1. Breakthrough innovations- A
new product with some technological change.
2. Business ethics- The study of
behavior and morals in a business situation.
3. Desirability of new venture
formation- Aspects of a situation that make it desirable to start a new
company.
4. Entrepreneur- Individual who
takes risks and starts something new
5. Entrepreneur as an innovator-
An individual developing something unique.
6. Entrepreneurial decision
process- Deciding to become an entrepreneur by leaving present activity.
7. Entrepreneurship- Process of
creating something new and assuming the risks and rewards
8. Foundation companies- A type
of company formed from research and development that usually does not go
public.
9. Gazelles- Very high growth
ventures.
10. Government as an innovator- A
government active in commercializing technology.
11. High-potential ventures- A
venture that has high growth potential and therefore receives great investor
interest.
12. Intrapreneurship-
Entrepreneurship within an existing organization
13. Iterative synthesis- The
intersection of knowledge and social need that starts the product development
process.
14. Lifestyle firm- A small
venture that supports the owners and usually does not grow.
15. Ordinary innovations- A new
product with little technological change.
16. Possibility of new venture
formation-Factors making it possible to create a new venture.
17. Product-evolution
process-Process for developing and commercializing an innovation.
18. Risk taking-Taking calculated
chances in creating and running a venture.
19. Technological innovations-
New products with significant technological advancement.
20. Technology transfer-
Commercializing the technology in the laboratories into new products.
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