Foundations of Entrepreneurship

Topic 1: Defining Entrepreneurship and its Evolution

Research Study Questions: The Importance of Entrepreneurship

1. Economic Growth and Job Creation

• Q1: How does entrepreneurship contribute to economic growth in emerging markets compared to developed economies?

• Q2: What is the relationship between the rate of new business formation and unemployment rates in a given region?

• Q3: How do small and medium-sized enterprises (SMEs) impact job creation in local communities?

• Q4: What role does government policy play in fostering entrepreneurship and its subsequent effects on economic growth?

• Q5: How can entrepreneurial initiatives within the nursing profession contribute to job creation and economic growth in local communities, and what specific examples demonstrate this impact? 

2. Innovation and Technological Advancement

• Q1: How do entrepreneurial ventures drive technological innovation in traditional industries?

• Q2: What factors influence the rate of innovation among startups compared to established firms?

• Q3: In what ways do entrepreneurial ecosystems facilitate the development and adoption of new technologies?

• Q4: How does the collaboration between startups and research institutions contribute to technological advancements?

• Q5: What are some of the most impactful technological advancements in nursing practice, and how have they transformed patient care and clinical workflows? 

3. Social Impact and Problem-Solving

• Q1: How do social enterprises differ from traditional businesses in their approach to solving societal issues?

• Q2: What metrics can be used to assess the social impact of entrepreneurial ventures?

• Q3: How do entrepreneurs identify and prioritize social problems within their communities?

• Q4: What role does entrepreneurship play in addressing global challenges such as poverty, health, and education?

• Q5: How can nurses leverage their expertise to address social determinants of health in their communities, and what strategies can they implement to promote health equity? 

4. Personal and Professional Development

• Q1: How does engaging in entrepreneurial activities contribute to personal growth and self-efficacy among individuals?

• Q2: What skills are most developed through entrepreneurship, and how do they translate to other professional contexts?

• Q3: How does entrepreneurship education influence students' career aspirations and professional development?

• Q4: How do mentorship and networking opportunities enhance entrepreneurs' personal and professional development?

• Q5: What strategies can nursing students adopt to enhance their personal and professional development throughout their education, and how can these strategies prepare them for future challenges in the nursing field? 

5. Community Development and Empowerment

• Q1: How does local entrepreneurship influence community engagement and participation in civic activities?

• Q2: What impact do community-based businesses have on local infrastructure and services?

• Q3: In what ways does entrepreneurship empower marginalized groups within a community?

• Q4: How can collaborative entrepreneurship initiatives strengthen community social ties and networks?

• Q5: In what ways can nursing students engage with their communities to promote health education and empowerment, and how can these efforts contribute to sustainable community development?