Part of the IBC course:
I would like to take one last opportunity to base one of my last posts during our IBC course on yet another unconventional strategy that I think would be rewarding for the reader. I decided to write this post opposing the post of another IBC student based on the course literature and my comments/ his comments to that particular theory regarding Innovation. The theory is presented in our course book “Entrepreneurship: Successfully Launching New Ventures” by Barringer and Ireland (2008). The authors along with my colleague’s support, claim that small firms are twice as entrepreneurial per employee than big firms > 500. My feedback to this is that I see common sense in this statement based on several logical reasons, but also challenge in actually fully supporting this claim. Big firms have the experience of being small firms before they became big, steady and sometimes unfortunately, still. However my point would be to challenge this theory in saying that big firms and their employees are innovative on a bigger scale than small firms, especially, when circumstances require innovation and when there is organizational support for creativity.
Part of the blog’s information was retrieved from: http://entrepreneurial-mind.blogspot.com/2010/09/importance-of-entrepreneurship-and.html#comments