Establishing an Entrepreneurial System
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Questions and Answers

In the entrepreneurial function, what gives rise to the 'Input-Completing' activity?

  • Availability of knowledge in the firm
  • Clear definition of the situation by group members
  • Marshaling all the outputs to realize final products
  • Gaps in the production function due to inputs like motivation and leadership being vague (correct)
  • According to Frank W. Young, at what level should entrepreneurial characteristics be identified?

  • Organizational level
  • Group level
  • Cluster level (correct)
  • Individual level
  • What is defined as 'reactiveness' or 'solidarity' in an entrepreneurial group?

  • The diversity of social meanings maintained by the group
  • The acceptance of institutional and occupational diversity
  • The degree of internal communication intensity within the group
  • The degree to which group members create a coherent definition of their situation (correct)
  • Why do gaps arise in the production function according to the text?

    <p>Some inputs like motivation and leadership are vague in their nature</p> Signup and view all the answers

    What is the role of an entrepreneur in 'Input-Completing'?

    <p>Marshaling all inputs to realize final products</p> Signup and view all the answers

    'Differentiation' in an entrepreneurial group is defined as:

    <p>Diversity of social meanings maintained by the group</p> Signup and view all the answers

    'Reactiveness' or 'solidarity' is a measure of:

    <p>Group members' coherent definition of their situation</p> Signup and view all the answers

    'Input-Completing' as an entrepreneurial function arises due to:

    <p>'Gap-filling' activity</p> Signup and view all the answers

    'Input-Completing' involves marshaling all inputs to realize:

    <p>'Final Outputs'</p> Signup and view all the answers

    'Reactiveness' and 'solidarity' in an entrepreneurial group are related to:

    <p>'Internal Communication Intensity'</p> Signup and view all the answers

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