Far from my previous post about Perkins, Peter Drucker’s book Innovation and Entrepreneurship was a paradoxical reading. The first chapters were painful even if brilliant. I understood there that innovation is a process which will be successful if carefully planned and managed. Fortunately, chapter 9 completely changed my perception when the author dealt with knowledge-based innovation, which includes innovations based on science and technology. So let me summarize the main points of this chapte...

Amazing read for entrepreneurs with countless examples of innovative ideas and strategies.

Glad that this book was an easy to read but i believe the book can be less than half of the volume to explain everything

I sure wish there was a more recent version. This book would have earned another star if more of the examples had been drawn from the recent past. There were enough timeless examples from the past couple hundred years to make it a worthwhile read, though.Some useful points:*Look for the surprise successes and exploit them. *Don't turn your nose up at unexpected uses for your product if it's selling. It doesn't matter if your happy customers are not the ones you wanted/intended.*Company founders

Most people probably think that innovation and entrepreneurship is something that happens by chance or by magic. Reading this book by Peter Drucker should dispel this notion totally. Not only is innovation and entrepreneurship something that can be measured but it is something that can be learned.The book initially provides definitions of what innovation and entrepreneurship is, what the different types and aspects of each are and where they are most likely to occur. Drucker then continues on wi...

This is a very authoritative introduction to the subject of innovation. It is very well-written, although a bit heavy at points. Drucker has made an important contribution, as usual. The part on sources of innovation is very good and also exists as an HBR article.

Peter Drucker is awesome.He turns innovation into a discipline. I need to read more of this guy.Drucker lists the seven places where innovation takes place and then goes into detail for each one. The interesting thing is that few of them are what people normally think of as innovation.Quotes:"Entrepreneurs are a minority among new businesses. They create something new, something different; they change or transmute values.""Entrepreneurship is thus a distinct feature whether of an individual or o...

Even though this book is relatively old, its principles apply in every era. Drucker presents innovation as an ageless art form, in which all that changes is the approach. Any business owner, or out of the box thinker, should definitely read this book.

This is the first book by Drucker that I've read, but definitely not the last.Drucker is erudite; he reaches back hundreds of years and across continents to identify first introduction of one thing or another. Although Drucker's seminal contributions have shaped how large corporations in the US and Japan are managed, this work looks at a full spectrum of companies from large to small, and describes the kinds of innovation that succeed.Drucker delights at debunking conventional wisdom or frequent...

I picked this up with the intent to read it and have it under my belt so I could say I've read it just because it is a "classic". I expected a lot of out of date references and antiquated principles of innovation. I did find A LOT of out of date references to companies that are no longer the innovation powerhouses that they once were (which just highlights the transient nature of being an innovation factory), but the principles and practices seem as true as ever and I don't think it is too bold

Honestly a bit boring, but nevertheless it is smart, some stories and examples are really make you interested. The material just need to be presented better.

Long before the Innovator's Dilemma was written, here is Drucker with the same insights about why innovation must be treated as a special child by management, and the challenges faced by it in existing corporations. This review was written after I read the book for the second time (I had read it previously a few years back), and it is incredible how the contents seem more meaningful and relevant on the second reading.

I found it dated. Lean Startup is a more modern view of the topic.

3 Keys:- The test of an innovation, lies not on its novelty, its scientific content, or its cleverness. It lies in its success in the marketplace.- Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not “quality” because it is hard to make and costs a lot of money. That is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.- All economic activity...

As always, Peter Drucker is one of my favourites on the subject. A book from the 80s that still a great read today, on a very changing and challenging subject such as entrepreneurship, is a sole indicator of how great the book is.

One of the best books I’ve ever read on the subject.

Peter Drucker was way ahead of his time. Published 35 years ago in 1985, the book is still so relevant today. Innovation does not come about by random fluke, or a random work of genius, as most people wrongly tend to believe. It is a systematic science, like all sciences, backed by compensation plans, structure, and strategies etc. A company needs to build in its DNA a system which promotes innovation and entrepreneurship. Furthermore, a society which aims at promoting entrepreneurship culture,

Innovation & Entrepreneurship...People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.~Peter DruckerBook Frame and Scopes:Introduction: Entrepreneurial Economics1: Innovation Practice2: Entrepreneurial Practice3: Entrepreneurial StrategiesConclusion: Entrepreneurial society*Entrepreneurial economics is the study of the entrepreneur and entrepreneurship within the economy. The accumulation of factors of prod...

Innovation and Entrepreneurship is about how to find opportunities to innovate, how to manage entrepreneurship within an organization, and how to manage entrepreneurial strategy in the market.In each of these three major sections, Drucker presents frameworks that help organize your thoughts. For example, he proposes seven sources of innovation opportunities, like The Unexpected, Process Needs, and New Knowledge. He's quick to provide relevant case studies for each, helping to make the classifica...

The necessary link between to essential disciplines required for the 21st century business enterprise