Reference no: EM132177480
Write 3-4 paragraphs provide analysis and insights regarding class content in your answers, not just definitions. Answers exploring the deeper meaning and impact of the concepts.
1. What is equity? What is debt? Describe the characteristics and benefits of each. What is crowdfunding? How has it changed entrepreneurship and innovation?
2. We live in an entrepreneurial world and much is expected of innovators & entrepreneurs. Is there are darkside to our entrepreneurial era? Some negative truths not often talked about? Discuss 3 specific threats/dangers of an entrepreneurial world, with examples highlighting each one. Also, share some thoughts on how to minimize or control the potential damage of our entrepreneurial economy. (Use examples - from readings, movies, podcasts)
3. A friend mentions they plan on launching a radical new business and asks you for advice. Specifically, your friend wants a list of 5 “must-do” actions that will lead to their success as an entrepreneur. Please explain why you have chosen each item and how each “must do” would benefit your friend as they plan and launch a new firm. Use examples to strengthen your list.
4. Create a business model canvas for a well known, innovative firm (if it is a large firm then focus on one product or service area). Which parts of the model are truly innovative and why? Is this model repeatable and sustainable? Compare and contrast this innovative venture model to that of two competitors
5. What is your definition of entrepreneurship? What is missing from traditional definitions that might better describes the process and experiences of entrepreneurs.
6. According to a recent news story Bill Gates and many of the world’s wealthiest entrepreneurs have created a $1 billion venture fund to invest in clean energy. Use 3 distinct concepts from our course to explore and explain the significance of this announcement.