Discussion: View Thread

  • 1.  Collective entrepreneurship

    Posted 12-07-2006 07:44

    That's why I never believed in the figure of the lonely entrepreneur. For me, entrepreneurship is always collective, because it is very difficult to find the complete entrepreneur: good in having ideas, developing it, analysis the viability and establish a successful business from an invention. Normally, what we can find in successful stories is a good idea generated by the class of entrepreneur which could be considered the creative one.

     

    A second entrepreneurial profile, the planner or the administrator, takes this idea and develop it to check its viability. He is the one who writes the business plan (which normally the creative guy has no patience nor knowledge to do) and finally a third one, the executor entrepreneur, takes the business plan and the prototype and transform them into a business. The executor entrepreneur is normally focused on results, needs to make things happen, while not necessarily the creative and the planner have the 'hands on' skills.

     

    A good entrepreneurial project, so, demands the three profiles (among others) and those rarely come into the same person.

     

    Definitely being a creative person only does not make you a real entrepreneur. This is a very common confusion in the field I also try to mitigate.

     

    Marcos Hashimoto
    ( (5511) 4504-2300 - Ext 2713
    1
    Entrepreneurship Center

    * MarcosH@isp.edu.br

    www.ibmecsp.edu.br

    Quatá st, 300 - Vila Olimpia - SP

     


    De: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] Em nome de Jack Savidge
    Enviada em: terça-feira, 5 de dezembro de 2006 18:41
    Para: ENTREP@AOMLISTS.PACE.EDU
    Assunto: Re: [ENTREP] How to measure creativity in entrepreneurs

     

    Dick,

     

    Inventors, indeed, are few as new venture entrepreneurs. Their very nature is one of liking the distraction of new ideas – when starting a venture requires, to do it right, 110% focus. The tragic event is when the inventor perceives being  the entrepreneur to build a company around the idea, not relinquishing any responsibility to anyone. Result – the idea loses it's potential as the inventor will most likely not make it happen; the inventor loses because they are constrained by the venture's demands and can not move to the next idea; and society loses as both the idea and inventor are blocked from going forward. Less creative entrepreneurs need to "hang around" inventors, establish trust, be non-creatively threatening, and persuasive that together each one's skill can grow something beneficial to all.

     

    Jack Savidge

     

    From: Teach, Richard [mailto:Richard.Teach@mgt.gatech.edu]
    Sent: Tuesday, December 05, 2006 11:14 AM
    To: Jack Savidge; ENTREP@AOMLISTS.PACE.EDU
    Subject: RE: [ENTREP] How to measure creativity in entrepreneurs

     

    One often finds many "creative" individuals among inventors, but there seems to be few inventor-entrepreneurs.  While this is not an empty set, I have found it to be sparsely populated.  Entrepreneurs often join with an inventor, but in most of these cases, the inventor plays a "technology advisor's" role.

    Dick Teach

     


    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Jack Savidge
    Sent: Thursday, November 30, 2006 11:47 PM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: Re: [ENTREP] How to measure creativity in entrepreneurs

     

    Ricardo,

     

    May I comment that creativity is not a necessary quality to become an entrepreneur. Being creative and starting a business, however, do require risk tolerant characteristics. There is a tool that does measure risk tolerance versus risk aversion called the "Kirton Adaption – Innovation Inventory" found at  www.kaicentre.com/  While the main use of the testing is to identify individuals to create balanced teams, a particular practitioner Idea Connections Systems -  www.innovating.com/ser_instruments.html  - has measured the risk characteristics of entrepreneurs for more than twenty years to derive a rich data base against which to compare "new entrepreneurs."

     

    In a business context the creative idea is but the 1st step toward a viable enterprise. One person may be creative but lack the characteristics to covert that idea into a potentially valuable innovation – requiring reduction to practice, feasibility and demonstrability. It is rare the same individual can both invent/create and innovate much less move to the next process step of development, business planning and commercialization. Creating equals high risk (one fails far more than succeeds), innovating equals discipline or less risk. Knowing what we are looking for at which evolutionary stage in the birth of enterprise leads to selecting the proper measuring tools.

     

    Good luck,

     

    Jack Savidge

    Deputy Director

    The von Liebig Center

    <st1:placetype w:st="on">Univ.</st1:placetype> of <st1:placename w:st="on">California</st1:placename>, <st1:city w:st="on"><st1:place w:st="on">San Diego</st1:place></st1:city>

    jsavidge@ucsd.edu

        

     

    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Ricardo Jesús Bolaños Barrera
    Sent: Wednesday, November 29, 2006 9:13 AM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: [ENTREP] How to measure creativity in entrepreneurs

     

    Those any one has an instrument to measure creativity in the entrepreneur?

     

    Not the innovation in the business, but the creativity in the person.

     

    Best regards

    Ing. Ricardo Bolaños Barrera (ricardob@itesm.mx)
    Director de <st1:personname productid="la Incubadora" w:st="on">la Incubadora</st1:personname> de Empresas
    División de Posgrados e Investigacion
    Tecnológico de Monterrey, Campus Estado de México


    Teléfono: (5255) 5864.5555 extensión 3464
    Fax: (5255) 5864.5779
    enlace-intercampus: 80.236.3464,
    http://www.itesm.mx

    El contenido de este mensaje de datos no se considera oferta, propuesta o acuerdo, sino hasta que sea confirmado en documento por escrito que contenga la firma autógrafa del apoderado legal del ITESM. El contenido de este mensaje de datos es confidencial y se entiende dirigido y para uso exclusivo del destinatario, por lo que no podrá distribuirse y/o difundirse por ningún medio sin la previa autorización del emisor original. Si usted no es el destinatario, se le prohíbe su utilización total o parcial para cualquier fin.

