WorldWideScience

Sample records for venture business development

  1. Decision making for business model development : A process study of effectuation and causation in new technology-based ventures

    NARCIS (Netherlands)

    Reymen, Isabelle; Berends, Hans; Oudehand, Rob; Stultiëns, Rutger

    2017-01-01

    This study investigates the decision-making logics used by new ventures to develop their business models. In particular, they focussed on the logics of effectuation and causation and how their dynamics shape the development of business models over time. They found that the effectual decision-making

  2. Investment Timing for New Business Ventures

    OpenAIRE

    George W. Blazenko; Andrey D. Pavlov

    2010-01-01

    A key requirement for the start of many entrepreneurial businesses is private equity or venture capital financing. In the traditional approach to entrepreneurial investment analysis, an entrepreneur starts a new venture and a venture capitalist finances the new venture when business return exceeds the financial opportunity cost for comparable risk the cost of capital for the new venture. The real options literature recommends that entrepreneurs delay business start due to investment irreversi...

  3. Study on promotion of venture business

    International Nuclear Information System (INIS)

    Kim, Hwa Sup; Song, Ki Dong; Chung, Whan Sam; Pae, Jang In; Choi, Young Duck; Rhee, Yong Duck; Kim, Seung Sim; Jeon, Hyoung Won

    2002-10-01

    This study reviewed the concepts of venture business and surveyed venture business support system nationwide. The venture business support system is summarized in depth to help the pre-entrepreneurs under establishing venture business. This study also reviewed the technology management system of KAERI and surveyed its historical accomplishment of technology transfer. Then, this study suggested its future direction by surveying the system of advanced countries and also suggested the measures to meet the future direction. The main finding of this study is that the direct investment to venture business by KAERI could greatly contribute to promoting venture business. Therefore, the government and KAERI should make efforts to change the technology management system toward the direct investment. Finally, this study concluded by offering policy suggestions to the government on improvement of technology management system

  4. Foundation-industry relationships--a new business model joint-venture philanthropy in therapy development.

    Science.gov (United States)

    Bartek, Ronald J

    2014-01-01

    The business model for medical therapy development has changed drastically. Large companies that once conducted their own Research and Development (R&D) and funded all the preclinical studies, all phases of clinical development and marketing of the products are increasingly turning to others for more and more of the earlier work in hopes of being able to in-license a de-risked program well downstream, take it through the final phases of clinical development and into the marketplace. This new paradigm has required patient-advocacy foundations, especially in the rare-disease space, to become far more effective in building relationships with all the players along the therapy-development pathway -- academic scientists, government agencies, other foundations with overlapping interests, biotechs, small biopharmaceutical entities and even the larger industry companies. From the perspective of the patient-advocacy community, these increasingly essential public-private partnerships have taken on the nature of what could be called joint-venture philanthropy and involve a broad spectrum of collaborations and financial relationships between foundations and industry partners that are not without concerns about potential conflicts of interest.

  5. Academic entrepreneurship in support of business ventures

    Directory of Open Access Journals (Sweden)

    Maciej Rogalski

    2009-12-01

    Full Text Available nnovative enterprises based on scientific research conducted by academic centres are beginning to play an increasingly important role in modern economy. Opening to business ventures as well as building up abilities to release entrepreneurial potential among research workers, students and candidates for doctoral degree, constitute an attractive way for the growth of higher education institutions in many regions and countries. The aim of the article is to point out the significance, peculiarity and conditioning of the academic entrepreneurship development in Poland.

  6. Business Plans in New Ventures : An Institutional Perspective

    OpenAIRE

    Karlsson, Tomas

    2005-01-01

    This thesis is about business plans in new ventures. It takes an institutional perspective with a particular focus on how external actors influence ventures through norms, regulations and way of thinking. Through an intensive study of six new ventures at a business incubator, and a structured, computer-aided analysis, this study probes the following questions: How are new ventures influenced to write business plans, and what sources influence them? What strategies do new ventures use to deal ...

  7. Managing Corporate Venturing: Multi-level Studies on Project Autonomy, Integration, Knowledge Relatedness, and Phases in the New Business Development Process

    NARCIS (Netherlands)

    J.H. Burgers (Henri)

    2008-01-01

    textabstractDeveloping new businesses is a critical factor for strategically renewing firms in today’s dynamic environments. Although autonomy has frequently been addressed as a major factor in successfully managing corporate ventures, several critical contingencies remain unexplored. The results of

  8. Considerations when analyzing investment in space transportation business ventures

    Science.gov (United States)

    S. Greenberg, Joel

    2000-07-01

    Private sector investment in space transportation, as in most business situations, requires the development of realistic and believable business plans that demonstrate that if an investment is made that there is a reasonable chance that the indicated financial performance will attract the necessary financing. The business plan must also indicate the assumptions upon which the plan rests, and as has become almost second nature to the space transportation industry, the necessary role of the government in risk reduction and/or capital formation [i.e., government actions that are necessary to make the business venture financially attractive]. This paper discusses and describes several factors that must be considered, by both government and industry, when developing a business plan for obtaining financing for space transportation business ventures.

  9. FY 2000 report of survey by NEDO in Sydney on the Venture capitals and businesses in Australia; 2000 nendo Goshu no venture capital to venture business chosa hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The venture capitals and businesses in Australia are surveyed and reported. Venture Capital Guide (2000), annually issued by Polliticon Publications, estimates a total of 120 venture businesses raise a total funds B$7.393 from the domestic sources, of which B$3.546 is invested on 1113 enterprises as of the end of December, 2000. Of the enterprises on which the funds are invested, 766 are currently of portfolio enterprises and 347 have completely disposed them. The Government of Australia has introduced several venture capital supporting schemes, including PDF (Pooled Development Funds) to supply equity capitals to small- to medium-sized enterprises over extended periods, IIF (Innovation Investment Funds) to encourage early-stage investments on innovative small- to medium-sized enterprises, R and D Start to provide increased funds for small- to medium-sized enterprises now considering production on a commercial basis, COMET (Commercialising Emerging Technologies) and BITS (Building on Information Technology Strengths). (NEDO)

  10. The Entrepreneur's Mode of Entry: Business Takeover or New Venture Start?

    OpenAIRE

    Simon C. Parker; C. Mirjam van Praag

    2006-01-01

    We analyse the decision to become an entrepreneur by either taking over an established business or starting a new venture from scratch. A model is developed which predicts how several individual- and firm-specific characteristics influence entrepreneurs' entry mode. The new venture creation mode is associated with higher levels of schooling and wealth, whereas managerial experience, new venture start-up capital requirements and risk promote the takeover mode. Entrepreneurs whose parents run a...

  11. Practicing Business Model Management in New Ventures

    Directory of Open Access Journals (Sweden)

    Malin Malmström

    2017-01-01

    Full Text Available Purpose: The purpose of this paper is to enhance the knowledge of business modeling in the early phases by exploring its core components and the management of those components. This will be achieved by answering the following exploratory questions: What aspects of business model components do entrepreneurs process in the early stages? How do entrepreneurs process those aspects? Design/Methodology/Approach: In this qualitative study, data was collected during semi-structured inter- views with six entrepreneurs. Findings: The findings support the argument that when studying the early stages of business model manage- ment, to gain a richer understanding of the entrepreneurial process, acknowledging the resource activities is important. Our findings highlight that cash and competence appear to be essential focus in managing busi- ness model components in early stage. We also found that entrepreneurs may create resource slack that al- lows businesses to carve out a competitive position in the marketplace by focusing on business model design and management. Originality/Value: Although business model research is developing rapidly, one prominent gap in the field is how entrepreneurs manage their business models in the early start-up stages. In particular, there is a lack of knowledge about what entrepreneurs focus on in their business model management in early start-up stages and how they manage these aspects, an area to which this research contributes.

  12. Financing Small Businesses: From Venture Capital to Crowdfunding

    Directory of Open Access Journals (Sweden)

    Herciu Mihaela

    2017-08-01

    Full Text Available Startups and small businesses are facing many challenges in terms of financing their activities. These types of companies do not have the possibility to access capital market or to make IPO or to borrow money from banks like big, mature or well-known companies (who were at their beginnings startups or small businesses. They have to find different sources for financing their ideas/products/services that are in many cases very risky, hazardous or to ambitious. But, fortunately, the financing alternative for these companies have evolved during the last post crisis years. They have possibility to find some investors that are willing to invest in a non-name company by accessing crowdfunding platforms, impress angel investors, or attracting venture capital. All that in order to develop their business and to become a unicorn or to have a great exit.

  13. The value captor's process: getting the most out of your new business ventures.

    Science.gov (United States)

    McGrath, Rita Gunther; Keil, Thomas

    2007-05-01

    The high failure rate among new business ventures is usually chalked up to the fundamental uncertainty of the process. In actuality, say McGrath and Keil, flawed ways of assessing and managing ventures may account for the disappointing amount of value they generate. Instead of taking the go/no-go approach, whereby a project either advances toward launch or is killed, decision makers should consider a range of alternatives: recycling the venture by aiming it at a new target market; spinning it off to other owners or a joint venture; spinning it in to an established business unit; or salvaging useful elements such as technologies, capabilities, knowledge, and patents. Firms that excel in value extraction--the "value captors" whose practices and mind-set this article explores--have created formal processes to systematically mine successes, failures, and everything in between. They know that a venture should be treated like a scientific experiment, in which learning plays a critical role. They are ready to seize new opportunities if a venture falters on its original course. They foster networks to promote cooperation and collaboration between established business leaders and venture teams and involve people from throughout the company in the venture review process. They don't allow financial criteria to dominate the reviews, and they recognize that the best people to launch a business may not be the ones who developed the idea. If your innovation pipeline is dry, your promising projects are being strangled for lack of a speedy payback, or someone else has made a fabulous business out of a slightly altered idea that you abandoned, consider the value captor's path.

  14. THE EFFECT OF REVENUE AND MARKET SEGMENTATION LEVEL TOWARDS VENTURE CAPITAL INVESTMENT IN MOBILE APPLICATION BUSINESS

    Directory of Open Access Journals (Sweden)

    Dennis Adrian

    2014-05-01

    Full Text Available The development of mobile applications has mushroomed in local and foreign industries. This provides a tremendous opportunity for developers. For technopreneur developer, the capital to run the business is one of the biggest problems despite the fact that they may have great competence in the field. The fact that the business has big potential market in Indonesia has invited investors from local and overseas to invest as venture capital. However, due to the lack of knowledge on building collaboration with the investors and on understanding the market and investor needs in a long term, the developer finds difficulties to grow its business and to compete with bigger competitors. The research intends to seek the influence in selecting the level of revenue and market segmentation to support the investment decisions in the business of mobile applications, so that the mobile application developer is able to monetize their business to attract investors to invest in the venture capital.

  15. Socio-Cognitive Perspectives in Business Venturing

    DEFF Research Database (Denmark)

    Zunino, Diego

    of entrepreneurial activity. The key insight is that, among other institutional factors, the perception of entrepreneurial activity positively moderates the role of innate predisposition to entrepreneurship. The second essay looks at the problem of resource acquisition when entrepreneurs have experienced business...... is that perception of familiarity and creativity of category labels has an influence on their adoption to represent the technology product category. More precisely, I find that for both familiarity and creativity, there is an inverted U-shaped relationship associated to category labels’ adoption. Through diverse...... theories and methodologies, the dissertation provides empirical support to the role perceptions play during the entrepreneurship process, and suggests rhetorical strategies entrepreneurs can exploit to gather resources and achieve competitive advantage....

  16. Building new businesses through corporate venturing at the danish NKT group

    DEFF Research Database (Denmark)

    Skat-Rørdam, Peter

    2005-01-01

    An in depth case study of how the danish NKT group used corporate venturing over a 25 year period to build new businesses. The study provides insights on purposes, drivers and results of corporate venturing and examines factors contributing to venture success and failure.......An in depth case study of how the danish NKT group used corporate venturing over a 25 year period to build new businesses. The study provides insights on purposes, drivers and results of corporate venturing and examines factors contributing to venture success and failure....

  17. Evaluation of spacecraft technology programs (effects on communication satellite business ventures), volume 1

    Science.gov (United States)

    Greenburg, J. S.; Gaelick, C.; Kaplan, M.; Fishman, J.; Hopkins, C.

    1985-01-01

    Commercial organizations as well as government agencies invest in spacecraft (S/C) technology programs that are aimed at increasing the performance of communications satellites. The value of these programs must be measured in terms of their impacts on the financial performane of the business ventures that may ultimately utilize the communications satellites. An economic evaluation and planning capability was developed and used to assess the impact of NASA on-orbit propulsion and space power programs on typical fixed satellite service (FSS) and direct broadcast service (DBS) communications satellite business ventures. Typical FSS and DBS spin and three-axis stabilized spacecraft were configured in the absence of NASA technology programs. These spacecraft were reconfigured taking into account the anticipated results of NASA specified on-orbit propulsion and space power programs. In general, the NASA technology programs resulted in spacecraft with increased capability. The developed methodology for assessing the value of spacecraft technology programs in terms of their impact on the financial performance of communication satellite business ventures is described. Results of the assessment of NASA specified on-orbit propulsion and space power technology programs are presented for typical FSS and DBS business ventures.

  18. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of sodium hypochlorite activating system; 1999 nendo venture kigyo shiengata chiiki consortium kenkyu kaihatsu seika hokokusho. Jiaensosan natrium kasseika sochi no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The aim is to develop and widely diffuse a cleaning, sterilizing, and disinfecting system (chemicals and device) which is nearer to the best. A safety-conscious diluting/mixing technology was developed by which acid and sodium hypochlorite were mixed without generating any noxious gas. Using this technology, a mixing tube was developed, capable of homogeneously diluting chemicals in raw water and mixing them homogeneously. How the dilution and mixing occurred in the mixing tube was measured by an electric conductivity meter for evaluation, data on the state of diluting of the solution were plotted in a graphic chart for study, a comprehensive deliberation was made of performance, cost, etc., and then a device was experimentally constructed. A concentration level detecting sensor section and a metering pump were developed. The pH adjustment and disinfecting effect were assessed using various acids, and then it was found that the acetic acid was the most suitable in view of safeness, disinfecting effect, stability, and ease of adjustment. Based on the result of a comprehensive technical survey, a system was designed suitable for artificial dialysis, food processing, and cleaning and disinfecting of endoscopes. A prototype was built, and the development effort progressed to reach a level where a prototype was built and subjected to a field test. (NEDO)

  19. Venture business and control of ь organizations under globalization

    OpenAIRE

    Ostap Boiko; Olga Pogaidak; Petro Khariv

    2015-01-01

    The activity of venture companies and peculiarities of each management stage of venture financing which in modern terms is quite risky has been described in the article. The state of venture entrepreneurship in the world and in Ukraine has been analyzed, the main problems faced by domestic venture enterprises have been outlined and ways of their solution have been determined. The method of forming the system for the venture controlling at industrial...

