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CONFIDENTIAL BM/OCT 2006/ENT600

UNIVERSITI TEKNOLOGI MARA


FINAL EXAMINATION

COURSE : TECHNOLOGY ENTREPRENEURSHIP


COURSE CODE : ENT600
EXAMINATION : OCTOBER 2006
TIME : 3 HOURS

INSTRUCTIONS TO CANDIDATES

1. This question paper consists of eight (8) questions.

2. Answer five (5) questions only in the Answer Booklet. Start each answer on a new page.

3. Do not bring any material into the examination room unless permission is given by the
invigilator.

4. Please check to make sure that this examination pack consists of:

i) the Question Paper


ii) an Answer Booklet - provided by the Faculty

DO NOT TURN THIS PAGE UNTIL YOU ARE TOLD TO DO SO


This examination paper consists of 4 printed pages
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CONFIDENTIAL 2 BM/OCT 2006/ENT600

QUESTION 1

a) Explain the term 'creativity'.


(2 marks)

b) Briefly describe two (2) important aspects of creativity.

(2 marks)
c) Explain the four-step creative process.

(16 marks)

QUESTION 2

a) Explain why established firms find it easy to imitate technopreneurs' intellectual


property quickly and at low cost.
(5 marks)

b) Define a copyright and describe how it protects the technopreneur's intellectual


property.
(5 marks)

c) Define a patent and explain what conditions are necessary for an inventor to patent.

(5 marks)

d) Give two (2) advantages and two (2) disadvantages of patents.


(5 marks)

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CONFIDENTIAL 3 BM/OCT 2006/ENT600

QUESTION 3

a) Define entrepreneurial opportunity.


(4 marks)

b) One way of finding a good opportunity is to look for a discontinuity in technology,


society or markets. List and describe briefly two (2) examples for each of the above
discontinuities.
(6 marks)

c) Explain briefly the basic questions asked when evaluating an entrepreneurial


opportunity.
(10 marks)

QUESTION 4

a) Explain the three (3) most commonly used type of financing for technological
ventures available in the country. Give two (2) examples for each type.

(10 marks)

b) If a new venture has a choice between long-term debt and equity financing, which
would you recommend? State your reasons.

(10 marks)

QUESTION 5

a) En. Kasim is writing his project feasibility study report. What information should he
include in the marketing segment of the report and why this information is important
to be included?
(17 marks)

b) En. Kasim intends to present his project feasibility report to a panel of venture
capitalists. Suggest steps that should be taken by En. Kasim before his oral
presentation.
(3 marks)

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CONFIDENTIAL 4 BM/OCT 2006/ENT600

QUESTION 6

a) Describe the four (4) types of innovations and provide an example for each type of
innovations.
(10 marks)

b) What are the major sources of innovation? Explain and give an example of each.

(10 marks)

QUESTION 7

a) Discuss what is harvest strategy?

(3 marks)

b) Describe the factors that may influence an entrepreneur to adopt a harvest strategy.

(9 marks)

c) List down the eight (8) steps that should be followed before harvesting a business.

(8 marks)

QUESTION 8

How can new product development be successful? Describe four (4) effective product
development strategies.

END OF QUESTION PAPER

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