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ENT600_CHAPTER 1

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INTRODUCTION TO TECHNOLOGY ENTREPRENEURSHIP

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ENT600_CHAPTER 1
 

ENT600_CHAPTER 1Online version

INTRODUCTION TO TECHNOLOGY ENTREPRENEURSHIP

by HAFINI SUHANA ITHNIN
1

Entrepreneurship is a static process focused solely on maintaining existing business structures.

2

One of the essential dimensions of entrepreneurship is the willingness to take risks that have been calculated.

3

Entrepreneurs are willing to take risks without prior evaluation because the potential rewards are always high.

4

Success in entrepreneurship is linked to a "calculated" approach where the entrepreneur attempts to identify and minimize potential problems.

5

Creativity and innovation are considered the same thing because they both involve new ideas.

6

Entrepreneurship is characterized by the specific effort of bringing something new and different to the market.

7

Entrepreneurship is primarily focused on maintaining existing markets rather than exploiting unexploited opportunities.

8

A new enterprise should aim to provide a benefit to society and create a positive change.

9

Technology entrepreneurship is strictly limited to radical innovations and revolutionary breakthroughs.

10

The process of technology entrepreneurship is relevant for both independent startups and established corporations.

11

Which of the following represents the correct order of the three key phases of the entrepreneurial process as described in the text?

12

To contribute to economic growth, entrepreneurs function by mobilizing natural, financial, and intellectual capital as inputs.

13

Entrepreneurial activity is considered a secondary factor that has little impact on a society's economic vitality.

14

Natural capital is an infinite resource that cannot be permanently exhausted, regardless of how it is used or managed.

15

Intellectual capital as knowledge that is accessible because it has been recorded in documents and disseminated through inter-departmental work.

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