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Final Exam
Question 1. 1. (TCO 1) List the four components that describe the entrepreneurial innovation model. Which component is the most critical to success? Defend your choice. (Points : 25)
Question 2. 2. (TCO 2) How is corporate venturing used as an aid to search for innovation opportunities? Explain the relationship of the organization’s strategic plan and vision statement to the corporate venturing methodology. (Points : 25)
Question 3. 3. (TCO 3) Analyze the importance of overall business advertising and government regulation (local, state, and federal) as tools for generating new concepts. Provide an example of how advertising or government regulation generated an innovative product or service. (Points : 25)