Necessity-Driven Entrepreneurship 
Necessity-Driven Entrepreneurship
by Stanford / Randy Komisar
Video Lecture 5 of 11
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Date Added: December 31, 2009

Lecture Description


According to Komisar, most entrepreneurship in the world is not mission-driven, but inspired by necessity. In many economies, entrepreneurship provides a surrogate notion of empowerment and democracy. He also explains what makes the entrepreneurship in Silicon Valley so unique.

Course Index

Course Description


Randy Komisar answer questions on Entrepreneurship for Stanford University students on March 3, 2007. Randy Komisar, a partner at Kleiner Perkins Caufield & Byers and author of the best-selling book The Monk and the Riddle, talks about how innovation occurs at Kleiner Perkins. Instead of giving projects a thumbs up or thumbs down, the firm uses a set of filters to review and improve these projects. Through this process of iteration, innovation and problem solving occurs between investors and entrepreneurs, he notes.

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