Animations 

Dave Jarman and Dr Lucy Hatt have made a series of seven animations to illustrate their candidate threshold concepts of entrepreneurial thinking. This animation explains the idea of a threshold concept and offers an introductory overview of the other seven animations in the playlist. We'd really like to hear your feedback. Please let us know if you are using these videos, how and why you are using them, and what the impact has been. These animations were produced by Vikas Kapil at https://www.docyoumentary.co.uk The EEUK project for which Dave and Lucy developed these threshold concepts can be accessed here: https://www.etctoolkit.org.uk/eerpf-p... www.lucyhatt.co.uk www.davejarman.co.uk

"Entrepreneurship is a Practice" is about understanding that anyone can use in any context to create new value. It is a way of doing things, a way of thinking and practicing or a way of seeing the world, that manifests as creation of value in response to opportunities and challenges.

"Your Context is Your Opportunity to Create Value" is about habitually and constantly creating and recognising opportunities within your own context to create value. It's about being habitually resourceful and making use of what you find to realise and exploit opportunities to create value.

"Value is Defined by Others" is about understanding that only other people can define the value of what you have created, and others demonstrate the value they place on what is being offered by being prepared to give something tangible or intangible in exchange for it (money, time, goodwill etc).

Iterative experimentation is a way of understanding the role of trial and error in establishing what provides value to the stakeholder. It's about never risk what you are not prepared to lose, so you are prepared to lose less but perhaps more often.

"Recognises their agency" is about recognising that you always have some agency to create value, or that it is at least beneficial to assume that you do and so take ownership of your actions.

"Taking Action" is about understanding that intention must be translated into action for value to be created. Intention PLUS will is all-important to create or exploit an opportunity for value.

"Knowledge is always partial and often ambiguous" is about accepting that you don't, and likely can't, have all the data you would like to make decisions and you are always working with an incomplete picture.