Creative Entrepreneurship: Case Study Analysis and Solutions

This case study delves into the realm of creative entrepreneurship, focusing on the application of innovative strategies and the management of change within a business context. The assignment presents an analysis of a real-world scenario, highlighting the entrepreneurial journey of an individual who developed skills and a passion for the retail industry. The case study discusses the importance of talent, the role of technology, and the impact of tolerance on economic development, as well as the significance of adaptability and skill development. The analysis also examines how established business models and organizational structures can influence entrepreneurial endeavors. The case study provides a comprehensive understanding of the challenges and opportunities inherent in fostering creativity and driving innovation within the business world.

Running Head: Managing Creativity Change and Innovation
Managing Creativity Change and Innovation
[Document subtitle]

Managing Creativity Change and Innovation
Answer1: This case study is a good example of creative entrepreneur as it has shown how
Preneur worked independently in developing his talent and skills and how far he went with
the help of those skills and his hard work. In UK, a few years ago there were not much
products sold which were being sold in Netherlands and other countries. It had to become
developed. Preneur worked on some of such medical products with his friend so that UK also
grows. This is a good example of creative entrepreneur in UK. Preneur worked hard all his
life and kept on developing new skills so that he can help people and become a creative
entrepreneur in UK. As discussed above, UK needed that type of creativity in terms of good
business and creating new skills and working independently, both such things denote the
combination of both creative entrepreneur in UK.
Answer 2: 3’T model of Florida is good for nomadic entrepreneurship as Technology brings
creativity and productivity and enables capitalism continuously. With talent, absolutely
anything can be created by being anywhere in the whole world. Tolerance acts as economic
development. Tolerance also helps in both talent and technology. All three goes hand in hand
and also helps in knowing the world by being creative as well as doing what one loves.
Answer 3: Charles Handy in his book “Elephant and Flea” mentioned about the metaphor
Elephant which was referred to huge organizations which provided full time employment to
the employees and a set career. Preneur worked in top retail company for 12 years where he
learnt lot of new skills and developed a new talent and passion for work. He also became
member of the board in that company but left because of a disagreement. Later, with those
skills he learnt new techniques in retail industry. A company which needed help called him
for assistance as he had developed those new skills and later that company also offered him a
good position. Hence, Handy’s notion woks really well in any profession similar to Preneur.
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