Explain creative disruption and entrepreneurial culture

Assignment Help Macroeconomics

Reference no: EM13176328

Creative Disruption

Discuss the impacts that entrepreneurship and creative disruption have on existing organizations and the workforce (i.e. machines replacing workers, new skills required due to technological innovation, etc.). Should entrepreneurs be concerned with the possibility that his/her innovation might eliminate the need for certain skills or result in the loss of jobs?

Entrepreneurial Culture

Identify an organization with a visible entrepreneurial culture. How has the culture contributed toward organizational performance? For example: The company, 3M, values innovation and encourages employees to experiment on company time. Then, if the experimentation results in an innovation, the company allows the employee to work on the project team for the innovation and provides a monetary reward to the employee for his/her creativity.
Now think about the entrepreneurial level of the culture in your own organization. What structures or processes promote entrepreneurship? What structures of processes hinder entrepreneurship?

Reference no: EM13176328

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