Designing an Innovation Course: Part 5: Wikpedia Book of Readings

In Part 4 I prepared an "An Introduction to Entrepreneurship" for a course in "Innovation, Commercialization and Entrepreneurship in Technology". To complement this I have produced a 129 page book of readings: “Commercialisationand Entrepreneurship: Technology, Business and People”. This material is selected from the Wikipedia.
Searching for OER on “Entrepreneurship” I found a 96 page ebook "Entrepreneurship: A group of ideas around entrepreneurship". This had an excellent summary, with images and references. The material was so well presented that it took me some time to realize that this is a “Wikipedia Book”, that is a collection of Wikipedia entries, which have been rendered to book format. So them I produced my own modified book, with more Wikipedia entries. Unfortunately there appears to be no easy way to render this in HTML format for incorporation in a Moodle book.

The re-purposing of Wikipedia content in this format may go some way to reducing concerns from teachers over its use. The selection of the Wikipedia content for the e-book can be curated by a course designer and once rendered to a PDF book the content is fixed and not subject to change. Also, rather than tell students not to use the Wikipedia, this shows an acceptable academic use.

Table of Contents

Definitions 1
1.1 Entrepreneur	1
1.1.1 Definition	1
1.1.2 Extended definition of entrepreneurship	2
1.1.3 Entrepreneurial Cognition 2
1.1.4 Psychology of entrepreneurship	4
1.1.5 Predictors of entrepreneurial success	4
1.1.6 Entrepreneurship as a science of artificial	5
1.1.7 Entrepreneurial Finance	5
1.1.8 Other elements of entrepreneurship	6
1.1.9 History	6
1.1.10 See also	7
1.1.11 References	7
1.1.12 Further reading	9
Entrepreneur	10
1.2.1 Definition	10
1.2.2 Extended definition of entrepreneurship	11
1.2.3 Entrepreneurial Cognition 11
1.2.4 Psychology of entrepreneurship	12
1.2.5 Predictors of entrepreneurial success	13
1.2.6 Entrepreneurship as a science of artificial	14
1.2.7 Entrepreneurial Finance	14
1.2.8 Other elements of entrepreneurship	15
1.2.9 History	15
1.2.10 See also	16
1.2.11 References	16
1.2.12 Further reading	18
Startup company	18
1.3.1 Definition	18
1.3.2 Evolution	19
1.3.3 Startup business partnering	19
1.3.4 Startup culture	20
Co-founders	20
1.3.6 Startup investing	20
1.3.7 Internal startups	21
1.3.8 Trends and obstacles	21
1.3.9 See also	22
1.3.10 References	22
Entrepreneurial economics	23
1.4.1 Theories of the Economic Functions of the Entrepreneur	24
1.4.2 See also	24
1.4.3 References	24
Innovation 26
2.1 Innovation	26
2.1.1 Inter-disciplinary views	26
2.1.2 Measures	29
2.1.3 Rate of innovation	29
2.1.4 Government policies	30
2.1.5 See also	31
2.1.6 References	31
Product innovation	33
2.2.1 Introduction	33
2.2.2 Advantages and Disadvantages of Product Innovation	33
2.2.3 New product development	34
2.2.4 Stages of New Product Development	34
2.2.5 Existing Product Development	34
2.2.6 References	34
Disruptive innovation	35
2.3.1 History and usage of the term	35
2.3.2 The theory	36
2.3.3 Disruptive technology	37
2.3.4 High-technology effects	38
2.3.5 Practical example of disruption	38
2.3.6 Examples of disruptive innovations	38
2.3.7 See also	38
2.3.8 Notes	39
2.3.9 References	40
2.3.10 Further reading	40
2.3.11 External links	40
The Cambridge Phenomenon 41
3.1 Silicon Fen	41
3.1.1 41
Business growth
3.1.2 Area characteristics	42
3.1.3 See also	42
3.1.4 References	43
3.1.5 External links	43
ARM Holdings	43
3.2.1 History	44
3.2.2 Operations	45
3.2.3 Technology	45
