ENTI 317 Study Guide - Final Guide: Joint Venture, Cash Flow, Crowdfunding

• School: University of Calgary
• Department: Entrepreneurship and Innovation
• Course: ENTI 317
• Professor: Houston Peschl

Document Summary

Linear growth vs. exponential rate of change moore"s la(cid:449): # of tra(cid:374)sistors dou(cid:271)le e(cid:448)er(cid:455) (cid:455)ear, te(cid:272)h(cid:374)olog(cid:455) is getti(cid:374)g smaller and cheaper. Technology is a force that takes something scarce and makes it abundant. Linear growth is being replaced with exponential growth through disruptive changes/opportunities. (learn to fail. For(cid:449)ard, to deal (cid:449)ith (cid:862)e(cid:454)po(cid:374)e(cid:374)tial rate of (cid:272)ha(cid:374)ge(cid:863)). Your focus is always on the problem, not the product. Available means: to excel at problem solving you must know what resources you have available to you and then us them to the best of your ability by imagining what can be created. This allows goals to emerge but with no certainty and over some time of interactions, failures and aspirations. Entrepreneurial thinking relies on available means (cid:862)i(cid:373)agi(cid:374)es e(cid:374)ds(cid:863) through e(cid:454)peri(cid:373)e(cid:374)tatio(cid:374) usi(cid:374)g limited available means will result in a brilliant idea. Bricolage: the application of available means, or making do with what is at hand.