individual, group and others 3. suggest or model ways to ensure anti-discriminatory practice. In my job role, you have a duty of care to challenge discrimination in a positive way and promote inclusion. When you are concerned about anti-discriminatory practice, whether by sta? or by service users, you should challenge it effectively so that future incidents of discrimination can be prevented. This will also empower individuals to understand their rights. When you are concerned about anti-discriminatory practice, whether by sta? or by service users, you should: †¢ Always act fairly and try to see things from the other person’s point of view. Consider that there could be different pressures, needs and cultures. †¢ Always use positive language and never use words or phrases that could be disrespectful towards another person. †¢ Do not allow prejudices and stereotyping to influence you and do not accept any type of discriminatory behaviour. 2. 3 Provide others with information about: †¢ the effects of discrimination As a manager the best way to provide staff with information about the effects of discrimination is to ensure they regularly attend the appropriate quality, diversity and inclusion training. You could also discuss this area during team meetings, supervision and appraisal. You should ensure all staff are aware of the procedures to follow if they suspect discrimination is taking place or they are themselves the subject of any form of discrimination. All staff and service users should be aware of their rights. An easily accessible complaints procedure should be in use which can be accessed if they feel their rights are not being observed. Studies have found that discrimination, racism and harassment may have significant mental and physical health consequences such as frustration, stress, anxiety, depression, possible nervous breakdown, or high blood pressure that can cause heart attacks. Negative effects of discrimination physically and emotionally: †¢ Depression †¢ Anger †¢ Loss of self-esteem †¢ Isolation †¢ Feeling stressed or unable to cope The long-term effects could include: †¢ Loss of motivation †¢ Reduced individual rights †¢ Restricted opportunities †¢ Limited access to services †¢ Mental illness caused by stress the impact of inclusion Research has suggested that the feeling of inclusion is a critical factor in bridging individuals’ differences in age, race and gender in the workplace. In terms of the workforce, inclusion may lead to the feeling of acceptance in an organization which links to satisfaction with the organization and commitment to it. Thi s in turn leads to increased productivity and more effective team and partnership working. In respect of the service users, by considering their needs and then designing the services to meet those needs inclusion can be attained. By enabling people to access services and informing and supporting them, developing their self-help skills and developing meaningful services. This improves health and wellbeing, reduces discrimination and increases inclusion in mainstream services. †¢ the value of diversity Having a diverse group of workers and service users simply means recognizing that all the people are unique in their own way. Their differences could consist of their athletic ability, cultural background, personality, religious beliefs, and the list goes on. There has always been diversity in the workplace, but in today society it is important to value and embrace it and make positive use of it. When people value diversity, they recognize and respect the fact that people are different and that these differences is generally a good thing. For example, when attempting to solve a problem, it is better to assemble a diverse team with many skills and many different ways of approaching the problem than it is to assemble a team that has all their strength concentrated in one area. This in turn will not only benefit both your organisation and the team as a whole but also the service users who use your services. 2. 4 Support others to challenge discrimination and exclusion In your role as Manager one of your most important responsibility, with regards discriminations and exclusion is to ensure all staff have attended the respective training and are fully aware of the workplace policies and procedures in this area. By ensuring staff have this information, knowledge and skills they will then be more able to identify situations where discrimination is taking place and will be aware of the correct procedures to follow in the event. Supporting both staff and service users to challenge discrimination and make a complaint will also be part of your responsibility. Service users should also be supported and encouraged to complain if they feel discriminated against or excluded. By providing service users with details of where they can seek further support and advice egarding discrimination, will allow them to feel they have more choice and control over their lives. Every workplace should have the following in place to aid both service users and staff to complain; †¢ Whistle blowing policy †¢ Complaint procedure †¢ Appeals procedure Once a complaint has been made it is important to monitor and review the situation periodically to ensure no reoccurrence happens. Some complaints may result i n a review of practice and a change to the workplace policies which you would need to oversee. This would ensure that there is a clear directive for future similar events, should they occur. How to cite Diversity: Discrimination and Service Users, Papers