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    Employee Entrepreneurship: Different Models

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    keerthana_hassan
    The document discusses different models of employee entrepreneurship. It describes employee entrepreneurs as individuals who leave incumbent firms to start competing firms in the same industry. Industries with tacit knowledge like consulting and high tech see more employee entrepreneurship. The driving forces that motivate Indian employee entrepreneurs include the rewards of entrepreneurship like autonomy and financial independence, personal qualities, career growth, utilizing experience, and non-monetary factors like helping society. The document outlines four models of employee entrepreneurship: corporate entrepreneurship within firms, supplier entrepreneurship among suppliers, innovative entrepreneurship motivated by creating new things, and social entrepreneurship applying business practices to create social development and earn profits.

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    Employee Entrepreneurship: Different Models

    Uploaded by

    keerthana_hassan
    58 views17 pages
    The document discusses different models of employee entrepreneurship. It describes employee entrepreneurs as individuals who leave incumbent firms to start competing firms in the same industry. Industries with tacit knowledge like consulting and high tech see more employee entrepreneurship. The driving forces that motivate Indian employee entrepreneurs include the rewards of entrepreneurship like autonomy and financial independence, personal qualities, career growth, utilizing experience, and non-monetary factors like helping society. The document outlines four models of employee entrepreneurship: corporate entrepreneurship within firms, supplier entrepreneurship among suppliers, innovative entrepreneurship motivated by creating new things, and social entrepreneurship applying business practices to create social development and earn profits.

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    Employee Entrepreneurship

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    The document discusses different models of employee entrepreneurship. It describes employee entrepreneurs as individuals who leave incumbent firms to start competing firms in the same industry. Industries with tacit knowledge like consulting and high tech see more employee entrepreneurship. The driving forces that motivate Indian employee entrepreneurs include the rewards of entrepreneurship like autonomy and financial independence, personal qualities, career growth, utilizing experience, and non-monetary factors like helping society. The document outlines four models of employee entrepreneurship: corporate entrepreneurship within firms, supplier entrepreneurship among suppliers, innovative entrepreneurship motivated by creating new things, and social entrepreneurship applying business practices to create social development and earn profits.

    Copyright:

    © All Rights Reserved
    Download as PPT, PDF, TXT or read online from Scribd
    Download as ppt, pdf, or txt
    58 views17 pages

    Employee Entrepreneurship: Different Models

    Uploaded by

    keerthana_hassan
    The document discusses different models of employee entrepreneurship. It describes employee entrepreneurs as individuals who leave incumbent firms to start competing firms in the same industry. Industries with tacit knowledge like consulting and high tech see more employee entrepreneurship. The driving forces that motivate Indian employee entrepreneurs include the rewards of entrepreneurship like autonomy and financial independence, personal qualities, career growth, utilizing experience, and non-monetary factors like helping society. The document outlines four models of employee entrepreneurship: corporate entrepreneurship within firms, supplier entrepreneurship among suppliers, innovative entrepreneurship motivated by creating new things, and social entrepreneurship applying business practices to create social development and earn profits.

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    Employee Entrepreneurship:

    Different models

    1
    Employee Entrepreneurship
    Employee entrepreneurs are individuals who leave an
    incumbent firm to found a firm that competes in the
    same industry.

    Eg: Gordon Moore, Henry Ford

    2
    Employee Entrepreneurs
    The industries that is rich in tacit
    knowledge for e.g. Consulting, Law,
    High tech industries are more prone to
    employee entrepreneurship.

    3
    The Driving Force: What motivates
    Indian Employee Entrepreneurs?
     Rewards of entrepreneurship
     Personal qualities
     Career
     Experience
     Non-monetary factors

    4
    The Driving Force: Rewards of
    Entrepreneurship
     Autonomy
     Making money/financial independence
     Saw business opportunity/impact on industry
     Recognition of self and/or organisation
     Desire to create something new/innovate
     Build something important/make a difference
     Grow a business from scratch
     Desire to be entrepreneur/excitement of
    entrepreneurship

    5
    The Driving Force: Personal
    Qualities
     Intellectual challenge
     Potential to achieve
     Instinct

    6
    The Driving Force: Career
     Career growth
     Diversification
     Satisfaction

    7
    The Driving Force: Experience
     Utilize previous experience
     Industry vision
     Possess technology

    8
    The Driving Force: Non-monetary
    factors
     Help India in various ways
     Personal satisfaction
     Create value
     Create jobs
     Create wealth and plough back to society

    9
    Employee Entrepreneurship: Two views

     Within the incumbent firm


     To start something on his own

    10
    Models of Employee Entrepreneurship

    1. Corporate Employee Entrepreneurship


    Model
    2. Supplier Employee Entrepreneurship Model
    3. Innovative Employee Entrepreneurship
    Model
    4. Social Employee Entrepreneurship Model

    11
    Corporate Employee Entrepreneurship
    Model
    The process of creating new business within established
    firms to improve organisational profitability and
    enhance a firm’s competitive position or the strategic
    renewal of existing business.

    Eg: 3M, Wipro Technologies

    12
    Supplier Employee Entrepreneurship Model

    The process of creating suppliers among the


    existing employees who may become the part
    of supply chain.

    Eg: TATA Group , Indian hotels, MICO

    13
    Innovative Employee Entrepreneurship Model

    The employees who were motivated primarily by the


    desire to create something new, the desire for
    autonomy, wealth creation and financial
    independence, the achievement of personal objectives
    and the propensity for action.

    Eg: Infosys, Apple computers

    14
    Social Employee Entrepreneurship Model

    The entrepreneurs behind this believed that business


    best practices, when applied could create
    sustainable, effective and would usher in real
    social development and still earn profits.
    Eg: Dream a Dream, Nightingales Medical trust

    15
    Social Employee Entrepreneurship Model

    Empowering children from vulnerable backgrounds by


    developing life skills and at the same time sensitizing
    the community through active volunteering, leading
    to a non-discriminatory society where unique
    difference are appreciated

    - Vision of Dream a Dream

    16
    Thank You

    17

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