Ideation - Entrepreneurship

Ideation - Entrepreneurship - Glossary - KTH Stockholm Fall 2013

Ideation - Entrepreneurship - Glossary - KTH Stockholm Fall 2013

Florian Klinger

Florian Klinger

Fichier Détails

Cartes-fiches 63
Langue Deutsch
Catégorie Gestion d'entreprise
Niveau École primaire
Crée / Actualisé 25.09.2013 / 25.09.2013
Lien de web
https://card2brain.ch/box/ideation_entrepreneurship
Intégrer
<iframe src="https://card2brain.ch/box/ideation_entrepreneurship/embed" width="780" height="150" scrolling="no" frameborder="0"></iframe>

Patent

exclusive right - invention - grant -limited (exclusive rights to exclude others from marketing/selling/using an invention. it's a grant and the period is limited.)

Pivot

structured course correction - designed - new fundamental - strategy, product, engine of growth (Structured course correction designed to testing a new fundamental hypothesis about the product, strategy and the engine of growth)

Profit

= selling price - incurred costs (entstandenen)

Product/Market fit

product - satisfies - intended (when a product satisfies its intended market)

revenue (also called sales/overturn)

money received - normal (money received from normal business activities, usually selling products/services.)

seed capital (or seed financing/seed money)

money - initial investment (money used for the initial investment in a startup)

social entrepreneurship

creating - new and innovative - social value (creating and innovative new enterprise that generates social value)

Startup

human institution - designed to create - conditions (human institution designed to create a new product or service under conditions of extreme uncertainty)

substitudes (substitude goods)

different products - at least - can replace (different products that at least partialy satisfy the needs of the customers and therefore can replace each other)

supply chain

network - participate (network of all firm that participate in the production of a product - from raw materials to sale)

switching costs

C C C C (costs for the customers which occur when the customer changes the product or supplier (can be money, psychological, effort, time-costs))

Target market

specific market segment - attract (the specific market segment that a venture tries to attract)

value chain

string of activities - stages (the string of activities that moves a product from the stages raw material, manufacturing, distribution to the customer)

value proposition

the job being done for the customer (alternative: the quantifiable benefits a business promises to the customers)

venture capital

financial capital - equity ownership (financial capital provided to the startup in exchange for equity ownership)

viral

self-replicating - due to - customer referrals (when a product or service is self-replicating due to customers referrals)

working capital

= current assets - current liabilities (cash available for day-to-day operations)

fixed costs

cost - not vary - amount varies

variable costs

cost - vary - amount

design thinking

A discipline that uses the designer’s sensibility and methods to match people’s needs with” a viable market opportunity

Abandonment Rate

% of abandoned online shopping carts

active user

during a certain time, doing certain activity, within a community or social networks

analytics

discovery and communication of meaningful patterns in data