Entrepreneurship represents an important career option, it offers opportunities to enjoy independence, develop multiple skills, reap financial benefits, and contribute to economic development. Universities across the globe for their part, have significantly expanded their curricular and co-curricular offerings in entrepreneurship yet, the number of university graduates starting ventures has not demonstrated commensurate growth especially in our part of the world.
Ghana’s business environment is a dynamic one. Ghana, like many African countries, has many entrepreneurial support programmes and initiatives. The Government of Ghana, along with private sector organizations, has launched numerous initiatives to promote self-employment, especially targeting the younger population. However, a study by Koltai & Company on the ecosystem for entrepreneurship in Ghana highlights that despite numerous government and private-led initiatives, the system to support starting entrepreneurs remains weak, with the lack of effective capacity building services for entrepreneurs identified as a huge limitation. Although interest in technology entrepreneurship has surged in the country (in part as a result of the rapid dissemination of mobile technologies), entrepreneurs, innovation hubs, and investors alike agree that creating sustainable technology businesses has continued to be extremely difficult.
Entrepreneurs in the tech space in Ghana report that their greatest needs are;
a) start-up capital
b) opportunities to network with ecosystem players.
Entrepreneurship in technology heavily depends on science innovations, with good technological skills and knowledge base. Training in technology entrepreneurship is crucial. There is rapid change in technology, and this put more pressure on technology entrepreners to stay competitive.
Many also do not understand the technology ecosystem or the market demand, which in some cases requires business training. University training programs are often insufficient and, since mobile application development is different than other forms for technology development, many app-developers require technical training as well, because it is hard to get good developers on board of a promising start-up.
Now the question is;
i. Critically analyse the ways high-tech start-ups can benefit from open innovation partnerships with established companies in the “tech space”.
Answers
Answer:
B. Short answer type questions:
1. Explain the process of Cell Selection.
Ans: Cell selection is a fundamental excel skill. We can select a single cell , a block of cells, a horizontal row or vertical column or several rows or columns at the same time.
2. What are the three categories of data one can put into a worksheet?
Ans: The three categories of data that we can put into a worksheet are –text, number and formulas.
3. How does a formula work in Excel worksheet?
Ans: A formula returns a value in a cell based on numbers arithmetic operators such as plus or multiply and a cell references we supply it with.
C. Long answer type questions:
1. How can you multiply values of two cells? Give example.
Ans: To multiply values of two cells we can type an = sign into the cell followed by the address of the two reference cells separated by the multiplication operator(*).
For example type 15 in cell A1 and 20 in cell B1. And in cell C1 type = A1 * B1 and press enter key we will find the result in C1 as 300.
2. Write a note on ‘Entering Numbers’ in Excel worksheet.
Ans : Entering Numbers in excel include integer(Whole Number), decimal number (Such as 2.36), monetary amounts, percentages, dates and time. Excel applies various rules to detect whether a string of characters typed into a cell constitute a numerical value. If recognizes the typed in expression as a numerical value, it will align and it ranged to the right in the cell.
Explanation:
Why