    The content of this data transmission must not be considered an offer, proposal, understanding or agreement unless it is confirmed in a document signed by a legal representative of ITESM. The content of this data transmission is confidential and is intended to be delivered only to the addressees. Therefore, it shall not be distributed and/or disclosed through any means without the authorization of the original sender. If you are not the addressee, you are forbidden from using it, either totally or partially, for any purpose.

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the <st1:place w:st="on"><st1:placetype w:st="on">Academy</st1:placetype> of <st1:placename w:st="on">Management</st1:placename></st1:place>. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the <st1:place w:st="on"><st1:placetype w:st="on">Academy</st1:placetype> of <st1:placename w:st="on">Management</st1:placename></st1:place>. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO! ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!


  • 2.  Collective entrepreneurship

    Posted 12-08-2006 00:26

    The statistics that stand the test of time are the "birth-failures" reported by the U.C. Small Business Administration. The newest report for 2005 results follows: www.sba.gov/advo/research/sb_econ2006.pdf This just supports the case for entrepreneurial training for each major evolutionary milestone from creative idea to 1st order to infrastructure and team building to management of finances and market expansion ...... Curricula must be modified to go beyond the business plan for start-up.

     

    Your profiles appear to address this need.

     

    Jack Savidge

    UCSD

    jsavidge@ucsd.edu

     

     

    From: Marcos Hashimoto [mailto:MarcosH@ibmec.br]
    Sent: Thursday, December 07, 2006 4:44 AM
    To: 'Jack Savidge'; 'ENTREP@AOMLISTS.PACE.EDU'
    Subject: Collective entrepreneurship

     

    That's why I never believed in the figure of the lonely entrepreneur. For me, entrepreneurship is always collective, because it is very difficult to find the complete entrepreneur: good in having ideas, developing it, analysis the viability and establish a successful business from an invention. Normally, what we can find in successful stories is a good idea generated by the class of entrepreneur which could be considered the creative one.

     

    A second entrepreneurial profile, the planner or the administrator, takes this idea and develop it to check its viability. He is the one who writes the business plan (which normally the creative guy has no patience nor knowledge to do) and finally a third one, the executor entrepreneur, takes the business plan and the prototype and transform them into a business. The executor entrepreneur is normally focused on results, needs to make things happen, while not necessarily the creative and the planner have the 'hands on' skills.

     

    A good entrepreneurial project, so, demands the three profiles (among others) and those rarely come into the same person.

     

    Definitely being a creative person only does not make you a real entrepreneur. This is a very common confusion in the field I also try to mitigate.

     

    Marcos Hashimoto
    ( (5511) 4504-2300 - Ext 2713
    1
    Entrepreneurship Center

    * MarcosH@isp.edu.br

    www.ibmecsp.edu.br

    Quatá st, 300 - Vila Olimpia - SP

     


    De: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] Em nome de Jack Savidge
    Enviada em: terça-feira, 5 de dezembro de 2006 18:41
    Para: ENTREP@AOMLISTS.PACE.EDU
    Assunto: Re: [ENTREP] How to measure creativity in entrepreneurs

     

    Dick,

     

    Inventors, indeed, are few as new venture entrepreneurs. Their very nature is one of liking the distraction of new ideas – when starting a venture requires, to do it right, 110% focus. The tragic event is when the inventor perceives being  the entrepreneur to build a company around the idea, not relinquishing any responsibility to anyone. Result – the idea loses it's potential as the inventor will most likely not make it happen; the inventor loses because they are constrained by the venture's demands and can not move to the next idea; and society loses as both the idea and inventor are blocked from going forward. Less creative entrepreneurs need to "hang around" inventors, establish trust, be non-creatively threatening, and persuasive that together each one's skill can grow something beneficial to all.

     

    Jack Savidge

     

    From: Teach, Richard [mailto:Richard.Teach@mgt.gatech.edu]
    Sent: Tuesday, December 05, 2006 11:14 AM
    To: Jack Savidge; ENTREP@AOMLISTS.PACE.EDU
    Subject: RE: [ENTREP] How to measure creativity in entrepreneurs

     

    One often finds many "creative" individuals among inventors, but there seems to be few inventor-entrepreneurs.  While this is not an empty set, I have found it to be sparsely populated.  Entrepreneurs often join with an inventor, but in most of these cases, the inventor plays a "technology advisor's" role.

    Dick Teach

     


    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Jack Savidge
    Sent: Thursday, November 30, 2006 11:47 PM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: Re: [ENTREP] How to measure creativity in entrepreneurs

     

    Ricardo,

     

    May I comment that creativity is not a necessary quality to become an entrepreneur. Being creative and starting a business, however, do require risk tolerant characteristics. There is a tool that does measure risk tolerance versus risk aversion called the "Kirton Adaption – Innovation Inventory" found at  www.kaicentre.com/  While the main use of the testing is to identify individuals to create balanced teams, a particular practitioner Idea Connections Systems -  www.innovating.com/ser_instruments.html  - has measured the risk characteristics of entrepreneurs for more than twenty years to derive a rich data base against which to compare "new entrepreneurs."