  20. Do business angels alter the risk-return equation in early stage investments? Business angels as seen by venture capitalists in the German speaking countries

    OpenAIRE

    Heukamp, Franz; Liechtenstein, Heinrich; Wakeling, Nick

    2006-01-01

    Venture capitalists in German-speaking countries do not value the contribution of business angels in co-invested deals. Business angels do not reduce the risk perceived by venture capitalists in early-stage deals, even if the business angels have what venture capitalists regard as an ideal profile. Venture capitalists also refute that deals with business angels typically generate higher internal rates of return than deals without business angels.

  1. A business man views commercial ventures in space.

    Science.gov (United States)

    Scarff, D. D.; Bloom, H. L.

    1973-01-01

    Paper reviews technical, resource planning and marketing steps an industrial organization must perform in arriving at a decision to undertake space development and production of commercial products or services for Users on the ground. Technical elements are supported by particular examples. Analysis of required resources emphasizes facility and financial inter-relationships between commercial organizations and NASA. Marketing planning covers elements of profitability. Paper addresses questions related to protection of corporate stockholders and public interest, investment decision timing, budget variations. Paper concludes with observations on timeliness of planning shuttle-based commercial ventures and on key industry/NASA problems and decisions.

  2. Technology programs and related policies - Impacts on communications satellite business ventures

    Science.gov (United States)

    Greenberg, J. S.

    1985-01-01

    The DOMSAT II stochastic communication satellite business venture financial planning simulation model is described. The specification of business scenarios and the results of several analyses are presented. In particular, the impacts of NASA on-orbit propulsion and power technology programs are described. The effects of insurance rates and self-insurance and of the use of the Space Shuttle and Ariane transportation systems on a typical fixed satellite service business venture are discussed.

  3. The entrepreneur's mode of entry: business takeover or new venture start?

    NARCIS (Netherlands)

    Parker, S.C.; van Praag, M.

    2012-01-01

    We extend the well-known occupational choice model of entrepreneurship by analyzing the mode of entry. Individuals can become entrepreneurs by taking over established businesses or starting up new ventures from scratch. We argue that the new venture creation mode is associated with higher levels of

  4. The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

    OpenAIRE

    Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

    2015-01-01

    In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical changes in food consumption habits with high risk of low consumer acceptance. Four European entrepreneurs joined forces in a new venture operating in this sector, trying to make it a successful busine...

  5. Factors affecting members' evaluation of agri-business ventures' effectiveness.

    Science.gov (United States)

    Hashemi, Seyyed Mahmoud; Hedjazi, Yousef

    2011-02-01

    This paper presents work to identify factors affecting effectiveness of agri-business ventures (A-BVs) on the side of providers as perceived by their members. A survey was conducted among 95 members of A-BVs in Zanjan province, Iran. To collect data, a questionnaire was designed. Two distinct groups of A-BVs with low (group 1) and high (group 2) perceived (evaluated) levels of effectiveness were revealed. The study showed that there were significant differences between the two groups on important characteristics of A-BVs and their members. The study also found that there were statistically significant relationships between A-BVs' governance structure and capacity, management and organization characteristics and the perceived effectiveness, whereas there were no statistically significant relationships between A-BVs' advisory methods characteristic applied by members and the perceived effectiveness. Logistic regression results also showed that level of application of rules encouraging members' active participation in important decision makings, clear terms of reference to guide contracting procedures, roles, and responsibilities of parties involved, type of people served and geographical area of program coverage, and members' ability to use Information and Communication Technologies (ICTs) were predictors of the perceived (evaluated) effectiveness of A-BVs. The study showed that evaluation of members of effectiveness of A-BVs would not be the same. It is suggested that Iranian public agricultural extension organization, as responsible organization for monitoring and evaluating services conducted by A-BVs, considered these differences between members with different levels of some important variables. 2010 Elsevier Ltd. All rights reserved.

  6. Joint ventures: to pursue or not to pursue?

    Science.gov (United States)

    Blaszyk, Michael D; Hill-Mischel, Jody

    2007-11-01

    Hospitals should carefully select joint venture partners. The joint venture evaluation process should involve a high-level screen of strategic opportunities. Hospitals should develop a full business plan for the joint venture.

  7. The Perfect Storm of Business Venturing? The Case of Entomology-Based Venture Creation

    NARCIS (Netherlands)

    Pascucci, S.; Dentoni, D.; Mitsopoulos, D.

    2015-01-01

    In this paper we discuss how cooperation and trust among entrepreneurs can be challenged when they are dealing with venture creation in the context of radical innovation. Entomology-based foods are considered as one of the most promising innovation in the food sector. However they impose radical

  8. Business Models and Producer-Owned Ventures: Choices, Challenges, and Changes

    OpenAIRE

    Kenkel, Philip L.; Park, John L.

    2007-01-01

    Producer-owned business models are rapidly evolving. Producer-owned, value-added ventures face a number of organizational challenges, including capital acquisition, security exchange registration, antitrust exemption, borrowing eligibility, and operational flexibility. This paper examines the success of evolving producer-owned business models in addressing these challenges. The need for uniform criteria to distinguish producer-owned business from other business forms throughout the complex st...

  9. SMEs and new ventures need business model sophistication

    DEFF Research Database (Denmark)

    Kesting, Peter; Günzel-Jensen, Franziska

    2015-01-01

    , and Spreadshirt, this article develops a framework that introduces five business model sophistication strategies: (1) uncover additional functions of your product, (2) identify strategic benefits for third parties, (3) take advantage of economies of scope, (4) utilize cross-selling opportunities, and (5) involve...

  10. Business plans in bank decision-making when financing new ventures in South Africa

    Directory of Open Access Journals (Sweden)

    M Pretorius

    2004-04-01

    Full Text Available This article focuses on the position that South African commercial banks adopt when evaluating an application for finance of new business ventures. The role and importance of the business plan in the decision-making process is highlighted and investigated. This article begins to qualitatively describe the decision-making processes, criteria and processes instituted by the four major South African commercial banks that between them serve 96 per cent of the banking services for small business. It then questions the barriers placed on applicants applying for finance and recommends how these barriers can be removed. The article concludes that banks finance business ventures with poor potential for success if the applicant is creditworthy or has the necessary security rather than assist applicants with good plans and ventures with potential, but lacking sufficient security.

  11. Focus on opportunities as a mediator of the relationship between business owners' age and venture growth

    NARCIS (Netherlands)

    Gielnik, Michael M.; Zacher, Hannes; Frese, Michael

    Combining upper echelons and lifespan theories, we investigated the mediating effect of focus on opportunities on the negative relationship between business owners' age and venture growth. We also expected that mental health moderates the negative relationship between business owners' age and focus

  12. Beyond effectuation: Analysing the transformation of business ideas into ventures using actor-network theory"

    DEFF Research Database (Denmark)

    Murdock, Karen; Varnes, Claus Juul

    2018-01-01

    definition of the entrepreneurial endeavour. Originality/value This paper examines how ideas are transformed into business ventures by using the ANT to expand understanding from effectuation theory. This shows that means, for instance, are not given but are co-created by the process of translation....../methodology/approach This study uses a longitudinal case study design. The case provides an overview of a new business’s emergence based on three identified translations, each representing critical junctures in the business’s development. An ethnographic approach is selected, which combines observations with qualitative...... as new humans or non-humans become part of it. Including a resource in the network means simultaneously changing the network. This interactionism shows that what sparks interest or attracts resources to a business idea is not simply an influx of additional resources but is simultaneously a dynamic...

  13. THE IMPROVEMENT OF THE CONCEPT OF THE EFFICIENCY OF VENTURE BUSINESS'S ATTRACTION

    Directory of Open Access Journals (Sweden)

    А. Cherednik

    2017-08-01

    Full Text Available The concept of the efficiency of venture business’s attraction was improved in the article. The theoretical foundations of venture business’s concept were explored, four approaches to venture business’s understanding were singled out, and its own definition which fully reflects the essence was developed in the investigation. The author examines the existing approaches to the concepts of effect and efficiency and revealed that efficiency is the ratio of the effect obtained to the costs incurred to achieve it. Also, the author developed the concept of effectiveness of venture business’s attraction.

  14. Achievement report for fiscal 1998 on area consortium research and development business. Area consortium for venture business development by building base for small business (abuse double protected next generation card system based on steganography); 1998 nendo venture kigyo ikuseigata chiiki consortium kenkyu kaihatsu (chusho kigyo sozo kibangata). Steganography gijutsu wo riyoshita jisedaigata fusei shiyo taju boshi guard system no kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-03-01

    A card system is developed using BPCS (Business Planning and Control System) steganography, with electronic data imbedded in the card. Under the system, the visual recognition of the user and the mechanical verification of the card are carried out simultaneously, with the card rejecting any abuse. In fiscal 1998, a system was built by way of trial, constituted of technologies of encoding, decoding, and packaging data into an IC (integrated circuit) card. A photograph of the user's face is attached to the card, the card carries an 8KB IC memory device, and the device stores data of the photograph of the user's face etc. A password has to be inputted before any data may be taken out. A customized key is required to display the imbedded personal data and, for the restoration of the key data, the personal key known only to the owner and the company key that is kept by the card managing company need to be collated with each other. Multiple checking is available for the prevention of abuse, which include the collation of face photographs, collation with display by inputting the password, and request for the customized key to confirm the presence of authority to read the imbedded personal data. (NEDO)

  15. How Korean Venture Capitals Invest In New Technology Ventures

    Directory of Open Access Journals (Sweden)

    Youngkeun Choi

    2013-01-01

    Full Text Available In the entrepreneurship field, this study examines what kinds of external endorsements are helpful for venture capitals investment and the growth of new technology ventures in developing countries. This study uses the signalling theory and the methodologies of multiple regression and survival analysis with the panel data of the ventures in Korea. In the results, collaboration with business groups and certification of government are positively influential in attracting venture capitals’ investment, which accelerate the growth of new technology ventures. The practical implication for entrepreneurs is that they need to obtain the endorsement from business groups and governments strategically.

  16. Communications satellite business ventures - Measuring the impact of technology programmes and related policies

    Science.gov (United States)

    Greenberg, J. S.

    1986-01-01

    An economic evaluation and planning procedure which assesses the effects of various policies on fixed satellite business ventures is described. The procedure is based on a stochastic financial simulation model, the Domsat II, which evaluates spacecraft reliability, market performance, and cost uncertainties. The application of the Domsat II model to the assessment of NASA's ion thrusters for on-orbit propulsion and GaAs solar cell technology is discussed. The effects of insurance rates and the self-insurance option on the financial performance of communication satellite business ventures are investigated. The selection of a transportation system for placing the satellites into GEO is analyzed.

  17. A Study on Strategy Establishment for Foreign Market Penetrating of Nuclear Technology Venture Business

    Energy Technology Data Exchange (ETDEWEB)

    Song, Ki Dong; Kim, S. S.; Choi, Y. D.; Park, C. S.; Bae, C. I.; Chung, J. M.; Roe, S. P

    2007-05-15

    The objective of this study is to suggest feasible strategy for foreign market penetration of nuclear venture technology business. Especially, this study focuses on the technology and product export to the Frankfurt-Hoechst Industrial Park in Germany. This study analyzed the operating system of German Industrial Park, especially the Frankfurt-Hoechst Industrial Park. This study also analyzed the current status of Industrial Science Parks in Northern European countries such as Finland, Sweden, and England. Then, this study suggested the strategy for nuclear technology venture business to penetrate German export market effectively.

  18. A Study on Strategy Establishment for Foreign Market Penetrating of Nuclear Technology Venture Business

    International Nuclear Information System (INIS)

    Song, Ki Dong; Kim, S. S.; Choi, Y. D.; Park, C. S.; Bae, C. I.; Chung, J. M.; Roe, S. P.

    2007-05-01

    The objective of this study is to suggest feasible strategy for foreign market penetration of nuclear venture technology business. Especially, this study focuses on the technology and product export to the Frankfurt-Hoechst Industrial Park in Germany. This study analyzed the operating system of German Industrial Park, especially the Frankfurt-Hoechst Industrial Park. This study also analyzed the current status of Industrial Science Parks in Northern European countries such as Finland, Sweden, and England. Then, this study suggested the strategy for nuclear technology venture business to penetrate German export market effectively

  19. Development trends of the venture capital financing institution: spaciotemporal profile

    Directory of Open Access Journals (Sweden)

    T. I. Volkova

    2010-09-01

    Full Text Available The article describes the results of the research of development and performance features of the venture capital financing institution in leading countries as well as in Russia and in its regions. A number of main trends in venture financing in accordance with the level of innovation process` development abroad and in our country are emphasized, first of all by stages of support of scientific and technological developments and projects. Positive trends and contradictions in development of venture capital financing institution in Russia and its regions are revealed. Main directions of activation of venture financing process are systematized in accordance with the requirements of the Concept of long-term social-economic development of the Russian Federation till 2020 and the Strategy of social-economic development of the Sverdlovsk region until 2020.

  20. Using Venture Capital to Improve Army Research and Development

    National Research Council Canada - National Science Library

    Held, Bruce

    2000-01-01

    ...) while keeping current equipment relevant and affordable. This issue paper introduces the idea that the Army should fund some of its technology development through a private venture capital organization...

