Friday, March 8, 2013

2nd Saturday Class

4 Types of Intrepreneurship


Incremental-routine business, modest
Ex: New coffee shop 


Immitative- Immitation of vendure, same business model and template
Ex: New regional branch or franchise operations 


Rent Seeking-business utilize standards regulation and laws to share in value of enterprise
Ex: Licensing of potented ideas,products or trade secret ideas. 


Inovative-this business that are base on innovation.
Ex. New cure for infection, New dvd format, New memory chips, New ICT enchance home appliances. 


What is Intrepreneurship?
-Delivery or design of high tech product like computer hardware or devices-HP,CD-R 
Biotechnology-AVG,Telecom Company 
-Service firm when technology is critical mission.
-Use technology in the delivery or conduct of normal business activities. 
-After the discussion our prof make a grouping for the reporting next meeting.

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