Homework
i. What are the four primary day-to-day challenges involved with growing a firm? Briefly describe each challenge.
ii. Describe the term "liability of newness" and suggest several ways that a new venture can overcome this handicap.
iii. What is intellectual property? Why is it called "intellectual" property? Why is intellectual property such an important issue for entrepreneurial firms?
iv. Identify and briefly describe the three types of patents. Include an example of each.
v. What are the four primary day-to-day challenges involved with growing a firm? Briefly describe each challenge.
vi. Describe the term "liability of newness" and suggest several ways that a new venture can overcome this handicap
vii. What is intellectual property? Why is it called "intellectual" property? Why is intellectual property such an important issue for entrepreneurial firms?
Format your homework according to the following formatting requirements:
(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.