104 Questions
What is the main topic of today's lecture?
Introduction to entrepreneurship
What is the main focus of the Innovation, Technology Entrepreneurship & Marketing (ITEM) group?
Entrepreneurship & opportunities
Which of the following is a characteristic of the entrepreneurial mindset of habitual entrepreneurs (according to McGrath & MacMillan, 2000)?
All of the above.
Finding the right idea for a venture can happen in different ways. Please consider the following statements: I: Demand-pull idea implies Responding to a customer need or problem. II: Technology-push idea implies applying new solution to a problem.
I and II are both correct.
According to Amabile (1998), creativity within each individual is a function of three components. Which is the following is not one of these components.
Empathy
Following the Field Guide for Human-Centered Design, what is not one of the Brainstorm Rules?
Multiple conversations at a time
What are the three phases of human-centered design (according to the Field Guide)?
Inspiration, Ideation, Implementation
What is the main focus of the course Introduction to Technology Entrepreneurship?
Open innovation and grand challenges
What is the weightage of the exam in the final grade?
50%
Which statement about entrepreneurship is NOT debunked in the lecture?
Entrepreneurs depend on luck to succeed.
What does the European Commission define as the entrepreneurial mindset?
Creativity blended with sound management
According to Shane & Venkataraman (2000), what are entrepreneurial opportunities?
Situations where innovations can be introduced and sold at greater than their cost of production
Who are considered as enterprising individuals?
Individuals who discover, evaluate, and exploit opportunities
What role does prior knowledge play in the discovery of entrepreneurial opportunities?
It influences the identification and organization of opportunities
"Entrepreneurship is iterative" means:
"Entrepreneurship involves a repeated process of discovery and action"
"Everyone can be an entrepreneur" implies:
"Anyone has the potential to be an entrepreneur"
"Entrepreneurs learn to deal with uncertainty" means:
"Uncertainty is a major challenge for entrepreneurs"
"Passionately seeking new opportunities" is associated with:
Actively seeking and exploring new opportunities
What is the role of founding teams in opportunity discovery?
Founding teams with diverse background identify more and varied market opportunities.
Where are new opportunities found according to the text?
In variations in type, amount, and availability of information
How are new opportunities created according to the text?
From new means, goals, and stakeholder negotiations
What does the problem space refer to according to the text?
Where all customer needs are
What is the significance of megatrends according to the text?
Megatrends have implications for companies' future strategy and innovation processes.
What are the driving forces that define the world today and tomorrow according to the text?
Megatrends
Where do opportunities come from according to the text?
From variations in information availability
What is the problem space according to the text?
The area where all customer needs are addressed
What does diversity in a founding team help with according to the text?
It helps identify more varied market opportunities
What is the role of megatrends according to the text?
They can be used as a basis for strategic decision making
What are the driving forces that define the world according to the text?
Megatrends only
What does divergent thinking involve?
Creating multiple possible solutions to a problem
According to the text, what is the concept of flow?
A holistic sensation that people feel when they act in total involvement
What does convergent thinking aim for?
Aiming for a single, correct solution
What is the process of moving from problem space to solution space called?
Moving from problem space to solution space
What does embracing human-centered design mean?
Believing that people hold the key to solving problems
What is the main idea behind human-centered design?
Believing that people hold the key to solving problems
What does the concept of flow involve?
Intrinsic motivation and clear proximal goal(s)
What are the elements of the flow experience according to Csíkszentmihályi?
(Almost) automatic merging of action and awareness, distorted experience of time, and complete concentration
"Embracing human-centered design" means:
"Believing that people who face problems hold the key to their answer"
Who initially defined the construct of flow as 'a holistic sensation that people feel when they act in total involvement'?
Psychologist Mihaly Csíkszentmihályi
What is human-centered design focused on?
Understanding people's lives, needs, and desires
What is the shared experience in which all team members are completely involved in a collaboration towards a gratifying and challenging common task?
Team flow
Which of the following is NOT a prerequisite for individual flow?
Challenging team goal
What is characteristic of a team dynamic that is part of team flow?
Open communication
What enables individual team members to experience flow while executing their tasks for the team’s purpose?
Aligned proximal personal goals
What does 'shared' mean in the context of 'shared experience' in team flow?
Simultaneous and collective experiences
Which characteristic is NOT shared by everyone involved in experiences of team flow?
Biased focus
In the context of team flow, what does a 'safe climate' enable?
Mutual trust for everyone involved in task flow
Which of the following is NOT a characteristic of team flow according to the lecture?
Diverse individual goals within the team
According to Amabile (1998), creativity within each individual is a function of three components. Which of the following is not one of these components?
Innovation
What is the role of founding teams in opportunity discovery according to the lecture?
To provide a diverse range of perspectives for opportunity identification
In human-centered design, what does divergent thinking involve?
Generating a wide range of ideas and possibilities
According to the text, what drives the concept of flow for individuals within a team?
Sense of purpose and contribution to a meaningful goal
What does embracing human-centered design mean according to the lecture?
Prioritizing the needs and experiences of end-users
According to Amabile (1998), creativity within each individual is a function of three components. Which is the following is not one of these components?
Empathy
Following the Field Guide for Human-Centered Design, what is not one of the Brainstorm Rules?
Multiple conversations at a time
What are the three phases of human-centered design (according to the Field Guide)?