  1. How Does Firm Survival Differ between Business Takeovers and New Venture Start-Ups?

    NARCIS (Netherlands)

    G. Xi (Guoqian); J.H. Block (Jörn); F. Lasch (Frank); F. Robert (Frank); A.R. Thurik (Roy)

    2017-01-01

    textabstractFocusing on entrepreneurship entry modes, we investigate two research questions regarding firm survival: how does the survival probability differ between business takeovers and new venture start-ups? And how do the determinants of survival differ between the two entry modes? Using a

  2. Business Takeover or New Venture? Individual and Environmental Determinants from a Cross-Country Study

    NARCIS (Netherlands)

    J.H. Block (Jörn); A.R. Thurik (Roy); P.W. van der Zwan (Peter); S. Walter (Sascha)

    2010-01-01

    textabstractWhereas the determinants of entrepreneurial choice have been thoroughly analyzed in the literature, little is known about the preferred mode of entry into entrepreneurship, such as taking over an existing business or starting a new venture. Using a large international dataset, this study

  3. Ethics in Family Businesses and Venture Capital Firms : How managers manage ethical considerations and steer behavior

    OpenAIRE

    de Groot, Niels; Antonsson, Jimmy

    2012-01-01

    Business ethics is a fragmented and well covered scientific field. This Master thesis study concerns two type of organizations, namely family businesses (FB’s) and venture capital firms (VCF’s), in relation to the ethical decision-making process, which is a relatively undiscovered field. The study is conducted in the way it sheds a light on the influences on a manager when taking decisions concerning ethical considerations. Important scholars such as Colby and Kohlberg (1987) and Rest et al. ...

  4. Financing Small Businesses: From Venture Capital to Crowdfunding

    OpenAIRE

    Herciu Mihaela

    2017-01-01

    Startups and small businesses are facing many challenges in terms of financing their activities. These types of companies do not have the possibility to access capital market or to make IPO or to borrow money from banks like big, mature or well-known companies (who were at their beginnings startups or small businesses). They have to find different sources for financing their ideas/products/services that are in many cases very risky, hazardous or to ambitious. But, fortunately, the financing a...

  5. Business Development Corporation, Inc.

    Energy Technology Data Exchange (ETDEWEB)

    Jasek, S.

    1995-12-31

    Business Development Corporation, Inc., is a company specializing in opportunity seeking and business development activities in the {open_quotes}new{close_quotes} post communist Central and Eastern Europe, with particular emphasis on the Republics of Poland and Slovakia. The company currently focuses its expertise on strategic investing and business development between Central Europe and the United States of America. In Poland and Slovakia, the company specializes in developing large scale energy and environmental {open_quotes}infrastructure{close_quotes} development projects on the federal, state, and local level. In addition, the company assists large state owned industries in the transformation and privatization process. Business Development Corporation has assisted and continues to assist in projects of national importance. The staff of experts advise numerous large Polish and Slovak companies, most owned or in the process of privatization, on matters of restructuring, finance, capital structure, strategic parternships or investors, mergers, acquisitions and joint ventures with U.S. based firms. The company also assists and advises on a variety of environmental and energy matters in the public and private sector.

  6. ACTUAL TRENDS IN THE DEVELOPMENT OF VENTURE INVESTMENT IN RUSSIA

    Directory of Open Access Journals (Sweden)

    K. P. Aleksandrova

    2014-06-01

    Full Text Available Relevance of research topic is related to the significant influence of the venture capital industry on the Russian economy. Innovative development of our country depends mainly on the effective commercialization of research and development, but the technology companies access to financial resources is a key factor in the innovation process . Venture capital plays a major role in this respect: it provides a fast and timely financial support to local entrepreneurs breakthrough ideas and enhances the competitiveness of the Russian economy as a whole. Objective - Analysis of Venture Investment in Russia , identifying issues and current trends in development. In the process, a set of methods has been applied economic and statistical analysis: methods of synthesis, comparison and analysis of economic and statistical information. In the study, it was determined that the current Russian venture market is characterized by an increase in the number of venture capital funds and private equity funds, as well as increasing their capitalization; an increasing number of companies financed, but about 90 % of all investments allocated for funding mature companies and only 10 % - for companies at the venture development stages; Central Federal District continues to firmly hold the leadership of the share of the total investment of all federal districts . Identified the following problems: lack of funding companies in the initial stages of development, infrastructure venture industry, inadequate legislation and taxation system , the problems associated with the protection and registration of intellectual property, the problem of lack of professional management, the lack of a well-functioning stock market, high-tech industries unattractive for investment.Purchase on Elibrary.ru > Buy nowDOI: http://dx.doi.org/10.12731/2070-7568-2014-3-5

  7. Institutional influences on business model choice by new ventures in the microgenerated energy industry

    Energy Technology Data Exchange (ETDEWEB)

    Provance, Mike, E-mail: mprovanc@odu.edu [Old Dominion University, Norfolk, VA 23529 (United States); Donnelly, Richard G.; Carayannis, Elias G. [George Washington University, Washington, DC 20052 (United States)

    2011-09-15

    Business model choice plays an important source of competitive advantage for new ventures in the microgeneration sector. Yet, existing literature focuses on strategic management of internal resources as the constraints in this choice process. In the energy sector, external factors may be at least as influential in shaping these business models. This paper examines the roles of politico-institutional and socio-institutional dynamics in the choice of business models for microgeneration ventures. Business models have traditionally been viewed as constructions of the internal values, strategies, and resources of organizations. But, this perspective overlooks the role that external forces have on these models, particularly in more highly institutionalized contexts like microgeneration. When these factors are introduced into the existing framework for business model choice, the business model based less on firm decision-making and more about variables that exist within national innovation systems and political structure, local socio-technological conditions, and cognitive abilities of the entrepreneur and corresponding stakeholders. - Highlights: > This work provides theoretical foundation for variation in microgeneration business models. > Explores institutional influences on strategic view of business model choice. > Compares the nature of microgeneration across geo-political contexts.

  8. Institutional influences on business model choice by new ventures in the microgenerated energy industry

    International Nuclear Information System (INIS)

    Provance, Mike; Donnelly, Richard G.; Carayannis, Elias G.

    2011-01-01

    Business model choice plays an important source of competitive advantage for new ventures in the microgeneration sector. Yet, existing literature focuses on strategic management of internal resources as the constraints in this choice process. In the energy sector, external factors may be at least as influential in shaping these business models. This paper examines the roles of politico-institutional and socio-institutional dynamics in the choice of business models for microgeneration ventures. Business models have traditionally been viewed as constructions of the internal values, strategies, and resources of organizations. But, this perspective overlooks the role that external forces have on these models, particularly in more highly institutionalized contexts like microgeneration. When these factors are introduced into the existing framework for business model choice, the business model based less on firm decision-making and more about variables that exist within national innovation systems and political structure, local socio-technological conditions, and cognitive abilities of the entrepreneur and corresponding stakeholders. - Highlights: → This work provides theoretical foundation for variation in microgeneration business models. → Explores institutional influences on strategic view of business model choice. → Compares the nature of microgeneration across geo-political contexts.

  9. A strategic framework to utilise venture capital funding to develop manufacturing SMES in South Africa

    Directory of Open Access Journals (Sweden)

    Snyman, Hendrik Andries

    2014-08-01

    Full Text Available SMEs contribute considerably to the national GDP and to private sector employment, but they struggle to gain access to the funding needed to support business sustainability and growth. Venture capital provides the necessary funding, but SMEs lack understanding of the business value curve utilised by financiers to gauge the risk-reward characteristics of an investment. Strategies need to convey how the business model will evolve in order to deliver on the strategic intent. A framework is proposed through which SMEs can develop a strategy aligned with investor requirements. As a case study, the framework is applied to the local tooling sector.

  10. Freemium Business Models as the Foundation for Growing an E-business Venture: A Multiple Case Study of Industry Leaders

    DEFF Research Database (Denmark)

    Günzel-Jensen, Franziska; Holm, Anna B.

    2015-01-01

    directly and indirectly further resource acquisition. Second, while previous literature has taken a static perspective, we contribute by illustrating the dynamic process of strategic business model design for growth. Finally, we introduce the concept of the nascent business model which is new......In e-business freemium business models have become legitimate. However, current research provides little insight on how the free and premium offering should be employed to lead to growth and success in the long run. The presented research aims to fill this gap by investigating how the property...... ‘free’ was employed in young entrepreneurial ventures’ business models in the initial life-cycle stages – opportunity recognition, market entry, and market exploitation. We find that various forms of freemium business models are employed through the initial life-cycle stages of a new venture for reasons...

  11. Business Takeover or New Venture? Individual and Environmental Determinants from a Cross-Country Study

    OpenAIRE

    Block, J.H.; Thurik, A.R.; van der Zwan, P.W.; Walter, S.

    2010-01-01

    textabstractWhereas the determinants of entrepreneurial choice have been thoroughly analyzed in the literature, little is known about the preferred mode of entry into entrepreneurship, such as taking over an existing business or starting a new venture. Using a large international dataset, this study reports considerable differences in takeover preferences across 33 countries. Hierarchical (multi-level) regressions are performed to explore individual-level and country-level determinants of the...

  12. Development of New B2B Venture Corporate Brand Identity

    DEFF Research Database (Denmark)

    Törmälä, Minna; Gyrd-Jones, Richard I.

    2017-01-01

    of interviews and archival data generated during a three-year period to examine the development of corporate brand over time. This study shows that the development of corporate brand identity and the context of the development of new B2B venture are closely intertwined processes and provides a framework...

  13. Developing HRM in Foreign Chinese Jount Ventures

    NARCIS (Netherlands)

    Verburg, R.M.

    1996-01-01

    Human Resource Management (HRM) has become established as an alternative perspective on personnel management. HRM takes many forms, but its basis is the link between personnel practices and business strategy leading to overall organizational effectiveness by encouraging strong commitment among

  14. Freemium Business Models as the Foundation for Growing an E-business Venture: A Multiple Case Study of Industry Leaders

    Directory of Open Access Journals (Sweden)

    Franziska Günzel-Jensen

    2015-01-01

    Full Text Available In e-business freemium business models have become legitiate. However, current research provides litte insight on how the free and premium offring should be employed to lead to growth and success in the long run. The presented research aims to fil this gap by investiatig how the property ‘free’ was employed in young entrepreneurial ventures’ business models in the initil life-cycle stages – opportunity recognitin, market entry, and market exploitatin. We fid that various forms of freemium business models are employed through the initil life-cycle stages of a new venture for reasons of trial-and-error, learning, exploratin, legitiizatin and resource acquisitin. A freemium business model can also serve as a nascent business model, though without a sustainable monetiatin component, for fiding a sustainable business model through a series of dynamic adjustments. With our fidings we contribute to the business model literature in three ways: First, our empirical fidings show the many-sidedness of the component ‘free’ in freemium business models. Free users are of importance for network building, exploratin and exploitatin and growth over tie. Moreover, free users enable directly and indirectly further resource acquisitin. Second, while previous literature has taken a stati perspectie, we contribute by illustratig the dynamic process of strategic business model design for growth. Finally, we introduce the concept of the nascent business model which is new to the literature.

  15. A critical analysis of the influence of start-up factors in small businesses and entrepreneurial ventures in SA

    Directory of Open Access Journals (Sweden)

    J. J. Van Vuuren

    2007-12-01

    Full Text Available Purpose: This paper focuses on a critical analysis of the influence of start-up factors in small businesses and entrepreneurial ventures in Gauteng, a province in South Africa. Problem investigated: Owing to the low economic growth, high unemployment, and an unsatisfactory level of poverty in South Africa, entrepreneurship becomes a critical solution for the starting and developing of small businesses. Although the South African Government are constantly improving in eliminating barriers to potential start-ups, South Africa's TEA is not up to standard if it wants to sustain economic growth rates that will create wealth for everybody. Various factors influence and play a role in the establishment and operation of small businesses and entrepreneurial ventures. Design/methodology/approach: An ex-post facto, formal research design was used as respondents were requested to indicate on a four-point scale how important they deemed 37 items in a structured personal interview. A sample of 312 elements was included in the research. The data was analysed through a factor analysis and analysis of variance. Findings: Four factors were identified that influence the start-up of small businesses and entrepreneurial ventures. They are: personal management and involvement; role models; effective time management; and support from partners and advisors. It is very clear that there is a definite difference in the needs and factors influencing: women and male entrepreneurs; the age of entrepreneurs and the stage of the business in its life cycle.Value of research: By analysing the factors that influence start-up, it can make potential entrepreneurs aware of theimportance of considering these factors in the start-up and growth of their businesses. Conclusion: The findings of this research are in line with similar international research (Mazzarol et al., 1999 and Deakins & Freel, 2003 on various aspects influencing the start-up of businesses. Although a lot of support

  16. Can High-Tech Ventures Benefit from Government Guanxi and Business Guanxi? The Moderating Effects of Environmental Turbulence

    Directory of Open Access Journals (Sweden)

    Dejin Su

    2017-01-01

    Full Text Available The construct of guanxi has become an interesting topic for analyzing how to do business more effectively and successfully in China’s economic transition period. Drawing on the guanxi strategy theory, this study examines when government guanxi (guanxi with the government and its officials and business guanxi (guanxi with the business sectors matter to new venture performance under two typical turbulent environments (institutional turbulence and market turbulence. According to empirical results using original data from 146 new ventures in clusters driven by China’s local governments, both government guanxi and business guanxi were positively related to new venture performance, and market turbulence was an important contextual factor influencing performance benefits of guanxi. However, the results reveal no moderating effects of institutional turbulence on direct relationships. Furthermore, the study provides a better conceptual and empirical understanding of why market turbulence is a double-edged sword for performance implications of guanxi in the rapidly changing business environment.

  17. 15 CFR 295.23 - Dissolution of joint research and development ventures.

    Science.gov (United States)

    2010-01-01

    ... Development Ventures § 295.23 Dissolution of joint research and development ventures. Upon dissolution of any joint research and development venture receiving funds under these procedures or at a time otherwise... 15 Commerce and Foreign Trade 1 2010-01-01 2010-01-01 false Dissolution of joint research and...

