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DecoLens (Decoding Lens) is an eye-assistant that translates human gesture and expression into description. This lens apply algorithms to create artificial intelligence in decoding visual images into text in real time. It helps someone knowing the psychological condition of interlocutors and people around. This AI lens supports the development of business, education and social field. For example, marketing sales are helped by this DecoLens to find best product for their consumer. They are able to know the customer preferences, state of emotional and interest.
Joseph Alois Schumpeter (1883 – 1950) was an Austrian-born American economist and political scientist. He briefly served as Finance Minister of Austria in 1919. In 1932 he became a professor at Harvard University where he remained until the end of his career. One of the most influential economists of the 20th century, Schumpeter popularized the term “creative destruction” in economics.
Peter Drucker (1909 – 2005) – the entrepreneur is someone who actually searches for change, responds to it, and exploit change as an opportunity. He was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as “the founder of modern management”.
- Liberty Fund, Inc. (2007-10-08). “Joseph Alois Schumpeter: Biography”. Econlib.org. Retrieved 2010-09-21.
- Stone, Brad; Vance, Ashlee (January 25, 2009). “$200 Laptops Break a Business Model”. New York Times. Retrieved 2010-09-21.
Indeed, Silicon Valley may be one of the few places where businesses are still aware of the ideas of Joseph Schumpeter, an economist from Austria who wrote about business cycles during the first half of the last century. He said the lifeblood of capitalism was ‘creative destruction.’ Companies rising and falling would unleash innovation and in the end make the economy stronger.
- Drucker, Peter F. “Reflections of a Social Ecologist,” Society, May/June 1992.
- Denning, Steve (August 29, 2014). “The Best Of Peter Drucker”. Forbes
What is Entrepreneurship?
- The concept of entrepreneurship was first established in the 1700s
- Starting one’s own business
- One who is willing to bear the risk of a new venture if there is a significant chance for profit
- An innovator who markets his innovation
- Entrepreneurs develop new goods of processes that the market demands and are not currently being supplied
- Economist Joseph Schumpeter (1883 – 1950) viewed entrepreneurship as a force of “creative destruction”
- The entrepreneur carries out “new combinations” thereby helping render old industries obsolete
- Established ways of doing business are destroyed by the creation of new and better ways to do them
- Peter Drucker (1909 – 2005) – the entrepreneur is someone who actually searches for change, responds to it, and exploit change as an opportunity
- Changes in communications – from typewriters to personal computers to the internet – illustrates these ideas
- Entrepreneurship is a necessary ingredient for stimulating economic growth and employment opportunities in all societies
- In the developing world, successful small businesses are the primary engines of job creation, income growth, and poverty reduction
- Government support for entrepreneurship is a crucial strategy for economic development
- Small businesses represent 99.7% of all employer firms (U:S. Small Business Administration (SBA)).
- Since 1996, small businesses have generated 64% of new jobs
- “Policies to foster entrepreneurship are essential to job creation and economic growth.” (Business and Industry Advisory Committees to the Organization for Economic Cooperation and Development (OECD), 2003)
- Laws to en-force property fights and to encourage a competitive market system
- Culture’s influence on entrepreneurship
What Makes Someone an Entrepreneur?
- Who can become an entrepreneur?
- Most successful entrepreneurs share certain personal attributes including creativity, dedication, determination, flexibility, leadership, passion, and confidence.
- Creativity – the spark that drives the development of new products or services or ways to do business
- Push for innovation and improvement
- Continuous learning, questioning, and thinking “outside the box.”
- Dedication – motivates the entrepreneur to work hard (long hours, especially at the beginning)
- Planning and ideas must be joined by hard work
- Dedication makes it happen
- Determination – the extremely strong desire to achieve success
- Bounce back after failure
- Money is not the motivation
- Success is the motivator, money is the reward
- Flexibility – the ability to move quickly in response to charging market needs
- Being true in dream, being mindful of market realities
- Adapt to market changes and needs
- Leadership – the ability to create rules and to set goals
- capacity to follow through to see that the rules are followed and goals are accomplished
- Lead by examples (don’t expect others to do what you are not willing to do)
- Passion – what gets entrepreneurs started and keeps them there
- The ability to convince others to believe in their vision
- Not a substitute for planning
- Stay focused
- Self Confidence – through planning which reduces uncertainty and the level of risk
- Comes from expertise
- Gives the ability to listen without being easily swayed or intimidated
- Smart – common sense joined with knowledge or experience in a related business or endeavor
- Common sense = good instinct
- Knowledge = expertise
- Organizational and financial skills
- Employment and with it economic growth?
Things to Think
- What do you think machine that can easier your life?
- Why and how do people become entrepreneurs?
- Why is entrepreneurship beneficial to an economy?
- How can governments encourage entrepreneurship?
DeShire Hairdressing Game Concept
In this week, I make a concept for building my game based on the website and mobile application I made before. The topic is Deshire Hairdressing Game. Background of the chosen topic is to offer more interactivity in the game which includes: hairstyling and dressing (clothes and apparels) related to my website and mobile app.
Based on the target audience, the theme I picked is girly fashion in contemporary style. I plan to make the clothes and apparel fit to the four main scene:
- 14 December, Laura is having birthday party in her house
- 21 December, Laura attends wedding party in Java, Indonesia
- 25 December, Laura celebrates Xmas in Singapore
- 31 December, Laura hangs out for New Year in Japan
The logic game will make the player to hairdressing Laura based on the date. The more match the dress the higher points player will get. For perfect dress, player will get 100 points. After pass the level, the player will be levelling up and unlock the locked items. Besides, the player can get extra 25 points for sharing its result to social media.