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Practice questions exam Innovation Policy (GEO3-2225)
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These are practice questions about topics and articles for the exam of the course Innovation Policy with correct answers.
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Practice questions1. Introduction
https://www.youtube.com/watch?v=ypOb3scm9eU&list=PLYMwP1PudIuvMs42mHn1g5xnY7Y_0
gtSk&index=2&t=61s
● What is the definition of entrepreneurial ecosystems?
An entrepreneurial ecosystem is a set of interrelated actors and factors governed in a way they
enable productive entrepreneurship within a territory
● What is entrepreneurship? Wat is productive entrepreneurship?
Entrepreneurship is about the identification and pursuit of opportunities for new value creation
by individuals → productive entrepreneurship is about entrepreneurs creating value for
themselves, but also for the economy at large.
● What are the elements of entrepreneurial ecosystems?
Formal institutions, culture, phsyical infrastructure, demand, finance, talent, intermediaries, new
knowledge, leadership and networks.
● Why is an entrepreneurial ecosystem ‘territorial’?
Because the elements of an entrepreneurial ecosystem contain a tacit element, that requires
geographical proximity and therefore it is focussed on a certain territorium. Besides, they focus
on a particular market to create value for, which can differ in different domains.
2. Framework
https://www.youtube.com/watch?v=flTEn3pdrjw&list=PLYMwP1PudIuvMs42mHn1g5xnY7Y_0gt
Sk&index=2
● What is a framework, and how does it differ from a model?
A framework differs from a model, because it indicates the components, dimensions and
directions of an approach, while a model is just a theoretical concept with the components an
investigation needs.
● What is the value of having the EE framework, for whom?
The EE framework generates value for all interdependent actors involved and it allows these
actors to play a central role as leaders in the creation of the system and are feeders of the
system.
● What are the differences between entrepreneurial ecosystems and innovation systems?
The difference is that innovation systems have innovation as primary output, while EE has
entrepreneurship as primary output and entrepreneurship is not always or not just about
innovation.
● When do we talk about a ‘complex’ system?
When weak links in a system affect the productivity of the entire system.
3. Policy
https://www.youtube.com/watch?v=5KubtzRdBdM&list=PLYMwP1PudIuvMs42mHn1g5xnY7Y_0
gtSk&index=3
● How can the EE framework be of relevance for policy making?
The EE framework can be of relevance, because it provides insights in the weakest links within a
system so policy making can target these weak links and as a result increase productivity for the
entire system.
● What does the EE Policy Cycle look like?
It starts with a diagnosis of the problem, after which there is a dialog with all the involved
stakeholders in the system, private and public. The outcome of this dialog leads to a policy
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