8 Questions + Entrepreneurial Personality Flashcards

Session 1

1
Q
  1. What is Entrepreneurship?
A

Entrepreneurship is about opportunities discovering market need and creating a new product or service to fulfil this need. developing product or service.

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2
Q

Market pull

A
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3
Q

Technology push

A
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4
Q

Entrepreneur’s tasks

A
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5
Q
  1. Why is entrepreneurship important?
A
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6
Q
  1. Creative destructors
A

Making old product obsolete. Keep capitalist cycle alive. Higher growth in gdp

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7
Q

4.

A
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8
Q
  1. What is the difference between entrepreneurial and traditional firm?
A

Competition within their own
Entrepreneurship- capturing territory. Very traditional ignores entrepreneurial approach.
Chess vs. Go

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9
Q

6.

A

Social goals
Env E Balance economic and non-economic goals
Triple bottom line goal

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10
Q
  1. Can you become an entrepreneur?
A

Autonomy. Personal motivation.

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11
Q
  1. How TUM can support entrepreneurs?
A
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12
Q

Personality aspects

A
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