Management of Engineering & Technology
Entrepreneurism is not a new phenomenon and has significant implications for engineering managers. Whether in a large, established organization or in an entrepreneurial startup, the engineering manager needs to direct the entrepreneurial drive of his or her reports to the benefit of the organization. Failure to do so can lead to the loss of valuable employees, the creation of powerful competitors, and a less rewarding work experience for employees. The importance of these factors varies from industry to industry , but it is important to identify the degree of entrepreneurial, or intrapreneurial, culture that is congruent with the organization's strategic intent. This paper discusses some of the differences between traditional and entrepreneurial organizations, the personality traits of the entrepreneur, and ways that large organizations can and should try to foster an entrepreneurial culture.
Burris, Ruth; Etheridge, Eric; Farkas, Nandor; Huffman, David; and Litinsky, Boris, "Strategic and Policy Issues: Managing the Entrepreneur in Large Companies" (1995). Engineering and Technology Management Student Projects. 1073.