     

    In a business context the creative idea is but the 1st step toward a viable enterprise. One person may be creative but lack the characteristics to covert that idea into a potentially valuable innovation – requiring reduction to practice, feasibility and demonstrability. It is rare the same individual can both invent/create and innovate much less move to the next process step of development, business planning and commercialization. Creating equals high risk (one fails far more than succeeds), innovating equals discipline or less risk. Knowing what we are looking for at which evolutionary stage in the birth of enterprise leads to selecting the proper measuring tools.

     

    Good luck,

     

    Jack Savidge

    Deputy Director

    The von Liebig Center

    Univ. of California, San Diego

    jsavidge@ucsd.edu

        

     

    From: Entrepreneurship Division Listserv [mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Ricardo Jesús Bolaños Barrera
    Sent: Wednesday, November 29, 2006 9:13 AM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: [ENTREP] How to measure creativity in entrepreneurs

     

    Those any one has an instrument to measure creativity in the entrepreneur?

     

    Not the innovation in the business, but the creativity in the person.

     

    Best regards

    Ing. Ricardo Bolaños Barrera (ricardob@itesm.mx)
    Director de la Incubadora de Empresas
    División de Posgrados e Investigacion
    Tecnológico de Monterrey, Campus Estado de México


    Teléfono: (5255) 5864.5555 extensión 3464
    Fax: (5255) 5864.5779
    enlace-intercampus: 80.236.3464,
    http://www.itesm.mx

    El contenido de este mensaje de datos no se considera oferta, propuesta o acuerdo, sino hasta que sea confirmado en documento por escrito que contenga la firma autógrafa del apoderado legal del ITESM. El contenido de este mensaje de datos es confidencial y se entiende dirigido y para uso exclusivo del destinatario, por lo que no podrá distribuirse y/o difundirse por ningún medio sin la previa autorización del emisor original. Si usted no es el destinatario, se le prohíbe su utilización total o parcial para cualquier fin.

    The content of this data transmission must not be considered an offer, proposal, understanding or agreement unless it is confirmed in a document signed by a legal representative of ITESM. The content of this data transmission is confidential and is intended to be delivered only to the addressees. Therefore, it shall not be distributed and/or disclosed through any means without the authorization of the original sender. If you are not the addressee, you are forbidden from using it, either totally or partially, for any purpose.

     

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!


  • 3.  Collective entrepreneurship

    Posted 12-08-2006 12:56

    Note that I reply to the whole forum list as your comments are very central to this discussion.

     

    We must consider why venture capitalists or corporate sponsors invest in the potential of a new business. It starts with the passion of an individual who has seized an idea, reshaped with by risk-taking thinking and their rudimentary construction of an imagined commercial outcome. That individual, the entrepreneur, is the "we can do it" catalyst attractant of team people, money, urgency and persistence that, perhaps, will cause the launch of a new initiative. The conclusion that teams perform better during the development phase is correct. Nothing, however, begins as the output of team.  

     

    Internal corporate venturing has be dissected in several books chronicling success and failure. As a former expert assisting very large companies to cope with the disruptive environment caused by internal ventures, the lessons learned are that internal entrepreneurs and their nascent initiatives must be nurtured to protect them from the corporate immune system whose purpose is destroy foreign bodies of the status quo. It is the zeal of the founder/entrepreneur that urges forward motion at great personal risk. Corporate venturing mentors and political advocates are the key to successful internal venturing.

     

    Jack Savidge

    Deputy Director, The vonLiebig Center

    Univ. of Cal., San Diego     

    jsavidge@ucsd.edu

     

    From: Prof. Dr. Hans Georg Gemuenden [mailto:hans.gemuenden@tim.tu-berlin.de]
    Sent: Friday, December 08, 2006 8:20 AM
    To: MarcosH@ibmec.br; Jack Savidge
    Subject: Fwd: Re: [ENTREP] Collective entrepreneurship

     

    We have done research on crossfuncational teams in new product development, on entrepreneurial teams, and on key roles in innovation management

    From this research on high-tech start-ups we know that - in the average - entrepreneurial teams perform better than single founders that financial, controlling and marketing competences become more important during the development of the firm
    and that innovations in large firms are usually not done by single inventors, but by teams of informal alliances of champions or promotors as they are called in Germany, and we have empirically analysed power promotors (executives), process promotors, market promotors (b2b-relationship promotors), expert promotors and technological gatekeepers, these persons are usually linked by social networks which are quite stable

