Important Questions Related to Entrepreneurship

1.                  Do you really think that entrepreneurs think effectually? What about yourself—do you sometimes think effectually? In what ways is it good? Then why are we taught in business classes to always think causally?

2.                  Do you believe that ethics and social responsibility should be part of an entrepreneurship course or did the textbook authors just include a section on it to be “politically correct”?

3.                  What excites you about being an entrepreneur? What are your major concerns?

4.                  Search the Internet for three accounts of successful corporate entrepreneurship. What key factors for success are common across all of these accounts? Which are unique? If one company can foster an entrepreneurial climate within an existing firm, what stops another company from copying its process and taking away the initial advantage?

5.                  Why do role models impact the decision of people to become entrepreneurs? Do you think that a person whose parent was an entrepreneur of a failed business is more or less likely to start his or her own business than a person whose parents were managers of large, established companies?

6.                  Is increasing the entrepreneurial orientation of a firm always a good thing? Or are there circumstances or environments in which the further pursuit of opportunities can diminish firm performance?