Exam 11: Global Entrepreneurship and Intrapreneurship

Born-global firms follow the traditional pattern of businesses that operate in the home country for many years and gradually evolve into international trade.

Innovation-driven economies are economies that are typical in countries that compete on the basis of:

A(n)_____ is defined as one who organizes, owns, manages, and assumes the risks of an economic venture.

The traditional firm:

Early adopters are those consumers who generally wait for others to buy a new technology before they make use of it.

A(n)_____ is one that seeks to systematically promote the spirit of intrapreneurship in targeted parts of the organization.

Which of the following is an example of an innovation-driven economy?

The starting point for new ventures is _____, while the strategy for existing firms usually begins with some assessment of the firm's underlying resources and capabilities.

Which of the following is true with regards to crowdfunding?

Disruptive technology refers to:

A(n)_____ is an affluent individual who provides capital for a business start-up.

_____ typically enter established markets, providing a more traditional product or service to a local market.

The computer would be considered a _____ technology for the typewriter.

What are the prerequisites for ensuring the success of a global start-up?

A combination of new-market and low-end disruption strategies is termed as _____.

In the structural-separation approach of organizational intrapreneurship:

A local dry cleaner has been through four different owners and provides dry cleaning facilities to customers in a particular locality.The current owner would be considered an entrepreneur.

The most common form of bootstrapping is:

Factor-driven economies are economies that are typical in countries that compete on the basis of:

_____ had been perceived as risk takers and nonconformists who were usually unable to work in a corporate environment.