The Innovation Imperative: How Corporations and Nations Can Thrive and Survive the Tsunami of Global Competition

By Ken Morse, Managing Director and founder of Trust Center of MIT
Entrepreneurship (formerly known as the “MIT Entrepreneurship Center”)

Government leaders across Europe and North America are seeking to formulate enlightened, effective policies to create the necessary Innovation and Entrepreneurial ecosystems and help their corporations respond to severe threats of loss of markets at home and abroad. The need to better commercialize public and private investments in R&D is well understood, but does not always happen as hoped for and mandated in well-intentioned protocols.

Hope is not a strategy. We know the European Innovation Engine may not be firing on all 8 cylinders and decisive action is required, particularly since competitor governments around the world are putting more of their muscle behind their drive for innovation.

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Interview with Bill Aulet, professor at MIT Entrepreneurship Center and mentor at Business Mentoring Program

Bill Aulet is one of the mentors from Business Mentoring Program, a Post-Privatization Foundation brand. He is a successful leader in business, with over 25 years experience in all aspects of high-tech operations, product marketing and finance strategies. He is also Managing Director at MIT Entrepreneurship Center and a regular featured speaker at management leadership programs around the world.


What is the workshop offering and what are the advantages for Romanian entrepreneurs?
Romanians have a highly developed entrepreneurial spirit, but they are not always aware of what they can do. The purpose of this workshop is to teach them what to do and how to do it, because many of them wish to be in the business environment.
Romanian entrepreneurs work a great deal and take nothing for granted. We call this immigrant mentality: they are willing to do whatever they are able to in order to succeed.

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Interview with Eusebiu Burcas, Project Manager at BurCASH and juror at Business Mentoring Program

Eusebiu Burcas is one of the jurors from the previous edition of Business Mentoring Program. Among others, Eusebiu is founder of the first independent financial education program in Romania, Management consultant, Sales and Management Trainer, Financial coach and Investor in emerging markets and online business. In a short interview, he talks about entrepreneurship in Romania and the importance of programs and events organized in order to support the entrepreneurial and business movement in Romania.


Entrepreneurship in Romania is getting more vivid every minute. More and more enthusiastic youngsters and experienced professionals want to put their business ideas in practice faster, better and with calculated risks.

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44% of the Romanian managers believe that business spirit is crucial to the success of a company

A survey carried out by the Post-Privatization Foundation using
a sample made up of businesspeople and managers at a national level

On 30 November, Post-Privatization Foundation, an organization under whose umbrella Business Mentoring Program is taking place, releases the results of the market survey which was carried out at a national level between October and November, based on the answers provided by businesspeople and managers who are involved in different lines of work. This survey provides an overall picture of the Romanian entrepreneurship, the decisions which are made in this field against the background of the current economic situation and the business environment in general, but also the important role which business training plays in the successful development of a company. Continue reading

Interview with Valentina Ion, Business Group Lead, Microsoft Romania and juror at Business Mentoring Program

Valentina Ion is one of the jurors from the previous edition of Business Mentoring Program. Valentina is Product Business Group Lead at Microsoft Romania since March 2010 but her career in the company began in 2007.


We have come across business people or entrepreneurs, but very few of them were trained so as to develop a healthy and sustainable business. Each of them made it empirically, assuming the risks and costs that could otherwise have been avoided. Continue reading

How to gain competitive advantage

By Peter Barta, Executive Director of
Post-Privatization Foundation

It might sound interesting for a title but I’m not going to talk about strategies and ways on how you would get a competitive advantage per se. It’s a warning, which again is kind of unusual for a blog post, but anyway I’m going to write it.

In most cases people think about competitive advantage as being a notion applicable only to companies since the term is associated most of the time with business and with management or strategic management. Continue reading

Business Plan Suggestions

By Ken Morse, Managing Director and founder
of MIT Entrepreneurship Center

Creating your business plan with your team is the best opportunity to confirm, for yourselves, that your venture makes good business sense, and has the potential to achieve sustainable global growth.

You are the first and foremost “customer” of your plan: it is both, a reality, a guide, and a source of FOCUS for your business. It will also change, as your understanding of your market changes. Continue reading

Interview with Marius Ghenea, entrepreneur, angel-investor and juror at Business Mentoring Program

Marius Ghenea is one of the jurors from the previous edition of Business Mentoring Program. But Marius Ghenea is known in the business world, first and foremost, as businessman, business angel, serial entrepreneur and professor of entrepreneurship. In a short interview, he talks about his involvement in this program and the importance of entrepreneurial education in Romania.


The entrepreneurial education has been completely neglected until now, probably mainly due to inertial educational system that was designed throughout the communist period in Romania not only to promote entrepreneurship and entrepreneurial values, but rather to anathematize those values considered capitalist and therefore harmful to the communist system; Continue reading

A Discussion of Key Success Factors for Ambitious Romanian Entrepreneurs

By Ken Morse, Managing Director and founder
of MIT Entrepreneurship Center

This article is for ambitious Romanian entrepreneurs, and also for the Foundations and public policy makers who want to help them achieve their full potential.
This article is based on many years of my personal experience and also upon an article written by my colleague for many years at MIT, John Preston. He was the first one who wrote about these success factors in 1997. Perhaps, after reading this article, one should be thinking: “Ahhah, those are the things I should most concentrate on: “This and that” I have control of, these things I can improve myself, and those things I know nothing about and I might want to seek some help on them.”. Continue reading