2. About GET
2.1 The Origin or GET
Global Entrepreneurship Training program was commissioned in 2008 as an interdisciplinary education program at HGU. As a demonstration of newly created curriculum, GET was held I Korea with 28 students from 22 countries. This was the genesis of the GET program. With enormous success and continuation of a support from ministry of education of Korean government, existing GET program was instituted. Current GET session is the 15th of full GET program and the 20th session including special sessions held since the inception of the program in 2008. In the meantime, over 2,500 students graduated. Today, over six countries in three different continents established their GET curriculum and the regional center for GET
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George Kim
Entrepreneurship Mindset
Entrepreneurship mindset is not a knowledge that can be acquired, but a proclivity that can only be pertained through accumulated experience. It is an indispensable constituent in the practice of business as well. This is the mindset of creating something from nothing and looking at the world not the way it is, but the way it should be. Moreover, it is the catalyst for economic development of a country and an engine that sustains the present state of developed countries.
The lecture seeks to expand the scope of entrepreneurship by giving both narrow and broad definitions of the paradigm, and further highlighting its importance in procuring development of a country. Through this lecture participants learn of real life instances of innovative entrepreneurs and their spirit.
Impact of Entrepreneurship and Creative Innovation
The lecture expands upon the impact of Entrepreneurship in terms of creative innovation in its major themes;
First, the positive externalities the development of technology capable of yielding
Second, past cases of series of follow up innovations triggered by technological development, along with such instances applicable to developing
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The lecture explores different forms of legal entities in the practice of business, such as sole proprietorships, partnerships and corporations, as well as their comparative advantages and disadvantages. The legal system also enforces private agreements (contracts), which make business more efficient and predictable. This class also covers the formation, performance and enforcement of the contracts.
Business Ethics
Although probity of a business is rarely ostensible in its financial statement, integrity is one of the biggest assets of a business in pertaining a good reputation. Such probity of a firm is highly correlated with the integrity of the entrepreneurs. On this line of thought, lecturer highlights the crucial nature of business ethics and depicts their application through a series of exercises dealing with common dilemmas that entrepreneurs face, including bribery, collusion and malpractice on consumers.
Intellectual Property
One hundred years ago, the value of most businesses was much concentrated in physical assets. Yet, today, intangible intellectual property such as trademarks, patents and copyrights often worth just as much, if not more, the business’s tangible assets. This class provides an overview of the basic types of intellectual property and explains how to obtain and protect intellectual property
Business ethics is one of the most important aspects of business. It consists of the moral/underlying principles of conduct that must be practice...
Intellectual property is an incredibly complicated facet of the law. In the United States, we have many laws in place to control and limit profiting from others intellectual property. The issue is not only profiting from others intellectual property, but not purchasing the property from the originator as well. We will discuss why it is important to protect this property as well as why it is tremendously difficult to regulate all these safe guards. “Intellectual Property has the shelf life of a banana.” Bill Gates
Intellectual property abounds in our society, it is the direct result of the expression of an idea or other intangible material (Zuber, 2014). Our laws provide rights which are specific to the owner of the intellectual property. Furthermore, intellectual property is protected by laws just like tangible property is protected (Lau & Johnson, 2014). The most widely known forms of intellectual property rights include: trade secrets for confidential information, patents for a process/invention, copyrights for creative items and trademarks for brands (Lau & Johnson, 2014). While these rights may appear very defined, there are times when questions
Business ethics is a diverse field that cannot be defined with a single definition. This area addresses numerous issues, problems, and dilemmas within the management of businesses. Does this through numerous perspectives and methods. Of course, in order to present the complexities of business ethics, we must explore the types of issues that business professionals are continuously confronted with. To understand one must
Ethical issues in business arise because of conflicts between an individuals personal moral philosophies and values and values or attitudes of organization in which a person works and a society in which one lives. Ethical issues can be identified in terms of the major participants and functions of business. Ethical issues related to ownership include conflicts between manager’s duties to the owners and their own interests, also separation of ownership and control of business. Financial issue includes, for example, the accuracy of reported financial documents. Ethical issues can acquire between manages and employees, then employees are asked to carry out assignments they consider unethical. Consumers and marketing issues are related to providing safe desired products for a fear price and not harming people and an environment. Accountants also face ethical dilemma, they have to deal with competition advertising commission. All of this places the accounting profession in situation of ethical risk.
