Summary: Entrepreneurship
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Read the summary and the most important questions on entrepreneurship
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01-05-2017
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What is a business model?
Describes the principles of how value can be created, discovered and exploited. -
What is important in the finance section?
State your planning period
Profit and loss statement
Determine break even point
Balance sheet
Cash flow statement -
02-05-2017
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How can you assess knowledge utilization?
there are two domains:
Research quality
Societal relevance
Three dimensions:
Demonstrable products
Demonstrable use of products
Demonstrable marks of recognition -
What is the triple helix?
Interaction between research sector, private sector and public sector -
networking
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What is the essence of networking?
How can I help and benefit people in my network -
Entrepreneurship
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What is the valley of entrepreneurial death?
The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. -
What are a few types of entrepreneurs?
Nascent entrepreneurs
Serial Entrepreneurs
Portfolio
Gazelle
Stable
Social
Sustainable
Corporate
Public
Academic
Student
Criminal -
What are two major drives for entrepreneurship?
opportunity driven
Necesiity driven -
What is the difference between tangible and intangible resources?
Tangible is physical such as financials
Intangible are social networks, reputations, intellectual capital and so on -
What means bootstrapping a business?
Starting a business without external help or capital
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