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 (B)</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 (D)</p> Signup and view all the answers

'Differentiation' in an entrepreneurial group is defined as:

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

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

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

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

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

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

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

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

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

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