Summary
Summary Test bank for New Venture Creation: Entrepreneurship for the 21st Century 9th Edition by Stephen Spinelli
- Module
- Institution
Full download please contact u84757（at）protonmail(dot)com or qidiantiku(dot)com
[Show more]
Seller
Follow
vvgrant886
Content preview
Full download please contact u84757@protonmail.com or qidiantiku.comChapter 1
Student: ___________________________________________________________________________
1. While leading U.S. venture capital firms are interested in establishing relationships
and operations in China, the Chinese government continues to resist such overtures.
True False
2. A Flatter World refers to the convergence of technology and world events that are
playing a role in bringing about significant changes in traditional value chains.
True False
3. Entrepreneurship training works well in schools of business and engineering, but has
not proven to be useful in fields such as architecture, medicine, and life sciences.
True False
4. The best entrepreneurship professors are able to determine in advance which of their
incoming students will be the most effective entrepreneurs.
True False
5. MIT researcher David Birch found that while new and growing smaller firms could be
regionally important, they had little effect on the economy as a whole.
True False
6. According to the U.S. Small Business Administration's Office of Advocacy, small
businesses (those with fewer than 500 employees) represent more than 99 percent of
all employers and provide about 75 percent of all new net jobs.
True False
7. A 2010 report by The Guardian Life Small Business Research Institute indicated that
women-owned businesses are limited mainly to small service enterprises with few
employees.
True False
8. While various surveys of high school seniors indicate a strong interest in
entrepreneurship, a 2004 Gallup Poll showed that a large percentage of American
parents would still prefer that their children pursue a less risky career.
True False
Full download please contact u84757@protonmail.com or qidiantiku.com
, Full download please contact u84757@protonmail.com or qidiantiku.com
9. Research in the 1980s and 1990s found that since World War II, small entrepreneurial
firms have been responsible for half of all innovation and 95 percent of all radical
innovation in the United States.
True False
10. Studies indicate that although smaller firms often generate twice as many
innovations per R&D dollar spent as the established multinationals, the large firms
still produce more innovations per R&D scientist than entrepreneurial companies.
True False
11. The world's first solar-powered motor—an innovation aimed at heading off the world's
dangerous dependence on coal—was introduced in 1861.
True False
12. What was the primary concept that entrepreneur Rick Adam applied from his years as
a software engineer in order to develop two separate aircrafts—the A-500 and the A-
700—while maintaining a time-to-market advantage over more entrenched
competitors?
A. Economies of
scale
B. Modulari
ty
C. Process
mapping
D. Horizontal management
structure
13. According to the text, which of the following is an important emerging field that is
helping large population groups break out of poverty?
A. Philanthro
py
B. Mentorsh
ip
C. Doctoral
programs
D. Microcred
it
Full download please contact u84757@protonmail.com or qidiantiku.com
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller vvgrant886. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £31.67. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now