1. Develop a simple innovative framework for a business concept of your choice u

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1. Develop a simple innovative framework for a business concept of your choice using the five key questions (what, when, where, who, how).
Next, predict whether or not this strategy will require an incremental change or radical change, and provide a substantive discussion on your selection of either incremental or radical change.
2. Describe three methods of building a formal network that would work well for your business idea, then discuss the benefits of each method.
Next, select one network strategy and why it is appropriate for your business idea
3. Discuss at least three fundamental drivers for establishing a new venture.
Then, share two common and available sources that provide ideas for these business opportunities.
Next, discuss any goals or motives that would drive you to become an entrepreneur. Be sure to support your response with insight and research.
4. Briefly describe the distinction between explicit knowledge and implicit (tacit) knowledge. Next, describe the knowledge network cycle that transforms individual knowledge into organizational knowledge. Be sure to identify any key transformations within your response.

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