Concepts Processes And Practice Of Entrepreneurship A Primer On Innovation And Venture Creation Global Edition Milton Rajaratne - Solutions

Unlock the full potential of "Concepts Processes And Practice Of Entrepreneurship" with our comprehensive online solutions. Access our answers key, featuring detailed solutions in PDF format, to enhance your understanding of solved problems. Our solution manual offers step-by-step answers and chapter solutions, ideal for both students and instructors. Explore our extensive test bank of questions and answers, supported by an instructor manual for a thorough educational experience. This textbook's free download option provides unmatched convenience for learners seeking a deeper grasp of entrepreneurship concepts and practice.

Innovation challenge Individually or working in small groups, select any two new or emerging technologies from the list of technological drivers below. Develop a new business idea which uses both technologies and prepare a 10-minute presentation detailing your new business idea using the
We have categorised ‘social entrepreneurship’ as one type of entrepreneurship, alongside ‘rural entrepreneurship’ for example. Do you think this is appropriate, or is social entrepreneurship fundamentally different from the other types we have considered in this chapter?
Do you think it is more important for a government to promote innovative entrepreneurship or replicative entrepreneurship(Baumol 2010) (Section 2.4)? Give reasons for your answer.
Rates of business ownership are higher among immigrant entrepreneurs and much higher than those of natives in many developed countries, including the USA, UK, Canada, and Australia (Bluestein 2015) (Section 2.3). How can we explain these differences?
Refer back to the Chapter 1 activity ‘What does it take to be an entrepreneur?’.Select one type of entrepreneur and try to identify any additional requirements. For example, if you selected a ‘technology entrepreneur’ you might refer to technical expertise (or at least a capacity to
Conduct a web search to find your own examples of at least five of the nine types of entrepreneur summarised in Section 2.2 and prepare short summaries. How far to your examples match the descriptions given in the chapter? Did you find any overlapping categories?
What are the key resources needed by women entrepreneurs?
Describe why the contribution of Deki and IADES is important to the resource acquisition phase in the entrepreneurial lifecycle of the entrepreneurial ventures in Togo.
Why is the partnership with IADES important to Deki?
Consider the evolution of the charity’s business model from startup to the current day. Which of the nine segments from the Osterwalder business model canvas has been the subject of major change? Describe those changes.
Consider the course designed by Building Up and Unikemia for the specific context described in this case. Assess the level of their adaptability as innovators.1 Consider the role of alliances and partnerships in bringing this educational initiative to life. How important are these partnerships?2
Consider the role of alliances and partnerships in bringing this educational initiative to life. How important are these partnerships?
Based on the open innovation model by Chesbrough, could ICH be considered a successful ecosystem of open innovation? Explain your arguments.
Assess the role of ICH in the generation of value for its members.
a Why is it important for a high-end disruptor to build scale as quickly as possible?b Both Apple’s iPhone and Tesla’s Model S exemplify the importance of capturing public imagination and aspiration when launching a new highend product. List two or three positive implications for each firm that
a. Outline the entrepreneurial lifecycle of Luko. In particular, describe the way the need or problem was identified, the way the idea was created, the way the business model was generated, the resources acquired over time, and the way the business was scaled upb. Reflect on the way Luko has
Suggest essential principles and practices for an entrepreneur to become a good Corporate Citizen.
What are the socially friendly entrepreneurship practices in contrast to socially hostile practices?
Examine the major views for and against the corporate social responsibility and ethics quoting major thought leaders.
“Commitment to social responsibility and ethics incur costs and yield benefits to entrepreneurs.” Discuss whether the benefits can trade off the costs.
“Entrepreneurial goals and social goals are conflicting.” Comment.
“Society is a watchdog of business activities and thus the entrepreneurs must constantly adopt social friendly operations.” Critically evaluate this statement.
Define Corporate Citizen and identify the responsibilities of a Corporate Citizen. Explain why an entrepreneur is expected to become a good Corporate Citizen.
“Corporate ethics are a set of different principles compared to CSR and they are more related to attitudes than obligations.” Critically evaluate.
