ENTREPRENEURSHIP Q1-F REVIEWER

1. Is the edge of an entrepreneur over regular businessman?

2. The role of an entrepreneur as ___________ and ____________ has a big impact in the development of an
economy.
3. Entrepreneurs do not have the same level of ____________?
4. The entrepreneur’s ___________ and ___________ determines his/her level of inventiveness.
5. One of the key qualities of entrepreneurial expertise.
6. She provided the most comprehensive frameworks (the three components of creativity) about Entrepreneur as
an innovator and change-maker, she is also the head of the entrepreneurial management unit at the Harvard
Business School.
7. What are the three components of creativity?
8. All the relevant understanding an individual bring to bear on a creative effort.
9. Relates to how people approach problems and depends on personality and thinking/working style.
10. It is generally accepted as a key to creative production and the most important motivators are intrinsic passion
and interest in the work itself (National Center on Education and the Economy).
11. The three basic components of one’s creative sources.
12. The balance between breadth and depth of knowledge is known as?
13. The ability to think is the ability to ____________ and ___________ by combining previously unconnected
elements.
14. It is defined as doing something different. It could either be the introduction of something new or improving
an existing product or method (service or production).
15. It is the capacity to conceptualize ideas and develop innovative products or services.
16. He invented the first carbon-filament incandescent light bulb which made a significant impact on people’s
lives, literally brightening up their future. He revolutionized the way we see light sources, moving away from
the typical light source coming from fire.
17. What are the three questions related to the definition of Innovation?
18. Compare Invention and Innovation by giving the 7 characteristics.
19. What are the five characteristics of Innovation?
20. What are the 6 sources of Innovation?
21. What are the 10 Goals of Innovation?