Opportunity Innovation and Entrepreneurship Assignment

Added on -2021-02-21

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Opportunity Innovation andEntrepreneurship.
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1Background of An entrepreneur..................................................................................................12. Requesting an interview..........................................................................................................23. Preparing the topic guide.......................................................................................................24. Ethics which has been considered during the time of interview.............................................36. Transcribe recording...............................................................................................................37. Analyse the data......................................................................................................................58. Relating to the theory..............................................................................................................6CONCLUSION................................................................................................................................7References........................................................................................................................................8
INTRODUCTIONInnovation can be referred to as the procedure of translating ideas into reality. Bothinnovation and entrepreneurship are considered to be as two essential elements which arerequired for establishment of successful commercial business venture. Innovation is basically astrategy which is applied by entrepreneur for satisfying the needs as well as demands ofcustomers. Entrepreneurial innovation is considered to be as multifaceted procedure in whichan individual engage with their employees in an organization for launching new products orservices in the market. It is the abilities, experience and knowledge directly influence thetechniques used by an individual for facilitating inn ovation.The report will include the detailed interview conducted with John Schembri who isbusiness owner of Shield limited. It is Maltese organization who is well-known for operationalrisk management. Study will also include the findings of facts which has been discovered duringthe time of interview.MAIN BODYBackground of An entrepreneurName of successful entrepreneur who has been interview is Mr John Schembri. He isbasically a business owner of the well-known company which is mainly popular for riskadministration. An organization is located in Malta and business entity has achieved leadingposition in industry. Firm has been established by Mr John Schembri in year 1999. Beforeestablishing a company Mr John Schembri was employed in army. Mr John Schembri hasworked in army field for approximately eighteen years. An enterprise established by Mr JohnSchembri offers mainly safety as well as security and also health related services to customers. Itis the unique quality of Mr John Schembri is that he mainly emphasizes on exploring as well ascapturing different opportunity (Garud, Gehman and Tharchen, 2018). During the interview, MrJohn Schembri said that he has entrepreneurial mind set from starting of his career. It is hisentrepreneurial mind set which has encouraged him to establish risk management business.1

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