Presentation is loading. Please wait.

Presentation is loading. Please wait.

What impact do knowledge conditions have in your industry?

Similar presentations


Presentation on theme: "What impact do knowledge conditions have in your industry?"— Presentation transcript:

1 What impact do knowledge conditions have in your industry?

2 Objectives Examine knowledge conditions in the context of entrepreneurial industry conditions Explore the impact of knowledge conditions on success as an entrepreneur

3 Exploring industry conditions
After understanding entrepreneurial mindset, motivations, and behaviors, the next step in exploring new venture ideas is evaluating industry condition. Provides insights into the attractiveness of an industry for new entrants With this understanding, aspiring entrepreneurs can determine if, and how, to compete effectively within their chosen industry

4 The Opportunity Analysis CanvasTM
Industry Condition Knowledge conditions Demand conditions Entrepreneurial Motivation Competition Entrepreneurial Mindset Industry Status Opportunity Identification Entrepreneurial Behavior Value Curve Macroeconomic Change

5 Defining knowledge conditions
“the amount and type of knowledge that is required to create and deliver the industry’s products or services” Within a specific industry, do you need expertise, or is success based more on financial capabilities, location, and/or relationships?

6

7

8

9

10

11

12 Starting a technology company as a non-technologist?

13 To build your knowledge
Learn Find co-founders Hire employees Partner/joint venture Outsource Via networking Or elance, odesk, etc.

14

15 Summary Is the industry that I am planning to enter a good one for starting a new company? Are the knowledge conditions in the industry favorable to a start-up? Knowledge > Money, Relationships, etc. How can you apply and/or develop your knowledge and your team’s knowledge to launch and grow a successful venture?


Download ppt "What impact do knowledge conditions have in your industry?"

Similar presentations


Ads by Google