    best regards
    hans georg gemünden



    X-Sieve: CMU Sieve 2.2
    Approved-By: jbunch@BENEDICTINE.EDU
    X-Mailer: Microsoft Office Outlook 12.0
    Thread-index: AccZ/ROfb0DWrqK+RNKIiin0nKj93gAHzA/g
    X-YMail-OSG: t4D5egwVM1mp3QULwKZbA_1RyYtN8rTftWgM2b5qedGI92hrrEcqbrvF2dEkNShub241TQDpoMNoyKuOlhF.rMHQOIoOdlK4kBHEx8chfAaVJGm657eg2ErszN46rCVVyXKG.4arR_lqMFA-
    X-pstn-levels: (S:99.90000/99.90000 R:95.9108 P:95.9108 M:97.0282 C:98.6951 )
    X-pstn-settings: 3 (1.0000:1.0000) s gt3 gt2 gt1 r p m c
    X-pstn-addresses: from <jsavidge@pacbell.net> [45/2]
    Date:         Thu, 7 Dec 2006 21:26:27 -0800
    Reply-To:     Jack Savidge <jsavidge@PACBELL.NET>
    Sender:       Entrepreneurship Division Listserv <ENTREP@AOMLISTS.PACE.EDU>
    From:         Jack Savidge <jsavidge@PACBELL.NET>
    Subject: Re: [ENTREP] Collective entrepreneurship
    Comments: To: Marcos Hashimoto <MarcosH@ibmec.br>
    To:           ENTREP@AOMLISTS.PACE.EDU
    List-Help: < http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>,
               < mailto:LISTSERV@AOMLISTS.PACE.EDU?body=INFO ENTREP>
    List-Unsubscribe: < mailto:ENTREP-unsubscribe-request@AOMLISTS.PACE.EDU>
    List-Subscribe: < mailto:ENTREP-subscribe-request@AOMLISTS.PACE.EDU>
    List-Owner: < mailto:ENTREP-request@AOMLISTS.PACE.EDU>
    List-Archive: < http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>
    X-Virus-Scanned: Sophos MailMonitor at mail.zrz.tu-berlin.de;
                     Fri, 08 Dec 2006 16:42:09 +0100
    X-Spam-Score: -2.4 (--)

    The statistics that stand the test of time are the "birth-failures" reported by the U.C. Small Business Administration. The newest report for 2005 results follows: www.sba.gov/advo/research/sb_econ2006.pdf This just supports the case for entrepreneurial training for each major evolutionary milestone from creative idea to 1st order to infrastructure and team building to management of finances and market expansion ...... Curricula must be modified to go beyond the business plan for start-up.
     
    Your profiles appear to address this need.
     
    Jack Savidge
    UCSD
    jsavidge@ucsd.edu
     
     
    From: Marcos Hashimoto [ mailto:MarcosH@ibmec.br]
    Sent: Thursday, December 07, 2006 4:44 AM
    To: 'Jack Savidge'; 'ENTREP@AOMLISTS.PACE.EDU'
    Subject: Collective entrepreneurship
     
    That's why I never believed in the figure of the lonely entrepreneur. For me, entrepreneurship is always collective, because it is very difficult to find the complete entrepreneur: good in having ideas, developing it, analysis the viability and establish a successful business from an invention. Normally, what we can find in successful stories is a good idea generated by the class of entrepreneur which could be considered the creative one.
     
    A second entrepreneurial profile, the planner or the administrator, takes this idea and develop it to check its viability. He is the one who writes the business plan (which normally the creative guy has no patience nor knowledge to do) and finally a third one, the executor entrepreneur, takes the business plan and the prototype and transform them into a business. The executor entrepreneur is normally focused on results, needs to make things happen, while not necessarily the creative and the planner have the 'hands on' skills.
     
    A good entrepreneurial project, so, demands the three profiles (among others) and those rarely come into the same person.
     
    Definitely being a creative person only does not make you a real entrepreneur. This is a very common confusion in the field I also try to mitigate.
     


    Marcos Hashimoto
    ( (5511) 4504-2300 - Ext 2713
    1 Entrepreneurship Center

    * MarcosH@isp.edu.br
    www.ibmecsp.edu.br
    Quatá st, 300 - Vila Olimpia - SP
     


    De: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU] Em nome de Jack Savidge
    Enviada em: terça-feira, 5 de dezembro de 2006 18:41
    Para: ENTREP@AOMLISTS.PACE.EDU
    Assunto: Re: [ENTREP] How to measure creativity in entrepreneurs
     
    Dick,
     
    Inventors, indeed, are few as new venture entrepreneurs. Their very nature is one of liking the distraction of new ideas – when starting a venture requires, to do it right, 110% focus. The tragic event is when the inventor perceives being  the entrepreneur to build a company around the idea, not relinquishing any responsibility to anyone. Result – the idea loses it's potential as the inventor will most likely not make it happen; the inventor loses because they are constrained by the venture's demands and can not move to the next idea; and society loses as both the idea and inventor are blocked from going forward. Less creative entrepreneurs need to "hang around" inventors, establish trust, be non-creatively threatening, and persuasive that together each one's skill can grow something beneficial to all.
     
    Jack Savidge
     
    From: Teach, Richard [ mailto:Richard.Teach@mgt.gatech.edu]
    Sent: Tuesday, December 05, 2006 11:14 AM
    To: Jack Savidge; ENTREP@AOMLISTS.PACE.EDU
    Subject: RE: [ENTREP] How to measure creativity in entrepreneurs
     
    One often finds many "creative" individuals among inventors, but there seems to be few inventor-entrepreneurs.  While this is not an empty set, I have found it to be sparsely populated.  Entrepreneurs often join with an inventor, but in most of these cases, the inventor plays a "technology advisor's" role.
    Dick Teach
     


    From: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Jack Savidge
    Sent: Thursday, November 30, 2006 11:47 PM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: Re: [ENTREP] How to measure creativity in entrepreneurs
     
    Ricardo,
     
    May I comment that creativity is not a necessary quality to become an entrepreneur. Being creative and starting a business, however, do require risk tolerant characteristics. There is a tool that does measure risk tolerance versus risk aversion called the "Kirton Adaption – Innovation Inventory" found at  www.kaicentre.com/  While the main use of the testing is to identify individuals to create balanced teams, a particular practitioner Idea Connections Systems -  www.innovating.com/ser_instruments.html  - has measured the risk characteristics of entrepreneurs for more than twenty years to derive a rich data base against which to compare "new entrepreneurs."
     
