Podcast
Questions and Answers
Which of the following is NOT a course learning outcome?
Which of the following is NOT a course learning outcome?
What is the primary means of communication and assessment in this course?
What is the primary means of communication and assessment in this course?
What is the main purpose of the Academic Integrity Module?
What is the main purpose of the Academic Integrity Module?
Which of the following is NOT a characteristic of successful entrepreneurs?
Which of the following is NOT a characteristic of successful entrepreneurs?
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What is the primary function of Evernote, as described in the excerpt?
What is the primary function of Evernote, as described in the excerpt?
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According to the course content, what is meant by 'entrepreneurial vision and goals'?
According to the course content, what is meant by 'entrepreneurial vision and goals'?
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Which of the following is a key aspect of active participation in the online discussion forums?
Which of the following is a key aspect of active participation in the online discussion forums?
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What is the significance of the UN Sustainable Development Goals in the context of this course?
What is the significance of the UN Sustainable Development Goals in the context of this course?
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Which type of entrepreneur focuses on finding new approaches that add value through unique problem-solving?
Which type of entrepreneur focuses on finding new approaches that add value through unique problem-solving?
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What is a defining characteristic of market makers in entrepreneurship?
What is a defining characteristic of market makers in entrepreneurship?
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Which of the following represents a common factor driving the growth of entrepreneurship today?
Which of the following represents a common factor driving the growth of entrepreneurship today?
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Which type of entrepreneur primarily seeks to create something new rather than expanding existing ideas?
Which type of entrepreneur primarily seeks to create something new rather than expanding existing ideas?
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Why is it important for entrepreneurs to recognize problems?
Why is it important for entrepreneurs to recognize problems?
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What is the primary focus of expanders and scalers in entrepreneurship?
What is the primary focus of expanders and scalers in entrepreneurship?
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Which of the following statements best describes entrepreneurial careers globally?
Which of the following statements best describes entrepreneurial careers globally?
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What underlying theme connects all successful entrepreneurial ventures?
What underlying theme connects all successful entrepreneurial ventures?
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What is a possible motivation for an entrepreneur like Roxanne Quimby when starting a business?
What is a possible motivation for an entrepreneur like Roxanne Quimby when starting a business?
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Which characteristic is often associated with the entrepreneurial vision?
Which characteristic is often associated with the entrepreneurial vision?
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What does the SMART method in goal setting stand for?
What does the SMART method in goal setting stand for?
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What should entrepreneurs consider when defining success for their ventures?
What should entrepreneurs consider when defining success for their ventures?
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What commonality do the top entrepreneurial countries share?
What commonality do the top entrepreneurial countries share?
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Why might finding a mentor be beneficial for an entrepreneur?
Why might finding a mentor be beneficial for an entrepreneur?
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What is a key step in the creative thinking process for entrepreneurs?
What is a key step in the creative thinking process for entrepreneurs?
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What aspect of the entrepreneurial venture does Angad Daryani need to focus on for commercialization?
What aspect of the entrepreneurial venture does Angad Daryani need to focus on for commercialization?
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Flashcards
Global Entrepreneurship
Global Entrepreneurship
The practice of starting and managing businesses that operate on an international level.
Entrepreneurial Mindset
Entrepreneurial Mindset
A mental attitude that recognizes and seizes business opportunities and embraces risk.
Business Plan
Business Plan
A formal document outlining a business's goals, strategies, and financial forecasts.
Customer Profiling
Customer Profiling
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Sustainable Development Goals
Sustainable Development Goals
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Academic Integrity
Academic Integrity
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Entrepreneurial Vision
Entrepreneurial Vision
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Case Study Review
Case Study Review
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Entrepreneur
Entrepreneur
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Entrepreneurship
Entrepreneurship
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Innovators
Innovators
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Creators
Creators
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Market Makers
Market Makers
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Expanders and Scalers
Expanders and Scalers
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Factors Driving Growth
Factors Driving Growth
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Global Opportunities
Global Opportunities
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Social Entrepreneurship
Social Entrepreneurship
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Vision Statement
Vision Statement
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Creative Thinking Process
Creative Thinking Process
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SMART Goals
SMART Goals
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Importance of Vision
Importance of Vision
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Mentorship
Mentorship
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Entrepreneurial Motivation
Entrepreneurial Motivation
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Study Notes
Course Information
- Course title: Global Entrepreneurship
- Week: 1
- Course learning outcomes include:
- Awareness of domestic and global entrepreneurship issues, news, events, policies, trends, and changes.
- Analysis of successful entrepreneurs' functions and characteristics.
- Demonstrating personal capacity to identify and leverage entrepreneurial opportunities.
- Developing effective start-up management skills (through simulations).
- Applying customer profiling and competitive analysis to develop a unique value proposition.
- Designing and developing a business plan for an entrepreneurial venture (group project).
