Assignment:
Entrepreneurship -
QUESTION 1
Discuss how the public availability of the Internet drove innovation in the 1990s. Give at least one example each of a company or industry that benefited and one that was damaged by the advent of the Internet.
QUESTION 2
Discuss the three aspects of the Timmons' framework and how it can be used to analyze what is needed to improve the likelihood of success for a new venture.
QUESTION 3
Enterprises engage in business modeling as part of strategy development. Discuss the two major parts of the business model and how they are related.
QUESTION 4
Discuss the limitations of market research for revolutionary new products.
QUESTION 5
Discuss pre-funding compensation of the founding team, in particular the benefits and issues regarding the use of equity to attract and retain the founding team.