Lesson 1 Flashcards
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Entrepreneurs and Enterprise
-Enterprise is any attempt to start/do something new.
An Entrepreneur is a person who has the initiative and takes the risk to start an enterprise.
Enterprise can be seen in business (Today FM)
at home (DIY)
Company)
in the community (Social enterprises
government is the entrepreneur (Coilte
ESB
-Intrapreneurship: Entrepreneurship in the workplace
Examples:
• The Playstation was an idea by a Sony employee and was released in 1994
thought of by Ken Kutaragi. The same was for the Xbox.
• Dreamworks Animation provides its animators with free script writing classes
so they can have a chance at becoming a film writer
Ways to promote intrapreneurship include:
• Giving people greater freedom and personal responsibility in their work
• Make an environment where it is ok to make and learn from mistakes
• Reward intrapreneurship
Encourage teamwork
• Provide training in creativity and intrapreneurship
Benefits of intrapreneurship for businesses:
New Products