Innovation and Entrepreneurship in a Global Economy

Article English OPEN
Velmurugan, J M ; Kalaiselvan, Dr.D ; Rameswari, P ; Sankar, K (2013)
  • Publisher: Journal Of Business Management & Social Sciences Research
  • Journal: Journal Of Business Management & Social Sciences Research (issn: 2319-5614)
  • Subject: Business Management | Management, Innovation, entrepreneurship and International marketplace
    acm: ComputingMilieux_THECOMPUTINGPROFESSION

Management is the specific function, the specific instrument to make institutions capable of producing results. Today, innovation and entrepreneurship have changed. There are different ways of breeding, executing and practicing those concepts around the world. This paper looks at Druckers theory, whats applicable for today and what is not. The practical reality is entrepreneurship and innovation are not manifested the same in an international marketplace. In fact, they are not all systematic as Drucker believed.
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