“Corporate Social Responsibility (CSR) is constructed at different levels.” Identify the levels of CSR and describe the responsibilities pertaining to each level.
Discuss how corporate social responsibility and ethics have been proliferated by the major thoughts.
Describe the nature, principles, and practice of entrepreneur responsibility and ethics.
Discuss whether entrepreneur social responsibility and ethics are complementary to public laws or a public duty of organizations.
Explain what is meant by “entrepreneur social responsibility and ethics.”
Explain how the colonial policy regimes converted non-entrepreneurial nations into entrepreneurial nations during the colonial administration. Give examples from the experience of Africa, Asia, and South America.
“Sri Lanka’s political economy of entrepreneurship sharply contrasts between two periods: 1948–1978 and post 1978 period.” Contrast the public policies of the two political economic regimes.
“South Asia is a latecomer in liberalization of entrepreneurship and now gaining momentum of entrepreneurship power in the region.” Comment.
“China’s stepwise economic liberalization led to massive entrepreneurship development since mid-1970s.” Explain the political economy of entrepreneurship of China.
“The East Asian nations adopted private entrepreneurship friendly policies as early as 1960s and became high entrepreneurial and high-income countries after two decades.” Express your views on this statement.
Describe the entrepreneurial experience of Sri Lanka as a case of political economy of entrepreneurship comparing with another country of your choice.
“Annual Budgets, Parliamentary Acts, and Ordinances are impor-tant sources of public policy on entrepreneurship.” Explain how they are useful for researchers.
Assess the impact of nationalization and privatization policies of governments on the private sector entrepreneurial spirit providing specific examples.
Differentiate between the state entrepreneurship and the private entrepreneurship highlighting the differences of their objectives and practices.
Evaluate political economy of entrepreneurship as a new field as it suggests vast potential for the prospective researchers to investigate the role of the state.
“Political economic ideology of the state determines entrepreneur-ship environment of nations.” Discuss referring to diverse political ideologies.
“Governments assume an important role in entrepreneurship via regulating and creating state enterprises.” Explain why govern-ments intervene in entrepreneurship.
Discuss the relationship among the government, public policy, and entrepreneurship opportunities.
Define political economy of entrepreneurship.
“SelectionofacountryforentrepreneurialoperationsisguidedbytheRisk-ReturnMatrix.”DiscusshowtheRisk-ReturnMatrixguidesentrepreneursinmakingEntry,Exist,orExit(3Es)deci-sions.
Assesstheimpactofinternationaleconomicsystemsasaninfluen-tialfactorofdetermininginternationalentrepreneurship.
“ThePoliticalFreedomMatrixmeasuresthepoliticalimpactoninternationalentrepreneurship.”Explain.
DescribethescopeofinternationalentrepreneurshipopportunitiesthatcanbeappropriatedtotheCultureMatrix.
“Thedegreeofinternationalizationofentrepreneurshipismeasuredusingfivecriteria.”Workoutanexample.
Examinethemajoradministrativemodelsofinternationalbusinessanddescribetheiroperationalpractices.
“MultinationalCorporationsareasignificantindicatorofinterna-tionalentrepreneurship.”Numericallyelaboratethedimensionsofthemultinationalfirm.
Whatdotheinternationalentrepreneurscommonlyseektoaccessinforeigndestinationswhenmakinginternationalizationdecision?
“FranchisingandLicensingareamajorfieldofinternationalentrepreneurshipatpresent.”Examinethisstatementwithrelevantdata.
Describethefactorsthathavepromotedthegrowthofinterna-tionalentrepreneurshipintherecentpast.
AnalyzetherecentdataoftheWorldInvestmentReportandhigh-lightthenatureandmagnitudesofinternationalentrepreneurship.
“Ownership,Locational,andInternalization(OLI)factorswerecombinedbyJohnDunningtoconstructtheEclecticparadigm;aformulathatexplaininternationalentrepreneurship.”Discuss.
Discusshowownershipadvantagesandlocationaladvantagescollectivelydetermineopportunitiesforinternationalentrepreneur-ship.
“International‘internalization’causesinternationalentrepreneur-ship.”ExplainreferringtothepropositionofRonaldCoase.
Define and trace the boundaries of international entrepreneurship.
Describe the entrepreneurship culture in Europe taking into consideration the political differences, formality, punctuality, seri-ousness, language, and geographic diversity.
“Small talk, humor, openness, friendliness, professionalism, punc-tuality, and speed of decision-making are major characteristics of the US business culture.” Comment.
Discuss the would be experiences in regard to punctu-ality, conducting meetings, negotiations, socialization, and trust building with the business counterparts of Arab.
Identify the unique features of the Middle Eastern business culture.
Comment on the bureaucracy and bureaucratic practices of India and the feasibility in concluding business deals with Indian govern-ment officials.
