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When innovation led to a reversal of fortunes

hackerearth

That is the lesson learned at Lego — just in time,” says David Robertson, Professor of Practice teaching Innovation and Product Development at Wharton. Lego has managed to wring sustainability by adopting the Lean startup approach. If you thought GameCube was bad, Wii U was worse. He bided his time.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

The entrepreneur is an innovator and disturbs the economy (De Jong & Marsili, 2010; Schumpeter, 1934). Whereas causation is more oriented at a managerial, Kirznerian, perspective on entrepreneurship, effectuation is oriented at a more experimenting, Schumpeterian, perspective on entrepreneurship (De Jong & Marsili, 2010).