UST Technopreneurship Module 1 Quiz
10 Questions
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UST Technopreneurship Module 1 Quiz

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Questions and Answers

What term is used to describe the phenomenon where products tend to become obsolete over time?

  • Creative Destruction (correct)
  • Innovative Evolution
  • Product Obsolescence
  • Technological Erosion

    • What is one of the economic impacts of technopreneurship?

  • Reducing Job Opportunities
  • Increasing Unemployment Rates
  • Causing Economic Recession
  • Fostering Job Creation (correct)

    • How does technopreneurship impact society?

  • By increasing societal challenges
  • By making daily lives easier (correct)
  • By creating more hurdles in daily tasks
  • By making daily lives more complicated

    • How does technopreneurship positively impact larger firms?

    <p>By positively impacting the effectiveness of other firms</p> Signup and view all the answers

    Which of the following services is NOT provided by technopreneurship?

    <p>Healthcare services</p> Signup and view all the answers

    What percentage of the adult population are established business owners engaged in early-stage entrepreneurship?

    <p>3.4%</p> Signup and view all the answers

    What distinguishes an entrepreneur from a technopreneur?

    <p>An entrepreneur invests in bringing ideas to life using technology</p> Signup and view all the answers

    What type of products does Tesla design and manufacture?

    <p>Electric vehicles, battery energy storage, solar panels, etc.</p> Signup and view all the answers

    What term best describes an individual who invests resources to bring an idea to life?

    <p>Entrepreneur</p> Signup and view all the answers

    What is the key characteristic of a technopreneur?

    <p>Utilization of technology to provide innovative solutions</p> Signup and view all the answers

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