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Lernmaterialien für Entrepreneurship for Students of Information Systems an der TU München

Greife auf kostenlose Karteikarten, Zusammenfassungen, Übungsaufgaben und Altklausuren für deinen Entrepreneurship for Students of Information Systems Kurs an der TU München zu.

TESTE DEIN WISSEN
Give an example of an informal protection mechanism
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TESTE DEIN WISSEN
• Secrecy • Lead times or first mover advantages • Complexity of design • Access to sales/distribution channels • Access to suppliers • Access to users and customers
Lösung ausblenden
TESTE DEIN WISSEN
Give an example for advantages and disadvantages of funds from family and friends?
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TESTE DEIN WISSEN
• Advantage: easy to obtain money; more patient than other investors • Disadvantage: direct input into operations of venture
Lösung ausblenden
TESTE DEIN WISSEN
What is risk?
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TESTE DEIN WISSEN
Risk: when the probability of an outcome is possible to calculate or is knowable
Lösung ausblenden
TESTE DEIN WISSEN
What is a formal protection mechanism?
Lösung anzeigen
TESTE DEIN WISSEN
• Patents • Copyrights • Trademarks • Design registrations • Confidentiality agreements
Lösung ausblenden
TESTE DEIN WISSEN
What is equity financing?
Lösung anzeigen
TESTE DEIN WISSEN
Equity financing: obtaining funds for the company in exchange for ownership
Lösung ausblenden
TESTE DEIN WISSEN
What is good about personal funds?
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TESTE DEIN WISSEN
Least expensive funds in terms of cost and control Absolutely essential in attracting outside funding
Lösung ausblenden
TESTE DEIN WISSEN
What is digital entrepreneurship?
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TESTE DEIN WISSEN
traditional entrepreneurship joint with an emphasis on leveraging new digital technologies in novel ways, such as social, mobile, analytics, cloud and cyber-solutions
Lösung ausblenden
TESTE DEIN WISSEN
What are the four distinct phases of the entrepreneurial process?
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TESTE DEIN WISSEN
1. identification and evaluation of the opportunity 2. development of the business plan 3. determination of the required resources 4. management of the resulting enterprise
Lösung ausblenden
TESTE DEIN WISSEN
What is a weak appropriability regime
Lösung anzeigen
TESTE DEIN WISSEN
technology that is almost impossible to protect
Lösung ausblenden
TESTE DEIN WISSEN
def. excludability
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TESTE DEIN WISSEN
the quality of being able to be excluded
Lösung ausblenden
TESTE DEIN WISSEN
What are generic assets?
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TESTE DEIN WISSEN
general purpose assets which do not need to be tailored to the innovation
Lösung ausblenden
TESTE DEIN WISSEN
What is lead time in market entry?
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TESTE DEIN WISSEN
the grace period in which the first mover operates in the industry under conditions of limited competition
Lösung ausblenden
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Beispielhafte Karteikarten für deinen Entrepreneurship for Students of Information Systems Kurs an der TU München - von Kommilitonen auf StudySmarter erstellt!

Q:
Give an example of an informal protection mechanism
A:
• Secrecy • Lead times or first mover advantages • Complexity of design • Access to sales/distribution channels • Access to suppliers • Access to users and customers
Q:
Give an example for advantages and disadvantages of funds from family and friends?
A:
• Advantage: easy to obtain money; more patient than other investors • Disadvantage: direct input into operations of venture
Q:
What is risk?
A:
Risk: when the probability of an outcome is possible to calculate or is knowable
Q:
What is a formal protection mechanism?
A:
• Patents • Copyrights • Trademarks • Design registrations • Confidentiality agreements
Q:
What is equity financing?
A:
Equity financing: obtaining funds for the company in exchange for ownership
Mehr Karteikarten anzeigen
Q:
What is good about personal funds?
A:
Least expensive funds in terms of cost and control Absolutely essential in attracting outside funding
Q:
What is digital entrepreneurship?
A:
traditional entrepreneurship joint with an emphasis on leveraging new digital technologies in novel ways, such as social, mobile, analytics, cloud and cyber-solutions
Q:
What are the four distinct phases of the entrepreneurial process?
A:
1. identification and evaluation of the opportunity 2. development of the business plan 3. determination of the required resources 4. management of the resulting enterprise
Q:
What is a weak appropriability regime
A:
technology that is almost impossible to protect
Q:
def. excludability
A:
the quality of being able to be excluded
Q:
What are generic assets?
A:
general purpose assets which do not need to be tailored to the innovation
Q:
What is lead time in market entry?
A:
the grace period in which the first mover operates in the industry under conditions of limited competition
Entrepreneurship for Students of Information Systems

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Information systems

Hochschule für Wirtschaft und Recht Berlin

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University of Twente

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