Entrepreneurship and innovation
management Final Exam 2025
update|comprehensive questions
and verified answers (complete
solutions) A+ GRADE!!
Save
Terms in this set (188)
An entrepreneur is the person who
destroys the existing economic
What is the order by introducing new products
classic definition and services, by introducing new
of methods of production, by creating
entrepreneurshi new forms
p? "Schumpeter" of organization, or by exploiting
new raw
materials.
, 1. Financial resources
2. Support from government
3. Entrepreneurship education
4. Research and Development (R&D)
What makes a
transfer
country
5. Commercial and legal
entrepreneurial?
infrastructure
6. Entry regulation
7. Physical infrastructure
8. Cultural and social norms
-primary source of new jobs in the
economy.
-Driving force in the economy
Why is
-Outstanding source
entrepreneurshi
of innovation
p important?
-Is the essence of the "American
Dream"
-Creates wealth-advances society
, -innovation and creativity
-opportunity recognition and
assessment
What are the -Strategic business planning
core -Management and leadership
competencies -Negotiation and conflict resolution
required for an -Financial analysis and budgeting
entrepreneurial -Sales and marketing analysis
mindset? -Verbal and written communications
-Team-Building
-Risk management
-Willingness to try--and possibly fail.
What are the 5 1. The skill of play
skills most 2. The skill of experimentation
important to the 3. The skill of empathy
practice of 4. The skill of creativity
Entrepreneurshi 5. The skill of reflection (focal point)
p?
management Final Exam 2025
update|comprehensive questions
and verified answers (complete
solutions) A+ GRADE!!
Save
Terms in this set (188)
An entrepreneur is the person who
destroys the existing economic
What is the order by introducing new products
classic definition and services, by introducing new
of methods of production, by creating
entrepreneurshi new forms
p? "Schumpeter" of organization, or by exploiting
new raw
materials.
, 1. Financial resources
2. Support from government
3. Entrepreneurship education
4. Research and Development (R&D)
What makes a
transfer
country
5. Commercial and legal
entrepreneurial?
infrastructure
6. Entry regulation
7. Physical infrastructure
8. Cultural and social norms
-primary source of new jobs in the
economy.
-Driving force in the economy
Why is
-Outstanding source
entrepreneurshi
of innovation
p important?
-Is the essence of the "American
Dream"
-Creates wealth-advances society
, -innovation and creativity
-opportunity recognition and
assessment
What are the -Strategic business planning
core -Management and leadership
competencies -Negotiation and conflict resolution
required for an -Financial analysis and budgeting
entrepreneurial -Sales and marketing analysis
mindset? -Verbal and written communications
-Team-Building
-Risk management
-Willingness to try--and possibly fail.
What are the 5 1. The skill of play
skills most 2. The skill of experimentation
important to the 3. The skill of empathy
practice of 4. The skill of creativity
Entrepreneurshi 5. The skill of reflection (focal point)
p?
