Contents Part 1 The Entrepreneurial Perspective 1 The Entrepreneurial Mind-Set Opening Profile: Ewing Marion Kauffman The Nature of Entrepreneurship How Entrepreneurs Think As Seen in Business News: Do Entrepreneurs Benefit from Paranoia? The Intention to Act Entrepreneurially Entrepreneur Background and Characteristics Role Models and Support Systems Sustainable Entrepreneurship Ethics: An Organization’s Code of Ethics 2 Corporate Entrepreneurship Opening Profile: Robert Mondavi Causes for Interest in Corporate Entrepreneurship Managerial versus Entrepreneurial Decision Making Ethics: Do Entrepreneurs and Managers Differ in Ethical Conduct? Establishing Corporate Entrepreneurship in the Organization As Seen in Business News: Opportunity or Not? 3 Generating and Exploiting New Entries Opening Profile: Justin Parer New Entry Generation of a New Entry Opportunity As Seen in Business News: Elevator Pitch for Project Alabama Entry Strategy for New Entry Exploitation Ethics: Do the Right Thing As Seen in Business News: Provide Advice to an Entrepreneur About Being More Innovative Risk Reduction Strategies for New Entry Exploitation Part 2 From Idea to the Opportunity 4 Creativity and the Business Idea Opening Profile: Elon Musk—The Iron Man Entrepreneur Trends Sources of New Ideas As Seen in Business News: The Cost of Innovation has Risen, and Productivity has Suffered Methods of Generating Ideas Creative Problem Solving Innovation As Seen in Business News Opportunity Recognition Product Planning and Development Process