Final Exam: INS-680-001-SUMMER2025-6–Techno Innovation & Entrepreneurship

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Final Exam: INS-680-001-SUMMER2025-6–Techno Innovation & Entrepreneurship

Instructions:

  • Answer all five questions. Total words count should not exceed 5000 words.
  • Use your course notes, readings, and project work.
  • Clearly demonstrate application of frameworks and personal interpretation.
  • You are NOT allowed use generative AI to write your answers. Responses must be based on your own understanding, experience, and analysis.
  • Submit through Blackboard

Question 1: Personal Entrepreneurial Reflection

Reflect on a time when you had to take initiative or solve a problem in a creative way. What entrepreneurial traits did you exhibit during that time? How would you handle the situation differently after taking this course?

Question 2: Opportunity Evaluation of a Real Business Idea

Identify a business idea you personally believe in (not from a textbook). Use any opportunity evaluation frameworks discussed in class or any other frameworks that you know (e.g., Market Gap Analysis, Opportunity Checklist, or Lean Canvas) to assess its viability. What are the most promising and risky elements of the idea?

Question 3: Interview Insights from a Practicing Entrepreneur

Summarize the key takeaways from a one-on-one conversation you had with a local entrepreneur. What were the biggest challenges they faced, and how do their experiences align (or conflict) with theories you studied in this course?

Question 4: Post-Mortem Analysis of a Failed Startup

Choose a real-life failed startup (not discussed in class). Conduct a post-mortem analysis using any opportunity evaluation frameworks discussed in class or any other frameworks that you know. What could the founders have done differently?

Question 5: Your Entrepreneurial Roadmap

Based on your learning in this course, create a 6-month action plan to move forward with either your own venture idea or a startup you want to join. Include milestones, metrics, and challenges. Justify your approach using concepts from the course.