3.2.4 Licensees	45
3.2.5 Sales and market share	46
3.2.6 Partnerships	46
3.2.7 Senior management	47
3.2.8 See also	47
3.2.9 References	47
3.2.10 External links	50
Raspberry Pi Foundation	50
3.3.1 Foundation	50
3.3.2 Raspberry Pi	51
3.3.3 References	52
3.3.4 External links	52
Investing 53
4.1 Angel investor	53
4.1.1 Etymology and origin	53
4.1.2 Source and extent of funding	53
4.1.3 Investment profile	54
4.1.4 Geographical differences	54
4.1.5 See also	54
4.1.6 References	55
Business case	55
4.2.1 Reasons for creating a business case	56
4.2.2 Development and approval process	56
4.2.3 Not Public sector projects	56
4.2.4 See also	57
4.2.5 Notes	57
4.2.6 References	57
Content of a business plan	57
4.3.1 Audience	57
4.3.2 Content	57
4.3.3 Presentation	58
4.3.4 Revising the business plan	58
4.3.5 Legal and liability issues	58
4.3.6 Open business plans	59
4.3.7 Uses	59
4.3.8 Not for profit businesses	59
4.3.9 Satires	59
4.3.10 See also	60
4.3.11 References	60
Business model	60
4.4.1 History	61
4.4.2 Theoretical and empirical insights to business models	61
4.4.3 Categorization of business models	61
4.4.4 Applications	62
4.4.5 Business model design	62
4.4.6 Definitions of business model design or development	63
4.4.7 Examples of business models	63
4.4.8 Business model frameworks	65
4.4.9 Related concepts	65
4.4.10 See also	66
4.4.11 References	66
4.4.12 Further reading	68
4.4.13 External links	68
Content of a business plan	68
4.5.1 Audience	68
4.5.2 Content	69
4.5.3 Presentation	69
4.5.4 Revising the business plan	70
4.5.5 Legal and liability issues	70
4.5.6 Open business plans	70
4.5.7 Uses	70
4.5.8 Not for profit businesses	71
4.5.9 Satires	71
4.5.10 See also	71
4.5.11 References	71
Venture capital	72
4.6.1 History	72
4.6.2 Funding	75
4.6.3 Firms and funds	76
4.6.4 Geographical differences	78
4.6.5 Confidential information	80
4.6.6 Governmental Regulations	80
4.6.7 In popular culture	80
4.6.8 See also	81
References	81
Venture capital financing	82
4.7.1 Overview	83
4.7.2 Venture capital financing process	83
4.7.3 At Last	86
4.7.4 See also	86
4.7.5 References	86
4.7.6 Further reading	86
Seed money	87
4.8.1 Usage	87
4.8.2 Types of early stage funding	87
4.8.3 Other sources of seed funding	87
4.8.4 Government funds	87
4.8.5 References	87
Rate of return	88
4.9.1 Calculation	88
4.9.2 Comparisons between various rates of return	89
4.9.3 Uses	91
4.9.4 Time value of money	92
4.9.5 Compounding or reinvesting	92
4.9.6 Returns when capital is at risk	92
4.9.7 See also	94
4.9.8 Notes	94
4.9.9 References	94
4.9.10 Further reading	95
4.9.11 External links	95
4.10 Initial public offering	95
4.10.1 History	95
4.10.2 Reasons for listing	95
4.10.3 Procedure	96
4.10.4 Largest IPOs (unadjusted)	99
4.10.5 Largest IPO markets	99
4.10.6 See also	99
4.10.7 References	99
4.10.8 Further reading	100
4.10.9 External links	101
4.11 Exit strategy	101
4.11.1 In warfare	101
4.11.2 In business	101
4.11.3 See also	102
4.11.4 References	102
4.11.5 External links	102
5 Incubators and Plans
Business incubator	103
5.1.1 The incubation process	103
5.1.2 Types	104
5.1.3 Goals and Sponsors	104
5.1.4 History	104
5.1.5 Incubator networks	105
5.1.6 See also	105
5.1.7 References	105
5.1.8 External links	105
Virtual business incubator	105
References	106
Strategic planning	106
5.3.1 Process	106
5.3.2 Tools and approaches	107
5.3.3 Strategic planning vs	financial planning	108
5.3.4 Criticism	108
5.3.5 See also	108
5.3.6 References	109
5.3.7 Strategic plan examples	109
5.3.8 Further reading	109
New business development	109
5.4.1 Technology	110
5.4.2 Business networks
5.4.3 References	111