By Thomas N. Duening, Robert A. Hisrich, Michael A. Lechter
Spotting the original wishes of the expertise startup, Duening makes a speciality of highbrow estate improvement, investment, and marketing/selling greater than different texts during this marketplace. vast use of expertise examples, case reviews, and assignments retains the ebook proper and motivating for engineering scholars. an entire supplementations package deal, together with teacher guide and lecture notes, makes it effortless to get the path up and operating.
* wealthy in case experiences, examples, and in-chapter components that concentrate on the demanding situations of launching and working a know-how venture;
* a better exam of highbrow estate improvement and administration than is usual in business-focused entrepreneurship texts;
* a better therapy of valuation, deal structuring, and fairness upkeep matters than is usual in business-focused entrepreneurship texts;
* wide dialogue of expertise administration and non-stop innovation as a aggressive advantage;
* addresses the difficulty of best, coping with, motivating, and compensating technical workers;
* spends extra time at the basics of promoting and promoting, as those are components of entrepreneurship frequently such a lot ignored via engineers and scientists;
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Extra info for Technology Entrepreneurship: Creating, Capturing, and Protecting Value
5 shows that consumer households supply economic resources to the resource markets. In return for money, people provide labor through work, invest in businesses (capital), and sell natural resources to businesses. The money received in payment for these economic resources is then used to purchase goods and services. Of course, businesses view money paid to suppliers of goods and services as an expense. 5. The flow of economic resources and products is shown by the inner loop. It flows counterclockwise, showing that economic resources move from consumers to businesses and then return to consumers as finished goods and services.
Micro and macro analysis of an economy are related, and both need to be used to better understand how a country functions economically. Three issues are key to understanding economics: (1) resources, (2) goods and services, and (3) allocation of both resources and products. 1 econoMIc resources A nation’s resources consist of four broad areas: natural, capital, labor, and knowledge. 1 Economic Resources 31 crude oil, natural gas, minerals, timber, and water. Natural resources must be processed to become a product or to be used to produce other goods or services.
2 The grameen Bank Project Creative sources of financing are beginning to appear in remote regions of the world. 1 It specializes in providing “micro-loans” to the poor people of the region to help them set up and operate their own small businesses. ” Today, the bank is over 90% owned by the people it serves. The bank’s founder, Dr. Muhammad Yunus, was awarded the Nobel Peace Prize in 2006 for his efforts in providing financing to the underserved masses of Central Asia. Creative material uses are occurring more frequently as companies strive to manage product life cycles in response to calls for sustainable economics.