Chapter 2

Question 1

Bug report

Answer 1

Popular technique taht is used in classrooms to teach brainstorming

Question 2

Entrepreneurial alertness

Answer 2

The ability to notice things without engaging in deliberate search

Question 3

focus group

Answer 3

Gathering of 5 -10 people who have been selected based ont heir common characterisitcs relative to the issue being discussed

Question 4

mind map

Answer 4

Diagram used to organize information visually

Question 5

network entrepreneurs

Answer 5

Entrepreneurs who identified their idea through social contacts

Question 6

opportunity gap

Answer 6

Recongizes a problem and creates a business to fill it

Question 7

opportunity recognition

Answer 7

Process of perceiving the possibility of a profitable new business or new product or service

Question 8

strong-tie relationships

Answer 8

Relationships, characterized by frequent interaction, that form between like-minded individuals such as coworkers, friends; these relationships tend to reinforce insights and ideas the indiviudals already have, and therefore, are not likely to generate new ideas

Question 9

Weak-tie relationships

Answer 9

relationships that form between casual acquaintances who do not have a lot in common, and may be thesource of completely new ideas

Question 10

window of opportunity

Answer 10

Time in which a firm or an entrepreneur can realistically enter a new market