    In a business context the creative idea is but the 1st step toward a viable enterprise. One person may be creative but lack the characteristics to covert that idea into a potentially valuable innovation – requiring reduction to practice, feasibility and demonstrability. It is rare the same individual can both invent/create and innovate much less move to the next process step of development, business planning and commercialization. Creating equals high risk (one fails far more than succeeds), innovating equals discipline or less risk. Knowing what we are looking for at which evolutionary stage in the birth of enterprise leads to selecting the proper measuring tools.
     
    Good luck,
     
    Jack Savidge
    Deputy Director
    The von Liebig Center
    Univ. of California, San Diego
    jsavidge@ucsd.edu
     
     
    From: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU] On Behalf Of Ricardo Jesús Bolaños Barrera
    Sent: Wednesday, November 29, 2006 9:13 AM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: [ENTREP] How to measure creativity in entrepreneurs
     
    Those any one has an instrument to measure creativity in the entrepreneur?
     
    Not the innovation in the business, but the creativity in the person.
     
    Best regards

    Ing. Ricardo Bolaños Barrera (ricardob@itesm.mx)
    Director de la Incubadora de Empresas
    División de Posgrados e Investigacion
    Tecnológico de Monterrey, Campus Estado de México


    Teléfono: (5255) 5864.5555 extensión 3464
    Fax: (5255) 5864.5779
    enlace-intercampus: 80.236.3464,
    http://www.itesm.mx

    El contenido de este mensaje de datos no se considera oferta, propuesta o acuerdo, sino hasta que sea confirmado en documento por escrito que contenga la firma autógrafa del apoderado legal del ITESM. El contenido de este mensaje de datos es confidencial y se entiende dirigido y para uso exclusivo del destinatario, por lo que no podrá distribuirse y/o difundirse por ningún medio sin la previa autorización del emisor original. Si usted no es el destinatario, se le prohíbe su utilización total o parcial para cualquier fin.

    The content of this data transmission must not be considered an offer, proposal, understanding or agreement unless it is confirmed in a document signed by a legal representative of ITESM. The content of this data transmission is confidential and is intended to be delivered only to the addressees. Therefore, it shall not be distributed and/or disclosed through any means without the authorization of the original sender. If you are not the addressee, you are forbidden from using it, either totally or partially, for any purpose.
     
    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1
    If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!

    ==================================================
    Prof. Dr. Hans Georg Gemünden, Berlin University of Technology
    Chair of Technology and Innovation Management
    Strasse des 17 Juni 135, H71, 10623 Berlin
    phone:           ++ 49 30/314-26 090
    fax:                 ++ 49-30/314-26 089

    e-mail: hans.gemuenden@tim.tu-berlin.de
    http://www.tim.tu-berlin.de/

    Prof. Dr. Hans Georg Gemünden, TU Berlin
    Fakultaet VIII Wirtschaft und Management
    Institut für Technologie und Management
    Lehrstuhl für Technologie- und Innovationsmanagement
    Strasse des 17 Juni 135, H71, 10623 Berlin
    ==================================================

    ************************************** This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management. Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list. You can manage your subscription options, including joining or leaving the list here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1 If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu. Ventures HO!


  • 4.  Collective entrepreneurship

    Posted 12-08-2006 16:16
    Effective corporate venturing flows from the CEO's office giving permission.
    encouragement and warnings to the politically driven management that the
    company will embrace, protect and reward internal entrepreneurs. In
    Machiavellian terms, without the strong King telling the feudal Barons this
    is what is wanted and needed the Barons (VP's and division heads) will
    politically destroy the venturing activity. Without a top-down mandate any
    internal venturing initiative is doomed. Now to your question of why anyone
    would take such a risk?



    People will risk when the perceived rewards are greater than the perceived
    risk. The effective perceived rewards are (1) the creation of a new
    organizational entity with the company, with the potential that the
    entrepreneur may gain advancement to run the entity ... the "star" system
    which was the innovating force of the 3M Company; and/or (2) a financial
    reward accruing from the purchase of the internal "start-up" by an existing
    department, or a divestment sale to an outside purchaser. Letters of
    congratulation, acclaim by peers and superiors, a two week vacation all fall
    far short of sufficient reward for the risk. Career advancement, real money
    or the opportunity to take the venture outside is worth the risk - or
    developing the idea is just part of the daily job.



    Jack Savidge

    UCSD

    jsavidge@ucsd.edu



    From: Marcos Hashimoto [mailto:MarcosH@ibmec.br]
    Sent: Friday, December 08, 2006 12:09 PM
    To: jsavidge@pacbell.net; 'Prof. Dr. Hans Georg Gemuenden';
    ENTREP@AOMLISTS.PACE.EDU
    Subject: RES: Re: [ENTREP] Collective entrepreneurship



    Your point is absolutely relevant. Corporate entrepreneurship is currently
    my specialty and today I am studying the application of Institutional Theory
    and Agency Theory to Corporate Entrepreneurship. In fact, IT researchers had
    found two distinct behavior in organizations: Induced or autonomous
    (Ferreira J or Heller T). The autonomous behavior in CE happens when an
    individual's initiative starts a new venture, independently from the
    organization's efforts to promote such initiatives from their employees. The
    induced behavior happens when the organization promotes several policies,
    rules and internal campaigns to stimulate their employees to come up with
    ideas that could become new ventures. Although both requires a team for an
    idea to be fully developed and implemented, the way it is arranged
    internally is completely different as one is informal and other is a formal
    approach under the organizational point of view. In the first case, the
    entrepreneur takes the risk (including the risk to be fired), while the
    other case the risk is assumed by the corporation. I would like to
    understand why an individual would take such risk in a project conceived to
    benefit the corporation only or just in some cases, former job coleagues. I
    have several examples but could not find a correlation on their
    behaviors/motivations.



