Open AccessIntellectual Entrepreneurship: Theories, Purpose and Challenges
Author(s) -
Adebiyi Julius Abosede,
Adegbemi Babatunde Onakoya
Publication year - 2013
Publication title -
international journal of business administration
Language(s) - English
Resource type - Journals
eISSN - 1923-4015
pISSN - 1923-4007
DOI - 10.5430/ijba.v4n5p30
Subject(s) - sine qua non , intellectual property , entrepreneurship , intellectualism , creativity , context (archaeology) , sustainability , business , sociology , political science , law , paleontology , ecology , finance , biology
Entrepreneurship and intellectualism are usually seen in different forms, but one can reinforce the other. Intellectual competencies have become quite useful in an increasingly complex context of business activities and thus have the potential of reinforcing entrepreneurship. Entrepreneurship is one of the factors of production. The challenge for intellectual entrepreneurial organizations therefore lies less in the creation of esoteric ideas for the shelves, but collaboration with enabling agents for converting creativity in form of the knowledge assets to innovation and wisdom for it to become more relevant in promoting sustainable economic growth. However, the legal protection of intellectual property rights is sine qua non to successful implementation and long-term entrepreneurship sustainability on the platform of intellectualism