CATALYST Issue 1 | Page 61

Future Proof Spotting the advantage “It’s not a question of technical skill, but more an issue of creativity” Paul Kirkham Researcher in the field of entrepreneurial creativity, Nottingham University Business School Exactly what constitutes an entrepreneur has long been a source of debate. The public tends to conceive entrepreneurs as being dynamic and vastly successful businesswomen or businessmen, most likely operating in a high-tech sector. A more grounded definition is that anyone with the ability to recognise opportunities and deliver value through invention and innovation qualifies as an entrepreneur. This being so, how do we identify entrepreneurs? Our research at Nottingham University Business School has repeatedly shown the cognitive capacity that enables individuals to make novel connections and foresee prospects and advantages within business settings can be developed in anyone. Background is irrelevant. We’re not talking about an intangible, inexplicable gift bestowed on a lucky few. Appropriate training – including interacting with suitable mentors, lessons in how to surmount obstacles to innovation and the freedom to ‘bounce ideas around’ – can genuinely boost creativity and the capability to appreciate and maximise opportunities. Effectively, one’s ‘mental frame’ can be honed. Thinking outside the box Etienne Krieger Affiliate Professor of Entrepreneurship and Innovation, HEC Paris business school Some people are gifted with an entrepreneurial mindset, and an outstanding ability to execute new ideas; for example, Steve Jobs, Elon Musk and Richard Branson. To be a successful, innovative, entrepreneur, you have to think “out of the box” as much as possible. Some entrepreneurs love this challenge, whereas others are better off with stable benchmarks.  It’s not a question of technical skill, which can be built through experience or education, but more an issue of creativity, which may also be developed through education.  This kind of difference exists between very talented craftsmen and true artists. Some people are ultimate technical experts but are unable to think differently or break the rules, which is the characteristic of a true entrepreneur. Issue 1 - 2017 61