    Marcos



    _____

    De: Jack Savidge [mailto:jsavidge@pacbell.net]
    Enviada: sex 8/12/2006 15:55
    Para: 'Prof. Dr. Hans Georg Gemuenden'; Marcos Hashimoto;
    ENTREP@AOMLISTS.PACE.EDU
    Assunto: RE: Re: [ENTREP] Collective entrepreneurship

    Note that I reply to the whole forum list as your comments are very central
    to this discussion.



    We must consider why venture capitalists or corporate sponsors invest in the
    potential of a new business. It starts with the passion of an individual who
    has seized an idea, reshaped with by risk-taking thinking and their
    rudimentary construction of an imagined commercial outcome. That individual,
    the entrepreneur, is the "we can do it" catalyst attractant of team people,
    money, urgency and persistence that, perhaps, will cause the launch of a new
    initiative. The conclusion that teams perform better during the development
    phase is correct. Nothing, however, begins as the output of team.



    Internal corporate venturing has be dissected in several books chronicling
    success and failure. As a former expert assisting very large companies to
    cope with the disruptive environment caused by internal ventures, the
    lessons learned are that internal entrepreneurs and their nascent
    initiatives must be nurtured to protect them from the corporate immune
    system whose purpose is destroy foreign bodies of the status quo. It is the
    zeal of the founder/entrepreneur that urges forward motion at great personal
    risk. Corporate venturing mentors and political advocates are the key to
    successful internal venturing.



    Jack Savidge

    Deputy Director, The vonLiebig Center

    Univ. of Cal., San Diego

    jsavidge@ucsd.edu



    From: Prof. Dr. Hans Georg Gemuenden
    [mailto:hans.gemuenden@tim.tu-berlin.de]
    Sent: Friday, December 08, 2006 8:20 AM
    To: MarcosH@ibmec.br; Jack Savidge
    Subject: Fwd: Re: [ENTREP] Collective entrepreneurship



    We have done research on crossfuncational teams in new product development,
    on entrepreneurial teams, and on key roles in innovation management

    From this research on high-tech start-ups we know that - in the average -
    entrepreneurial teams perform better than single founders that financial,
    controlling and marketing competences become more important during the
    development of the firm
    and that innovations in large firms are usually not done by single
    inventors, but by teams of informal alliances of champions or promotors as
    they are called in Germany, and we have empirically analysed power promotors
    (executives), process promotors, market promotors (b2b-relationship
    promotors), expert promotors and technological gatekeepers, these persons
    are usually linked by social networks which are quite stable

    best regards
    hans georg gemünden




    X-Sieve: CMU Sieve 2.2
    Approved-By: jbunch@BENEDICTINE.EDU
    X-Mailer: Microsoft Office Outlook 12.0
    Thread-index: AccZ/ROfb0DWrqK+RNKIiin0nKj93gAHzA/g
    X-YMail-OSG:
    t4D5egwVM1mp3QULwKZbA_1RyYtN8rTftWgM2b5qedGI92hrrEcqbrvF2dEkNShub241TQDpoMNo
    yKuOlhF.rMHQOIoOdlK4kBHEx8chfAaVJGm657eg2ErszN46rCVVyXKG.4arR_lqMFA-
    X-pstn-levels: (S:99.90000/99.90000 R:95.9108 P:95.9108 M:97.0282 C:98.6951
    )
    X-pstn-settings: 3 (1.0000:1.0000) s gt3 gt2 gt1 r p m c
    X-pstn-addresses: from <jsavidge@pacbell.net> [45/2]
    Date: Thu, 7 Dec 2006 21:26:27 -0800
    Reply-To: Jack Savidge <jsavidge@PACBELL.NET>
    Sender: Entrepreneurship Division Listserv <ENTREP@AOMLISTS.PACE.EDU>
    From: Jack Savidge <jsavidge@PACBELL.NET>
    Subject: Re: [ENTREP] Collective entrepreneurship
    Comments: To: Marcos Hashimoto <MarcosH@ibmec.br>
    To: ENTREP@AOMLISTS.PACE.EDU
    List-Help: < <http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>
    http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>,
    < <mailto:LISTSERV@AOMLISTS.PACE.EDU%3Fbody=INFO%20ENTREP>
    mailto:LISTSERV@AOMLISTS.PACE.EDU?body=INFO ENTREP>
    List-Unsubscribe: < <mailto:ENTREP-unsubscribe-request@AOMLISTS.PACE.EDU>
    mailto:ENTREP-unsubscribe-request@AOMLISTS.PACE.EDU>
    List-Subscribe: < <mailto:ENTREP-subscribe-request@AOMLISTS.PACE.EDU>
    mailto:ENTREP-subscribe-request@AOMLISTS.PACE.EDU>
    List-Owner: < <mailto:ENTREP-request@AOMLISTS.PACE.EDU>
    mailto:ENTREP-request@AOMLISTS.PACE.EDU>
    List-Archive: < <http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>
    http://aomlists.pace.edu/scripts/wa.exe?LIST=ENTREP>
    X-Virus-Scanned: Sophos MailMonitor at mail.zrz.tu-berlin.de;
    Fri, 08 Dec 2006 16:42:09 +0100
    X-Spam-Score: -2.4 (--)

    The statistics that stand the test of time are the "birth-failures" reported
    by the U.C. Small Business Administration. The newest report for 2005
    results follows: www.sba.gov/advo/research/sb_econ2006.pdf This just
    supports the case for entrepreneurial training for each major evolutionary
    milestone from creative idea to 1st order to infrastructure and team
    building to management of finances and market expansion ...... Curricula
    must be modified to go beyond the business plan for start-up.

