10 Questions
What is one of the ways state-owned enterprises such as SEDCs engage in entrepreneurial activities?
Joint-ventures, equity participation, and management buyouts
What is the primary objective of research and development in academic and research institutions?
To lead to innovations and its commercialization
What is intrapreneurship defined as?
A corporate management strategy that encourages employees to create new product ideas
What is the outcome of employees' ideas being approved in an intrapreneurship scheme?
Management will finance research and development of the product while sharing an equitable partnership arrangement with the employee
What is the role of state-owned enterprises such as SEDCs in their respective states?
To encourage entrepreneurship development in their respective states
What is the primary focus of entrepreneurial activities in academic and research institutions?
Research and development of new products, processes, systems, materials, etc.
What is the outcome of innovations in academic and research institutions?
Commercialization through outright sale of IPs, technology licensing or through creation of new ventures
What is the purpose of intrapreneurship scheme?
To allow and encourage entrepreneurial activities within the corporation or institution
What is the result of employees' innovative ideas in an intrapreneurship scheme?
Management will finance research and development of the product
What is the main goal of entrepreneurship development in respective states?
To encourage entrepreneurship development
This quiz assesses understanding of characteristics of entrepreneurs, including individual characteristics, based on the book 'Fundamentals of Entrepreneurship' by Sodri Ariffin, Ismail Ab Wahab, and Zarida Hambali. Topics covered include Brockhaus' identification of three individual characteristics.
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