9. During the beginning phase of an industry's evolution, it is important for a company to control the of its products. During the maturity/saturation phase, it is important for a company to control the_of its products. Bargaining power; market power Market power, bargaining power Uniqueness: complementary assets Complementary assets: uniqueness 10. How do social ventures differ from traditional ventures? E Social ventures focus on social and/or environmental impact but not profits Traditional venture capital is often not an option for social ventures It is easier for social ventures to scale Social ventures only focus on healthcare sanitation education, and energy sectors 7. The difference between intrapreneurs and entrepreneurs is: O Intrapreneurs want to start big businesses, entrepreneurs want to start small businesses Entrepreneurs want to start big businesses, intrapreneurs want to start small businesses Entrepreneurs launch their own businesses, intrapreneurs start businesses inside established companies Entrepreneurs use bank loans to fund their business, intrapreneurs use venture capital 8. What is an effective strategy that would help overcome challenges associated with transitioning from the "ferment" to the "takeoff period? Release a complementary product Reduce entry cost for complementers to join your network Develop a product that appeals to early adopters e compete in the largest market segment with the industry incumbent 5. In 2014, high-tech small businesses (less than 250 employees) created_% of private sector jobs. O 20-30% O 30-40% O 0-10% O 10-20% 6. Impact entrepreneurs can scale through which of the following methods? All answers are true Increase geographic reach through franchises Partner with someone who has last-mile reach at scale O Influence policy changes