ENTREPRENEURSHIP

INTRODUCTION TO ENTREPRENEURSHIP

ENTREPRENEURIAL PROCESS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
New industries are born when technological change produces a new opportunity that an enterprising entrepreneur seizes.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -Technology entrepreneurship is an investment in a project that assembles and deploys specialized individuals and heterogeneous assets that are intricately related to advances in scientific and technological knowledge for the purpose of creating and capturing value for a firm.

Detailed explanation-2: -Technological entrepreneurship is defined as a style of business leadership that involves identifying high-potential, technology-intensive commercial opportunities, gathering resources such as talent and capital, and managing rapid growth and significant risk using principled decision-making skills [4].

Detailed explanation-3: -However, in this era of technological advancement, a new form of entrepreneurship has emerged where technology enthusiasts convert their ideas into constructive and successful business ideas. This is called technopreneurship and the entrepreneurs are known as technopreneurs.

There is 1 question to complete.