Podcast
Questions and Answers
What is the focus of Lecture 2 in the Introduction to Technology Entrepreneurship?
What is the focus of Lecture 2 in the Introduction to Technology Entrepreneurship?
- Effectuation Theory
- Venture Teams (correct)
- Role of Enterprising Individuals
- Opportunity Activation
According to Shane & Venkataraman, what do entrepreneurs do?
According to Shane & Venkataraman, what do entrepreneurs do?
- Discover, evaluate, and exploit opportunities (correct)
- Analyze market trends
- Implement marketing strategies
- Establish businesses
What type of founding teams are more likely to identify varied market opportunities according to Gruber, MacMillan, and Thompson?
What type of founding teams are more likely to identify varied market opportunities according to Gruber, MacMillan, and Thompson?
- Teams with diverse industry experience and external knowledge sourcing relationships (correct)
- Teams with a narrow focus on one industry
- Teams with limited external networking
- Teams with high financial resources
What is the date of the briefing workshop on effectuation mentioned in the text?
What is the date of the briefing workshop on effectuation mentioned in the text?
In terms of opportunity discovery, what is the role of founding teams with a more diverse background according to the text?
In terms of opportunity discovery, what is the role of founding teams with a more diverse background according to the text?
What area of research does the promise of entrepreneurship refer to according to Shane & Venkataraman?
What area of research does the promise of entrepreneurship refer to according to Shane & Venkataraman?
What does the concept of flow, as described in the text, involve?
What does the concept of flow, as described in the text, involve?
According to the text, where are new opportunities found?
According to the text, where are new opportunities found?
What is the main focus of the human-centered design process mentioned in the text?
What is the main focus of the human-centered design process mentioned in the text?
In the context of venture teams and effectuation, how are new opportunities created?
In the context of venture teams and effectuation, how are new opportunities created?
What is the significance of diversity in a team, as mentioned in the text?
What is the significance of diversity in a team, as mentioned in the text?
What does the concept of 'flow' involve, as described in the text?
What does the concept of 'flow' involve, as described in the text?
How are new opportunities identified before market entry for technology start-ups?
How are new opportunities identified before market entry for technology start-ups?
What shapes the number and variety of market opportunities identified before market entry for technology start-ups?
What shapes the number and variety of market opportunities identified before market entry for technology start-ups?
In the context of venture teams and effectuation, how are new opportunities created?
In the context of venture teams and effectuation, how are new opportunities created?
What is the focus of the human-centered design process mentioned in the text?
What is the focus of the human-centered design process mentioned in the text?
What does diversity in a team help with, as mentioned in the text?
What does diversity in a team help with, as mentioned in the text?
Where are new opportunities found, according to the text?
Where are new opportunities found, according to the text?
What is the focus of clan culture according to the Competing Values Framework?
What is the focus of clan culture according to the Competing Values Framework?
What is the definition of a new venture team?
What is the definition of a new venture team?
Which culture is most often employed by new venture teams in tech startups, according to the provided information?
Which culture is most often employed by new venture teams in tech startups, according to the provided information?
What is the 3H Model referred to in the text?
What is the 3H Model referred to in the text?
According to Sarah Sarasvathy's study of entrepreneurial expertise, what percentage of the respondents used effectual logic most of the time when solving problems?
According to Sarah Sarasvathy's study of entrepreneurial expertise, what percentage of the respondents used effectual logic most of the time when solving problems?
According to the text, what is considered one of the most important success factors in a venture by Dutch venture capitalists?
According to the text, what is considered one of the most important success factors in a venture by Dutch venture capitalists?
What kind of distribution requires estimation techniques, as per Sarah Sarasvathy?
What kind of distribution requires estimation techniques, as per Sarah Sarasvathy?
What does the 8 Characteristics of the Perfect Startup Team emphasize as an important characteristic?
What does the 8 Characteristics of the Perfect Startup Team emphasize as an important characteristic?
What is the inverse of 'causal' reasoning, as mentioned in the text?
What is the inverse of 'causal' reasoning, as mentioned in the text?
What is the purpose of the Competing Values Framework according to the text?
