Wednesday, January 2, 2013

Other definition of Entrepreneurship by Stevenson of Harvard Business School

I came across a new definition of entrepreneurship by Howard Stevenson of Harvard School of business:

"PURSUIT OF OPPORTUNITY WITHOUT REGARDS FOR RESOURCES CURRENTLY CONTROLLED"

It is very strategic (or non strategic).  Strategy means choice of resources and activities to achieve a goal.  Entrepreneurship here as defined is having zero or negative resources.  It is short of miracle.

It is a very out of the box, lateral thinking definition <from a business management standpoint>

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