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Innovation and Entrepreneurship [Paperback]

Peter F. Drucker (Author)
4.4 out of 5 stars  See all reviews (44 customer reviews)

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Book Description

May 9, 2006

Peter Drucker's classic book on innovation and entrepreneurship

This is the first book to present innovation and entrepreneurship as a purposeful and systematic discipline that explains and analyzes the challenges and opportunities of America's new entrepreneurial economy. Superbly practical, Innovation and Entrepreneurship explains what established businesses, public service institutions, and new ventures need to know and do to succeed in today's economy.


Frequently Bought Together

Innovation and Entrepreneurship + The Effective Executive: The Definitive Guide to Getting the Right Things Done (Harperbusiness Essentials) + The Essential Drucker: The Best of Sixty Years of Peter Drucker's Essential Writings on Management (Collins Business Essentials)
Price For All Three: $35.33

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Editorial Reviews

Review

'On bookshelves crowded with books on management principles and practice and promising success and profit to their purchasers, this book stands head and shoulders above the rest.'
The Accountant's Magazine
'Destined to become a best-seller.'
CBI News
'Drucker now adds Innovation and Entrepreneurship to the remarkable series of books about management that he has been writing since 1939. Any book by Drucker is rewarding, and it is impossible to read the man without learning a lot'.
Fortune
--This text refers to an out of print or unavailable edition of this title.

About the Author

Peter F. Drucker is considered the most influential management thinker ever. The author of more than twenty-five books, his ideas have had an enormous impact on shaping the modern corporation. Drucker passed away in 2005.


Product Details

  • Paperback: 288 pages
  • Publisher: HarperBusiness (May 9, 2006)
  • Language: English
  • ISBN-10: 0060851139
  • ISBN-13: 978-0060851132
  • Product Dimensions: 5.3 x 0.6 x 8 inches
  • Shipping Weight: 6.4 ounces (View shipping rates and policies)
  • Average Customer Review: 4.4 out of 5 stars  See all reviews (44 customer reviews)
  • Amazon Best Sellers Rank: #9,154 in Books (See Top 100 in Books)

More About the Author

Peter F. Drucker (1909-2005) was considered the top management thinker of his time. He authored over 25 books, with his first, The End of Economic Man published in 1939. His ideas have had an enormous impact on shaping the modern corporation. One of his most famous disciples alive today is Jack Welch. He was a teacher, philosopher, reporter and consultant.

Customer Reviews

Most Helpful Customer Reviews
28 of 30 people found the following review helpful
Format:Paperback
Innovation and Entrepreneurship is a good resource for categorizing and identifying sources of innovation. Drucker does an excellent job of organizing the key elements involved in innovation and there is a fair amount of real world examples that help the reader understand the concepts. However, most books on this topic usually leave me asking for more concrete examples of the execution of the topics laid out here, and this book is no exception. Innovation and Entrepreneurship is more about creating a framework for innovation that can be used to compartmentalize current practices and shed light on their origins. Drucker accurately points out that the least likely sources of innovation are from new knowledge and bright ideas. The insight into this alone, makes the book well worth reading. If you are looking for a way to categorize and identify the most effective sources of innovation in an effort to budget the research efforts in you corporation, I highly recommend this book. If you are an entrepreneur looking for new sources, you might me better off looking elsewhere, such as Clayton Christensen's The Innovator's Dilemma.
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31 of 34 people found the following review helpful
Format:Paperback
I am very gratified to note that this wonderful book is still around & is being re-released as a new print. I read it when it was first published in the mid-80s. I remember that I had reread it during the early 90's when I had just started my own consultancy business.

I fully concur that this book is the first book to present innovation & entrepreneurship as a purposeful & systematic discipline. The book concists of three major parts:

- Part I: The Practice of Innovation;
- Part II: The Practice of Entrepreneurship;
- Part III: Entrepreneurial Strategies;

According to the author, entrepreneurial strategies are as important as purposeful innovation & entrepreneurial management. Together, they make up innovation & entrepreneurship.

What I like most about the book is the author's clear definition & concise elaboration of innovation as a disciplined business practice. He makes a very clear distinction: "Business, because of its purpose, has just two functions, & only two: MARKETING & INNOVATION. Marketing & Innovation make money. Everything else is a cost."

Best of all, he also provides some general guidelines for identifying innovative opportunities.

As a matter of fact, in Part I of the book, he describes the seven sources for innovative opportunities. Each of these seven sources are systematically covered in a specific chapter. For all entrepreneur-wannabes out there, understanding these 'innovative secrets of success' alone is worth the price of the entire book.
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17 of 18 people found the following review helpful
By A Customer
Format:Paperback
This is my pick for the best business book of the 20th century. I have read this book three times, have taken extensive notes on it, and still learn a great deal with each re-reading. Peter Drucker has written many excellent business books, but this one shines. Unlike other books with "entrepreneurship" and "innovation" in their titles, this book does not go through the mechanics of setting or running up a business, but instead focuses on the essence of good business planning and practice.
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Most Recent Customer Reviews
Amazing!
Book came sooner than expected and in great condition! Great book on entrepreneurship! I recommend for any one interested in this type f business.
Published 26 days ago by Isaac
More superficial than other books by Drucker
Drucker discusses sources (e.g., unexpected results, demographics, process need, changes in perception, new knowledge) that can be systematically harnesses for innovation. Read more
Published 4 months ago by Anurag Gupta
Nothing new, politician's book, not for business and not technology...
The book is full of shallow historical, or political view regarding innovation and enterprenueship. Nothing new and examples are organized amess. Read more
Published 5 months ago by dongz
Ok, but not great
The introduction was one of the best parts of this book. The problems of the mid to late 1980s seems strangely familiar to today. Read more
Published 6 months ago by Sachmo
INNOVATE AND LEAD
Innovation and Entrepreneurship by Peter Drucker. Review

If you are interested in business innovation, I strongly recommend this. Read more
Published 11 months ago by GUY'S BOOKS
Required Reading For Having Innovation In Your Company
I bought this book after a CEO friend from YPO & OPM recommended this book to me. I find this book great for companies needing innovation. Read more
Published 13 months ago by AmazingReader
Genius
An excellent book to all the people that whant to deepen into the entrepreneur world.
Published 22 months ago by Diego
Good book
In spite of that fact that the book quite old, its still applicable to the present time.
Published on April 7, 2010 by Mikhail
Great Book!
The other 5 star reviews on here said it well already, but I just wanted to add my appreciation for this book to the pile. This is a REALLY good book. I couldn't even put it down. Read more
Published on February 5, 2010 by Bethany S
A powerful book filled with still-relevant concepts!
Even though the book is 20+ years old and the examples could do with a good updating (although, Drucker's examples were not really meant to be "current", as many provided were from... Read more
Published on January 25, 2010 by Dan Burleigh
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Inside This Book (learn more)
Browse and search another edition of this book.
First Sentence:
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
specialty skill niche, entrepreneurial judo, entrepreneurial bank, population gravity, purposeful innovation, financial foresight, innovative opportunity, entrepreneurial management, creative imitation, innovative opportunities, entrepreneurial society, entrepreneurial economy, top management people, entrepreneurial strategies, appliance sales, integrated steel mill
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, World War, New York, Bell System, Ford Motor Company, Latin America, General Motors, Great Britain, Girl Scouts, Henry Ford, University of Berlin, General Electric Company, Allied Chemical, Business X-Ray, Wall Street, Bell Telephone System, Georg Siemens, Third World, West Germany, William Connor, Deutsche Bank, Herman Miller, Hit Them Where They Ain't, Joseph Schumpeter, March of Dimes
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