MIT 15.390 New Enterprises, Fall 2013
View the complete course: http://ocw.mit.edu/15-390F13
Instructor: Bill Aulet
In this video, two dramatically different types of entrepreneurship are discussed: Small and Medium Enterprise Entrepreneurship (SME) and Innovation Driven Enterprise Entrepreneurship (IDE) and what this distinction means for aspiring entrepreneurs.
License: Creative Commons BY-NC-SA
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SME can be innovative too.. btw nice .
Enjoyed your video!
[Video] What is #Entrepreneurship
Guys Check out this course on Online tools for Entrepreneurs 😀
http://ufaber.com/course/online-tools-entrepreneurs-best-possible-tools-successful-business/
SME = mom n' pop shop
IDE = franchised company or corperation
1. SME can go Franchise and become Global or Super Region.
2. SME are based on Innovation "maybe no digital". They create Innovation for the local accessible market first, then expand to a larger markets.
3. IDE can also be family/single own, and don't always rely on investors.
You are after the fact rationalizing from a limited group and limited experience.
I'm still in the SME, but trying to move IDE though it's tough…
modern entrepreneurship is defined by a certain way of making money, it begins with seed capital and ends with M&A and IPO/LBO. And it requires a certain management style and mindset.
On the other hand, SMEs aren't entrepreneurial enterprises, because they tend to focus on cash flow rather than growth, sales rather than innovation, local market share rather than new markets.
Unless the SME is managed in an entrepreneurial way, it's called a business not a start-up, and the owners are called business owners or business men, not entrepreneurs.
Sir you're contradicting most of the modern research findings with your explanation
(Video) MIT: Apakah Entrepreneurship itu? http://goo.gl/HZJozC
Very informative, thank you very much.
Video introductorio al concepto de Emprendimiento por profesor del MIT, Phd Bill Aulet.
lol
cool
I love the fact that we have the ability to learn mostly anything at our own will and ability. ..
Beautiful. well explained in simple way
What is Entrepreneurship http://buff.ly/1h50eeq #sme #ide #startups
Nice video…very well explained.
Ideological attempt to harness ambitions and neuroses for "good"?