1.In the movie there is a guy named Preston Tucker who has always had an innovative and creative mind. This movie is set in the time of world war 2 and Tucker finds a way to innovative military vehicles into going faster and adding a military gun and protective glass so that people could shoot safely while driving the vehicle. Even though the military turns it down they still keep the concept of the turret and glass protection idea and apply it to other vehicles. This example shows that even early on Tucker was a forward thinking person. Later on after the war he comes up with this idea of a new innovative car which changes the way people think about cars. Some of his ideas are to have the engine in the back rather than the front, a new design for the car, seatbelts and a much better engine then the big 3 had. He then caught traction when he promoted it in a magazine and then got his first investor when he saw the traction it was picking up. He then began to pick up more investors and got enough money to secure the biggest factory in the world even without a prototype. It takes him 60 days to build a prototype that was barely complete by the time of the unveiling. He then goes on a promotion tour while operations continue while he is gone. He then has to go back to the operations after hearing his board of directors are taking over. Once he figures everything out including the problem of a lack of steel they start to produce cars. Then the government gets involved over the threat of the big 3 going down and tries to charge him with fraud. They eventually win and make the company go out of business but Tucker gets no time after a speech that he gave the jury about innovation. It is entrepreneurial because it walks through all of the ups and downs of running a start up business and also speaks a lot about innovation.2. It is interesting to see how much risk can come with being creative and running a business. There was so much potential in this idea but there was also so much risk involved. He didn't even have a prototype and he still went out and bought the biggest factory in the world. It's also interesting to see all the ways he advertised the product/ idea to investors and potential customers, he did a good job of building hype for the car. It was also interesting to see that even though his car did not become successful, people still implemented some of his safety ideas like the seatbelt.3. The relationship between the entrepreneur and society was a close one. Most of his actions in the movie were about different ways of promoting his car. He understood that if he got society on his side and hyped up about his cars then he would sell products. He specifically made the car to suit the average person better than the big 3 with the innovation he had in safety features and the look of the cars. He did everything in mind of the consumer and when there were problems that came up he persisted that the car is made just the way he wanted it to be made. Even at the end of the movie when he gave his speech about innovation and the American dream, it showed that he cared more about societal changes rather than making a profit. In the last class we talked about optionality and how entrepreneurs can help society by providing more options. I feel like society supported Tucker and his innovation because they wanted something new on the market. The big 3 had dominated the car industry and there was no other option and so Tucker decided to be that change that society wanted. The interaction between society and Tucker was interactive. Whether it was hosting a reveal showing or going on a advertising tour or people sending letters in it just seemed like they were very connected. Tucker gave society what they wanted which was change and society gave Tucker what he wanted was fame and this idea of the American innovative dream.
