Professional Documents
Culture Documents
The Role of Creativity in Entrepreneurship
The Role of Creativity in Entrepreneurship
Foreword
Education provides the foundation for creativity,
flexibility, and wealth creation in the society.
Motivation
Relating the different topics covered during this course
Application of the knowledge gained in class
Beliefs
Role of system is as vital as the individual in bringing about the
successful implementation of an innovative design or idea
Creativity can be developed, sharpened, amplified, because it is
a factor of nurture as well as nature
Overview
Discussion of the various definitions of creativity and its
relevance to entrepreneurship
The role of educational institutions in the success of
entrepreneurial culture in US
Current endeavors taken in the developing countries to
encourage entrepreneurial skills
Suggestions to encourage creativity in Entrepreneurship
development programs, based on the learning of this
class
What is creativity?
Creative behaviors possessing an element of
newness, novelty, and difference (Herrmann,
1996)
Creativity is an act, an idea, or product that
changes an existing domain, or that transforms an
existing domain into a new one, and creative
person is whose thoughts or actions bring these
changes. (Csikszentmihalyi)
What is creativity?
Wallas description of creative thinking, suggests a
model in four stages:
Entrepreneurship
Entrepreneurship is a way of thinking, reasoning
and acting that is opportunity obsessed, holistic in
approach and leadership balanced.
Entrepreneurial qualities
commitment and determination, leadership, opportunity
obsession, tolerance of risk, ambiguity and uncertainty,
creativity, self-reliance and ability to adapt, and the
motivation to excel, ability to use failure experience
as a way of learning
Nurturing Creativity
Several techniques to encourage creative thinking
Ask Questions, Lateral Thinking, Six Thinking Hats,
Brainstorming, TRIZ etc
Recommendations
Entrepreneurship education should encourage
students to challenge everything
there is no single right answer to choose
Most educated people are quite good at linear thinking
The creative person couples this depth with lateral
creativity
Innovative thoughts require more than logical thinking
Recommendations
Programs should encourage activity-based
projects
increases creativity, positive attitudes toward science,
perception, logic development, communication skills,
and reading readiness
Provides deeper understanding about how they can
work better as individuals and together as a team
Recommendations
Teamwork should be encouraged in these
programs
People who makeup teams have valuable experience
of different domains
Working in teams focusing on ideas for change,
encourages commitment to that process
Fun to brainstorm in teams, humor and laughter are
outcomes, which spur creativity
Recommendations
Different techniques to enhance creativity must be
incorporated in the courses
awareness of the different tools available such as TRIZ
and Thinker Toys
practice the proper uses of brainstorming
encouragement to use tools for coming up with new
ideas
Recommendations
Use of IT tools to promote creativity and thinking,
should be incorporated in studies
Program should try to present familiar information
in unfamiliar context
presenting information in new and innovative ways to
help students look for new possibilities
Recommendations
Business and technological incubators should be
established
Constant creativity and innovation in an appropriately
rich environment where novel ideas can be launched
and tested
Thank You