  18. Seeing What Sticks! Revenue Diversification and New Venturing in the Business Schools of the California State University

    Science.gov (United States)

    Oubre, Linda Seiffert

    2017-01-01

    With changing funding models and increased competition, academic institutions are increasingly looking for new ways to finance their missions. Business schools are turning to revenue diversification through new venturing to offset declining MBA enrollment, high business faculty salaries, and changes in accreditation standards that require more…

  19. Small Business Development Center

    Data.gov (United States)

    Small Business Administration — Small Business Development Centers (SBDCs) provide assistance to small businesses and aspiring entrepreneurs throughout the United States and its territories. SBDCs...

  20. REGIONAL VENTURE FUND OF THE URAL FEDERAL DISTRICT: CREATION AND STRATEGY OF DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    N.A. Victorov

    2007-03-01

    Full Text Available The article describes both types of Russian venture funds and forms of the state participation in venture investment. Besides, the article mentions the scheme of regional venture fund creation in Ural district, principles of its participants` interaction and some management issues. Moreover, we can see here the fund's development which includes market, technological, integration and investment components.

  1. Promoting business and entrepreneurial awareness in health care professionals: lessons from venture capital panels at medicine 2.0 conferences.

    Science.gov (United States)

    Miron-Shatz, Talya; Shatz, Itamar; Becker, Stefan; Patel, Jigar; Eysenbach, Gunther

    2014-08-06

    There are few mechanisms that bring the academic and business worlds together in a way that would maximize the success of health technology (health tech) start-ups by increasing researchers' knowledge about how to operate in the business world. Existing solutions (eg, technology transfer offices and dual degree MD/MBA programs) are often unavailable to researchers from outside the institution or to those who have already completed their primary education, such as practicing physicians. This paper explores current solutions and offers a partial solution: include venture capital (VC) panels in medical conferences. These VC panels educate academics on 2 important and interconnected issues: how to "pitch" their ideas in the business world and what to consider when creating a company. In these sessions, academia-based start-up companies present their ideas before a VC panel composed of professional investors and receive feedback on their idea, business plan, and presentation techniques. Recent panel recommendations from Medicine 2.0 conferences fell into 7 categories: (1) the product, service, or idea you are developing into a company, (2) determine market forces and identify the target audience, (3) describe your competitive advantage, (4) the business plan, (5) current and future resources and capabilities, (6) legal aspects, and (7) general advice on the art of pitching. The academic and business literature validates many of these recommendations suggesting that VC panels may be a viable and cost-effective introduction to business and entrepreneurial education for physicians and other health care professionals. Panels benefit not only the presenting companies, but also the physicians, psychologists, and other health care professionals attending the session. Incorporating VC panels into academic conferences might also illuminate the need for incorporating relevant business training within academia.

  2. Promoting Business and Entrepreneurial Awareness in Health Care Professionals: Lessons From Venture Capital Panels at Medicine 2.0 Conferences

    Science.gov (United States)

    Patel, Jigar; Eysenbach, Gunther

    2014-01-01

    There are few mechanisms that bring the academic and business worlds together in a way that would maximize the success of health technology (health tech) start-ups by increasing researchers’ knowledge about how to operate in the business world. Existing solutions (eg, technology transfer offices and dual degree MD/MBA programs) are often unavailable to researchers from outside the institution or to those who have already completed their primary education, such as practicing physicians. This paper explores current solutions and offers a partial solution: include venture capital (VC) panels in medical conferences. These VC panels educate academics on 2 important and interconnected issues: how to “pitch” their ideas in the business world and what to consider when creating a company. In these sessions, academia-based start-up companies present their ideas before a VC panel composed of professional investors and receive feedback on their idea, business plan, and presentation techniques. Recent panel recommendations from Medicine 2.0 conferences fell into 7 categories: (1) the product, service, or idea you are developing into a company, (2) determine market forces and identify the target audience, (3) describe your competitive advantage, (4) the business plan, (5) current and future resources and capabilities, (6) legal aspects, and (7) general advice on the art of pitching. The academic and business literature validates many of these recommendations suggesting that VC panels may be a viable and cost-effective introduction to business and entrepreneurial education for physicians and other health care professionals. Panels benefit not only the presenting companies, but also the physicians, psychologists, and other health care professionals attending the session. Incorporating VC panels into academic conferences might also illuminate the need for incorporating relevant business training within academia. PMID:25100579

  3. Work Experience from Paid Employment and the Path to Entrepreneurship: Business Takeover Versus New Venture Start-Up

    NARCIS (Netherlands)

    G. Xi (Guoqian); J.H. Block (Jörn); F. Lasch (Frank); F. Robert (Frank); A.R. Thurik (Roy)

    2016-01-01

    textabstractOur paper investigates how the type of work experience gained from prior paid employment influences the path to entrepreneurship. We distinguish between two distinct entrepreneurship entry modes: business takeover and new venture start-up. Using a large and rich French data set, we find

  4. Universities Venture into Venture Capitalism.

    Science.gov (United States)

    Desruisseaux, Paul

    2000-01-01

    Reports that some universities are starting their own venture-capital funds to develop campus companies, or are investing endowment funds with established venture-capital firms inclined to finance potential spinoffs from campus research. Examples cited are from the University of Alabama, Vanderbilt University (Tennessee), University of…

  5. DEVELOPMENT INSTITUTIONS «CULTIVATION» OF INNOVATIVE PROJECTS IN THE CONTEXT OF THE FORMATION OF VENTURE CAPITAL ECOSYSTEM

    Directory of Open Access Journals (Sweden)

    M. N. Dudin

    2016-01-01

    Full Text Available The current state of the Russian economy is characterized as unstable in the background influence of a combination of factors, including which are rooted in a fairly distant past. Delayed impact of these factors is expressed in the fact that the transition to innovation-oriented and environmentally responsible economic growth is difficult in many ways. But, despite this, the Russian economy is strong enough and gained significant development potential. Available reserves and potential accumulated national economies could be realized through the use of a new formation: the institutions 'growing'. This methodical approach, and this practice is well established itself abroad (USA, Japan and many countries of the European Union, it is proposed to use this experience in Russian conditions. The basis for the efficient functioning of the institutions «growing» forms the venture ecosystem. Venture Ecosystem – a specially built set of structural components that define the goals, objectives and directions of development of the system in accordance with its strategic purpose in the economy. In this article defined the concept of venture capital ecosystem, considered the objectives and components of the venture capital ecosystem, the characteristic of the state of the domestic venture capital ecosystem highlighted ways to improve it. Resulting in the conclusions and definitions may be used in the practice of building the institutional venture capital environment, focused on the full support of innovative activity of small and medium-sized businesses. In addition, the conclusions and recommendations contained in the article can be used in the development of normative legal acts, including those aimed at promoting high-tech sectors of the Russian economy.

  6. Venture Capital and Strategic Investment for Developing Government Mission Capabilities

    Science.gov (United States)

    2014-01-01

    Defense Venture Catalyst Initiative, Welcome to Defense Venture Catalyst Initiative, undated. 10 A. McBride, Pentagon Turns to Silicon Valley for Leads...negotiating valuation and other terms, such as profit participation, stock redemption rights, board membership, and voting rights. The manager will very...to be an agile, flexible commercial firm that could work on its own terms with firms in Silicon Valley and throughout the world.”4 Since inception

  7. Joint venturing in the fuel, energy and environmental arena: Opportunities for utility subsidiaries and developers

    International Nuclear Information System (INIS)

    Rowley, D.A.

    1992-01-01

    We have witnessed major changes in the 1980s in the US fuel, energy and environmental areas. From the structure of heavily-regulated local and regional monopolies that predated World War 2, Federal and State governments have begun moving toward a more market-oriented approach to fuel supply, fuel transport and power generation with the goal of increasing competition to effect lower prices for consumers. Although some utilities have resisted this trend - arguing, for example, that third-party power purchasing threatens system reliability - others have joined the market by diversifying into the non-regulated side of the industry. Similarly, beginning with creation of the Superfund, continuing with last year's amendments to the Clean Air Act, and on into the future with anticipated changes for water, solid waste, and other areas, Congress and the EPA have created a regulatory structure that cries out for more capital yet makes such investment more risky. This paper examines joint venture strategies in the context of developing new business in the energy and environmental areas. This paper focuses on the interaction of three aspects of such efforts: (1) the issues of primary importance to the entity engaging in such efforts, (2) the impact of various strategies on the resolution of the issues, and (3) the use of joint ventures to maximize benefits and minimize risks

  8. European business venturing in times of digitisation - An analysis of for-profit business incubators in a triple helix context

    DEFF Research Database (Denmark)

    Brem, Alexander; Kreusel, Nico; Roth, Natalie

    2018-01-01

    Business incubators have been developed as a key component of entrepreneurial activities in countries all over Europe. These incubators have a non-profit or a for-profit profile, with one-third located in Germany. The increased engagement of private business in what was a public-dominated incubat......Business incubators have been developed as a key component of entrepreneurial activities in countries all over Europe. These incubators have a non-profit or a for-profit profile, with one-third located in Germany. The increased engagement of private business in what was a public......-dominated incubation landscape may influence established theoretical frameworks. Within this context, this paper analyses 11 German business incubators to look at the most common types of for-profit business incubators in Germany and their main characteristics. Moreover, it introduces classification criteria...... for these incubators. Another aspect of the analysis is the effect of the triple helix dimensions of the different incubation types. The results show that two additional types of incubators can be identified in addition to the traditional public business incubator model, namely 'company builders' and 'accelerators...

  9. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium--Creation of key industries (Development of trace pollutant measuring device); 1998 nendo biryo kankyo busshitsu sokutei device no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    For measuring trace pollutants and for establishing a simplified high-speed method of assessing their impacts, research and development efforts are exerted to build measuring devices to meet the purpose. In relation with air pollutants, researches are conducted to develop a passive sampler technology-aided measuring devices capable of on-site analyses of trace pollutants. For the development of microchips to be the nuclei of such devices, studies are conducted about a gas absorbing chip consisting of porous quartz glass and a passive sampler installed thereon, a chemical reaction chip on which absorbed NO{sub 2} ions react with a fluorescent reagent, and an optical detection chip capable of high-sensitivity detection of a fluorescent substance generated by an ultraviolet emission device. As the result, an A4 size prototype of a trace NO{sub 2} measuring device is developed using a fluorescence detecting microchip system. In addition, a simplified measuring device is developed, in which gas absorbed at a polymer film flows in a very thin plastic-formed channel to reach an electrochemical detection system for measurement, and the device is found to work effectively. (NEDO)

  10. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium research and development--Creation of key industries (Consortium research on photonics for sensing); 1998 nendo photonics sensing ni kansuru consortium kenkyu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    For the purpose of developing photonic sensors capable of ultrawide-range, ultrahigh-sensitivity, and high-speed processing, studies are conducted about organic nonlinear optical crystals. DAST (4-dimethylamino-N-methyl-4-stilbazolium p-toluenesulfonate) is taken up, which is an organic pigment capable of nonlinear optical performance superior to that of lithium niobate. In the research on {pi}-conjugate systems of DAST, more than 20 kinds of novel cations are synthesized, and some molecular species are found to be superior to DAST in performance. An etching technique is contrived, applicable to the processing of optical waveguides of DAST which is soluble in water or organic solvents, and waveguides of the multiple or single mode are manufactured. In the effort to make DAST crystals larger in size and higher in quality, a new crystallization method is employed, and a crystal larger than 15 times 15 times 2mm{sup 3} and equipped with a very flat surface is obtained. Furthermore, a DAST-aided electric field sensor is built, capable of detecting a high-frequency field of 60GH. To assist the designing and synthesizing of novel chemicals, the dipole moment and others are calculated for monomolecular DAST. (NEDO)

  11. Nascent Entrepreneurship and the Developing Individual: Early Entrepreneurial Competence in Adolescence and Venture Creation Success during the Career

    Science.gov (United States)

    Obschonka, Martin; Silbereisen, Rainer K.; Schmitt-Rodermund, Eva; Stuetzer, Michael

    2011-01-01

    What predicts a person's venture creation success over the course of the career, such as making progress in the venture creation process and multiple successful venture creations? Applying a life span approach of human development, this study examined the effect of early entrepreneurial competence in adolescence, which was gathered retrospectively…

  12. Sustaining Petroleum Exploration and Development in Mature Basins: Production Sharing Contracts and Financing of Joint Venture Oil and Gas Projects

    International Nuclear Information System (INIS)

    Chukwueke, T.

    2002-01-01

    Oil companies make a business by bearing the risks of investing in, and making profits from, oil and gas operations. International Oil Companies (IOC) are the recognised leaders in technology and develop expertise in the management of technical such as subsurface and surface uncertainties through seismic surveys, well drilling and production facilities. In export oriented oil and gas developments, IOCs also carry the commercial risks associated with the export market (ups and downs in the demand for oil and gas) that could make the project non-profitable, if not properly managed.Conversely, Local Oil Companies (LOCs), i.e. indigenous private or state owned companies, are more adapt at developing expertise in the management of the local environmental, domestic market and political risks associated with the area or country of operations. It is recognised that in certain countries some LOCs are also making significant progress in the acquisition of modern technology. Any critical business risks which cannot be adequately managed by either the IOC or the LOC will require the involvement of third party, who will normally provide guarantee or securitisation in one form or another.A partnership between local and international oil companies has become accepted to be the most secure and profitable arrangement in international oil and gas business. In the Niger Delta, which is mature oil and gas province and as such non-market related risks, particularly technical and supply risks, are substantially reduced, Joint Venture type of arrangement is considered the most suitable form of partnership. Joint Venture arrangement allows each partner to fund the venture in direct proportion to its participation interest. Because of the reduced risks profile, the joint venture is more bankable; each partner can therefore secure funding for its share with its revenue profile. In Nigeria, however, where the revenue profile (and consequently development budget) of the dominant local player

  13. Guest Editorial: Business Models/Projects – Design, Venture, Manage and Evaluate

    OpenAIRE

    Rao, Narendar V.; Reddy, K.S.; Arrawatia, Rakesh

    2017-01-01

    A number of literature reviews on business models and innovation have suggested that business models are mainly rooted in resource-based view (RBV) and transaction cost economics (TCE) theories. Since business models is a burgeoning research field in strategic management, scholars have paid a great attention toward conceptualizing what business models are, how business models are evolved, and what theories explain business models. The special issue welcomed scholars to submit their academic r...

