Question 1

How much new VC money was committed in 1975?

Accepted Answer

A) $10 million 
B) $45 million 
C) $145 million 
D) $430 million 
E) $930 million 
A) $10 million 
B) $45 million 
C) $145 million 
D) $430 million 
E) $930 million A

Question 2

Thirty year old people fall into the most entrepreneurially active age demographic.

Accepted Answer

A) True 
 B)False  True

Question 3

How much do informal investors contribute to startup businesses annually?

Accepted Answer

A) $12 billion 
B) $50 billion 
C) $67 billion 
D) $86 billion 
E) $100 billion 
A) $12 billion 
B) $50 billion 
C) $67 billion 
D) $86 billion 
E) $100 billion E

Question 4

Baby boomers are not as concerned about job security as were their parents.

Accepted Answer

A) True 
 B)False

Question 5

The Total Entrepreneurial Activity (TEA)index tracks the percent of the adult population that is trying to start or has started an infant business because all other options for work are either absent or unsatisfactory.

Accepted Answer

A) True 
 B)False

Question 6

A majority of small business owners feel their companies have increased their overall standard of living.

Accepted Answer

A) True 
 B)False

Question 7

A High-Expectation Nascent Entrepreneur is an individual who expects to employ at least 50 employees within four years' time, through his or her new firm.

Accepted Answer

A) True 
 B)False

Question 8

Churning is a main component of a healthy economy.

Accepted Answer

A) True 
 B)False

Question 9

Which of the trends below converged to spark the Internet revolution of the 1990's?

Accepted Answer

A) Personal Computers, Cell Phones, and Laser Printing 
B) Digital Technology, Information Technology, and Entrepreneurship 
C) Personal Computers, Modems, and Floppy Disks 
D) Entrepreneurship, Venture Capital, and Computer Software 
E) Venture Capital, Biotechnology, and Telecommunications 
A) Personal Computers, Cell Phones, and Laser Printing 
B) Digital Technology, Information Technology, and Entrepreneurship 
C) Personal Computers, Modems, and Floppy Disks 
D) Entrepreneurship, Venture Capital, and Computer Software 
E) Venture Capital, Biotechnology, and Telecommunications

Question 10

Which factors led to American entrepreneurial revolution?

Accepted Answer

@#LAT-DLM&In the 1960s a generation of Americans w

Question 11

Yahoo! Inc.'s IPO set the all-time record, in terms of capital raised, for Silicon Valley companies.

Accepted Answer

A) True 
 B)False

Question 12

In general, the most important source of capital for a new entrepreneurial venture is which of the following?

Accepted Answer

A) Informal investors 
B) Venture Capital 
C) Banks 
D) Profits from the venture 
E) Incubators 
A) Informal investors 
B) Venture Capital 
C) Banks 
D) Profits from the venture 
E) Incubators

Question 13

According to the GEM model, how many sets of activities create the basis for national economic growth?

Accepted Answer

A) 2 
B) 3 
C) 4 
D) 5 
E) 6 
A) 2 
B) 3 
C) 4 
D) 5 
E) 6

Question 14

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Accepted Answer

A) True 
 B)False

Question 15

Describe the World Economic Forum's (WEF)3 phases of economic development.

Accepted Answer

@#LAT-DLM&The factor-driven phase is dominated by

Question 16

How much does the Bayh-Dole Act contribute annually to the US economy?

Accepted Answer

A) $300 million 
B) $950 million 
C) $12 billion 
D) $32 billion 
E) $40 billion 
A) $300 million 
B) $950 million 
C) $12 billion 
D) $32 billion 
E) $40 billion

Question 17

Which of the following industries was the prime example of venture capital fueling the pace of commercial innovation?

Accepted Answer

A) Semi-Conductors 
B) Mini-Computers 
C) Biotechnology 
D) Personal Computers 
E) All of the Above 
A) Semi-Conductors 
B) Mini-Computers 
C) Biotechnology 
D) Personal Computers 
E) All of the Above

Question 18

Explain, in your own words, Schumpeter's view of entrepreneurship's role in an economy and society.