Discuss how foreign business counterparts should handle appoint-ments, business meetings, punctuality, business deliberations, decision-making, and communication in the Indian business culture.
Explain how the ethnic, religious, language, and geographic diver-sity of India matter to the foreigners dealing with Indian business counterparts.
“Business meetings, decision-making, handling of business cards and gifts, socialization, and building trust are highly standard-ized in the Japanese entrepreneurial culture.” Elaborate giving examples.
“Mannerism, values, attitudes, and customs are unique in Japan and thus the foreign business counterparts are required to take extra awareness of them.” Describe giving examples and instances.
Explain the differences, compared to private businesses, that foreign business counterparts should be familiar with when dealing with the Chinese government officials.
“Familiarity with foods, drinks, attire, gifts, taboos, colors, choice of numbers, and meeting protocols is crucial for foreign entrepreneurs when dealing with Chinese counterparts.” Elabo-rate.
What are the unique characteristics of the Chinese business culture with regard to decision-making and trust building between busi-ness counterparts?
Explain why the knowledge of comparative entrepreneurship culture is important for entrepreneurs.
“Comparative entrepreneurship advocates understanding of socio-cultural differences and their impacts on the cross-border busi-ness.” Critically evaluate this statement.
Evaluate the effects of entrepreneurship development programs in contrast to the notion “entrepreneurs are born not made.”
“Entrepreneurship development programs are not only helpful for prospective entrepreneurs but also for the existing entrepreneurs.” Elaborate the scope and role of ED programs.
Compare the National Entrepreneurship Development Agency of Sri Lanka with a similar organization of another country and assess their effectiveness.
Examine whether there is a connection between social entrepreneurship development projects and entrepreneurship development programs.
“Non-Government Organizations (NGOs) are keen in facilitating entrepreneurship development programs.” Identify the reasons for the NGOs to do so.
“Entrepreneurship development programs sometimes take the nature of social welfare programs.” Comment.
Compare the nature and role of the entrepreneurship development organizations between South Asia and East Asia highlighting the major differences.
“There are entrepreneurship development support organizations in every country.” Explain the role of the entrepreneurship develop-ment support organizations.
Discuss whether entrepreneurship development programs are more useful for the economically backward countries?
Elaborate on the general format of entrepreneur development programs describing their components also.
Describe the following points in connection to entrepreneurship development programs;a.Target groups b.Aims and objectives c.The focus d.Approaches.
“Entrepreneurship development programs contemplate to create entrepreneurs.” Discuss how successful are the EDPs in creating entrepreneurs.
“Entrepreneurship Development is a need of all nations.” Discuss the different needs for entrepreneurship development in different countries.
Define entrepreneurship development programs (EDP) and ascer-tain their scope.
“Hybrid entrepreneurship is equally useful for developing and developed countries.” Explain why.
Define hybrid entrepreneurship and explain why people tend to start hybrid entrepreneurship.
List out both advantages and disadvantages and identify limitations of family entrepreneurship.
Discuss whether the Three Circle Model is an appropriate tool to distinguish family entrepreneurship from conventional entrepreneurship.
What is family business and family entrepreneurship? Explain how family business can be interpreted as a neo-business model.
Examine the inherent issues of the women entrepreneurship in the developing countries and recommend solutions to them.
“Women entrepreneurship is supported by many organizations.” What are those organizations and their supports?
Explain why women entrepreneurship is important giving reasons for and describing motives of women entrepreneurship.
Differentiate between social enterprise and social business. Provide suitable examples to prove the differences.
Illustrate the purposes and types of social entrepreneurship and explain what social entrepreneurs do to the society.
Describe the intrapreneurship models such as Enabler, Producer, Opportunist, and Advocate highlighting their special features.
What is corporate entrepreneurship, which is also referred to as intrapreneurship, and the difference between entrepreneur and intrapreneur?
What are the types of entrepreneurships that are considered as neo-entrepreneurship models? Explain why.
Compare conventional entrepreneurship models with neo-entrepreneurship models.

Showing 100 - 200 of 1043

Concepts Processes And Practice Of Entrepreneurship A Primer On Innovation And Venture Creation Global Edition Milton Rajaratne - Solutions

Step by Step Answers