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30 Jul

Collaboration: Evolution of emerging markets


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Collaboration: Evolution of emerging markets: Part 1 (2-week activity)In the late 1990’s, there was an explosion of technology start-up businesses centred on the onset of the Internet. Known as the ‘dotcom bubble’ of 1995–2001, it refers to the rapid growth of Internet businesses over a rather short period, before ultimately bursting, which resulted in many of these start-ups failing.Entrepreneurs thought that anything could be sold if it were online, regardless of their marketing (or lack thereof). Those that survived dropped considerably in their value. Nevertheless, the Internet has become a catalyst to many other technology start-ups. The entrepreneurs at the helm of these small businesses often seek to develop some new, innovative piece of technology (code, applications or hardware) with an exit strategy of acquisition by a larger corporation.The globalisation of business has enabled many of these entrepreneurs to seek these goals more effectively as well, allowing them more options when it comes to building teams and acquiring necessary development resources. However, as with the dotcom bubble, any entrepreneurial boom can be affected by associated markets. With the global nature of business within today’s emerging markets, entrepreneurs must be all the more vigilant to indigenous political, social, environmental and economic issues. With these considerations in mind, for this Collaboration select an emerging market not discussed in this week’s Learning Resources and analyse how changes in its market have impacted both entrepreneurial activities and start-ups over the last 10 years.To prepare for this Collaboration:Review your Learning Resources with a focus on the growth of globalised entrepreneurial activities in emerging markets.Select an emerging market of interest to you that is not covered in the Learning Resources.Research how that market has changed and evolved over the last 10 years.Reflect on how changes in your selected market have affected entrepreneurial activity and start-up businesses.Identify the market factors that have facilitated these changes.Identify the societal benefits and hindrances of entrepreneurial activity and start-up businesses within your selected market.To complete this Collaboration:By Saturday (Day 3)In an approximately 300-500 word response, address the following·         Briefly summarise your selected emerging market and explain the changes that market has undergone over the last 10 years.·         Analyse how your identified changes, and the market factors that facilitated these changes, have affected entrepreneurial activities and start-up businesses over the last 10 years.·         Based on your analysis, explain whether these changes have promoted or impeded start-up businesses within your selected market. Justify your reasoning.·         Evaluate the social value that entrepreneurial activities and start-up businesses bring to your selected emerging market. Justify your reasoning.·         Support your analyses and evaluations with specific examples of start-up businesses within your selected emerging market or comparable emerging markets.Post your initial response to the Collaboration Forum.By Wednesday (Day 7)Post 3-5 responses to your colleagues in which you:Support or refute their evaluation on the social value entrepreneurial activities and start-up businesses bring to their selected emerging market.Offer contributions based upon your prior experience.Extend the discussion into new but relevant areas.Model or promote critical reflection from what you have read.Ensure that you spread your collaboration posts across at least three separate days of each week. This will help maximise the value of your collaboration with colleagues and serve to meet the Learning Objectives for each activity.The Collaboration Activity 2-Week CycleFor the next 6 weeks, your Collaboration Activities will follow a 2-week cycle, throughout which you will interact with your peers on the Collaboration Forum to generate insights, hone your discussion and analysis skills and challenge your conclusions.At the beginning of every 2-week Collaboration, you have until Saturday (Day 3) to post an initial individual response of approximately 300-500 words to the Discussion prompt, as informed by the readings and your prior knowledge. Then, you will engage in a dialogue with your Discussion group to develop your thinking as best as possible until Wednesday (Day 7).You should use the Collaboration Forum in any way that enhances your learning: share analyses, external resources, personal experiences or notes on the module content. You are expected to organically interact with your Discussion group, and you will receive feedback on your interactions from your Instructor.The second part of the 2-week Collaboration will supply you with a new prompt to extend your collaboration discussion until Monday (Day 5). Then, you have until Wednesday (Day 7) to write and post your final individual summary reflecting on what you have learned. Your collaboration participation will be assessed and graded over the 2-week cycle.To access the Collaboration Forum, click on the “Week 1 Collaboration Forum” link.To submit your initial response to Turnitin, click on the “View/Complete” link for Week 02 Collaboration Initial Response — Turnitin.Suggested Answer

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