10 Questions
In the entrepreneurial function, what gives rise to the 'Input-Completing' activity?
Gaps in the production function due to inputs like motivation and leadership being vague
According to Frank W. Young, at what level should entrepreneurial characteristics be identified?
Cluster level
What is defined as 'reactiveness' or 'solidarity' in an entrepreneurial group?
The degree to which group members create a coherent definition of their situation
Why do gaps arise in the production function according to the text?
Some inputs like motivation and leadership are vague in their nature
What is the role of an entrepreneur in 'Input-Completing'?
Marshaling all inputs to realize final products
'Differentiation' in an entrepreneurial group is defined as:
Diversity of social meanings maintained by the group
'Reactiveness' or 'solidarity' is a measure of:
Group members' coherent definition of their situation
'Input-Completing' as an entrepreneurial function arises due to:
'Gap-filling' activity
'Input-Completing' involves marshaling all inputs to realize:
'Final Outputs'
'Reactiveness' and 'solidarity' in an entrepreneurial group are related to:
'Internal Communication Intensity'
Learn how an entrepreneurial system can be established by perceiving opportunities, establishing a business unit, and managing the enterprise for growth. Explore the steps involved in setting up an entrepreneurial system.
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