Term
|
Definition
| Searching out and capturing new ideas that lead to business opportunities is called |
|
|
Term
| Entrepreneurial Alertness |
|
Definition
| Many small business owners seem to have a knack for identifying good business ideas known as |
|
|
Term
|
Definition
| If your idea is essentially the same as something done before, you are following a(n) |
|
|
Term
|
Definition
| If you have taken an idea that has already been done and build on it, you are following a(n) |
|
|
Term
| Radical Innovation Strategy |
|
Definition
| An idea that no one has tried before something very different than whats out there is following a(n) |
|
|
Term
|
Definition
| checking out an idea to see if it is viable, realistic and how internal and external forces might influence it is doing a _________ study. |
|
|
Term
|
Definition
| Diane wasnt sure if she knew exactly how to sell her new product on line and what customers might respond to best, so she did a trail run, called a ________ is a process producing an idea or opportunity that is novel and useful. |
|
|
Term
|
Definition
| Dennis was granted the _______ to open a chain oil change business, following a model already successful in a number of states. |
|
|
Term
|
Definition
| A legal agreement granting you rights to use a particular piece of intellectual property. |
|
|
Term
|
Definition
| The person or firm which is obtaining the rights to use a particular piece of intellectual property. |
|
|
Term
|
Definition
| The person or organization which is offering the rights to use a particular piece of intellectual property. |
|
|
Term
|
Definition
| For the right to run a business using another businesses model, Dennis must pay an annual fee known as a |
|
|
