Cascade Innovation, a Model of a Romanian, Original Business Economy

• Author: George Teodorescu
• Pages: 105-110

Entrepreneurial Higher Education and Economic Progress

105

Cascade Innovation, a Model of a

Romanian, Original Business Economy

George Teodorescu1

Abstract: Every nation and its culture have an own mentality profile behind the economy surface. This

mentality profile should be reflected in the general features of the business culture. Better the business culture

is matching the mentality, more dedicatedly a nation can exploit its talents for its economic success. However

they are nations, with an outstanding talent of intuition and creativity, where the spontaneous solutions and

their variety build a sizeable short cut and surprising results, even if some aspects are not addressed in the

process and the solutions are not as optimum.

Keywords: mentality profile; economic success; business models

Mentality Specific Business Models

Every nation and her culture have an own mentality profile behind the economy surface.

This mentality profile should be reflected in the general features of the business culture.

Better the business culture is matching the mentality, more dedicatedly a nation can exploit her talents

for her economic success.

Some nations are excellent in a thorough planning, upgrading consequently with incremental steps;

 others are concentrating with acerbic focus on perfection and sense of quality;

 and yet others have an outstanding replicating talent and productivity.

However they are nations, with an outstanding talent of intuition and creativity, where the spontaneous

solutions and their variety build a sizeable short cut and surprising results, even if some aspects are not

addressed in the process and the solutions are not an optimum.

This dichotomy is striking in the approaches to planning.

They are there two dominant mentalities, which determine the strategies to follow:

- the comprehensive planning, assuming that everything will stay under control;

1 Professor, PhD, Chairman Danubius Academic Consortium, Head of the Institute for Integral Innovation, Germany,

Address: 4i Gewerbestrasse 11 71332 Waiblingen, Germany, Tel.: (0049) 7151 9750262, Fax: (0049) 7151 9750623 ,

Corresponding author: george_teodorescu@yahoo.de.