Entrepreneurial Innovation

What is an entrepreneur?

• A person who undertakes the risk of starting a new business venture

• Someone with the dream of owning their own business

• Someone who is confident in his new bussiness idea

• All 3 answer is correct

Which product is an invention?

Choose as many answers as you think it is correct

• The Lightbulb

• Internet

• Netflix

• Iphone

Successful innovation is about creating or adding value

• True

• False

Radical innovation is......

• Small improvement

• Significant technological change

• Change in business model

• A significant change in technology and business model

What is creativity?

(Multiple answers)

• Innovation is creativity

• Driver to create a new product

• Generating new ideas

The term business model refers to a company's plan for making a ....

• Profit

• Product

• Marketing

• Mind map

What is customer segmentation?

(Multiple Choice)

• Customers Relationship

• Customers with shared characteristics

• Customer Market Research

• Customers with same intereste

The Value Proposition is....

• solves a customer problem

• bundle of benefits that a company offers customers

• the reason why customers turn to one company over another

• All Three answer is correct

What functions serve the "Chanel" on your Business Model Canvas?

• Delivering a New Product/Service

• New Business Idea

• Customer acquisition

• Delivering a Value Proposition to customers

Why is it important to Networking?

• Helps exchange Ideas

• Helps achieving business goals.

• Helps advertise business

• Helps meet with potential customers