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    GE 117 Module Lesson 2 Activities

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    Karl Dave Almeria
    This document outlines the course objectives and overview for a course on developing an entrepreneurial mindset. [1] The course is designed to teach students about the fundamental aspects of an entrepreneurial mindset and how to apply it to create, implement, and evaluate a self-directed project. [2] At the completion of the course, students will be able to identify opportunities, understand the entrepreneurial process, think entrepreneurially across disciplines, establish goals and take steps to achieve them, build relationships, and make effective presentations. [3]

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    GE 117 Module Lesson 2 Activities

    Uploaded by

    Karl Dave Almeria
    161 views5 pages
    This document outlines the course objectives and overview for a course on developing an entrepreneurial mindset. [1] The course is designed to teach students about the fundamental aspects of an entrepreneurial mindset and how to apply it to create, implement, and evaluate a self-directed project. [2] At the completion of the course, students will be able to identify opportunities, understand the entrepreneurial process, think entrepreneurially across disciplines, establish goals and take steps to achieve them, build relationships, and make effective presentations. [3]

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    This document outlines the course objectives and overview for a course on developing an entrepreneurial mindset. [1] The course is designed to teach students about the fundamental aspects of an entrepreneurial mindset and how to apply it to create, implement, and evaluate a self-directed project. [2] At the completion of the course, students will be able to identify opportunities, understand the entrepreneurial process, think entrepreneurially across disciplines, establish goals and take steps to achieve them, build relationships, and make effective presentations. [3]

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    161 views5 pages

    GE 117 Module Lesson 2 Activities

    Uploaded by

    Karl Dave Almeria
    This document outlines the course objectives and overview for a course on developing an entrepreneurial mindset. [1] The course is designed to teach students about the fundamental aspects of an entrepreneurial mindset and how to apply it to create, implement, and evaluate a self-directed project. [2] At the completion of the course, students will be able to identify opportunities, understand the entrepreneurial process, think entrepreneurially across disciplines, establish goals and take steps to achieve them, build relationships, and make effective presentations. [3]

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    © All Rights Reserved
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    The

    Entrepreneu
    rial mindset

    MARIE JANE A. CABIDES


    Course information
    Course Description: The Entrepreneurial Mind
    Course Code: GE 117
    Course Credit: 3 Units
    OVERVIEW

    When it comes to entrepreneurship education and training, there is no precise


    formula that guarantees success. Yet there is a common thread—that a mindset guides the
    decisions enabling entrepreneurs to succeed. For the purposes of this course, the term
    “entrepreneurial mindset” is defined as the underlying beliefs and assumptions that drive
    the behavior enabling entrepreneurs to succeed. This course also takes the approach that
    anyone (not just those who want to start businesses or enterprises) can benefit from
    understanding and applying an entrepreneurial mindset to any situation that demands
    change in their life. This course is designed to immerse you in learning about the
    fundamental aspects of an entrepreneurial mindset and the unlimited opportunities it can
    provide. You then will take that knowledge and apply it to the creation, implementation
    and evaluation of a self-directed project with a topic of your choosing.

    Course Objectives
    At the completion of this course, you will be able to:
     Use critical thinking skills to identify and evaluate entrepreneurial opportunities,
    manage risks and learn from the results of evaluating that process.
     Understand the process that enables entrepreneurs with limited resources to
    transform a simple idea into a sustainable success.
     Understand and apply fundamental aspects of entrepreneurial thinking across
    disciplines and as a means of personal development.
     Establish goals, identify resources and determine the steps required to address
    those goals.
     Use critical inquiry skills to identify, interview and generally build relationships
    with local innovators, entrepreneurs and other community leaders.
     Make effective oral presentations pertaining to the project based work that you
    performed this semester.
    Entrepreneurship Mindset Syllabus
    Woodard, 4/17/2012 (2)

    Writer:
    Marie Jane A. Cabides
    Instructor
    Evaluators:
    Generoso N. Mazo, Ph. D
    Social Science Unit Head
    Ryan G. Destura
    Leyte Normal University, , 2020 MODULE

    2
    MODULE 1
    Chapter 2 Opportunity Recognition and Design Thinking

    Entrepreneurs see ways to put resources and information together in new


    combinations. They not only see the system as it is, but as it might be. They have a
    knack for looking at the usual and seeing the unusual, at the ordinary and seeing the
    extraordinary. Consequently, they can spot opportunities that turn the commonplace
    into the unique and unexpected. – Mitton (1989, p. 12)

    In my opinion, all previous advances in the various lines of invention will appear
    totally insignificant when compared with those which the present century will witness.
    I almost wish that I might live my life over again to see the wonders which are at the
    threshold. – Charles H. Duell, Commissioner, U.S. Office of Patents, 1898-1901 (who
    has been incorrectly quoted as having said “Everything that can be invented has been
    invented”)

    The significant problems we face cannot be solved at the same level of thinking we
    were at when we created them. – Albert Einstein

    I think there is a world market for maybe five computers. – Thomas Watson, Chairman
    of IBM, 1943

    Learning Objectives
    After completing this chapter you will be able to

     Discuss opportunity recognition concepts and methods as developed and/or


    advocated by leading thinkers like Drucker, Mitchell, Schumpeter, and Vesper
     Describe what design thinking is
     Apply design thinking to develop and assess new venture ideas

    Overview
    This chapter introduces a sample of perspectives and tools designed to help individuals
    recognize potential business opportunities. The concept of design thinking is also examined
    in some detail.

    The objective is to help you improve your ability to apply inspiration, ideation,


    and implementation as part of the design thinking process.

    Activity No. 1. Using the table below, briefly discuss each entrepreneurship theorist and
    3
    practitioners’ concept of opportunity recognition.

    1. Baron

    2. Drucker

    3. Mitchell

    4. Schumpeter

    5. Murphy

    6. Vesper

    [25]

    Activity No. 2. Give what is asked:

    1. Discuss the 4 internally focused sources for innovative opportunity according to


    Drucker. [12 pts.]

    2. Discuss the 3 externally focused sources for innovative opportunity according to


    Drucker. [9]

    3. One of the components of Mitchell’s (2000) New Venture Template TM asks whether
    the venture being examined represents a new combination. To determine this, what
    considerations did he suggest? Please discuss. [10]

    4. What are Schumpeter’s (1934) five kinds of new combinations that can occur within
    each of the four kinds of entrepreneurial discovery (Mitchell, 2000)? [20]

    5. Discuss Murphy’s multidimensional model of entrepreneurial discovery. [10]

    6. What are the several ways in which entrepreneurs found ideas, according to
    Vesper? [8]

    7. How did Vesper categorized discovery questions? [9]

    8. Vesper (1996) also highlighted several mental blocks to departure. He suggested that


    generating innovative ideas involved two tasks: to depart from what is usual or
    customary and to apply an effective way to direct this departure. (a) Discuss the
    mental blocks in the way of departure and the (b) some tactics for departure. [25]

    9. Design a posted showing a graphical representation of Design Thinking. Explain


    your poster in not less than 200 words.

    4
    Criteria Points
    Required Elements 5 pts.
    Labels 5 pts.
    Relevance 5 pts.
    Attractiveness 5 pts.
    Grammar 5 pts.
    TOTAL 25 pts.

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