NPTEL Entrepreneurship Week 8 Assignment Answers 2024
1. Which of the following is a reputed university-linked entrepreneurial ecosystem in the USA?
- Stanford
- MIT
- Purdue
- All of the above
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2. NISP stands for:
- New Innovation and Startup Policy for Students and Faculty
- National Innovation and Startup Policy for Students and Faculty
- National Invention and Startup Patenting for Students and Faculty
- New Innovation and Science Policy for Students and Faculty
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3. The highest rated country in PISA ranking has been:
- Singapore
- United States
- United Kingdom
- China
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4. Co-founders of a successful start-up usually have:
- Exactly same skills
- Opposing attitudes
- Complementary skills and attitudes
- Same family lineage
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5. Start-ups have a great opportunity to contribute to the ushering in of:
- Circular economy
- Declining economy
- Volatile economy
- None of the above
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6. For effective pursuit of indigenous scientific and technological development, India needs:
- Only public research
- Only private research
- Strong public-private partnership in research
- Neither public nor private research but only imports
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7. Innovation led companies, such as global big pharma, invest the following percentage of sales on R&D:
- 2 to 5%
- 6 to 8%
- 9 to 12%
- 25 to 30%
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8. The succession sagas at Tata Group and Infosys emphasise that for harmonious transition when founders are still the investors or statured leaders, harmony is ensured by:
- A complete break with the past
- Having all key decisions formally vetted by the founders
- Change with Continuity
- None of the above
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9. Super-specialist experts in science and technology will be helpful, as mentors, advisors and board members, for start-up founders in the following type of domains:
- Genetics, Artificial Intelligence, Biopharma, and Personal Medicine
- Road transportation and Ride handling
- Software and Gaming
- Textiles and Apparel
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10. When promoters and professionals co-exist in senior leadership roles in a start-up, it is better for them to govern their conduct and decision making in the start-up in terms of:
- Completely independent roles
- Collaboratively through a clear role charter
- Working informally without any expectations
- Questioning each other
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