Innovation and Entrepreneurship by Peter F. Drucker

Innovation and Entrepreneurship

America's foremost expert on management presents the first and only book to present entrepreneurship as a systematic discipline and to explain its great challenges and opportunities.

Details Innovation and Entrepreneurship

TitleInnovation and Entrepreneurship
Release DateMar 17th, 2009
PublisherHarperCollins e-books
GenreBusiness, Entrepreneurship, Nonfiction, Management, Leadership

Reviews Innovation and Entrepreneurship

  • Herve
    Far from my previous post about Perkins, Peter Drucker’s book Innovation and Entrepreneurship was a paradoxical reading. The first chapters were painful even if brilliant. I understood there that innovation is a process which will be successful if carefully planned and managed. Fortunately, chapter 9 completely changed my perception when the author dealt with knowledge-based innovation, which includes innovations based on science and technology...
  • David Garza
    Even though this book is relatively old, its principles apply in every era. Drucker presents innovation as an ageless art form, in which all that changes is the approach. Any business owner, or out of the box thinker, should definitely read this book.
  • Mohammad Shaker
    As always, Peter Drucker is one of my favourites on the subject. A book from the 80s that still a great read today, on a very changing and challenging subject such as entrepreneurship, is a sole indicator of how great the book is.
  • Goktug Yilmaz
    3 Keys:- The test of an innovation, lies not on its novelty, its scientific content, or its cleverness. It lies in its success in the marketplace.- Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not “quality” because it is hard to make and costs a lot of money. That is incompetence. Customers pay only for what is of use to them and gives them value. No...
  • Adam McNamara
    Innovation and Entrepreneurship is about how to find opportunities to innovate, how to manage entrepreneurship within an organization, and how to manage entrepreneurial strategy in the market.In each of these three major sections, Drucker presents frameworks that help organize your thoughts. For example, he proposes seven sources of innovation opportunities, like The Unexpected, Process Needs, and New Knowledge. He's quick to provide relevant cas...
  • Robert
    Most people probably think that innovation and entrepreneurship is something that happens by chance or by magic. Reading this book by Peter Drucker should dispel this notion totally. Not only is innovation and entrepreneurship something that can be measured but it is something that can be learned.The book initially provides definitions of what innovation and entrepreneurship is, what the different types and aspects of each are and where they are ...
  • Nicholas
    Peter Drucker is awesome.He turns innovation into a discipline. I need to read more of this guy.Drucker lists the seven places where innovation takes place and then goes into detail for each one. The interesting thing is that few of them are what people normally think of as innovation.Quotes:"Entrepreneurs are a minority among new businesses. They create something new, something different; they change or transmute values.""Entrepreneurship is thu...
  • Jacob Mclaws
    I picked this up with the intent to read it and have it under my belt so I could say I've read it just because it is a "classic". I expected a lot of out of date references and antiquated principles of innovation. I did find A LOT of out of date references to companies that are no longer the innovation powerhouses that they once were (which just highlights the transient nature of being an innovation factory), but the principles and practices seem...
  • Ali
    Glad that this book was an easy to read but i believe the book can be less than half of the volume to explain everything
  • Timothy Chklovski
    This is the first book by Drucker that I've read, but definitely not the last.Drucker is erudite; he reaches back hundreds of years and across continents to identify first introduction of one thing or another. Although Drucker's seminal contributions have shaped how large corporations in the US and Japan are managed, this work looks at a full spectrum of companies from large to small, and describes the kinds of innovation that succeed.Drucker del...
  • Maura
    I sure wish there was a more recent version. This book would have earned another star if more of the examples had been drawn from the recent past. There were enough timeless examples from the past couple hundred years to make it a worthwhile read, though.Some useful points:*Look for the surprise successes and exploit them. *Don't turn your nose up at unexpected uses for your product if it's selling. It doesn't matter if your happy customers are n...
  • Ron Quartel
    I found it dated. Lean Startup is a more modern view of the topic.
