Explain the difference between an inventor and an entrepreneur.

Question 2Explain the difference between an inventor and anentrepreneur.Question 3Write a paragraph explaining why resisting innovation cancause established businesses to lose employees that self-identify as corporateentrepreneurs.Question 4Define entrepreneurial effectiveness; then list at leastthree things that illustrate this in an entrepreneur.Question 5Why is a systemic approach to a feasibility study important?Question 6While conducting a feasibility study, an entrepreneur isusing an online search engine. Write an analysis on why they should use cautionwhen using this research strategy.Question 7When looking at information sources for a feasibilityanalysis, an entrepreneur wants to use publications. Provide an example of alikely publication and describe the information they could find here.Question 8Explain why researching finances is an important stage ofthe feasibility analysis and describe the areas of financial information mostimportant in the feasibility analysis.Question 9Describe examples of two natural and man-made barriers thatmay impact your ability to serve your customers. How and why are theseimportant to a feasibility analysis?Question 10Explain the opportunity rationale for an entrepreneurpushing into an overseas market.Question 11List all seven key actions forsuccessful international expansion. Define three from your list of seven.Question 12What is the build, buy or partnership decision? Define eachoption in terms of how they are linked to internationalization.Question 13Define and provide a specific example of political risk inan international business setting.Question 14Explain and provide a specific example of why internationalreputation management is important.
Reading Materials to be Referenced:The Feasibility AnalysisStarting a Small Business: TheFeasibility Analysis from Millikin, N, and Reilly, M. (2015) Montana StateUniversity, Extension Service, MontGuide Publication.
Brockhouse, J. W., & Wadsworth, J.J. (2016). Vital steps: a cooperative feasibility study guide. USDA RuralDevelopment/Cooperative Service.
Entrepreneurship Skills forGrowth-Orientated Businesses from Cooney, T, (2012) Dublin Institute ofTechnology, Copenhagen.
The Entrepreneurial ProcessDecision to Become an Entrepreneurfrom Barringer, B. & Ireland, R.D. (2016). Entrepreneurship: SuccessfullyLaunching New Ventures. (5th ed.). (Chapter 1, pp. 3-36). Prentice Hall.
Is Entrepreneurship for You? –Provides information about what it takes to become an entrepreneur. This SBAarticle, “Is Entrepreneurship for You?”From: https://www.sba.gov/content/entrepreneurship-youFrom: https://www.sba.gov/content/20-questions-before-starting-businessFrom: https://www.sba.gov/content/follow-these-steps-starting-businessFrom: https://www.sba.gov/content/do-your-market-research
The Elements of a Good Feasibility StudyWhy Entrepreneurs Need a FeasibilityStudy before a Busines Plan from Magee, K. (2014). Civil Rights Clinic Blog,Charlotte School of Law
Feasibility Studies and theImportant Aspect of Project Management from Mukherje, M. and Roy, S. (2017).International Journal of Advanced Engineering and Management, 2(4), pp. 9-100.
Feasibility Analysis Case Studiesfrom Barringer, B. & Ireland, R.D. (2012). (Chapter 6, pp. 124-142).Prentice Hall.
Feasibility in a Global Environment10 Key Steps to Expanding YourBusiness Globally from Day, D. and Evans, M.(2015) Forbes Magazine. Retrievedfrom https://www.forbes.com
How to Take Your Company Global fromEntrepreneur from Entrepreneur Magazine Online (2017)
International Expansion: A roadmapto successful growth for entrepreneurs from EY Building a better working world(2015) Worldwide global think-tank for business development services.
Recognize and Evaluate Global OpportunitiesRead chapter 2 to learn more aboutGlobal Entrepreneurship from: West, D. M. (2015). Going Mobile: How WirelessTechnology Is Reshaping Our Lives. Brookings Institution Press.
Doing Business Internationally:Practical Guidelines for a Sustainable Strategy from BDO/ING Belgium Federationof Enterprises in Belgium (2014)Read about: Legal structures fordoing business abroad 22-26; International business and tax 28-35; Employeesabroad 40-43; and Managing international risks 54-61
How to Identify and Select aBusiness Opportunity and Then Implement the Business Idea? A Case onEdupreneurship in India from Agrawal, R.(2013) Journal of Business StudiesQuarterly, 4(4), pp. 176-181


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