Assignment title: Information
​Objective of the Assignment
The objective of this project is to examine the interaction between
an innovation, the implementing entrepreneur, and the
environmental considerations affecting the innovation's
introduction, implementation and success. This is a literature
review so must be structured in that way and draw on 10 or so
journal articles from entrepreneurship, innovation, business
enterprise, small business venture type journals and texts.
Task
As an individual you select a well-known entrepreneur (or
entrepreneurial team if you wish) who has been responsible for the
successful introduction of an innovation anywhere in the world,
there are many examples, eg Sir Richard Branson, Kerry Packer,
Steve Jobs or even from far history eg the inventor of the Telephone
or IBM. Entrepreneurs from China, Taiwan, Viet Nam, Malaysia,
Singapore, India, Philippines or other parts of Asia are important to
to be famous. The innovation may have resulted in a new start-up
venture or it may have been introduced within an established
organization or a major change e.g. Google or Facebook. Any
organization, empire, medical breakthrough, product or application
that captures your interest can be used as your example. Describe
the person characteristics, the market and opportunity, the
economic, cultural, social and organizational context, the business
and value proposition and how these interacted with the person
qualities that led to this innovation and success. For the industry
context, you can choose private/public, for profit/not for profit,
charitable, semi-government, start-up, spin-off or any other form of
industry including education, welfare or social or environmental
innovations that have bought benefit. Link your observations and
explanation about this innovator or entrepreneur to the literature
that explains their success or opportunities. The important task
here is analyse the situation by referring to scholarly work.
Write a Literature Review of any aspect of Innovation and
Entrepreneurship that explains the Case Study or Person you have
selected.
Identify the background that led to the emergence of the
opportunity for the innovation,
Explain how, and by whom, the opportunity was recognized,
Briefly outline the innovation itself,
implementation of the innovation. This description should
concentrate on the key capabilities or competencies and actions
that were critical for the innovation's commercialization and
subsequent implementation.
Support your observations by linking with the literature; that is use
articles from referee journals to examine and explain the
phenomena.
The articles will not likely be written on the case or person, though
you might find some. More likely you will general understanding
from the theory and practice of entrepreneurship applied to this
situation. So you will be generalising theory and empirical literature
to your case study.
In doing so you will be able to explain, and demonstrate your
understanding of how current knowledge of entrepreneurship theory
For your subsequent assignments 3 and 4, you will apply this
knowledge collectively subsequently in your groups as you plan a
new venture together.