Entrepreneurial Venture Business Development Possibility
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Course Project: Part I
Each assignment in this course contributes to the completion of your final project as you develop an idea into an entrepreneurial venture.
The textbook authors define an entrepreneurial process as “the entrepreneurial process that takes us from idea generation and opportunity recognition to the point where an opportunity is exploited or converted into a real venture” … “beginning with the how your vision is translated into a tangible business idea” (Blundel et al., 2018, p. 42).
Identify a vision that could be developed into an entrepreneurial opportunity. This vision is an idea of a problem that you would like to solve, which could result in creating a business around solving this problem. What value would this entrepreneurial opportunity provide, and who would benefit from this vision, opportunity, and venture creation?
Distinguish the type of entrepreneurial venture as a business development possibility (e.g., intrapreneurship, social entrepreneur).
Briefly define ethical leadership, and summarize why it is necessary for the success of this venture.