  • Krishna Kumar
    Long before the Innovator's Dilemma was written, here is Drucker with the same insights about why innovation must be treated as a special child by management, and the challenges faced by it in existing corporations. This review was written after I read the book for the second time (I had read it previously a few years back), and it is incredible how the contents seem more meaningful and relevant on the second reading.
  • Babak
    This is a very authoritative introduction to the subject of innovation. It is very well-written, although a bit heavy at points. Drucker has made an important contribution, as usual. The part on sources of innovation is very good and also exists as an HBR article.
  • Dmitri Pavlov
    Honestly a bit boring, but nevertheless it is smart, some stories and examples are really make you interested. The material just need to be presented better.
  • Ramy Khodeir
    The necessary link between to essential disciplines required for the 21st century business enterprise
  • Oscar Romero
    Although an old (by my own standards) book--still has many principles that continue to apply today...With Innovation just changing the way we go about creating something new or better.I personally think we do not have to be an entrepreneur in order to become more innovator--but I agree that if you want to start--innovation is a great way to do so. We already know how many started and where they are now--so, we do have much to choose from.Many bus...
  • Rhonda Sue
    This is one of those seminal landmark business books that need to be read and digested. Although the book is somewhat outdated in its examples, the principles are still relevant to today's entrepreneurs and innovators. Many of the companies cited in this 1986 book are either no longer with us and newer companies like Apple are barely mentioned. But, that said, Drucker spells out the principles of innovation and entrepreneurship and how to go abou...
    Great Great book.Simple and based on principles.Peter Drucker is about principles. And it is very much exciting to hear from Peter Drucker, What he thinks about innovation and entrepreneurship.It is very helpful for managers and budding entrepreneurs to understand some basic principles.Book is little heavy as it is written by the father figure in management. But it serves the great purpose of educating one self with the basic knowledge of new ven...
  • Sylv C
    While one may no longer agree with everything in the book, Drucker's classic has withstood the passage of 30+ years since its initial publication incredibly well. A highly recommended read whether one works in a large organization or startup setting, as an owner or manager. Thought provoking and provides a good methodical framework for identifying and exploiting new markets.
  • B
    Fascinating, rigorous book. Very detailed and dense in a good way. In spite of this book being slightly old, there are numerous very useful insights on entrepreneurship and innovation here. I will definitely be going back to reference this book for many years into the future. Also looking forward to reading more of Drucker's work.
  • Lance McNeill
    Some things evergreen, some obsolete Overall this is still a must read for economic development professionals, as there is quite a bit of sage advice that’s still applicable decades later. There are some ideas and examples that are obsolete though.
  • Davor
    This book is more like a history book, where Drucker shows historical examples where innovation prevailed. There are also parts where Drucker instructs what he thinks is key to successful bussiness.A book worth a read.
  • Gunjan Mehta
    May be the first ever book to take the route of practicing entrepreneurship, making policies and putting innovation into the roots of the it is needed in 21st Century...
  • Allan Laal
    classic Drucker wisdom
  • Robert Moracha
    Might need to re-read as I felt the content to be as accessible as I thought.
  • Jozsef
    Another great book from the prophet of management. A good read even with the benefit of hindsight, because you can contrast and compare old methods and theories with current practices.
  • Miriam Majome
    Aright. Bit windy as in winding around a point
  • Mike Mott
    This is an incredible book. The data and examples may be dated, but this is a must-read for anyone starting a business. A framework for entrepreneurship.
  • Marta Dominguez
    It's the first management book I give a 5 stars to. I have been refusing innovation and entrepreneurship books just because of the same reasons Drucker sanctions them in his book: they are pretentious and of little practical use if you are to try replicating any of the ideas. Drucker got me on his side from that moment all the read through.The major achievement of this book is to present innovation as a management practice rather than any imposed...