BUSINESS ADMINISTRATION
ENTREPRENEURIAL DEVELOPMENT
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Development Capital
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Structured Capital
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Human Capital
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Seed Capital
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Detailed explanation-1: -Innovative entrepreneurs face special issues in raising (c) human capital.
Detailed explanation-2: -Inability of potential external funders to understand technology.
Detailed explanation-3: -According to Schumpeter, innovative entrepreneurs would: Thrive in the market. Not survive and disappear from the market.
Detailed explanation-4: -So, an innovative entrepreneur is one who has the ability to come up with innovative products and services to meet the market’s trends and demands.
Detailed explanation-5: -Innovative entrepreneurs possess a variety of skills that enable them to be successful at bringing to life new business ideas. They communicate well, in a timely manner and with the right information. They can position new products in crowded marketplaces. They win negotiations and build high-performance teams.