ESCP Business School:Entrepreneurship, Class notes (incl. Examples & Cases), ISBN: 9781843769965
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Course
Entrepreneurship
Institution
ESCP Europe (ESCP)
Book
A General Theory of Entrepreneurship
These class notes were taken in 2018 in the course called "Entrepreneurship (-Hop)" a Third Year Bachelor in Management course at ESCP Europe. The bundle of documents includes all sessions numbered from 1 to 7, including examples and case studies. Each document includes graphs and explanations care...
Entrepreneurship Different Types [Session 7] 19/03/2019
1. Entrepreneurship types 1. Small business self-employment
▪ Social ▪ Example: Italy 🡪 unemployment / self-employment correlation
▪ Start-Ups ▪ Not high impact employment; but small – helps people to survive
▪ Ventures of big companies without or weak social system
▪ Academic entrepreneurship ▪ Correlated with migrant entrepreneurship
▪ small business self-employment ▪ Migrants in Germany coming from in case of self-employment:
[= plumbers, restaurants etc. – not about changing the world rather about Ireland/UK; Iran only on 7th – rather people coming from high-income
surviving etc.] countries [Reason: not part of EU to have access to the market,
▪ Digital Entrepreneurship education]
▪ Green-Tech Entrepreneurship
▪ Migrant Entrepreneurship [=Turkish people inventing Kebab in Berlin/ 2. Start-ups
nail stores run by Asian people] ▪ Scalable Start-Up Entrepreneurship
▪ Senior Entrepreneurship
▪ Necessity Entrepreneurship [= otherwise unemployment risk]
Entrepreneurship types by Steve Blank
3. Corporate Entrepreneurship
[= Ventures of big companies]
▪ Various hurdles keep companies from being more entrepreneurial
Categories ▪ Example: Gore-Tex / DuPont
1 | Seite
, Entrepreneurship Different Types [Session 7] 19/03/2019
🡪 1950: Chemist Wilbert Gore, while working at DuPont, discovers a
new type of plastic (the basis for Gore-Tex products)
🡪 While the innovation existed within the company DuPont, the
company could not exploit it, so Gore decided to found his own
business: W.L.Gore & Associates
🡪 loss of innovation opportunity / access to internal/limited
information
▪ Corporate Entrepreneurship: Various hurdles keep companies from
being more entrepreneurial:
Hierarchies, Rigid processes, Perdition bias, Bad failing culture
[= big companies don´t accept failure/ future in entrepreneurial is
unpredictable = perceived to be uncontrollable and too risky]
▪ Forms of corporate entrepreneurship
2 | Seite
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