The Entrepreneurial Mind
CHRISTINE BIANCA B. CHUA
Name : _________________________________
Session 1: Entrepreneurship and His Roots
Innovative Enterprise in
the Philippines
(10 points)
NXLED
Every Filipino may benefit
from NXLED's creative and
high-quality lighting. On
January 19, 2012, it was
unveiled in an NBC tent by
Akari Lighting and
Technology Corporation.
This device provides
consumers with a range of
lighting options in one
package, eliminating the
need for special installations
at home or at work. Stylish,
Modern, Energy Efficient,
Clean, Elegant, and Flexible
are some of the qualities of
NXLED. NXLED lighting is
less expensive and more
environmentally friendly to
operate than traditional
lighting. NXLED products
are ideal for replacing
existing lighting fixtures or
simply adding a pop of color
to your existing lights.
Akari's Nxled series includes
a variety of high-quality LED
products, including bulbs,
down lights, strip lights,
08/22/21
BSA 1-B Date: ____________
Specific Innovations
(10 points)
A Bluetooth smart LED
music series is one of the
innovations introduced by
NXLED. NXLED also
introduced an emergency
bulb that will turn on
automatically if there is a
power outage. The NXLED
Chameleon Series, which
changes to the user's
mood, preference, or
necessity, was introduced
by Akari Lighting and
Technology Corporation.
Furthermore, the
Dimmable Series without
Dimmer Series from
NXLED allows lighting
items to dim without the
use of a dimmer switch. All
of the advances are suited
for those who are
concerned about energy
and the environment. To
summarize, NXLED is a
highly small and versatile
light source that comes in a
number of shapes and
sizes and may be used for
a variety of purposes.
Schumpeter’s Type/s of
Innovation Used
(10 points)
Among the Five types of
innovation, I noted two innovations
that are applied to the enterprise,
which are the Product and the
Source of Supply. NXLED
introduced items that were novel,
original, and diverse, resulting in
an improvement in lighting and
technology in the Philippines.
They offer things that are
conveniently available and
beneficial to Filipinos' lives.
NXLED manufactures
environmentally friendly devices
that help to conserve energy and
reduce electricity consumption.
The company employed materials
or parts that benefit both society
and the environment, such as
raising Lumens, which increases
the brightness of the bulb and
extends the bulb's life span.
NXLED offers a combination of
beauty, advanced technology,
efficiency, innovative and cost-
effectiveness.
 street lights, bollards, and
wall lights, among others.

SOURCES:

NXLED (2019), The Smart Solution for different lightning needs.

Retrieved from: http://nxled.com.ph/the-smart-solution-for-different-lighting-needs/

Pressreader (2012), Akari to launch next generation LED lights at NBC tent.

Retrieved from: https://www.pressreader.com/

NXLED (2019)

Retrieved from: http://nxled.com.ph/

Gmdu (2021), NXLED - The Future is LED

Retrieved from: https://www.gmdu.net/corp-888562.html