    Your profiles appear to address this need.

    Jack Savidge
    UCSD
    jsavidge@ucsd.edu


    From: Marcos Hashimoto [ <mailto:MarcosH@ibmec.br> mailto:MarcosH@ibmec.br]

    Sent: Thursday, December 07, 2006 4:44 AM
    To: 'Jack Savidge'; 'ENTREP@AOMLISTS.PACE.EDU'
    Subject: Collective entrepreneurship

    That's why I never believed in the figure of the lonely entrepreneur. For
    me, entrepreneurship is always collective, because it is very difficult to
    find the complete entrepreneur: good in having ideas, developing it,
    analysis the viability and establish a successful business from an
    invention. Normally, what we can find in successful stories is a good idea
    generated by the class of entrepreneur which could be considered the
    creative one.

    A second entrepreneurial profile, the planner or the administrator, takes
    this idea and develop it to check its viability. He is the one who writes
    the business plan (which normally the creative guy has no patience nor
    knowledge to do) and finally a third one, the executor entrepreneur, takes
    the business plan and the prototype and transform them into a business. The
    executor entrepreneur is normally focused on results, needs to make things
    happen, while not necessarily the creative and the planner have the 'hands
    on' skills.

    A good entrepreneurial project, so, demands the three profiles (among
    others) and those rarely come into the same person.

    Definitely being a creative person only does not make you a real
    entrepreneur. This is a very common confusion in the field I also try to
    mitigate.

    <http://www.ibmecsp.edu.br> []

    Marcos Hashimoto
    ( (5511) 4504-2300 - Ext 2713
    1 Entrepreneurship Center

    * MarcosH@isp.edu.br
    www.ibmecsp.edu.br <http://www.ibmecsp.edu.br/>
    Quatá st, 300 - Vila Olimpia - SP


    _____

    De: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU
    <mailto:ENTREP@AOMLISTS.PACE.EDU> ] Em nome de Jack Savidge
    Enviada em: terça-feira, 5 de dezembro de 2006 18:41
    Para: ENTREP@AOMLISTS.PACE.EDU
    Assunto: Re: [ENTREP] How to measure creativity in entrepreneurs

    Dick,

    Inventors, indeed, are few as new venture entrepreneurs. Their very nature
    is one of liking the distraction of new ideas - when starting a venture
    requires, to do it right, 110% focus. The tragic event is when the inventor
    perceives being the entrepreneur to build a company around the idea, not
    relinquishing any responsibility to anyone. Result - the idea loses it's
    potential as the inventor will most likely not make it happen; the inventor
    loses because they are constrained by the venture's demands and can not move
    to the next idea; and society loses as both the idea and inventor are
    blocked from going forward. Less creative entrepreneurs need to "hang
    around" inventors, establish trust, be non-creatively threatening, and
    persuasive that together each one's skill can grow something beneficial to
    all.

    Jack Savidge

    From: Teach, Richard [ <mailto:Richard.Teach@mgt.gatech.edu>
    mailto:Richard.Teach@mgt.gatech.edu]
    Sent: Tuesday, December 05, 2006 11:14 AM
    To: Jack Savidge; ENTREP@AOMLISTS.PACE.EDU
    Subject: RE: [ENTREP] How to measure creativity in entrepreneurs

    One often finds many "creative" individuals among inventors, but there seems
    to be few inventor-entrepreneurs. While this is not an empty set, I have
    found it to be sparsely populated. Entrepreneurs often join with an
    inventor, but in most of these cases, the inventor plays a "technology
    advisor's" role.
    Dick Teach


    _____

    From: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU
    <mailto:ENTREP@AOMLISTS.PACE.EDU> ] On Behalf Of Jack Savidge
    Sent: Thursday, November 30, 2006 11:47 PM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: Re: [ENTREP] How to measure creativity in entrepreneurs

    Ricardo,

    May I comment that creativity is not a necessary quality to become an
    entrepreneur. Being creative and starting a business, however, do require
    risk tolerant characteristics. There is a tool that does measure risk
    tolerance versus risk aversion called the "Kirton Adaption - Innovation
    Inventory" found at www.kaicentre.com/ While the main use of the testing
    is to identify individuals to create balanced teams, a particular
    practitioner Idea Connections Systems -
    www.innovating.com/ser_instruments.html - has measured the risk
    characteristics of entrepreneurs for more than twenty years to derive a rich
    data base against which to compare "new entrepreneurs."