  14. The Internationalization of Venture Capital: Challenges and Opportunities

    OpenAIRE

    Thomas Gstraunthaler; Galina Sagieva

    2011-01-01

    This paper attempts to summarize and systematize the landscape of the global venture capital industry. It presents major basic business models and investment strategies, assesses the contribution of venture capital (VC) to economic growth, and the incentives and constraints for VC’s development, and it identifies research gaps in this area. Venture capital is often regarded as the only source of support for start-ups, particularly for those in high-tech innovative sectors. The authors explore...

  15. The Importance of Venture Capital Financing System in Financing Entrepreneurship: Applications in Turkey

    OpenAIRE

    Erkan Poyraz; Yusuf Tepeli

    2016-01-01

    The prominent concept of venture capital is examined as a financing model to the financing of entrepreneurship according to related literature. Venture capital is used with success in developed countries for a long time. Venture capital is a modern financing model that allows entrepreneurs to perform dynamic, creative, and innovative investment ideas as well as management, marketing and business support without requesting financial strength from those entrepreneurs. However, venture capital h...

  16. Taxes and Venture Capital Support

    DEFF Research Database (Denmark)

    Keuschnigg, Christian; Nielsen, Søren Bo

    2003-01-01

    In this paper we set up a model of start-up finance under double moral hazard.Entrepreneurs lack own resources and business experience to develop their ideas.Venture capitalists can provide start-up finance and commercial support. The effortput forth by either agent contributes to the firm......-set may paradoxically contribute to higher quality of venturecapital finance and welfare. Subsidies to physical investment in VC-backed startupsare detrimental in our framework.Keywords: Venture capital, capital gains taxation, double moral hazard.JEL-Classification: D82, G24, H24, H25...

  17. Why do entrepreneurial mHealth ventures in the developing world fail to scale?

    Science.gov (United States)

    Sundin, Phillip; Callan, Jonathan; Mehta, Khanjan

    Telemedicine is an increasingly common approach to improve healthcare access in developing countries with fledgling healthcare systems. Despite the strong financial, logistical and clinical support from non-governmental organisations (NGOs), government ministries and private actors alike, the majority of telemedicine projects do not survive beyond the initial pilot phase and achieve their full potential. Based on a review of 35 entrepreneurial telemedicine and mHealth ventures, and 17 reports that analyse their operations and challenges, this article provides a narrative review of recurring failure modes, i.e. factors that lead to failure of such venture pilots. Real-world examples of successful and failed ventures are examined for key take-away messages and practical strategies for creating commercial viable telemedicine operations. A better understanding of these failure modes can inform the design of sustainable and scalable telemedicine systems that effectively address the growing healthcare disparities in developing countries.

  18. Nascent entrepreneurship and the developing individual: Early entrepreneurial competence in adolescence and venture creation success during the career

    OpenAIRE

    Obschonka, Martin; Silbereisen, Rainer K.; Schmitt-Rodermund, Eva; Stuetzer, Michael

    2010-01-01

    What predicts a person's venture creation success over the course of the career, such as making progress in the venture creation process and multiple successful venture creations? Applying a life span approach of human development, this study examined the effect of early entrepreneurial competence in adolescence, which was gathered retrospectively by means of the Life History Calendar method. Human and social capitals during the founding process were investigated as mediators between adolesce...

  19. Business plan competition

    CERN Multimedia

    2007-01-01

    "Venture – Companies for tomorrow" is a business plan competition, which supports students and other junior entrepreneurs in developing their business plans. The sixth edition of the competition is now taking place. Venture 2008 highlights: - prize money totalling CHF 150’000; - possibility to optimize business ideas and business plans with the help of experienced coaches: around 200 coaches are available, with a wide range of backgrounds, entrepreneurs as well as venture capitalists; -\tpossibility to present business ideas and business plans to potential investors ("Investor Days" - 17 January and 7 May); - active involvement in the start-up community; -\tcontribution to potential independence. The competition consists of two phases: Phase I, Business idea, Deadline for submission of business idea: 5 December 2007 (online at http://www.venture.ch). Award Ceremony: 17 January 2008 Phase II, Business plan Deadline for submission of business plan: 2 April 2008 (online at...

  20. Determinants of Cross-border Venture Capital Investments in Emerging and Developed Economies

    DEFF Research Database (Denmark)

    Hain, Daniel; Johan, Sofia A.; Wang, Daojuan

    2016-01-01

    VCs, indicating the effects of intra-industry networks needing further analysis. Using China as a model, we provide a novel multidimensional framework to explain cross-border investments in innovative ventures across developed and emerging economies. By analyzing a unique international dataset, we...... is more relevant for investments in emerging economies, and relational trust is more relevant for investments in developed economies....

  1. A review of telemedicine business models.

    Science.gov (United States)

    Chen, Shengnan; Cheng, Alice; Mehta, Khanjan

    2013-04-01

    Telemedicine has become an increasingly popular option for long-distance/virtual medical care and education, but many telemedicine ventures fail to grow beyond the initial pilot stage. Studying the business models of successful telemedicine ventures can help develop business strategies for upcoming ventures. This article describes business models of eight telemedicine ventures from different regions of the world using Osterwalder's "Business Model Canvas." The ventures are chosen on the basis of their apparent success and their diverse value chains. The business models are compared to draw inferences and lessons regarding their business strategy and contextual factors that influenced it. Key differences between telemedicine business practices in developing and developed countries are also discussed. The purpose of this article is to inform and inspire the business strategy of the next generation of telemedicine ventures to be economically sustainable and to successfully address local healthcare challenges.

  2. Developing competitive advantage through startups and venture capital in emerging markets: A view from Israel.

    Directory of Open Access Journals (Sweden)

    Alexander Maune

    2017-06-01

    Full Text Available This article presents an examination of the emergence and co-evolution of startups and venture capital that led to the transformation of Israel into a Start-Up and Innovation Nation since its inception in 1948. Throughout, the co-evolution of startups and venture capital was considered a critical linkage between venture capital emergence and startup intensive cluster. The article also examined the three phased evolutionary model of 1969 to 2000. A discursive approach of related relevant literature was used. The study found out that the co-evolution of startups and venture capital, policy targeting and a network of a number of other factors as will be discussed in the three phased evolutionary model were critical to the emergence and change of the Israeli high-technology industry into a high-technology startup intensive industry. Israel has become the second largest world market for venture capital with more than 240 venture capitals since 1992. Israel has also become the lead in research and development attracting more than 270 multinational companies with more than 250 establishing research centers and employing over 108 000 in the country. The study also found that Israel leads other nations in per capita startups, engineers, scientists and technicians. This article will be critical for policy formulation and implementation especially in Emerging Markets. This article may lead to a shift in strategy in many emerging countries. This article will also help expand the academic knowledge by filling the existing gaps within the body of knowledge. Therefore, the article has academic, economic and policy value.

  3. Mapping network development of international new ventures with the use of company e-mails

    NARCIS (Netherlands)

    Wakkee, I.A.M.

    2006-01-01

    International new ventures use e-mail frequently to communicate with globally dispersed contacts. In this paper we present and discuss a qualitative research method to map international network development based on company e-mails. Our approach also allows for combinations of inductive and deductive

  4. Supplier's involvement and success of radical new product development in new ventures

    NARCIS (Netherlands)

    Song, Michael; Di Benedetto, Anthony

    2008-01-01

    Supplier involvement is essential to a new venture seeking to develop a radical innovation. Despite this, prior literature has not adequately addressed supplier involvement in radical innovation, nor what the antecedents to increased supplier involvement are. We build and test a conceptual model of

  5. Natural gas across the Andes : a case study of an international business venture

    Energy Technology Data Exchange (ETDEWEB)

    Figueroa, E.B.; Smith, B.

    2002-07-01

    This book describes the challenges and complexities of constructing the GasAndes pipeline from Argentinian gas fields across the Andes to Santiago in Chile. The project was a joint international effort between Canada's NOVA Corporation, Chile's Gasco and Gener, and Argentina's Compania General de Combustibles and Techint Compania Tecnica Internacional. The book relates how NOVA Gas International, together with its partners, accomplished the task of constructing the first major natural gas pipeline across the Andes mountains despite significant challenges such as steep mountain slopes, many river crossings, high altitude, high winds and bitter cold. It describes how the partnership developed and how political and socio-economic issues were dealt with. It demonstrates how business practices were modified to deal with local conditions and to ensure that the fragile environment of the Andean meadows was protected. It also describes how the builders of the pipeline addressed the concerns of communities along the pipeline route. The pipeline was constructed at a time when democracy was returning and market economies were shifting from a reduced role of government in the energy sector. The 463 km GasAndes pipeline has been in operation since August 7, 1997. refs., tabs., figs.

  6. Liability of newness: assessing couple social support when starting a new business venture.

    Science.gov (United States)

    Danes, Sharon M; Craft, Shonda M; Jang, Juyoung; Lee, Jinhee

    2013-10-01

    Study purpose was to investigate adapted social support instruments of nurturance and affiliation with male and female entrepreneurs and spouses starting a new business. Family Fundamental Interpersonal Relationship Orientation theory was the theoretical grounding. Business structure differed by entrepreneur gender in both direct and indirect spousal involvement. Both couple types were highly connected with their firms having high nurturance and affiliation scores. When couple discrepancies were compared, more male entrepreneur couples had shared meaning on business-oriented nurturance questions compared with female entrepreneur couples. The opposite was true for shared meaning on relationship-oriented nurturance. For all affiliation questions, more male entrepreneur couples had shared meaning than did female entrepreneur couples. Clinical applications of resulting instruments are discussed. © 2013 American Association for Marriage and Family Therapy.

  7. Business Incubation in Chile: Development, Financing and Financial Services

    Directory of Open Access Journals (Sweden)

    Aruna Chandra

    2012-07-01

    Full Text Available Business incubation in Chile is still in its nascent stages, with approximately 27 incubators supported primarily by a coalition of government and universities. Chilean business incubators tend to capitalize on regional resource strengths and have a strategic focus on high growth, high innovation, high impact businesses as a result of a government mandate to focus on developing business with high potential for economic development and job creation. The government’s efforts to create the framework conditions for entrepreneurship by investing in business incubators, organizing risk capital for early stage ventures to fill capital market gaps and support for angel networks as well as incubator funding are discussed. Policy implications for the continued growth of the incubation industry are provided.

  8. Business development - the function, research propositions, and managerial implications

    DEFF Research Database (Denmark)

    Sørensen, Hans Eibe

    and executives from high-tech firms and venture capitalists in North America, Asia, and Europe to provide a foundation for future research. Business development is an emerging staff function providing an added level of sophistication to the firms' overall strategic management with interesting performance...... implications. The business development function is typically found in progressive firms especially within high-tech industries, but is argued to become critical for all types of firms across industries wishing to grow and accumulate wealth. Research propositions and managerial implications are discussed....

  9. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium research and development - Small business creation base type (Development of automatic instrument for microscopic measurement of light elements); 1998 nendo chobiryo keigenso jido keisokuki no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    On the basis of the Mo (blue) process defined in the ultrapure water test method, a method to optimize the said process as a flow injection analysis (FIA) process is combined with a technique of advanced front-stage concentration (ion pair adsorption/elution) of a generated chemical species molybdosilicate (blue). Constructed as the result is an automatic measuring method capable of detecting ppb-level silica. For the enhancement of measurement accuracy by separating the Mo isopoly acid (blue) which is a by-product that impedes accurate measuring, a preconcentration chromatograph separation system is constructed, and an excellent result is attained. A minimum limit of determination of not higher than 0.3ppb is achieved. After complexation of B and Be by the tridentate ligand method and FIA, respectively, front-stage concentration is performed by the ion pair adsorption/elution method, and finally a device is experimentally built, capable of selectively measuring target chemical species by use of high performance liquid chromatography. Basic technologies are developed for a method to automatically measure B and Be. The detection limit of the technology for Be is 7.2ppt, which means that it can be used for monitoring the working environment reference level for Be. Similarly, a detection limit of 0.18ppb is obtained for B. (NEDO)

  10. Joint ventures

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    Afhandlingen analysere de konkurrenceretlige og selskabsretlige regler som er bestemmende for hvordan et joint venture samarbejde er struktureret......Afhandlingen analysere de konkurrenceretlige og selskabsretlige regler som er bestemmende for hvordan et joint venture samarbejde er struktureret...

  11. CEERI-CAT joint venture for development of accelerator magnetrons

    International Nuclear Information System (INIS)

    Prasad, Sharda; Kaushik, S.C.; Mahesh Kumar; Chaudhary, P.; Shrivastava, Purushottam; Wanmode, Y.; Hannurkar, P.R.

    2003-01-01

    LINAC and Microtron systems for electron acceleration up to few tens of MeV, requires pulsed RF sources such as magnetron and klystron in S-Band frequency range with peak power in the range of few MW. The major emphasis under this program was to develop critical technologies involved in the development of 2 MW magnetron. This paper discusses the development of 2 MW magnetron along with critical technologies involved and test facilities developed by CAT for testing of this magnetron

  12. The Role Of Business Incubators In The Economic Development Of Saudi Arabia

    OpenAIRE

    Mohamed Imam Salem

    2014-01-01

    Business incubators are perceived to be a mainstay of economic development programs. They create value by combining the entrepreneurial drive of a startup with resources generally available to new ventures. Among the primary objectives of business incubators are creating employment opportunities in the local economy and commercializing technologies. Saudi government has put high-growth, innovative businesses at the heart of its economic agenda. The aim of this paper is to enhance understa...

  13. Strategies for International Development in Knowledge Intensive New Ventures

    DEFF Research Database (Denmark)

    Lassen, Astrid Heidemann; McKelvey, Maureen; Slepniov, Dmitrij

    2011-01-01

    internationalise for different reasons and in different manners than what has normally been portrayed in IB literature. We argue that such findings hold significant consequences for understanding future Asia-Euro collaboration, where traditional roles of European development vs. Asian manufacturing are challenged....

