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Entrepreneurial Orientation: Lumpkin and Desss (1996) concept of an Entrepreneurial Orientation EO consists of processes, structures, and/or behaviors that can be described as: Aggressive Innovative Proactive Risk taking Autonomy Seeking
Nelson and Winter (1982) note that some firms may benefit more from imitation than from innovation. An imitation strategy, however, does not preclude proactiveness, risk-taking, or other forms of entrepreneurial processes and behaviors.
Trust your instincts, and make judgements on what your heart tells you. The heart will not betray you. David Gemmell, Fall of Kings Whenever you see a successful business, someone once made a courageous decision. Peter F. Drucker The best way to predict the future is to create it. - Peter Drucker The true entrepreneur is a doer, not a dreamer. Nolan Bushnell
Its fine to celebrate success but it is more important to heed the lessons of failure. - Bill Gates The most valuable thing you can make is a mistake- you cant learn anything from being perfect. - Adam Osborne Innovation is the specific instrument of entrepreneurship...the act that endows resources with a new capacity to create wealth. Peter F. Drucker