Entrepreneurial toolset - Lecture: Wrap up total all weeks_Final
23 important questions on Entrepreneurial toolset - Lecture: Wrap up total all weeks_Final
What are the 3 steps of the entrepreneur process?
- Spark ( idea)
- Explore ( venture idea generation)
- Create ( Venture opportunity development)
What is Managerial thinking ( Causal ) ?
Selecting between given means to achieve a pre-determined goal. Etc: Sports goal
What is effectuation theory? And the 4 kenmerken?
- A thinking framework
- A set of heuristics to create value
- Doing the do-able
- How to get the sellable products and services established
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
What is the working definition of 'creativity'?
What is the working definition of 'ideation'?
What is the working definition of 'innovation'?
What are the main four elements of 'radical innovation'?
- Significant breakthrough
- swims against the tide
- Starts within future
- High level of scientific discovery (push)
- happens less
What are the main four elements of 'incremental innovation'?
- Minor modification to existing products
- swims with the tide
- Starts with the present and work forwards
- Come from market analysis- Pull
What are the 5 categories of new food products innovation?
- Me-too products
- New packing solutions
- Line extensions
- Co-innovation
- True innovative products
What is the definition of 'entrepreneurship' in an innovation context?
What are the two types of innovation?
- Open innovation
- Closed innovation
With types of thinking occur when you go from a a problem to a solution?
- Divergent thinking ( Create choices )
- Convergent thinking ( Make choices )
What is the working definitions of 'Value proposition?
the sum of the functionality of your proposition
based on the pain relievers and gain creators your product offering to a specific customer.
What is working definition of 'Customer profile'?
What are the 3 elements of a customer profile?
- Gain and benefits
- Pains and risk
- Jobs and tasks
Value for whom?
What are the 3 elements of a value map(Consumer needs)?
- Gain creators
- Pain relievers
- Products and services
When do you have a market fit?
What is the function of the 'Mom test'?
- Helps to validate assumptions
Entrepreneurship: What is the difference between Classical versus sustainable?
- Value-driven
- Complexity of problems
- Risks
Where do sustainable entrepreneurship overlap with the classical approach?
- Opportunity identification
- Value-creation
- Need to earn money
What are the 6 competencies for a sustainable entrepreneur? (new to old)
- Foresighted thinking
- Normative competence
- Strategic action competence
- System thinking competence
- Diversity competence
- Interpersonal competence
Revenues - Costs /= Profit , what are the other elements?
- Balance environmental and societal impact with financial profit
- Include aspects of
- Governance
- Employees
- Community
- Customers
- Environment
What are 3 canvases regarding sustainable fincance?
- Prosperity canvas
- People canvas
- Planet canvs
The question on the page originate from the summary of the following study material:
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