What is the purpose of the Competing Values Framework according to the text?
According to Sarasvathy, what categories of means do all entrepreneurs begin with?
According to Sarasvathy, what categories of means do all entrepreneurs begin with?
What is the Industry-Specific characteristic mentioned in the text?
What is the Industry-Specific characteristic mentioned in the text?
In which scenario is causal reasoning exemplified, according to the text?
In which scenario is causal reasoning exemplified, according to the text?
'The inverted causal triangle at the top' captures which process, as per Sarasvathy?
'The inverted causal triangle at the top' captures which process, as per Sarasvathy?
What are considered the 3 most important characteristics in the 3H Model according to the text?
What are considered the 3 most important characteristics in the 3H Model according to the text?
Which characteristic is NOT emphasized as important in the 8 Characteristics of the Perfect Startup Team?
Which characteristic is NOT emphasized as important in the 8 Characteristics of the Perfect Startup Team?
According to Sarasvathy, what does effectuation focus on in an unpredictable future?
According to Sarasvathy, what does effectuation focus on in an unpredictable future?
What does the term 'solo-founder' refer to according to the text?
What does the term 'solo-founder' refer to according to the text?
What is the primary focus of adhocracy culture, based on the Competing Values Framework?
What is the primary focus of adhocracy culture, based on the Competing Values Framework?
What does a group need to be considered a team according to the text?
What does a group need to be considered a team according to the text?
'Clan culture is structured and controlled' - True or False?
'Clan culture is structured and controlled' - True or False?
What is a human capital perspective on entrepreneurial teams focused on according to the text?
What is a human capital perspective on entrepreneurial teams focused on according to the text?
In which scenario does effectual reasoning apply?
In which scenario does effectual reasoning apply?
What is a new venture team defined by according to the text?
What is a new venture team defined by according to the text?
What is the main characteristic of team flow?
What is the main characteristic of team flow?
According to the text, what is essential for experiencing task flow in a team?
According to the text, what is essential for experiencing task flow in a team?
Which of the following is a prerequisite for experiencing team flow?
Which of the following is a prerequisite for experiencing team flow?
What is characteristic of an 'optimized' team dynamic, as per the text?
What is characteristic of an 'optimized' team dynamic, as per the text?
What is an element of team flow that can be more readily influenced and needs to be created?
What is an element of team flow that can be more readily influenced and needs to be created?
What makes the most exciting ventures, according to expert entrepreneurs?
What makes the most exciting ventures, according to expert entrepreneurs?
What characterizes experiences of team flow?
What characterizes experiences of team flow?
'Safe climate' is a prerequisite for experiencing which type of flow?
'Safe climate' is a prerequisite for experiencing which type of flow?
'Open communication' is an element contributing to which type of flow?
'Open communication' is an element contributing to which type of flow?
What is essential for achieving 'mutual trust' within a team dynamic?
What is essential for achieving 'mutual trust' within a team dynamic?
What contributes to creating an 'optimized' team dynamic?
What contributes to creating an 'optimized' team dynamic?
According to the text, what characterizes the 'shared experience' in team flow?
According to the text, what characterizes the 'shared experience' in team flow?
What do effectuation processes focus on?
What do effectuation processes focus on?
How do expert entrepreneurs view the future?
How do expert entrepreneurs view the future?
What is the predisposition toward risk and resources in effectual logic?
What is the predisposition toward risk and resources in effectual logic?
What does the term 'effectuator' imply about an entrepreneur's stance toward the world?
What does the term 'effectuator' imply about an entrepreneur's stance toward the world?
What is the basis for taking action in causal logic?
What is the basis for taking action in causal logic?
What do effectuators seek to make happen?
What do effectuators seek to make happen?
What do expert entrepreneurs minimize the use of?
What do expert entrepreneurs minimize the use of?
How do effectuators view opportunities according to the text?
How do effectuators view opportunities according to the text?
According to the text, what do effectuators recognize as an integral part of venturing?
According to the text, what do effectuators recognize as an integral part of venturing?
According to the text, what is indicative of elements of team flow that are hard to create or promote?
According to the text, what is indicative of elements of team flow that are hard to create or promote?