- Applying entrepreneurial and management concepts for a social enterprise project achieving United Nations' Sustainable Development Goals.
Course Format
- Weekly lectures
- Online activities (discussion boards, case study reviews)
- Assignments (individual and group)
- Quizzes
- Final exam
Canvas
- Course information
- Course announcements
- Learning materials
- Online learning guidelines
- Assignments guidelines
- Grade center
Class Protocol
- Attendance: Weekly
- Weekly Delivery: Asynchronous or synchronous (explained)
- Discussion Forum Usage
- Active Participation
- Mutual Respect
- Assignments: Templates, rubrics, guidelines, and due dates provided
- Class Attendance & Assignment Evaluation:
- Class Absence (missed evaluations)
- Sanctioned Absences (FCT events)
- Planned Absences (doctor's appointment)
- Unexpected Absences
Academic Integrity
- Covers what academic integrity is, definitions, types of violations, mandatory sanctions, and an academic integrity module.
Chapter Outline
- Entrepreneurship Today (1.1)
- Entrepreneurial vision and goals (1.2)
- Entrepreneurial mindset (1.3)
- Figure 1.1: Shows an example of a product (Evernote)
- Learning Objectives (1.1): Define entrepreneurship, describe types of entrepreneurial careers and lifestyles, and understanding entrepreneurs as problem solvers.
- Explain driving factors of entrepreneurship growth and compare global entrepreneurial opportunities.
Types of Entrepreneurs
- Innovators: Find new approaches, methods, or products to solve problems in unique ways.
- Creators: Make something new, or identify a problem others haven't recognized.
- Market Makers: Innovate and reinvent the market from a future perspective by exploring possible market evolutions.
- Expanders and Scalers: Seek out opportunities to expand or scale existing methods, processes, or products.
Figure 1.2
- Shows examples of successful entrepreneurial ventures featuring Dave Gilboa (co-founder and co-CEO, e.g., Warby Parker).
Figure 1.3
- Burt's Bees - Example of an entrepreneurial venture growing into a major company.
Feature Box: Putting Strengths to Work
- Create a list of ideas related to your strengths.
- Analyze the list to create a list of possible businesses.
Feature Box: Recognizing Problems
- Ask: What problem have you identified? What solutions can you propose?
Figure 1.4
- Shows attractiveness of entrepreneurial ecosystems for multiple countries
Figure 1.5
- Venture Capital Activities across several countries (Deals and Financial Value).
Figure 1.6
- Mumbai skyline, clouded by pollution.
Feature Box: Social Entrepreneurship
- Creating an entrepreneurial venture to enhance quality relationships and communities.
- Balancing passion with entrepreneurial purpose.
Feature Box: Entrepreneur in Action: Angad Daryani
- Exploring other applications for Angad Daryani's technology (air-cleaning product).
- Critical decisions related to commercialization.
- Defining success for the venture.
Discussion Questions (1-4)
- United States' leadership in entrepreneurship & comparative analysis across leading nations.
- Roxanne Quimby's motivations in starting ventures and aligning with the definition of an entrepreneur.
- Similarities and contrasts between Wander Girls' businesses and Roxanne Quimby's ventures.
Learning Objectives (1.2)
- Defining and entrepreneurial vision
- Develop a vision statement
Figure 1.7: Benefits of Mentorships
- Coaching and training
- Goals and achievements
- Motivation and support
- Advice and direction
Feature Box: Personal Vision Statement
- Explore aspects of personal life (living situation, career, home life, and life goals).
Figure 1.8: Creative Thinking Process
- Preparation (plan and gather information)
- Incubation (let subconscious work through information)
- Illumination (identify "aha moment" solutions)
- Verification (test and implement)
Feature Box: Creativity through a Change in Routine
- Reflecting on experiences
- Increased alertness to surroundings
Figure 1.9: SMART Goals
- Specific
- Measurable
- Achievable
- Relevant
- Time-bound
Discussion Questions (5-9)
- Importance of knowing your future vision
- Value of SMART goals
- Importance of divergent thinking in problem-solving
- Explaining entrepreneurial vision to a history major
- Contrast between divergent thinking and brainstorming.
Learning Objectives (1.3)
- Understanding entrepreneurial mindset.
- Defining entrepreneurial spirit or passion.
Figure 1.10
- Bicycle-sharing program (veoRide) Example of bike-sharing program.
Discussion Questions (10-13)
- Identifying five disruptive technologies and their industry impacts
- Disruptive technology opportunities in familiar industries
- Contrast between entrepreneurial mindset and entrepreneurial spirit
- Describing personal entrepreneurial spirit.
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Description
Test your knowledge of global and domestic entrepreneurship issues in this Week 1 quiz. Analyze the characteristics of successful entrepreneurs and explore how to leverage opportunities in the entrepreneurial landscape. Prepare for engaging discussions and activities that will enhance your understanding of start-up management and business planning.