Question: Answer each of the following: What are the three basic types of startup ideas? What are the most common sources of inspiration for startup ideas?

Answer each of the following: What are the three basic types of startup ideas? What are the most common sources of inspiration for startup ideas? List and describe the 12 approaches that can be used to generate creative new business ideas. What are the most important features of each of these? List the six most important trends of the general environment. Give a hypothetical example of a way in which each trend might affect a small business. How are tangible and intangible resources related to a ventures capabilities? How are capabilities linked to core competencies? What is the connection between core competencies and competitive advantage?

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