ENTREP Midterm Notes PDF

PRELIMINARY (Module 1) ---------------------- *Business agility* - Operational Agility =================== - Strategic Agility ================= - Philippine Innovation Act (RA 11293) ==================================== - - - - - - - 4 Groups who buy Goods and Servi...

PRELIMINARY (Module 1) ---------------------- *Business agility* - Operational Agility =================== - Strategic Agility ================= - Philippine Innovation Act (RA 11293) ==================================== - - - - - - - 4 Groups who buy Goods and Services in any Economy ================================================== - - - - - - - - - - - - 4 key groups of stakeholders that managers need to pay attention to (Micro Environment/Task Environment) ======================================================================================================== - - - - - - - - - - PESTEL Analysis (Macro Environment) =================================== - - - - - - - - - - - - - - - - - - - 7 Survival Skills for Career, College, and Citizenship (Tony Wagner) ==================================================================== - - - - - - - Top 10 Skills of 2025 (World Economic Forum) ============================================ - - - - - - - - - - BSP Digital Payments Transformation Roadmap 2020-2023 ===================================================== - - - - D-VUCAD and BANI worlds (Session 2) =================================== - - - - - - - - - - - - MODULE 1 -------- Definition of Entrepreneurship (Session 6) ========================================== **Entrepreneurship (Howard Stevenson)** - - - - - - - - - 4 main types of risks in entrepreneurship ========================================= - - - - 4 tactics for Coping with Catch-22 in Entrepreneurship ====================================================== - - - - - **Catch-22** - 3Cs Drivers of Opportunity ========================== **Perspiration (Competence):** Using your talents, skills, or hobbies to create business opportunities. **Inspiration (Chance):** Observing something that sparks an idea for a new product or service. **Irritation (Crisis):** Identifying problems or inconveniences and turning them into business opportunities. Entrepreneurial Ecosystem ========================= *Key components* - - - \- Creation and growth of startups and businesses. \- An interconnected network of individuals, organizations, and resources. **UN SDG's** 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17. RA 10644 (Go Negosyo Act) ========================= - - - - - - RA 10679 (Youth Entrepreneurship Act) ===================================== - - - - - RA No. 11293 (Philippine Innovation Act) or Inclusive Innovation ================================================================ - - - - ASEAN Strategic Action Plan for SME Development 2016-2025 ========================================================= *Objectives:* - - - *Strategic Priorities* - - - - - *Actions* - - - - - - - - - *Trends:* - - - - - *Notable Startups* - - - - - *Challenges and Opportunities:* - - - - - Triple Helix Model of Innovation ================================ *Key Components:* ================= - Academia: Universities and research institutions ================================================ - Industry: Businesses and corporations ===================================== - Government: Government agencies and policymakers ================================================ *Benefits of Collaboration:* - - - - Magna Carta for Micro, Small and Medium Enterprises (MSMEs) (REPUBLIC ACT No. 9501) =================================================================================== - - - - - - - - - - - - - - - - - **4 Qualities of Innovators (CBT)** - - - -