MC questions 2014

9 important questions on MC questions 2014

It has been argued that behaviour is best predicted by individual different concepts proximal to entrepreneurship. Which concept is most proximal to behaviour?

Intentions

Entrepreneurs play an important role in Schumpeters definition due to:

Creative destruction

..... is NOT nested in the cognitive approach which are useful to explain opportunity recognition

Risk taking
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The information based approach to opportunity recognition assumes:

The economy strives toward equilibrium

An entrepreneur overstates his capabilities and product potential in order to get financed from external financers. This type of agency problem is called:

Adverse selection

According to Davidson 2005, what is NOT entrepreneurship?

Creation of a spinout

Business angels typically invest:

Through equity and loan combinations.

Harrison 1994 characterized concentration without centralization as:

Decentralized production activity with concentrated control over resources.

According to entrepreneurship policy framework (Verheul et al 2002) innovation policy and income policy can influence:

Type and number of entrepreneurial opportunities

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