Blog Posts

Innovative Organizations and Heuristic Approach: How Entrepreneurial Mindset Nurtures Innovation Inside Organizations

All companies in our era, try to come up with innovative solutions to create competitive edge, but not all of them can even barely get close to any innovative product or service. The reasons behind the innovation asymmetry between firms lies behind several seasons. While there are some external factors such as financial constraints, environment, and infrastructure, the internal factor, which is the corporate culture weighs more. Individual creativity is the most crucial foundation of innovation. It is always those…

All Grown-ups Were Once Children, But Only Few of Them Remember It

The book, “The Little Prince”, a masterpiece by Antoine de Saint-Exupéry is renowned as   a children’s book, and hence the title of this post might seem out of scope of entrepreneurship. In this post, however, I focus on the key concern of the little prince, which is grown-ups – who could not understand children- of the business world. Strategic Entrepreneurship (SE) is a well-known term among community of academic scholars and hence a suggested strategic tool for large enterprises…

Startup Overvaluation: A Pitfall for Entrepreneurs and Venture Capitalists

The success stories of Silicon Valley startups and their growth made a big change in business paradigm worldwide. Tech savvies tend to start their own company and investors are more exit-oriented than before, giving up the dividend approach of traditional businesses. Mentors and startup consultants also lead them to negotiate on valuation. In this case, the potential investor seeks for less valuation, while the startup and previous investors fight for higher valuation of the company. Unfortunately, the scholars in entrepreneurship…

The Sun Will Come Out Tomorrow: Entrepreneurial Lessons from Elon Musk

I am not surprised! Tesla just unveiled the new model 3, which is an affordable version of Tesla cars. Elon Musk finally introduced a Tesla for the average earners and that’s what I was expecting him to do, as he has been trying hard to make space travel available for everyone too. Yes! This is something unreachable for the time being, but Elon’s previous successful startups were all sort of unreachable dream-like ideas that came true. In the book, “…

On the Character of the Golden Eagle Venture Capitalists: How They Avail themselves of Failure

Entrepreneur’s character is an axiomatic factor that fosters innovation and entrepreneurial activities. Entrepreneurship scholars have long been conducting research on entrepreneur’s character, contemplating it both as a major factor for entrepreneur’s success and a salient stimulus to entrepreneurial activities. Nonetheless, there has been less research on other players of entrepreneurship ecosystem such as venture capitalist.