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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Business plan competitions are becoming more popular as a vehicle for enhancing entrepreneurship. A recent winner of the Rice University competition collected more than $400k in prize money.Â
A. Give an example of adverse selection, where the wrong ‘type’ of entrepreneur would accidentally be chosen.
B. How could judges screen applicants to avoid your answer to A?
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