  14. Organisational Learning in International Joint Ventures: Implications for Management Development.

    Science.gov (United States)

    Berrell, Mike; Gloet, Marianne; Wright, Phil

    2002-01-01

    Malaysian and Australian managers enrolled in a training program exhibited differences attributed to national culture in their approaches to learning, influences on management behavior, and ways of knowing. National culture had greater influence on management development and organizational learning than did organizational or systems cultures.…

  15. Business ethics in developing countries

    Directory of Open Access Journals (Sweden)

    G.J. Rossouw

    1992-03-01

    Full Text Available Underlying this paper is the conviction that it is of the utmost importance that business ethics should indeed become an integral part of business culture in all, and therefore also in developing countries. It is not to be denied that business ethics has to a much larger extent become pari of the business culture' in developed countries than in developing countries. The primary aim of this paper is to provide an explanation for the fact that business ethics is fighting an uphill battle in becoming pari of the business culture in developing countries. Secondly, a thumbnail sketch is given of the preconditions that have to be fulfilled in order to stimulate the development of a moral business culture in developing countries. In order to achieve these goals I will focus mainly on Africa, and more specifically on South Africa.

  16. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Research and development of electronic signature collation system for signature on paper; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Shimen ni egaku denshi shomei shogoyo system no kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The effort aims to develop and commercialize hardware and software for identifying the individual who during business transaction affixes his signature to a settlement form with a ballpoint pen or the like. Basic technologies of a tactile sensor are utilized in the construction of a ballpoint pen structured like a tactile sensor with an oscillator attached to the ink holding shaft for the pen to sense the touch of the paper. Fluctuation in the tool force exerted on the paper surface of specified hardness when writing or drawing letters or patterns are converted into frequency data. The small but highly sensitive 2-dimensional angle detecting system, developed Professor Satoshi Kiyono of Tohoku University, is incorporated into this ballpoint pen for achieving higher precision with the angle detection limits and the resolution taken into consideration. Since a strong correlation is to exist between the force exerted in the direction of roll of the ball and the angle of delicate inclination of the ink holding shaft end, tool force application and changes in the force may be continuously traced. When they are combined with a tool force detecting mechanism, a digital pen mechanism results which is capable of simultaneously reading parameters of the X, Y, and Z axes. (NEDO)

  17. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Research and development of Peltier actuating device-aided advanced medical and welfare systems - 2nd year); 1998 nendo Peltier undo soshi wo mochiita kodo iryo fukushi system no kenkyu kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Efforts are made to develop a new Peltier actuating device by amalgamating a Peltier device and shape memory alloy and to apply the product to medical and welfare activities. In the development of active movement control for a Peltier actuating device, a multiaxial control system is developed, and a success is attained in high-speed and high-precision control of temperature and in current- and voltage-aided control of the behavior. In the development of an active actuator for catheters, an active catheter is developed for the first time, capable of performing twisting and bending simultaneously. In the development of an artificial heart catheter, an approximately 10cm-long Peltier actuating device is manufactured to serve as an artificial heart module, and a controller is developed to drive the module at the frequency of approximately 0.5Hz. In the development of shape memory alloys and Peltier devices for normal temperature actuation, the impact is examined of the addition of a third element on the transformation temperature and shape memory characteristics. Research and development is also carried out for element technologies for using a Peltier actuating device as an artificial muscle. (NEDO)

  18. Franchise business development evaluation

    OpenAIRE

    Jurgelionytė, Greta

    2016-01-01

    The main purpose of this course paper is to explore the franchise business by examining the literature as well as „from inside“ – by examining real practical cases. The work consists of three main parts; the analysis of literature, the statistics, and the research as well as it‘s results, findings and recommendations. Literature analysis reviews the desctriptions of franchise related terms, examines the benefits and limitations related to this business, and describes the business models. Stat...

  19. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Development of simplified diagnostic equipment for cardiovascular disorders using electrical and ultrasonic measurements); 1998 nendo choonpa oyobi denki keisokuho ni yoru kan'igata shinkekkankei kino shindan sochi no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research and development is conducted for the construction of a simplified system that will measure various values related to arteriosclerosis and resultant dynamic changes in blood flows, changes in cardiac muscle contraction characteristics, etc. In the development of the technology of cardiac output measurement, a measuring device using an impedance meter and an electrocardiograph is completed. An algorithm is developed for detecting irregular pulses in the electrocardiogram. In relation to cardiac muscle contraction characteristics, a sonocardiometric device is improved for the development of a device capable of measuring movements in the left ventricle walls. An algorithm is developed for the automatic recognition of the septum and the external walls in an M-mode image. In the development of a device for measuring dynamic changes in blood flows, a software program is completed, which uses a two-way rheometer to measure blood flow rates in shallow-seated arteries such as carotid arteries for the analysis of the maximum blood flow rate, acceleration, pattern, etc. In the development of an analyzer for blood vessel structures, a system capable of blood vessel structure analysis and tracking of fluctuations in walls due to cardiac cycles is developed. (NEDO)

  20. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - Small business creation base type (Research and development of cooperative/distributed user authentication system conforming to HTTP); 1998 nendo HTTP purotokoru de jitsugensuru kyocho bunsan user ninsho system no kenkyu kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Since electronic commerce is rapidly expanding while an increasing number of corporations are in operation on digital networks, importance is also growing of systems for user identification and authentication. The aim is to develop a user authentication system, low in price and easy to introduce, which is needed by the Internet on which there is a growing world-wide market and by Intranets. A cooperative/distributed user authentication system has been developed, under which a user who has registered his passport with a server can access plural servers using one and the same password while enjoying high security. It is an HTTP (hypertext transfer protocol)-conforming application program under which user information distributed among plural servers works cooperatively to present a convenient, safe, fault-free user authentication system. A survey is conducted for its commercialization, and the magnitude of the market that requires this technology, the importance of this technology, etc., are clarified. (NEDO)

  1. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Development of mobile hybrid power source system using wind and solar energies); 1998 nendo kahanshiki furyoku taiyoko hybrid dengen system no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-12-01

    Regarding new energy power sources such as solar cells and small wind power systems (1-3kW), research and development is conducted for a new hybrid system featuring 'mobile, package type, no construction cost.' In the research, 4-12m telescopic wind turbine supporting poles are manufactured for two types of wind turbines respectively generating 1.5kW and 2.5kW. A slide type mechanism is employed for solar cell deployment, which enables on-site deployment. Each solar panel accommodates 24 solar cells, and one is installed on top of a container to serve as control room. A control system is developed for this hybrid power source system, which receives power from a wind power turbine and solar cells and supplies power to three kinds of power sources. For the stable supply of power to the loads, 24V/1500Ah batteries are provided. Each power charging controller and protecting device are found to operate smoothly in a verification test, which means the goal of the development endeavors has been achieved. (NEDO)

  2. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of practical application of integrated solid waste recycling technique using highly developed equipment for waste water; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Kokinoka kaishu mizushori system wo mochiita saishigen shori gijutsu no jitsuyoka ni kansuru kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The project aims to dry and pulverize into PDS (pulverized dry sludge) the waste (concrete sludge) discharged from ready-mixed concrete plants, and to develop its practical application. The fine sand component contained in the waste water after washing is removed to the maximum extent, and high-quality sludge-based PDS suitable for reuse is recovered. The process comprises an aggregate recovery stage, fine sand removing stage, coagulation/sedimentation stage, dewatering stage, crushing stage, drying stage, and a collection stage. High-quality PDS contains 30-40 mass% of CaO and 10-20 mass% of SiO{sub 2}, and its particles have an average diameter of 3-20{mu}m and an average specific surface area of 5,000-30,000cm{sup 2}/g. A particle is roundish with its angles rounded off. As for the fine sand component, not less than 90% thereof is removed by a wet cyclone method, and the water is collected and supplied for PDS manufacture. The development is already complete of powder and liquid coagulants, of which not less than 96% is inorganic, as coagulants exclusively for use for concrete. The quality of the manufactured PDS fulfills the target values, and it is concluded that PDS is recyclable like blast furnace slag or fly ash. (NEDO)

  3. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Research and development of wastewater treatment technology for high concentration substances at pickles industry); 1998 nendo konodo tsukemono kojo haisui shori gijutsu no kaihatsu kenkyu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    A technology is developed which treats pickle maker's wastewater containing highly concentrated saline contaminants by resorting to a combination of bacilli and membrane treatment. A 9m{sup 3}/day capable experimental plant is built and experiments are conducted. In the basic research, it is found that the temperature best for bacilli is 30-45 degrees C. They multiply without difficulty until the target salinity of 3% is achieved and, in a culture test, they can multiply until salinity is as high as 8%. Among submerged membrane filtration methods, hollow fiber membrane microfiltration is the most suitable, with its pressure loss increase rate low and stable at a filtration flux of 0.33m{sup 3}/m{sup 2}/day. Tests are conducted at salinity levels up to 1.5% at the experimental plant, when no adverse effect is detected. A BOD (biological oxygen demand) removal rate of not lower than 99.9% is attained under the condition where BOD=15,000-20,000mg/L. In a study of cost performance in which two methods are applied to a real size plant, it is found that the newly developed method is superior to the conventional activated sludge method because its installation area is approximately 1/3, construction cost approximately 65%, and running cost approximately 60% of what the conventional method demands. (NEDO)

  4. Stages of Business Development and Job Generation: Implications for Marketing and Business Educators.

    Science.gov (United States)

    Stone, James R., III; Wentling, Rose Mary

    1988-01-01

    A sample of 400 Wisconsin business owners (69 percent response) and 200 potential entrepreneurs (27 percent response) identified the relationship of personal characteristics, motivational factors, and the decision to start a business, as well as perceived barriers to business ventures. Unsuccessful potential entrepreneurs differed from successful…

  5. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Development of direct production system by lamination molding of molten materials); 1998 nendo netsuyokai sekiso zokeiho ni yoru direct production system no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Tests and studies are conducted for the manufacture of metal or plastic articles by the above-named technology. For the development of a molten material discharging mechanism, a laminating unit is checked for behavior, and conditions for suitable lamination molding are identified. In a study for enhancing precision of laminated geometry, specimens containing metal power and binder are exposed to YAG laser beams different in intensity at various processing speeds, and optimum processing conditions are determined. In an effort to improve the functions of JCAD3 which is a CAD (computer aided design) system, studies are made about the formation of smoothly curved lines and surfaces, and the usefulness of the new technique is verified. For the formation of a smoothly curved surface out of polyhedral data, a C program is prepared. Three dimensional programs and curved line/surface programs are combined, and a high performance CAD program is completed. For the commercialization of sintered products of lamination molding, MIM (metal powder injection molding) materials are tested using atomized and non-atomized powders of SUS304/{phi}8. (NEDO)

  6. Africans want to do business | IDRC - International Development ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    2013-12-12

    Dec 12, 2013 ... ... country to gather information about whether they were actually in business, ... set up on their own account for the opportunity to improve their livelihoods. ... to stock markets, venture capitalists, and so-called “angel investors.

  7. How venture capital works.

    Science.gov (United States)

    Zider, B

    1998-01-01

    The popular mythology surrounding the U.S. venture-capital industry derives from a previous era. Venture capitalists who nurtured the computer industry in its infancy were legendary both for their risk taking and for their hands-on operating experience. But today things are different, and separating the myths from the realities is crucial to understanding this important piece of the U.S. economy. Today's venture capitalists are more like conservative bankers than the risk takers of days past. They have carved out a specialized niche in the capital markets, filling a void that other institutions cannot serve. They are the linch-pins in an efficient system for meeting the needs of institutional investors looking for high returns, of entrepreneurs seeking funding, and of investment bankers looking for companies to sell. Venture capitalists must earn a consistently superior return on investments in inherently risky businesses. The myth is that they do so by investing in good ideas and good plans. In reality, they invest in good industries--that is, industries that are more competitively forgiving than the market as a whole. And they structure their deals in a way that minimizes their risk and maximizes their returns. Although many entrepreneurs expect venture capitalists to provide them with sage guidance as well as capital, that expectation is unrealistic. Given a typical portfolio of ten companies and a 2,000-hour work year, a venture capital partner spends on average less than two hours per week on any given company. In addition to analyzing the current venture-capital system, the author offers practical advice to entrepreneurs thinking about venture funding.

  8. 76 FR 8221 - Small Business Size Regulations; 8(a) Business Development/Small Disadvantaged Business Status...

    Science.gov (United States)

    2011-02-11

    ... Vol. 76 Friday, No. 29 February 11, 2011 Part VII Small Business Administration 13 CFR Parts 121 and 124 Small Business Size Regulations; 8(a) Business Development/Small Disadvantaged Business Status... Regulations#0;#0; [[Page 8222

  9. 75 FR 1296 - Small Business Size Regulations; 8(a) Business Development/Small Disadvantaged Business Status...

    Science.gov (United States)

    2010-01-11

    ... SMALL BUSINESS ADMINISTRATION 13 CFR Parts 121 and 124 Small Business Size Regulations; 8(a) Business Development/Small Disadvantaged Business Status Determinations AGENCY: U.S. Small Business Administration. ACTION: Notice of public meetings; request for comments. SUMMARY: The U.S. Small Business...

  10. The physician/hospital joint venture. Developing a win/win strategy for success. Part I: The first step: developing the environment.

    Science.gov (United States)

    Shorr, A B

    1987-02-01

    This four part series, "The Physician/Hospital Joint Venture: Developing a Win/Win Strategy," will examine the philosophical basis of marketing to physicians, the options for the organization in formulating a strategy for joint venture development, structuring and negotiating the deal, and finally how to build the physician loyalty and commitment essential for the joint venture's continued success. In this first article, the author emphasizes the organization's need to develop a strategic plan that includes a program for attracting physicians. It also points out the need for sensitivity to physicians' concerns and provides examples of successes and failures.

  11. DEVELOPING APPLICATIONS FOR ELECTRONIC BUSINESS

    Directory of Open Access Journals (Sweden)

    Georgeta Șoavă

    2012-12-01

    Full Text Available We are in the early 3rd millennium as companies face the need to exploit technology changing computer environments, in order to improve customer satisfaction and reduce costs. Thus, the development of e-business, the efficient use of new information technologies in business, by developing an alternative sales channel with relatively low costs, it manages to establish relationships with incomparably greater number of customers, to traditional approaches. Starting from these general considerations, we conducted this work we divided it into four parts. In the first part we present general context in which companies can achieve needs using new technologies, then we reviewed the basic elements in developing e-business type applications presenting their main benefits. Next, I approached refining models for e-business software development and use of distributed architectures for electronic commerce, concluding with a set of conclusions.

