How, or Should, SE (Denmark) Foster Entrepreneurship? Harvard Case Solution & Analysis

The post contributed to the widespread acknowledgement that entrepreneurship flowers in a given area as the consequence of a complicated interaction of many different domain names and celebrities, including universities and human capital, suppliers of capital, corporations, policy makers, NGOs, and foundations (see Exhibit TN-1).The 2010 Harvard Business Review (HBR) post made the term "entrepreneurship ecosystem" notable for the first time, reflecting this dynamic and mostly self-regulating system. The SE (once, Southern Energy) case enriches this dialog on engaging bigger corporations in nurturing entrepreneurship and entrepreneurship ecosystems and helps the discussion transcend polemic prescription and exceedingly simplistic stereotypes of what larger corporations should or should not do. By participating with entrepreneurial enterprises, the case also emphasizes the possible benefits for corporations that are bigger.

SE's development is described by the instance from a little local utility situated on the far western shoreline of Denmark to an increasingly global player in electricity supply and sales, telecommunications, including cable TV broad band internet, renewable energy, and related disciplines. SE has started several entrepreneurial programs, although true lacking a coherent strategy. The most notable and visible action is the Next Step Challenge, a new-as of the time of the instance-world-wide startup competition initially targeted to telecommunications and energy in areas closely related to startup enterprises. Eight ventures from Chile, the United States, Denmark, and Serbia participated in the very first three-month long program, which took place in Esbjerg, Denmark. The case summarizes the program details, and participants' perspectives of the advantages and disadvantages of the program. SE is committed to, and has budgeted for, three iterations of the Next Step Challenge.

The case also describes two additional plans with later period entrepreneurial ventures whereas most discussions of entrepreneurship may engage would focus totally on this startup competition. One is three big Danish corporations, private equity fund managed by SE and SE Blue Equity, a DKK 640 million, about $120 million and funds. SE Blue Equity has invested in five companies, each with roughly $10 million in sales, in fields associated with renewable energy and energy data and distribution; therefore it can scale up them with tactical relationships and strengthened management. SE has also incorporated SE Cloud Factory within its corporate structure, which originated as an entrepreneurial venture that was outside. SE Cloud Factory is a customizable standard networking and data communications service for small and medium sized businesses.

This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP

PUBLICATION DATE: April 28, 2015 PRODUCT #: BAB721-PDF-ENG

 

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