    In a business context the creative idea is but the 1st step toward a viable
    enterprise. One person may be creative but lack the characteristics to
    covert that idea into a potentially valuable innovation - requiring
    reduction to practice, feasibility and demonstrability. It is rare the same
    individual can both invent/create and innovate much less move to the next
    process step of development, business planning and commercialization.
    Creating equals high risk (one fails far more than succeeds), innovating
    equals discipline or less risk. Knowing what we are looking for at which
    evolutionary stage in the birth of enterprise leads to selecting the proper
    measuring tools.

    Good luck,

    Jack Savidge
    Deputy Director
    The von Liebig Center
    Univ. of California, San Diego
    jsavidge@ucsd.edu


    From: Entrepreneurship Division Listserv [ mailto:ENTREP@AOMLISTS.PACE.EDU
    <mailto:ENTREP@AOMLISTS.PACE.EDU> ] On Behalf Of Ricardo Jesús Bolaños
    Barrera
    Sent: Wednesday, November 29, 2006 9:13 AM
    To: ENTREP@AOMLISTS.PACE.EDU
    Subject: [ENTREP] How to measure creativity in entrepreneurs

    Those any one has an instrument to measure creativity in the entrepreneur?

    Not the innovation in the business, but the creativity in the person.

    Best regards

    Ing. Ricardo Bolaños Barrera (ricardob@itesm.mx)
    Director de la Incubadora de Empresas
    División de Posgrados e Investigacion
    Tecnológico de Monterrey, Campus Estado de México


    Teléfono: (5255) 5864.5555 extensión 3464
    Fax: (5255) 5864.5779
    enlace-intercampus: 80.236.3464,
    http://www.itesm.mx

    El contenido de este mensaje de datos no se considera oferta, propuesta o
    acuerdo, sino hasta que sea confirmado en documento por escrito que contenga
    la firma autógrafa del apoderado legal del ITESM. El contenido de este
    mensaje de datos es confidencial y se entiende dirigido y para uso exclusivo
    del destinatario, por lo que no podrá distribuirse y/o difundirse por ningún
    medio sin la previa autorización del emisor original. Si usted no es el
    destinatario, se le prohíbe su utilización total o parcial para cualquier
    fin.

    The content of this data transmission must not be considered an offer,
    proposal, understanding or agreement unless it is confirmed in a document
    signed by a legal representative of ITESM. The content of this data
    transmission is confidential and is intended to be delivered only to the
    addressees. Therefore, it shall not be distributed and/or disclosed through
    any means without the authorization of the original sender. If you are not
    the addressee, you are forbidden from using it, either totally or partially,
    for any purpose.

    ************************************** This message is from ENTREP which is
    sponsored by the Entrepreneurship Division of the Academy of Management.
    Please do not post messages with attached files. Commercial messages or
    spammed messages are not allowed on the list. The use of auto-responder
    "out-of-office" messages may also lead to your removal from the list. You
    can manage your subscription options, including joining or leaving the list
    here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep
    <http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1> &A=1 If you have
    questions or need help, please contact Dr. John Bunch
    jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is
    sponsored by the Entrepreneurship Division of the Academy of Management.
    Please do not post messages with attached files. Commercial messages or
    spammed messages are not allowed on the list. The use of auto-responder
    "out-of-office" messages may also lead to your removal from the list. You
    can manage your subscription options, including joining or leaving the list
    here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep
    <http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1> &A=1 If you have
    questions or need help, please contact Dr. John Bunch
    jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is
    sponsored by the Entrepreneurship Division of the Academy of Management.
    Please do not post messages with attached files. Commercial messages or
    spammed messages are not allowed on the list. The use of auto-responder
    "out-of-office" messages may also lead to your removal from the list. You
    can manage your subscription options, including joining or leaving the list
    here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep
    <http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1> &A=1 If you have
    questions or need help, please contact Dr. John Bunch
    jbunch@benedictine.edu. Ventures HO!
    ************************************** This message is from ENTREP which is
    sponsored by the Entrepreneurship Division of the Academy of Management.
    Please do not post messages with attached files. Commercial messages or
    spammed messages are not allowed on the list. The use of auto-responder
    "out-of-office" messages may also lead to your removal from the list. You
    can manage your subscription options, including joining or leaving the list
    here: http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep
    <http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1> &A=1
    If you have questions or need help, please contact Dr. John Bunch
    jbunch@benedictine.edu. Ventures HO!

    ==================================================
    Prof. Dr. Hans Georg Gemünden, Berlin University of Technology
    Chair of Technology and Innovation Management
    Strasse des 17 Juni 135, H71, 10623 Berlin
    phone: ++ 49 30/314-26 090
    fax: ++ 49-30/314-26 089

    e-mail: hans.gemuenden@tim.tu-berlin.de
    http://www.tim.tu-berlin.de/

    Prof. Dr. Hans Georg Gemünden, TU Berlin
    Fakultaet VIII Wirtschaft und Management
    Institut für Technologie und Management
    Lehrstuhl für Technologie- und Innovationsmanagement
    Strasse des 17 Juni 135, H71, 10623 Berlin
    ==================================================


    **************************************
    This message is from ENTREP which is sponsored by the Entrepreneurship Division of the Academy of Management.

    Please do not post messages with attached files. Commercial messages or spammed messages are not allowed on the list. The use of auto-responder "out-of-office" messages may also lead to your removal from the list.

    You can manage your subscription options, including joining or leaving the list here:
    http://aomlists.pace.edu/scripts/wa.exe?SUBED1=entrep&A=1

    If you have questions or need help, please contact Dr. John Bunch jbunch@benedictine.edu.

    Ventures HO!