Inspiration, Ideation, Implementation
Which of the following is a characteristic of the entrepreneurial mindset of habitual entrepreneurs (according to McGrath & MacMillan, 2000)?
All of the above
Finding the right idea for a venture can happen in different ways. Please consider the following statements: I: Demand-pull idea implies Responding to a customer need or problem. II: Technology-push idea implies applying new solution to a problem.
I and II are both correct.
What does embracing human-centered design mean?
Putting users at the center of design decisions
What is characteristic of a team dynamic that is part of team flow?
Mutual trust and open communication
What is the main focus of the course Introduction to Technology Entrepreneurship?
Creating economic activity within new or existing organizations
According to Shane & Venkataraman (2000), what are entrepreneurial opportunities?
Situations where new goods, services, raw materials, and organizing methods can be introduced and sold at greater than their cost of production
What does 'embracing human-centered design' mean?
Creating and developing economic activity by considering the needs and experiences of the end users
What is the significance of megatrends according to the text?
They shape the sources of entrepreneurial opportunities
'Entrepreneurship is iterative' means:
Entrepreneurship is a continuous process that involves refining and improving ideas through cycles of testing and feedback
What are the driving forces that define the world according to the text?
Megatrends, technological advancements, and evolving market demands
'Everyone can be an entrepreneur' implies:
Entrepreneurial opportunities are equally accessible to all individuals
'Entrepreneurs learn to deal with uncertainty' means:
'Passionately seeking new opportunities' is associated with embracing uncertainty
What does the concept of flow involve?
A holistic sensation that people feel when they act in total involvement
What is the role of megatrends according to the text?
To shape the sources of entrepreneurial opportunities.
What does embracing human-centered design mean?
Creating and developing economic activity by considering the needs and experiences of the end users.
Where do opportunities come from according to the text?
From individuals with different prior knowledge who identify different opportunities.
What does the process of divergent thinking involve?
Creating multiple possible solutions to a problem
According to Csíkszentmihályi, what is the concept of flow?
Being completely involved in an activity for its own sake
What does embracing human-centered design mean?
Believing that solutions come from the people facing the problems
What role does prior knowledge play in the discovery of entrepreneurial opportunities?
It provides a foundation for recognizing opportunities
What is characteristic of a team dynamic that is part of team flow?
Complete concentration with no distractions
What are the elements of the flow experience according to Csíkszentmihályi?
Intrinsic motivation (autotelic)
"Everyone can be an entrepreneur" implies:
"Entrepreneurship is accessible to anyone"
"Passionately seeking new opportunities" is associated with:
"Entrepreneurial mindset"
"Embracing human-centered design" means:
"Believing that solutions come from the people facing the problems"
According to Amabile (1998), creativity within each individual is a function of three components. Which one of the following is NOT one of these components?
Intelligence
What are the driving forces that define the world today and tomorrow according to the text?
Technological advancement and social change
What is autotelicity in the context of flow?
Complete concentration
According to the text, what is the most indicative element of flow that is hard to create or promote?
Merging of action and awareness
What are the prerequisites for individual flow according to the text?
Aligned Personal Goals
In the context of team flow, what does 'mutual commitment' enable?
Sense of unity
What are the elements of team flow that can be more readily influenced and need to be created, or at least present, according to the text?
A collective ambition and aligned proximal personal goals
What does Csíkszentmihályi define as autotelic experiences in the context of flow?
Complete concentration
What does team flow involve according to the text?
Individuals experiencing flow simultaneously and collectively while executing their tasks for the team's purpose(s)
What is one of the experiential characteristics shared by everyone involved in experiences of team flow?
Shared holistic focus
'High skill integration' is a characteristic of what aspect in the context of team flow?
Clear challenging common goal
'A sense of control' is an experiential characteristic related to which aspect of individual flow?
Challenge skill balance
What is the significance of megatrends according to the text?
Megatrends have different meanings and impacts for different industries, companies, and individuals.
What does diversity in a founding team help with according to the text?
It enables the identification of more and more varied market opportunities.
What is the role of founding teams in opportunity discovery according to the lecture?
Founding teams with a more diverse background identify more and varied market opportunities.
What does embracing human-centered design mean?
Focusing on customer needs and experiences in the design process.
What enables individual team members to experience flow while executing their tasks for the team’s purpose?
Having clearly defined tasks and immediate feedback.
What is characteristic of a team dynamic that is part of team flow?
Shared goals, mutual accountability, and a sense of common purpose within the team.
What are the driving forces that define the world today according to the text?
Megatrends that are global, sustained, and macro-economic forces of development.
How are new opportunities created according to the text?
New opportunities are created through an iterative process involving stakeholder negotiations and commitments.
'Embracing human-centered design' means:
'Embracing human-centered design' means focusing on user needs, experiences, and feedback in product development.
'Everyone can be an entrepreneur' implies:
'Everyone can be an entrepreneur' implies that anyone has the potential to engage in entrepreneurial activities.
'Finding the right idea for a venture can happen in different ways. Please consider the following statements: I: Demand-pull idea implies Responding to a customer need or problem. II: Technology-push idea implies applying new solution to a problem.'
Both I and II are true
Explore the concept of creative thinking and how it relates to problem-solving and entrepreneurship. Learn about the factors that influence creative thinking and its importance in various fields.
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