Intellectual property protection has become increasingly popular in the last century. Many factors have probed interest in this area of the law. A few of those factors include musicians seeking protection of their musical talents through use of copyrights, companies seek to protect inventions of advanced production capabilities, companies create trademarks that differentiate their unique goods from competitors, and companies like Coca-Cola protect their undisclosed ingredients for their products through use of trade secrets. These examples are to gain an understanding of how and why intellectual property rights help companies seek advantages in the marketplace. Furthermore, as the world shrinks because of advancements in transportation and computer technology, intellectual property rights become a large part of entrepreneurship and product development. This paper will discuss the interesting and challenging topic of intellectual property protection. The four basic types of intellectual property include copyrights, patents, trademarks and trade secrets; we will discuss the intellectual properties in the order in which they are listed.
Economic activity always has an ethical aspect. No matter what type of business is taking place there is always an aspect of ethics. A business transaction occurs when people exchange a product or service for money. If the exchange is fair then both parties benefit and therefore both parties’ interests are served. Therefore this interaction between parti...
There has been a large amount of attention paid to the subject of entrepreneurship in the last few years; mainly because most people have chosen to go from working for somebody else, to be their own bosses and work for their dreams. Nevertheless, many still wonder what is entrepreneurship and what is that sets entrepreneurs apart from other regular business owners. At first, it seems both concepts do not differ much from each other since they both start up and run businesses and assume risks to pursue opportunities; however, there are certain traits that difference them.
In the business world there are many fundamental aspects and situations that can lead to several issues. In order to find an optimal and professional solution, business decision makers need to apply moral and ethical standards. And it is at that moment in which business ethics perform its role. Business ethics, which is in charge of examine how companies and individuals should act in business situations, is very essential in order to reach a common agreement and to work within the laws of business and solve an arisen dilemma. Working of the hand of ethical business companies, employees, investors, directors, and even individual officers can be beneficiated and obtain most favorable outcomes.
"Entrepreneurship is the ability to create and build something from practically nothing" (Timmons 1). Entrepreneurs should be admired more than anything for
An entrepreneur is a person who sets up a business or businesses, taking on financial risks in hopes of making a profit. Prior to presenting our entrepreneurship promotion project, many of our students had a limited, if any idea, of what an entrepreneur is. The purpose of our entrepreneurship promotion project was to educate our fellow classmates on the roles of an entrepreneur and what it takes to become one. Entrepreneurs have to work through extreme measures in order to gain success aside from the fact they shall not dwell on failure and stay motivated to achieve their set goals. This project provided the possibility for our students to meet face to face with real entrepreneurs and discuss the challenges they are faced with choosing to be
Nowadays, entrepreneurship becomes most popular career, where our government encourages our graduated student to involve in business so that unemployment will not happen in our country. Policymakers, academics, and researcher agree that entrepreneurship is a vital route to economic advancement for both developed and developing economics (Zelealem et al., 2004). Entrepreneurship has many types for example small business and others. Today small business, particularly the new ones, is the main vehicle for entrepreneurship, contributing not just to employment, social and political stability, but also to innovation and competitive power (Thurik & Wennekers, 2004).
Entrepreneurship is an important aspect of social, economic and community life. It can be viewed as a critical factor to economic growth as well as a way of addressing unemployment (Nolan, 2003).Entrepreneurs are people who are persistently focused on identifying opportunities, they seek to create something worthwhile while taking into account foreseeable risk and rewards associated with the efforts (Nolan, 2003). Furthermore, entrepreneurs are frequently understood to be individuals who discover market needs and establish new business to meet those identified opportunities. The following assignment will firstly discuss the types of entrepreneurship, secondly it will discuss the reasons people become entrepreneurs, and thirdly it will discuss the importance of entrepreneurship.
This paper examines the myths associated with what it takes to be an entrepreneur, the profiles and the common characteristics among these successful entrepreneurs.
Creativity is a key part in the entrepreneurial process. It is the ability to invent something new or change something (Webster, 1976). According to (Cromie, 2000), Creative people show some particular characteristics. They find problems very interesting and are not afraid of obstacles; rather, they try to find out the solution of those problems.