Lausanne, Switzerland

Management, Technology and Entrepreneurship

Master's
Language: EnglishStudies in English
Subject area: economy and administration
University website: www.epfl.ch
Entrepreneurship
Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Technology
Technology ("science of craft", from Greek τέχνη, techne, "art, skill, cunning of hand"; and -λογία, -logia) is first robustly defined by Jacob Bigelow in 1829 as: "...principles, processes, and nomenclatures of the more conspicuous arts, particularly those which involve applications of science, and which may be considered useful, by promoting the benefit of society, together with the emolument [compensation ] of those who pursue them" .
Technology
We cannot idealize technology. Technology is only and always the reflection of our own imagination, and its uses must be conditioned by our own values. Technology can help cure diseases, but we can prevent a lot of diseases by old-fashioned changes in behavior.
President Bill Clinton Remarks at Knoxville Auditorium Coliseum, Knoxville, Tennessee (10 Oct 1996) while seeking re-election. American Presidency Project web page.
Management
Poorly managed corporations, disorganized businesses, and badly led service agencies experience crisis daily and most will eventually fail. In contrast, the danger is to well organized, smooth running institutions that may not recognize a building crisis. Too often, sound organizations rely on their normal modus operandi to pull them through a crisis. It might. But at what cost? And what if it does not pull them through?
Wheeler L. Baker, Crisis Management: A Model for Managers (1993), p. 6
Technology
Engineering or Technology is the making of things that did not previously exist, whereas science is the discovering of things that have long existed.
David Billington, The Tower and the Bridge: The New Art of Structural Engineering (1983), 9.
Privacy Policy