Week 14 Reading Reflection

Hey everyone,

This is once again my weekly post dedicated to our assigned reading reflections. This week's reading comes from our Entrepreneurship book written by Donald F. Kuratko. The chapters covered in the book were 3&4 titled, "The Entrepreneurial Mind-Set in Organizations" and "Social Entrepreneurship and the Global Environment for Entrepreneurship".

This was not so much a surprise, but a different way of looking at things, was talking about entrepreneurship for a corporate perspective. For the majority of the readings and of the class itself, the entrepreneurial experience and been based on the view of a singular person. However, I enjoyed reading about the ways in which top management and corporations strive to promote entrepreneurship among its members. I was unaware of the concept of "I-Teams" that are created within corporations to complete entrepreneurial creations and tasks that align with the goals of the overall corporation. I was also unfamiliar with the term "intracapital", and I had no idea that companies set aside capital for the entrepreneurial ventures of its teams and employees. From the second chapter, I was surprised by the talk of "Ecopreneurship". I was surprised that the concepts of "green capitalism" and "sustainable development" were so heavily intertwined with the entrepreneurship community as well.

The part of this week's reading that was confusing to me had to be the section that was titled, "Corporate Entrepreneurship Strategy". This was due to the breadth of relationships between departments within the corporate structure. I tried to look at Figure 3.2 for reference, but it continued to muddle things for me. Overall, this concept would be much better explained to me by an entrepreneur, than explained by long paragraphs and an intricate chart.

Two questions that I would like to ask the author:

#1. If you are thinking about entering a foreign market that looks promising from an economic perspective, but the social situation is not very stable, how do you know whether or not to invest or proceed?

#2. What are some specific activities that top management would present to their employees in order to build a sense of entrepreneurship and innovativeness within the office?

Throughout both readings, I felt that Kuratko did a very good job of explaining himself, and I did not find anything that I disagreed with him on. Due to his objectivity throughout the text, I cannot really argue with his points, unless I would like to falsify him, but honestly, I cannot do that at this point.

Until next time,

-Bryce