The section I found most interesting in the reading was actually at the very beginning in the section talking about how entrepreneurs need to create an innovative environment for their employees. By setting innovation goals, creating a feedback system and giving positive reinforcement, emphasizing individual responsibility, providing rewards and not punishing failures, entrepreneurs can effectively create an environment that would propel their business into the future. I think this tactic is very smart and I wouldn't have thought about it previously.
I didn't really find anything about the reading to be confusing. It seems clear to me that an entrepreneur needs to not only set an appropriate environment in their workplace to foster innovation, they need to plan a long-term strategy to help guide those in the company towards an innovative goal.
If I was able to ask two questions to the author, they would be 1) what circumstances would corporate entrepreneurship and social entrepreneurship work best, and 2) what are some tips to creating a freely innovative work environment?
I didn't really disagree with anything in the reading. I agree with the author in that an entrepreneur's innovation doesn't stop after he or she becomes successful. An entrepreneur needs to continue this upward motion of innovation by creating a workplace environment that fosters innovations for the future growth of the company. Social and corporate entrepreneurship are also great strategies to develop in order to ensure the future of the company stays bright.
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