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Innovative Entrepreneurship In The Business Of Electronics: The Case Of Samsung Company

Author

Listed:
  • Sorin-George TOMA

    (Faculty of Business and Administration, University of Bucharest)

  • Ştefan-Alexandru CATANĂ

    (Faculty of Business and Administration, University of Bucharest)

Abstract

During the time, entrepreneurship has brought many benefits (e.g., economic growth, employment generation, poverty reduction, innovations) to various stakeholders, such as society, communities, people, or companies As a multifaceted and eclectic concept, a policy area, and a complex and dynamic phenomenon, entrepreneurship displays a creative and innovative dimension. This assertion is based on the fact that entrepreneurship has three main functions: operating a firm, risk-taking, and innovation. The aims of the paper are to briefly define the concept of innovative entrepreneurship and to illustrate the case of Samsung Electronics Co., one of the world’s biggest electronics companies. In order to achieve these objectives, the authors used a quantitative research method and a case study. The paper provides the theoretical framework to deeper understand the concept of innovative entrepreneurship as the authors have designed a definition of this term. Also, it shows that innovative entrepreneurship is embedded in the business philosophy of Samsung Electronics.

Suggested Citation

  • Sorin-George TOMA & Ştefan-Alexandru CATANĂ, 2021. "Innovative Entrepreneurship In The Business Of Electronics: The Case Of Samsung Company," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 18, pages 131-135, December.
  • Handle: RePEc:cmj:networ:y:2021:i:18:p:131-135
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    References listed on IDEAS

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    1. Paul Marinescu & Sorin-George Toma & Ionuţ Constantin, 2016. "Carlos Ghosn, A Leader Par Excellence," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 24(1), pages 191-198, December.
    2. Andreea Barbu & Gheorghe Militaru & Dana Corina Deselnicu & Ştefan-Alexandru Catană, 2021. "Key Success Factors That Enable IT Service Providers to Achieve Organizational Performance: Evidence from Romania," Sustainability, MDPI, vol. 13(19), pages 1-20, October.
    3. C. Praag & Peter Versloot, 2007. "What is the value of entrepreneurship? A review of recent research," Small Business Economics, Springer, vol. 29(4), pages 351-382, December.
    4. Andrea M. Herrmann, 2019. "A plea for varieties of entrepreneurship," Small Business Economics, Springer, vol. 52(2), pages 331-343, February.
    5. Sorin-George Toma & Paul Marinescu & Catalin Gradinaru, 2017. "Successful Entrepreneurs: Mark Elliot Zuckerberg," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 26(1), pages 157-162, December.
    6. repec:but:manage:v:17:y:2013:i:1:p:260-269 is not listed on IDEAS
    7. Cătălin Grădinaru & Sorin-George Toma & Ștefan Catană & Gabriela Andrișan, 2020. "A view on transformational leadership: The case of Jeff Bezos," Manager Journal, Faculty of Business and Administration, University of Bucharest, vol. 31(1), pages 93-100, December.
    8. Ștefan CATANĂ & Cătălin V. GRĂDINARU & Sorin-George I. TOMA, 2020. "Sam Walton, A Visionary Entrepreneur," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 16, pages 113-117, December.
    9. Sarah A. Low & Andrew M. Isserman, 2015. "Where Are the Innovative Entrepreneurs? Identifying Innovative Industries and Measuring Innovative Entrepreneurship," International Regional Science Review, , vol. 38(2), pages 171-201, April.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Stefan-Alexandru Catana & Sorin-George Toma & Catalin Gradinaru, 2021. "Larry Page and Internet Entrepreneurship," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 239-243, December.

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    More about this item

    Keywords

    Innovative entrepreneurship; Company; Business of electronics; Samsung; Lee Byung-Chull;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

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