Thursday, November 7, 2019

"Innovation and Entrepreneurship" by Peter Ducker


As an innovation student I thought it would be interesting to read Peter Drucker’s book Innovation and Entrepreneurship. I also would like to become an entrepreneur one day once I have made a sufficient amount of money. Enough about me lets dive into the book.

1)    What was the general theme or argument of the book?
The general theme of the book is to define innovation and entrepreneurship. But besides defining how they are different he also teaches how to use these skills. Both are very important. The difference between innovation is that you start small and it may take decades or years to be successful but you have to be patience and keep making improvements along the way.
2)    How did the book, in your opinion, connect with and enhance what you are learning in ENT 3003?
This book helped me better understand how innovation and entrepreneurship can be used together. I never truly understood what was different between these two until I read this book. Since I am minoring in innovation it is nice to know how it is different from if I were to major or minor in entrepreneurship.
3)    If you had to design an exercise for this class, based on the book you read, what would that exercise involve?
I would create an assignment to have students come up with 5 things that are innovative about their project. Some people do not see were the started and how far they have come. By looking back from where students started and where they are currently at they understand how they have grown. I feel that there is not a lot of reflection in this class besides the pitches.
4) What was your biggest surprise or 'aha' moment when reading the book? In other words, what did you learn that differed most from your expectations?
My biggest surprise is how much I use an innovative mindset and have strong entrepreneurship skills already. Although I knew that I have always wanted to be an entrepreneur I never knew how much innovative skills could help a product be successful. I am very good with being given something with basic qualities and expanding it into something knew with pizzazz.


2 comments:

  1. Daryl,
    Hearing about the book that you read was really interesting. I think that we have all grown in our ideas since the beginning of the class and that is important to every entrepreneur. What scares me is that after the business is created, will we fall into the same pitfalls as established companies in that they do not innovate. What an awful way to celebrate your success. I would think that would be just as bad as working a 9-5 and getting stuck in a rut. It is important that we recognize when we can innovate and make ourselves better. I am glad you enjoyed reading your book and found great advice. Like I said to Johnathan, I think I may have chosen the wrong book.

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  2. Hi Daryl,
    Great job tying all of the information and overall theme of the book together to create a cohesive post. I do think that we are all guilty of finding two terms that seem like they are the same and using them interchangeably even if they aren’t. Knowing the difference between being innovative and being an entrepreneur can help you to better market yourself to prospective jobs and business partners.

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