please check my work for this question i am unsure if i did it correctly. 2. Locate the chiral center in each structure below and identify as R or S: OH HO 41 OH 3. Provide the IUPAC name for each of the following compounds (include the stereochemistry Solution The second one is correct but the first one is wrong. The priority order is 1 -OH 2 -CH2OCOCH3 3 -CH2OH 4 -H so the rotation is anticlockwise(ACW) Hence it is also S type..

1. please explain the global entreprenurship revolution for a flatter world
Solution
Entrepreneurship Flattens the World reviews the recent global changes supporting
entrepreneurship.
1. Entrepreneurship Flattens the World.
2. Two Nobel Prizes Recognize Entrepreneurship.
3. A Macro Phenomenon
The impact of entrepreneurship as an emerging academic field is highly admired, respected,
and has been continually expanding worldwide.
5. Four Entrepreneurial Transformations That Are Changing the World.
(a) Creation and liberation of human energy through entrepreneurship is the single largest
transformational force.
(b) Entrepreneurship: Innovation + Entrepreneurship = Prosperity and Philanthropy.
.
(C) Job Creation
(D) New Venture Formation.
(E). American Dream: For the Young at Start!
Entrepreneurship is more appealing than ever to
•High school seniors
•Their parents
•47% of women and 38 % of men in a 2004 national sample by USA Today
•Laid-off corporate managers
.
(G) Innovation
•Small entrepreneurial firms (since WWII) are:
•Responsible for half of all innovation
•Credited with 95 percent of all radical innovation
•Led to the creation of major new inventions and technologies

2. (H) Venture and Growth Capital
•Classic venture capitalists:
• Work as coaches and partners with entrepreneurs and innovators
•At very early stages of development
•To shape and accelerate the development of the company
9. The Entrepreneurial Revolution: A Decade of Acceleration and Boom.
•Entrepreneurship courses are offered by colleges, universities, and community colleges now
days.
• American universities have invested over $1 billion in creating entrepreneurship in last 10
years. There are over 44 academic journals and over 200 entrepreneurship centers
10. Entrepreneurs: America’s Self-Made Millionaires.
• 3.1 million Individuals (those having a net worth of $1 million or more) accumulated their
wealth through hard work, self-discipline, planning, and frugality, two-thirds of are self-
employed.
•Most have accumulated their wealth in one generation and their businesses are basic low-tech
companies.
11. A New Era of Equity Creation.
•Value creations require a long-term perspective.
•U.S. private equity (PE) funds raised a total of $1.5 trillion through 1,674 funds from 2001 to
2010.
•Building an Entrepreneurial Society, where poorer get richer
•Equal opportunities (not equal incomes) are created
1. Entrepreneurship Flattens the World.In 2010 approx 2.1 billion Internet users where the
world whereas only 13 % were in the United States.Internet and Entrepreneurship continue to
flatten the world and are spawning fertile fields of opportunities.Many successful investments
were made by establishing relationship between U.S venture capital and operations in
china. Various similar patterns are now emerging in Southeast Asian nations and India.
2. Two Nobel Prizes Recognize Entrepreneurship.Nobel Prize Winner, Professor Phelps,
identified that “entrepreneurship is lucrative ( In 2006), and also focused on instituting a high
level of dynamism to fire the economy with new ideas of entrepreneurs and to serve the firms
with the Another Nobel Peace Prize winner, Muhammad Yunus, referred to bank loan of $90
which changed the life a villager in Bangladesh by pulling her out of poverty by starting a

3. business.
3. A Macro PhenomenonAdvances technology, manufacturing, and logistics have created
opportunities to firms to compete internationally and 80% of all small-to-medium-sized
enterprises are involved with international trade,World market is accessible to the most
resource-constrained and remote national and organizations. Convergence of technology is
bringing significant changed in traditional value chains.Business people, educators, and policy
makers around the globe are affected by America’s entrepreneurial
revolutions.Entrepreneurship: 40 Years as a Transformational Force.
The impact of entrepreneurship as an emerging academic field is highly admired,
respected, and has been continually expanding worldwide.
5. Four Entrepreneurial Transformations That Are Changing the World.Entrepreneurship is
the new management paradigm for thinking and reasoning.Entrepreneurship has spawned a new
education paradigm for learning and teaching.Entrepreneurship is becoming a dominant
management model for running nonprofit businesses and social ventures.Entrepreneurship is
transcending business schools.
The Energy Creation Effect“Energy creators and liberators” are driving the successful expansion
of entrepreneurship education and research.The field highly attracts entrepreneurial people.Their
bent brings a new mind-set to universities and schools.Entrepreneurship faculty thinks in terms
of opportunity constantly.Entrepreneurial people create powerful strategic alliances with others
– colleagues, alumni.They experience personal career and life transformations.
The Road AheadThe business plan competitions, starting new businesses, and having numerous
interactions with faculty, outside entrepreneurs, and other students puts them in collisions and
competition which enable them to see more clearly what is possible – and to have the courage
to try.Ways of thinking and reasoning, skills, concepts, and principles that when translated into
strategies, tactics, and practices improves the chances for business success.The Genie is out of
the Bottle
(a) Creation and liberation of human energy through entrepreneurship is the single largest
transformational force.
(b) Entrepreneurship: Innovation + Entrepreneurship = Prosperity and
Philanthropy.Entrepreneurship is an important political phenomenon.The linkage between
entrepreneurship and public policy is increasingly important Entrepreneurship is becoming a
central, nonpartisan cornerstone in America’s political debates.
.
(C) Job CreationLandmark Research findings by David Birch of MITNew firms created 81.5

4. percent of the net new jobs from 1969 to 1976.According to the U.S. Small Business
Administration’s Office of Advocacy, in 2004 small firm with fewer than 500 employees
represented 99.9 percent of the 26.8 million businesses in the United States.
(D) New Venture Formation.Creates economic and social mobilityIs opportunity-centered and
rewards talent and performanceEntrepreneurship is not about religion, gender, skin color, social
class, or national originWomen and a number of ethnic and racial groups are excelling at
entrepreneurship
(E). American Dream: For the Young at Start!
Entrepreneurship is more appealing than ever to
•High school seniors
•Their parents
•47% of women and 38 % of men in a 2004 national sample by USA Today
•Laid-off corporate managers
.
(G) Innovation
•Small entrepreneurial firms (since WWII) are:
•Responsible for half of all innovation
•Credited with 95 percent of all radical innovation
•Led to the creation of major new inventions and technologies
(H) Venture and Growth Capital
•Classic venture capitalists:
• Work as coaches and partners with entrepreneurs and innovators
•At very early stages of development
•To shape and accelerate the development of the company
9. The Entrepreneurial Revolution: A Decade of Acceleration and Boom.
•Entrepreneurship courses are offered by colleges, universities, and community colleges now
days.
• American universities have invested over $1 billion in creating entrepreneurship in last 10
years. There are over 44 academic journals and over 200 entrepreneurship centers
10. Entrepreneurs: America’s Self-Made Millionaires.
• 3.1 million Individuals (those having a net worth of $1 million or more) accumulated their
wealth through hard work, self-discipline, planning, and frugality, two-thirds of are self-
employed.
•Most have accumulated their wealth in one generation and their businesses are basic low-tech
companies.

5. 11. A New Era of Equity Creation.
•Value creations require a long-term perspective.
•U.S. private equity (PE) funds raised a total of $1.5 trillion through 1,674 funds from 2001 to
2010.
•Building an Entrepreneurial Society, where poorer get richer
•Equal opportunities (not equal incomes) are created