1. Outline the principles of enterprise, small firms and innovation policy. By engaging in a questioning analysis of a current policy either from Australia or another Western country, critically assess the effectiveness of intervention in the SME sector. Explore the question of what is involved in becoming an entrepreneur, and see the broader context of the subject in a way that should help you either i) be employable in the sector, ii) consult into/advise the sector, or work in government developing policy for the sector. (in 1 page)
2. You have had the opportunity during the semester to enter into a discussion with the examiner about a business idea and its potential. Imagine the examiner is a venture capitalist who is interested in helping new businesses start-up. His primary interest at this stage is not your financial wherewithal; he is the one with the money! Write a succinct business proposal for the venture capitalist?s initial evaluation. Include an Executive Summary. The business pitch would have sources from industry and market literature to back up your analysis of the potential for your idea rather than academic sources. (in 1.5 pages)
3. Is the essence of entrepreneurship universal, regardless of the setting? Illustrate your answer by reference to examples from the not-for-profit, farming, military, sports, science or arts sectors of the economy. (in 0.5 page)
You have to demonstrate:
a) advanced understanding and command of the subject, and
b) advanced ability to make cogent argument to say what you want to say.
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