Accepted Answer

@#LAT-DLM&Schumpeter argued that the innovation an

Question 19

What was the most critical step in Federal Express' rapid growth?

Accepted Answer

@#LAT-DLM&In the mid-1970s, Federal Express had ta

Question 20

In 2005, North American incubators assisted more than 350,000 startup companies

Accepted Answer

A) True 
 B)False

How much new VC money was committed in 1975?

Thirty year old people fall into the most entrepreneurially active age demographic.

How much do informal investors contribute to startup businesses annually?

Baby boomers are not as concerned about job security as were their parents.

The Total Entrepreneurial Activity (TEA)index tracks the percent of the adult population that is trying to start or has started an infant business because all other options for work are either absent or unsatisfactory.

A majority of small business owners feel their companies have increased their overall standard of living.

A High-Expectation Nascent Entrepreneur is an individual who expects to employ at least 50 employees within four years' time, through his or her new firm.

Churning is a main component of a healthy economy.

Which of the trends below converged to spark the Internet revolution of the 1990's?

Which factors led to American entrepreneurial revolution?

Yahoo! Inc.'s IPO set the all-time record, in terms of capital raised, for Silicon Valley companies.

In general, the most important source of capital for a new entrepreneurial venture is which of the following?

According to the GEM model, how many sets of activities create the basis for national economic growth?

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Describe the World Economic Forum's (WEF)3 phases of economic development.

How much does the Bayh-Dole Act contribute annually to the US economy?

Which of the following industries was the prime example of venture capital fueling the pace of commercial innovation?

Explain, in your own words, Schumpeter's view of entrepreneurship's role in an economy and society.

What was the most critical step in Federal Express' rapid growth?

In 2005, North American incubators assisted more than 350,000 startup companies

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Facing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Social Entrepreneurship: an Overview

Filters

Exam 1: The Power of Entrepreneurship

How much new VC money was committed in 1975?

Thirty year old people fall into the most entrepreneurially active age demographic.

How much do informal investors contribute to startup businesses annually?

Baby boomers are not as concerned about job security as were their parents.

The Total Entrepreneurial Activity (TEA)index tracks the percent of the adult population that is trying to start or has started an infant business because all other options for work are either absent or unsatisfactory.

A majority of small business owners feel their companies have increased their overall standard of living.

A High-Expectation Nascent Entrepreneur is an individual who expects to employ at least 50 employees within four years' time, through his or her new firm.

Churning is a main component of a healthy economy.

Which of the trends below converged to spark the Internet revolution of the 1990's?

Which factors led to American entrepreneurial revolution?

Yahoo! Inc.'s IPO set the all-time record, in terms of capital raised, for Silicon Valley companies.

In general, the most important source of capital for a new entrepreneurial venture is which of the following?

According to the GEM model, how many sets of activities create the basis for national economic growth?

Venture Capital is a source of growth funding exclusively for technology companies with the potential for rapid, scalable growth.

Describe the World Economic Forum's (WEF)3 phases of economic development.

How much does the Bayh-Dole Act contribute annually to the US economy?

Which of the following industries was the prime example of venture capital fueling the pace of commercial innovation?

Explain, in your own words, Schumpeter's view of entrepreneurship's role in an economy and society.

What was the most critical step in Federal Express' rapid growth?

In 2005, North American incubators assisted more than 350,000 startup companies

The Entrepreneurial Process

Opportunity Recognition, Shaping, and Reshaping

Understanding Your Business Model and Developing Your Strategy

Entrepreneurial Marketing

Building the Founding Team

The Business Planning Process

Building Your Pro Forma Financial Statements

Facing Entrepreneurial Ventures Worldwide

Raising Money for Starting and Growing Businesses

Debt and Other Forms of Financing

Legal and Tax Issues, Including Intellectual Property

Entrepreneurial Growth

Social Entrepreneurship: an Overview

Filters