  12. Venture Capital

    National Research Council Canada - National Science Library

    Lister, M. J; Andreassen, A; Bales, Shanda; Biddle, J. G; Chang, M. M; McCormick, R; Packard, W. J; Sun, T

    2006-01-01

    Leveraging venture capital to the advantage of the Naval Services should be viewed as part of the larger project of reforming the acquisition system to permit rapid introduction of new technologies...

  13. The Impact of SimVenture on the Development of Entrepreneurial Skills in Management Students

    Science.gov (United States)

    Williams, Dina

    2015-01-01

    The purpose of this study was to bridge a gap in our understanding of the role business simulation games can play in the development of entrepreneurial capabilities in undergraduate students. While entrepreneurship education has come a long way from being a branch of business and management studies, to its current status as a core discipline in…

  14. Report on achievements in fiscal 1998. Venture business growing type consortium - small business creating infrastructure (Research and development of ultrasonic vibration machining and electrochemical reaction compound high-efficiency and ultra precision damage-free machining); 1998 nendo chochoonpa shindo denki kagaku hanno fukugogata konoritsu choseimitsu damage free kakoho no kenkyu kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    The present research and development is intended to establish the ultrasonic vibration machining process (ultrasonic vibration means vibration with frequency band exceeding 60 kHz), and ultrasonic vibration machining and electrochemical reaction compound machining process. The following research assignments were executed: (1) development of an ultrasonic vibration machining device and tools, (2) fundamental study on ultrasonic vibration grinding, (3) development of an ultrasonic vibration machining and electrochemical reaction compound damage-free grinding device and tools, and (4) development of ultrasonic vibration machining and electrochemical reaction compound damage-free grinding technology. The achievements in the current fiscal year may be summarized as follows: (1) an ultrasonic vibration rotating main-shaft unit and an electrically insulated tool holder were developed; (2) developments were made on a grinding process by using a micro-diameter grinding wheel supported by ultrasonic vibration, a micro field pick-up unit process using the same wheel, fabrication of micro tools by means of the ultrasonic vibration grinding, processing by using a drill with very small diameter based on the ultrasonic vibration grinding, and a technology to drill holes by means of ultrasonic vibration using a machine-made drill; (3) an ultrasonic vibration rotating main shaft unit with variable amplitude at 75 kHz was developed; and (4) an interface reaction compound grinding process supported by ultrasonic vibration was developed. (NEDO)

  15. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of simplified extraction/purification method for highly purified large-size plasmids; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Kanbenka kojundo ogata plasmid chushutsu seiseiho no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The project aims to develop biotechnological industries in Okinawa Prefecture by embodying a method for obtaining large-size plasmids in a short time at low cost without a special apparatus, for which efforts were made to develop and commercialize a kit comprising an eluate from plasmid cells and a set of columns and eluate for purification. Under this project, University of the Ryukyus well experienced in the handling of plasmid DNAs and Advanced Medical Biological Science Institute jointly developed a 'simplified extraction/purification method for highly purified large-size plasmids.' The developed techniques or methods are described below. A concentration method was developed not using centrifugal operation for escherichia coli cultured in a closed mass culture device. A buffer exchange method in a closed system was developed, continuous from escherichia coli concentration to elution. A column assisted DNA purification method consuming but a short time was established. With these combined, the development is now complete of the technology and device for plasmid DNA elution from escherichia coli by an uninterrupted operation in a completely closed system. (NEDO)

  16. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of simplified extraction/purification method for highly purified large-size plasmids; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Kanbenka kojundo ogata plasmid chushutsu seiseiho no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The project aims to develop biotechnological industries in Okinawa Prefecture by embodying a method for obtaining large-size plasmids in a short time at low cost without a special apparatus, for which efforts were made to develop and commercialize a kit comprising an eluate from plasmid cells and a set of columns and eluate for purification. Under this project, University of the Ryukyus well experienced in the handling of plasmid DNAs and Advanced Medical Biological Science Institute jointly developed a 'simplified extraction/purification method for highly purified large-size plasmids.' The developed techniques or methods are described below. A concentration method was developed not using centrifugal operation for escherichia coli cultured in a closed mass culture device. A buffer exchange method in a closed system was developed, continuous from escherichia coli concentration to elution. A column assisted DNA purification method consuming but a short time was established. With these combined, the development is now complete of the technology and device for plasmid DNA elution from escherichia coli by an uninterrupted operation in a completely closed system. (NEDO)

  17. Report on achievements in fiscal 1998. Venture business growing type consortium - small business creating infrastructure (Development of ultra-high efficiency cultivation system for Hyphomycetes, and application of the system to plant device to manufacture fermentative foods); 1998 nendo itojokin no chokoritsu tairyo baiyo system no kaihatsu to kinosei hakko sho0kuhin seizo plant kiki eno tekiyo seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    This project has noticed the membrane surface liquid culture method, and researched and developed the following themes with an objective to commercialize the membrane surface liquid culture system and develop novel fermentative foods using this system. Cultivation of Beni-koji bacteria (solid culture of M. pilosus k) is taken up in the model cultivation system. (1) establishment of the membrane surface liquid culture system and development of devices, (2) elucidation of cultivation characteristics of the membrane surface liquid culture system and optimization of the cultivating conditions, and (3) development of fermentative foods. In Item (1), such problems were solved as automation of bacteria planting, long-term pasteurized cultivation, and assurance of clean cultivation broth. In Item (2), it was discovered most suitable that maltose concentration is about 5%, glutamic acid concentration is about 50 mM, the initial culture medium pH is about six, and the cultivation temperature is 30 degree C. In item (3), as a result of mixing this red coloring matter containing cultivation broth into preparation of Miso (bean paste) and soy sauce, products having high {gamma}-Aminobutyric acid and monacholin k content were developed. In addition, while Beni-koji made by solid cultivation had peculiar taste and odor, this drawback was eliminated by using this coloring matter containing cultivation broth. This has made differentiation from conventional products possible. (NEDO)

  18. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of 1-chip multifunctional motion sensor and its application to intelligent module; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. 1 chip gata takino undo sensor no kaihatsu to intelligent module eno tekiyo

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The aim is to embody an intelligent micromodule for sensing bodily motions. For this purpose, technologies were established for high accuracy/high aspect ratio etching of crystals and for detecting angular velocity and acceleration, and a 1-chip multifunctional motion sensor was developed. The results of the efforts are briefly described below. A 1-chip multifunctional motion sensor (device size: 16 times 6 times 0.3mm) was developed, capable of simultaneously detecting uniaxial acceleration and uniaxial angular velocity, and an operating circuit was established for the detection. Using the 1-chip multifunctional motion sensor, a wrist watch type intelligent module was developed, capable of discriminating between various patterns of human behavior (walking, jogging, desk work, etc.). An intelligent module and the host computer were connected by wire or radio enabling the real-time observation of a patient's kinetic behavior, and this helped develop an application program allowing the quantification of the rate of recovery of patients undergoing rehabilitation. Using an intelligent module, an application program was developed enabling a laryngeal patient to establish communication by a physical action in case of emergency. (NEDO)

  19. The Pros and Cons of Using Joint Ventures as a Tool to Mitigate Political Risks in Developing Countries

    Directory of Open Access Journals (Sweden)

    Violeta Iftinchi

    2018-03-01

    Full Text Available As part of their political risk management strategy, multinational corporations (MNCs can use joint ventures as a tool to reduce their exposure to political risks in international activities. The aim of this article is to present the main benefits for MNCs in using joint ventures with a local partner to mitigate political risks in developing countries and to put forward three risks that MNCs have to consider when choosing the local partner (the risk of opportunistic expropriation, the risk associated with transferring of intellectual property rights and reputational risk.

  20. Fiscal 2000 achievement report. Venture business assisting type regional consortium - Minor business creation base type (Development of aluminum alloy casting system using aluminum titanate ceramic member); 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Chitansan aluminium ceramics buzai wo shiyoshita aluminium gokin chuzo system no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    An automatic liquid metal charging system driven by a linear induction type electromagnetic pump is developed, with its members to be in contact with liquid aluminum alloy being constituted of aluminum titanate ceramics not to be wetted by liquid aluminum alloy and highly resistant to thermal impact. Technologies for casting aluminum titanate ceramic members in plaster molds, CIP (cold isostatic pressing) molding, and burning were established. The mechanism of wettability of liquid aluminum alloy on aluminum titanate ceramic members was elucidated, and an aluminum titanate ceramic member with a dense spinel layer formed thereon in situ was developed for improvement on non-wettability. The developed member remained non-wettable more than six times longer than conventional members. A special electronic counter mechanism was developed by installing in a conduit an aluminum titanate ceramic made impeller whose revolution was converted into electric signals for the measurement of the amount of charged liquid. A non-asbestos polycrystalline alumina-silica fiber was selected as the insulator for the melting/holding furnace, which enabled 30% energy conservation as compared with the conventional type. (NEDO)

  1. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Research and development of smart catheter for omnidirectional diagnosis; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Zenhoi shindan smart catheter no kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The aim is to develop a highly reliable device for detecting pathological developments deep inside the body by combining the pulse compression technique used in high performance radars and a quartz fiber. The project also aims to develop a system which, when compared with the conventional method, is capable of higher resolution at a short range and of reaching farther for the same resolution level. To be contrived for the development of a diagnostic catheter which combinedly uses the ultrasonic pulse compression and imaging technology and an optical picture system are a pulse signal reflection mirror for taking in ultrasonic picture data on the front and the sides in the lumen, an ultrasonic micromotor for rotating the mirror, and a high efficiency ultrasonic transducer similar in size to the waveguide for transmitting ultrasonic pulses to a quartz waveguide from outside the body and for receiving reflected signals. An effort is simultaneously exerted to make the diameter smaller of a quartz waveguide to be built in the catheter to provide a signal passage for the ultrasonic imaging system and the optical picture system for the realization of a catheter tip smaller and thinner as a whole. A study is made about a mechanical-electronic control system for easy luminal insertion. (NEDO)

  2. Investors' perspective and needs in the process of developing a business plan

    Directory of Open Access Journals (Sweden)

    Stankov Biljana

    2015-01-01

    Full Text Available A business plan is a very important written document about the current state and future intentions of the company and it meets the information and other needs of a wide range of users, regardless of the size of the company and its organizational structure, or belonging to particular economic activity; regardless of the stage of the life cycle in which the company is located and the like . A business plan is written by the existing, established companies for different needs as well as by startup companies that are eager to show the profitability of the business venture and the success of business ideas realization. The business plan often stands out as a means to establish initial communication between entrepreneurs and financing sources, as well as for their initial meeting. The research problem relates to highlighting the business plan as a very powerful means in the hands of entrepreneurs in applying for obtaining the necessary financial resources. The subject of the research includes the analysis of the differences between the many users of a business plan with an emphasis on commercial banks, investment funds and private investors, as financiers of the business venture and the most important users. The aim of the research relates to highlighting the needs of investors and appreciation of their perspectives in the process of developing a business plan, because without a quality business plan investor is at risk of unsafe moving through a very uncertain and changing environment.

  3. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of environmentally friendly chromium-free plating technology and research on its practical application; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Kankyo ni yasashii kuromu daitai mekki gijutsu kaihatsu to sono jitsuyoka kenkyu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    In this research, the seeds provided by Technology Research Institute of Osaka Prefecture and Nomura Plating Co., Ltd., relative to their plating processes using ion exchange membranes and metal anodes are utilized. Efforts are made to prolong the bathing life of the Ni-W alloy plating solution, to put the plating bath in an enclosure, to develop a chromium-free plating technology wherewith bating life is longer, environmental impact is smaller, and resistance to corrosion is higher, and experiments and tests are conducted for industrialization and for the practical application of the developed technologies. At Technology Research Institute of Osaka Prefecture, electrolytic Ni-W alloy plating was taken up. An insoluble anode separated from the plating solution by a cation exchange membrane and plural metal anodes were brought into a new process and, into the same, novel technologies were further introduced, which were a metal ion supply method in which the distribution of current to 3 anodes was regulated and the employment of a sacrificial anode decomposition agent. The new process was investigated for its validity and difficulties. Furthermore, Ni-W-P alloy plating was studied and a mirror-like Ni-W-P alloy plate was developed in a phosphorous acid added bath without detriment to the non-waste solution plating process, and the plate exhibited high corrosion resistance in a CASS (copper-accelerated acetic acid salt spray) test. (NEDO)

  4. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of hypersensitive photocatalyst using oxide semiconductor thin film having nanostructure; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Nano bisai kozo wo yusuru sankabutsu handotai usumaku ni yoru chokokando hikari shokubai no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The thin film structure of photocatalytic titanium oxide, capable of efficiently decomposing hazardous pollutants or the like, is refined to have a nanometric scale structure for a larger specific surface for the development of a photocatalytic thin film or powder film and for the development of decomposition capable air cleaner using a thus developed photocatalytic film. Described in this report are the results of a study conducted to elucidate the fabrication conditions, nanostructures, and photocatalytic features of titanium oxide thin films formed by spray thermolysis, RF (radio frequency) sputtering, reactive sputtering, and sol-gel process, a study of hazardous pollutant decomposing capability and nanostructure, the establishment of fabrication technologies, and the construction of a prototype air cleaner with the results of the said studies applied thereto. Among the various fabrication methods, the technology involving a hypersensitive thin film photocatalyst was established by combining the reactive sputtering method and the sol-gel method. It was found that the formation of prismatic crystals in the sol-gel method was the most important in achieving high performance in the hypersensitive thin film photocatalyst. (NEDO)

