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Please read and view this week's Learning Resources before you complete the Discussion.

Reading

· Course Text: Hisrich, R.D., Peters, M.P., & Shepherd, D.A. (2013). Entrepreneurship (Laureate Custom ed.). New York: McGraw-Hill Irwin.

Chapter 1, "Entrepreneurship and the Entrepreneurial Mind-Set"

In this chapter, you will be introduced to the concept of entrepreneurship and the nature of entrepreneurs. You will also examine the process behind entrepreneurship and its role in economic development. Focus on the definitions provided throughout the chapter. Review and think about the examples and anecdotes provided in the chapter that illustrate the major ideas being conveyed. Reflect on two or three famous entrepreneurs with whom you are familiar. What characteristics did these individuals have in common?

Chapter 2, "Entrepreneurial Intentions and Corporate Entrepreneurship"

In this chapter, you will examine the importance of backgrounds and characteristics of entrepreneurs, including education, personal values, age, and work history. Role models are very important to the development of many entrepreneurs, and you will discover how different support networks can assist those individuals who desire to pursue entrepreneurship as a career. You will learn about the entrepreneurial intentions within existing organizations and examine the causes for interest in corporate entrepreneurship. Lastly, you will cover the process of establishing corporate entrepreneurship within an organization by exploring examples of companies that have attempted to do so.

Focus on the definitions provided throughout the chapter. Review and think about the examples and anecdotes provided in the chapter that illustrate the major ideas being conveyed. Consider the individuals that have affected your decision to go into your chosen career field. Why do you think role models have such an impact on a person's decision to become an entrepreneur?

Chapter 6, "Protecting the Idea and Other Legal Issues for the Entrepreneur"

In this chapter, you will identify and distinguish the intellectual property assets of new ventures. You will also examine the nature of patents, including the rights they provide and the process it takes to file for a patent. Patents, trademarks, and copyrights are important vehicles that protect assets that have been developed and are needed by entrepreneurs when starting new ventures. You will also learn of procedures that can protect a venture's trade secrets. Finally, the implication of new legislation, issues related to contacts, insurance, product safety, and liability will be discussed. Focus on the definitions provided throughout the chapter. Review and think about the examples and anecdotes provided in the chapter that illustrate the major ideas being conveyed. Reflect on the extent to which a government currently may be involved with the creation and enforcement of safety laws. Who do you feel should have more decision making authority regarding safety laws, government or private organizations?