Instructor Resource
Neck, Entrepreneurship: The Practice and Mindset, 1e
SAGE Publishing, 2017
Chapter Exercises and Projects
Chapter 2: Practicing Entrepreneurship
Chapter Learning Objectives:
2.2. Create a portfolio of five skills essential to building a mindset for the practice of
entrepreneurship.
2.4 Illustrate the key components of the practice of entrepreneurship.
2.5 Assess the role of deliberate practice in achieving mastery.
Proposed Activities
Activity One: Prediction versus creation approaches
(This is a team exercise; it can be used for online, face-to-face, or a blended format)
The two main perspectives on entrepreneurship are the predictive approach, the older
and more traditional view; and the creation approach, which has been developed
Divide the course into two teams—one that drafts all the benefits of tradition prediction
approaches and cons of creation approaches to entrepreneurship and one the one that
drafts all the benefits of creation prediction approaches and cons of prediction
approaches. What entrepreneurial approach is most appropriate for contemporary
business? What perspective is espoused by the authors of your text? How does that
compare to yours?
Learning Objectives:
1. Compare and contrast the prediction and creation approaches to
entrepreneurship.
Activity Two: Theory of Effectuation
(This can be done solo or as a team exercise; it can be used for online, face-to-face,
or a blended format)
In 1997, Dr. Sarasvathy conducted her seminal work on the theory of effectuation by
conducting as case study of US entrepreneurships. As part of her research she
conducted interviews with 30 entrepreneurs. If you were replicating her study now
Learning Objectives:
2.3 Distinguish between entrepreneurship as a method and the process of
entrepreneurship.
Activity 3: Developmental Evaluation
(This can be done solo or as a team exercise; it can be used for online, face-to-face,
or a blended format)
Creative approaches to entrepreneurship presume that you have to make constant
adaptations and that you cannot predict implementation from start to finish. This is
consistent with developmental evaluation. How might an entrepreneur use the
principles of developmental evaluation to help implement a business?
Instructor Resource
Neck, Entrepreneurship: The Practice and Mindset, 1e
SAGE Publishing, 2017
Learning Objectives:
2.2. Create a portfolio of five skills essential to building a mindset for the practice of
entrepreneurship.
2.4 Illustrate the key components of the practice of entrepreneurship.
Activity 4: Reflection
(This can be done solo; it can be used for online, face-to-face, or a blended format)
Discuss the role of reflection in the practice of entrepreneurship. Of the six types of
reflection what method(s) to do tend to employ? Submit an example of reflection in any
one of the methods. You may, for example, reflect on your experience in this course.
• narrative reflection,
• emotional reflection,
• perceptive reflection,
Learning Objectives:
2.3 Distinguish between entrepreneurship as a method and the process of
entrepreneurship.
2.5 Assess the role of deliberate practice in achieving mastery.
Activity 4: Deliberate Practice
(This can be done solo or as a team exercise; it can be used for online, face-to-face,
or a blended format)
Discuss the role of deliberate practice in entrepreneurship. Provide example of how you
already use deliberate practice. How might these skills help promote entrepreneurial
success?
Components of Deliberate Practice
• It requires high levels of focus, attention, and concentration.
• It strengthens performance by identifying weakness and improving on them.
• It must be consistent and be maintained for long periods of time.
• It involves setting goals beforehand.
• It involves self-observation and self-reflection after practice sessions are
completed.
Learning Objectives:
2.3 Distinguish between entrepreneurship as a method and the process of
entrepreneurship.
2.5 Assess the role of deliberate practice in achieving mastery.
