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ENTREPRENEURIAL SPIRIT AND INNOVATION

Sorin-George Toma, Paul Marinescu and Irina Dogaru

Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2017, vol. 11, issue 1, 536-541

Abstract: The key role of the entrepreneurial spirit of individuals, teams, enterprises, cities, regions, and nations in building competitive economic systems and promoting economic growth has been widely acknowledged both in the academic world and the business world. More and more entrepreneurs are interested in becoming innovators as innovation leads to obtaining better business performances. The paper aims to emphasize the way the entrepreneurial spirit is nurtured by innovation in a highly competitive global business environment. In this respect, the British self-made billionaire and one of the best-known living inventor James Dyson constitutes a valuable example. The methodology is based on the use of a quantitative research method. The results of the paper show the importance of innovation in fostering the entrepreneurial spirit.

Keywords: entrepreneurial spirit; innovation; entrepreneurship; James Dyson (search for similar items in EconPapers)
Date: 2017
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