16 Questions
What is the Global Entrepreneurship Monitor?
An assessment of entrepreneurial activities worldwide
What do Indicator Measures refer to?
Specific measures of innovation and entrepreneurship activities for comparison
What does the Triple Helix paradigm explain?
Relationship between universities, industry, and government
What are High-Growth Enterprises?
Privately owned firms with a high growth orientation
What is the Innovation Union Scoreboard?
Annual member state comparative assessment of EU innovation capacities
What are Characteristics in the context of entrepreneurship?
Factors influencing entrepreneurs and new venture formation
What term describes the process by which entrepreneurs validate their business idea?
Proof of Concept
What is the term used to describe how intellectual property or know-how is transferred from one organization or individuals to another organization or individuals?
Technology Transfer Process
Which type of entrepreneur starts their own venture to exploit a market opportunity with an innovative or new technology?
Technology Entrepreneur
What are the factors that prevent or limit technology transfer activities referred to as?
Stimulants and Barriers to Technology Transfer
What is the permission granted by the owner of intellectual property to another party for the use of an invention called?
Licensing
Which term describes the financial and personal returns accruing to an entrepreneur when a new venture succeeds?
Rewards
What term describes factors within a funded project that prevent or limit technology transfer activities?
Project Inhibitors
What is the legal protection given to an inventor for knowledge novelty?
Patents
What term describes how entrepreneurs cope with the risks involved in starting up a business and how much risk an entrepreneur is willing to take on?
Risk Profile and Appetite
What are external environmental factors that influence technology transfer referred to as?
Macro-level Factors
Study Notes
Entrepreneurship Concepts
- Global Entrepreneurship Monitor (GEM) is a platform that tracks entrepreneurial activity, attitudes, and aspirations worldwide.
- Indicator Measures refer to quantitative and qualitative data used to assess entrepreneurial activity, such as startup rates and entrepreneurial aspirations.
Innovation and Technology Transfer
- The Triple Helix paradigm explains the interaction between universities, industries, and governments in the innovation process.
- High-Growth Enterprises are companies that achieve high growth rates over a specific period, often characterized by innovation and entrepreneurship.
Intellectual Property and Technology Transfer
- The Innovation Union Scoreboard is a tool used to compare innovation performance across EU member states.
- Characteristics in the context of entrepreneurship refer to the attributes and traits of entrepreneurs, such as risk-taking and innovation.
- The process of validating a business idea is called Customer Discovery.
- Technology transfer refers to the process of transferring intellectual property or know-how from one organization or individual to another.
- A term used to describe the permission granted by the owner of intellectual property for its use by another party is Licensing.
- Entrepreneurs who start their own ventures to exploit market opportunities with innovative or new technologies are called Technopreneurs.
Barriers to Technology Transfer
- Factors that prevent or limit technology transfer activities are referred to as Barriers to Technology Transfer.
- Internal barriers to technology transfer refer to factors within a funded project that prevent or limit technology transfer activities.
Intellectual Property and Risk Management
- Legal protection given to an inventor for knowledge novelty is called a Patent.
- The financial and personal returns accruing to an entrepreneur when a new venture succeeds are referred to as Entrepreneurial Rewards.
- Risk Tolerance refers to how entrepreneurs cope with the risks involved in starting up a business and how much risk an entrepreneur is willing to take on.
- External environmental factors that influence technology transfer are referred to as Contextual Factors.
Test your knowledge of terms related to innovation and entrepreneurship including American Strategy for Innovation, co-working incubation, crowdfunding, Global Entrepreneurship Monitor, high-growth enterprises, and indicator measures.
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