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Week 6 Paper

Much of the focus of this class has been on how countries, institutions, entrepreneurs, and others can systematically encourage innovation and entrepreneurship, and how these can be leveraged into sustainable economic gains. Write a paper that takes the lessons learned from this research and analysis and applies them to individual enterprises. Be certain to answer the following questions:

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  • What techniques associated with encouraging innovation      and entrepreneurship at a country scale can be successfully applied to      individual enterprises?
  • How can the principles and practices associated with      microenterprise and microfinance be applied to encourage innovation and      entrepreneurship within individual enterprises?
  • How must these techniques be adapted to fit in the enterprise      context?
  • What are the unique challenges associated with      encouraging innovation and entrepreneurship at the enterprise-scale vs.      the country scale?
  • What institutional mechanisms can be put in place by      governments and other entities that can help encourage innovation and      entrepreneurship?

Note

Wherever possible, apply your answers to your specific organizational context and use examples from your own experience to support your views. Be sure to reference any case studies that you may have come across that illustrate how these techniques have been applied successfully to individual enterprises. Your paper should be five to eight pages in length.

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