Emergence of opportunities
7 important questions on Emergence of opportunities
What are the evaluation criteria for if an idea is an opportunity?
- It must be Anchored: bound to a product, a service or an experience that creates value for others
- It must be attractive: others are willing to pay for the value that represents the idea
- at the right time and place: The environment is mature enough to receive the entrepreneur and his or her idea
- capable of being done: the opportunity is practically feasible
Bhave identified two different paths to entrepreneurship. Which two?
- in the fist parth, the entrepreneurial process starts with the individual intending to start an organisation and then looking for an opportunity.
- In the second path, the entrepreneurial process begins with the individual, more or less randomly, discovering or creating an opportunity, after which the intention to exploit it develops.
What is meant with the Schumpeterian theory?
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
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What is meant with the Kirznerian Theory?
The entrepreneur focuses on optimising and making the existing market effective.
How do Kirznerian and schumpeterian play different roles in the market?
What statement do Shane and Venkataraman make in the context of discover opportunities?
What is the perspective of Sarasvathy et al on the discovered or created opportunities?
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding
