📘 Glossary – Unit 3: Project Idea Generation

In this animated clip art a stick figure reads a giant book.

This glossary contains key terms and concepts introduced in Unit 3: Project Idea Generation. It is designed to help you:

Understand essential vocabulary related to the process of creating and evaluating business ideas.
Reinforce your comprehension of methods like brainstorming, design thinking, and SCAMPER.
Clarify technical terms used in phases such as feasibility analysis, prototyping, and validation.
Prepare for quizzes, assignments, and real-world application of entrepreneurial tools.

📌 Tip: You can return to this glossary at any time during the course to review important terms and expand your entrepreneurial vocabulary.

Browse the glossary using this index

Special | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z | ALL

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B

A group or individual creativity technique used to generate a large number of ideas in a short period, suspending judgment.

A strategic tool used to visualize the essential components of a business, including value proposition, customer segments, and revenue streams.

C

Insights gathered from potential or existing users, used to improve or validate business ideas.

D

A human-centered innovation process consisting of five stages: Empathize, Define, Ideate, Prototype, and Test.

E

In design thinking, the phase of understanding users' feelings, thoughts, and challenges through observation and interaction.

F

An assessment to determine whether a proposed idea can be successfully implemented based on available resources, time, and market conditions.

I

The process of creating new and innovative ideas for potential business ventures. It is the first step in entrepreneurial project development.

The creative process of generating, developing, and communicating new ideas.

The process of developing new or significantly improved products, services, or processes that provide value to customers.

M

A visual tool that helps organize and connect ideas branching from a central concept. Useful in idea exploration and refinement.

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