  5. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of touch panel display operated by micro-Peltier device; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Micro Peltier soshi ni yoru shokkaku display no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The project aims to develop a small, light, and inexpensive touch panel display that enables visually handicapped people to transmit information by use of their manual sensation. Information from computers or the like is exhibited on the display in arrays of hillocks and dents. For improvement on display resolution and for cost reduction, efforts are made (1) to employ micro-Peltier devices for the simplification of the hillock-dent display mechanism and for the realization of a high resolution tactile display and (2) to establish a technology for manufacturing low-cost micro-Peltier devices. In the tactile display to be developed, the hillocks and dents are formed using gas-filled tiny balloons. The balloons are 2-dimensionally arranged, with the gas therein to be expanded and contracted via micro-Peltier devices. Difference between hillock-dent arrays and changes therein with the passage of time provide information. The gas in the balloons is inflated and contracted through the operation of micro-Peltier devices. In concrete terms, efforts were made to develop (1) a prototype hillock-dent display, (2) a technology for manufacturing high-performance low-cost micro-Peltier devices, and (3) a software program for computers to drive tactile displays. (NEDO)

  6. Report on achievements in fiscal 1998. Venture business growing type consortium - small business creating infrastructure (Development of novel near-infrared laser system intended for medical application); 1998 nendo iryo oyo wo mokuteki to shita shingata kinsekigai laser system no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    This research and development is intended to newly develop a small and high-performance discharge type iodine laser having wavelength excellent in permeability into a tissue of 1.32 {mu} m to complete it as a medical system device based on the data of an experiment of bonding biological tissues performed in the present research. The research and development has been made on the following themes: (1) experimental researches on excited oxygen production, (2) experimental researches on iodine laser oscillation, and (3) experimental researches on bonding biological tissues. In Item (1), excited oxygen production experiments using two systems of microwave discharge and radio frequency discharge were performed in parallel. The former system showed an excitation rate of 21%, and the latter system a maximum excitation rate of 32%, having achieved the target value of 20%. In Item (2) a prototype iodine laser oscillator incorporating a discharge type excited oxygen generator was fabricated, whereas laser oscillation at wavelength of 1.32 {mu} m was obtained. In Item (3), as a result of having performed an inosculation experiment on aorta in rat's abdomen under an operation microscope, micro blood vessels were inosculated successfully by using the laser under compatible conditions. The experiment performed in parallel using YAG laser (with wavelength of 1.06 {mu} m) did not provide sufficient inosculation strength. (NEDO)

  7. Structuring oil and gas joint ventures with aboriginal communities: conference papers conference

    International Nuclear Information System (INIS)

    1999-01-01

    The Insight Conference featured twelve articles on the following topics: 1 - researching and understanding your legal partners; II - an aboriginal game plan - a plan for success; III - legal and management issues relating to aboriginal ventures; IV - tax status of reserve-based aboriginal people and businesses under the Indian Act; v - first nations as exempt bodies under the Income Tax Act; V I - innovative options for structuring oil and gas leases and exploration permits on aboriginal lands; VII - joint venture and partnership arrangements; V III - the impact of taxation on aboriginal ventures; I X - bankruptcy and insolvency issues for on-reserve businesses; X - financing options for oil and gas ventures with first nations; XI - Syncrude's commitment to aboriginal development; and X II - structuring oil and gas ventures with aboriginal communities. Articles abstracted/indexed separately include: I, II, V I (2), V III, X, XI, and X II

  8. Business problems encountered when developing an own business ...

    African Journals Online (AJOL)

    business problems, owners versus managers, age of business, training ... 24), and its market size is ranked at 120 out of 144 countries on a global competitive ... however, in developing countries in Africa and elsewhere, SMEs face a myriad of.

  9. Report on achievements in fiscal 1998. Venture business growing type consortium - small business creating infrastructure (Development of simplified analysis system by using bio-markers of internal secretion disturbing substances - environmental hormone acting substances); 1998 nendo naibunpi kakuran busshitsu (kankyo hormone sayo busshitsu) no bio marker ni yoru kanben bunseki system no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Using the vitellogenin levels in male fishes as a parameter of pollution caused by internal secretion disturbing substances would allow collective measurement of compounding action of pollutants, acquisition of time averaged values, and large reduction in analysis cost. The present research and development works are intended to put such technological seeds into practical use, and promote its proliferation. The following subjects were implemented: (1) fabrication of effective anti-bodies, (2) their application to fresh water fishes, salmon, and trout, (3) their application to sea water fishes, (4) effects on mummichog and medaka, (5) correlation between spawning actions and vitellogenin manifestation in male fish, (6) discussions on chemical analysis methods and the correlativity therewith, and (7) establishment of methods for field investigation and evaluation. In Item (1), an ELISA system using vitellogenin anti-bodies of different fishes was established. A universal anti-body reacting commonly to all of fish vitellogenins was developed. In Items (2), (3) and (4), an evaluation system was established on actions of internal secretion disturbing substances on sea water fish and fresh water fish by using fish vitellogenins. In Item (5), effects on spawning of medaka, and effects on procreation activities (sterility) were evaluated by using vitellogenin. (NEDO)

  10. Fiscal 1999 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of environmental protection oriented technology for effectively utilizing waste paper; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Kankyo hozengata no koshi no yuko riyo gijutsu no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The effort aims to use low grade waste paper out of various grades of waste paper, whose recovery does not make good progress, as a raw material for the development of value-added, commercially competitive products and to contribute to the enhancement of waste paper recovery. A dry pulverization method less polluting the environment and not requiring a drying process is established, and types of waste paper and optimum conditions for their pulverization are made clear. A molding system using a steam injection method capable of atmospheric pressure control is established, and this enables the molding of pulverized waste paper not only into flat boards but also into corrugated boards. It is found that water contained in the waste paper alone produces a result similar to that expected from steam injection. A partitioning board is produced from waste paper, and it is found to be near the conventional product in terms of noise absorption. Old newspaper and corrugated cardboard are pulverized and an air filter is developed, which is similar to the conventional product in terms of operating efficiency and life. Waste paper is carbonized, and then charcoal with more pores than the conventional charcoal is produced. The porous charcoal is found to be usable in vegetable beds. (NEDO)

  11. Fiscal 1998 regional consortium R and D project. Report of research results on venture business promoting type regional consortium for medium and small business innovative foundation (Development and comercialization of ecology-oriented new biodegradable packing materials with natto resin used - 2nd year); 1998 nendo nattoo jushi wo oyoshita eko taio shinki seibunkaisei hoso shizai no kaihatsu jigyoka seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    This paper describes fiscal 1998 results of development of a new biodegradable packing material. Using natto resin (synthesized by irradiating fermented soybeans with {gamma} rays) for compound materials, existing biodegradable plastics resin was improved. Analysis was made on a correlation for example between honeycomb structure and water absorption rate of natto resin and between crosslinked density and mechanical strength. The production process of natto resin by electron-beam irradiation was developed, with the patent applied. The optimization of natto resin synthesis was established by using chemical regent (epoxy resin). After a compound sheet was formed by varying the mixing ratio of natto resin into poly(lactic acid), conditions were set such as formability, plasticity, etc. The production capacity of natto resin gel was improved over one thousand times more than before by electron-beam irradiation technology, with a production process established for one ton/day. The production cost of 40,000 yen/kg was achieved. No abnormality was recognized in a safety test using male rats nor in the mucosa-stimulative test using rabbits. Variability was negative. Using a microbial oxidative degradation analyzer, a completeness degradability test was carried out by analyzing the generating CO2 quantitatively, which revealed about 80% of natto resin was decomposed in two weeks. (NEDO)

  12. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Minor business creation base type. Development of high pressure fluid aided dyeing and finishing system for cellulose textile products generating no waste liquid; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Cellulose kei sen'i seihin no koatsu ryutai ni yoru muhaieki senshoku kako system no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    There is a voice in the textile dyeing industry for a dyeing and finishing method without discharge of waste liquid from the viewpoint of environmental protection. When the special coexistence effect is applied to the technology of making polar dyes soluble in high pressure carbon dioxide, according to Associate Professor Mishima of Fukuoka University, a dyeing method is feasible wherein the separation of supercritical carbon dioxide and the dye is easier than in the conventional method of dyeing in water and wherein discharge of waste liquid after dyeing is not necessary. He also writes that technologies for recovering carbon dioxide have already been established. Under this project, attention is paid to cellulose textile products which will find a great demand, and efforts are made to commercialize a novel dyeing and finishing system of the low environmental impact type. The results of the research conducted under the project involve (1) the improvement of various dyes and assistants in their degree of solution in high pressure carbon dioxide, (2) development of a technology of attaching dyes and finishing agents to textiles, (3) designing and construction of a practical high pressure fluid dyeing and finishing apparatus, (4) search for optimum dyeing conditions for textile products using the said apparatus, and (5) the reinforced functions that textile products have after being dyed. (NEDO)

  13. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - Small business creation base type (Preparation of monodispersed spherical particles for solder materials for application to high density semiconductor packaging - 2nd year); 1998 nendo komitsudo handotai jisso no tame no tanbunsan kyukei handa ryushi no sakusei ni kansuru kenkyu seika hokokusho (dai 2 nendo)

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Fine solder grains have been developed, spherical in shape, uniform in diameter, high in dimensional precision, and high in surface cleanliness, which are necessary for the establishment of next-generation technologies of flip chip bonding and ball grid array which are indispensable for high-density high-reliability packaging of electronic devices such as LSI (large scale integration). Results attained in fiscal 1998 are described. A pulse pressure aided orifice injection method was used. Monodispersed grains are prepared for the Pb-63Sn solder and Sn-3.5Ag lead-free solder. In the case of a 200{mu}m-large orifice, the grain diameter was controlled to fall in the range of 190-210{mu}m and the accuracy was not lower than {+-}6{mu}m. The main goal of this project has been accomplished now that these figures were attained without a sorting process and satisfy the most rigorous conditions currently proposed by the industrial circle involved. The flow of hot liquid out of the orifice and the splitting process of grains were clarified by thermal hydraulic analysis. It was found that grains split and fly not because of instability due to Rayleigh surface waves but because of their liberation from surface tension when equipped with critical kinetic energy. (NEDO)

  14. Fiscal 1998 achievement report. Venture business raising type regional consortium - Small business creation base type (Development of nursery tray pickup robot and transport system for rice or vegetable growing); 1998 nendo suito oyobi yasai nado no hako ikubyo no robot naetori hanso system no kaihatsu (dai 2 nendo) seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    The project aims to develop energy conservation technologies through robotizing the processes of uprooting and conveying rice or vegetable seedlings. In fiscal 1998, the task covered root cutting and seedling uprooting, and a method was designed in which seedlings were uprooted through the intermediary of strings placed to run under the nursery trays. An effort was started to build an experimental root-cutting/seedling-pickup device. Systems for housing and conveying seedling trays were built simultaneously with a seedling tray loading system. In fiscal 1999, the root-cutting/seedling-pickup device was tested repeatedly for its seedling-pickup performance, and was modified. The nursery tray housing and conveying system accommodates a total of 84 trays in a 2-line 7-stage arrangement with 6 trays mounted on each stage. The conveyance speed was set at 0.4m/s-0.5m/s, and the trays travelled with stability in the system house. As for tray loading, an experimental device was built in which the mechanism for replacing empty trays with full trays had been changed from the turn table mechanism to a lateral movement type. Tests were conducted and it was demonstrated that the experimental device operated smoothly. A commercialization survey was conducted, and a conclusion was reached that a quarter of the target farmers in Hokkaido would positively accept the new technologies and adopt this system. (NEDO)

  15. International Marketing Developing Publishing Business

    Directory of Open Access Journals (Sweden)

    Eugenijus Chlivickas

    2015-05-01

    Full Text Available Lithuanian integration in the financial Eurozone and Lithuanian publishing business development in the European Union and outside it, becomes an important problem requiring a solution. Promoting the dissemination of printed books and literacy in Lithuania and beyond, to properly introduce the achievements of Lithuania in foreign countries, it is important to ensure Lithuanian letter, educational and scientific book publishing development. The article examines the characteristics of the international marketing publishing, the world and Lithuanian state publishing houses on the basis of foreign and Lithuanian scientists theoretical insights about the instruments of international marketing opportunities, developing proposals for publishing business integration of new economic conditions.

  16. University Research and Development Activities: The Federal Income Tax Consequences of Research Contracts, Research Subsidiaries and Joint Ventures.

    Science.gov (United States)

    Kertz, Consuelo Lauda; Hasson, James K., Jr.

    1986-01-01

    Features of the federal income tax law applying to income received from commercially funded university-based scientific research and development activities are discussed, including: industry-sponsored research contracts, separately incorporated entities, partnerships and joint ventures, subsidiaries and unrelated income consequences of…

  17. Business Development in Interfirm Collaborations

    DEFF Research Database (Denmark)

    Peronard, Jean-Paul; Brix, Jacob

    2017-01-01

    Recent research has determined that new perspectives concerning business development and innovation are needed in the service network literature. In response, we propose a conceptual, theory-building study that sheds light on the following research question: ‘How can we mobilize actors in a service...... network and create ideas for interfirm collaborations that aspire to deliver business development and innovation?’. To answer this question, we build a new theory by introducing social creativity into the service network literature, which represents a new contextual arena. Our study’s key contribution...... is the creation of a normative theory of ‘social creativity in service networks’. The theory explains how to design and organize an event (or a series of events) in which service network actors can convene to create new ideas that stimulate business development and innovation....

  18. Business Cycles in Developing Countries

    DEFF Research Database (Denmark)

    Rand, John; Tarp, Finn

    2002-01-01

    This paper demonstrates that developing countries differ considerably from their developed counterparts when focus is on the nature and characteristics of short run macroeconomic fluctuations. Cycles are generally shorter, and the stylized facts of business cycles across countries are more diverse...... than those of the rather uniform industrialized countries. Supply-side models are generally superior in explaining changes in output, but a “one-size fits all” approach in formulating policy is inappropriate. Our results also illustrate the critical importance of understanding business regularities...

  19. Business progress towards sustainable development

    International Nuclear Information System (INIS)

    Stigson, Bjorn

    1998-01-01

    The executive director of the World Business Council for Sustainable Development described the organisation, its membership and its objectives. The organisation believes nuclear energy is needed in support of the goal of eradicating poverty, but it must also make all-round financial sense. If the risks are perceived to be high then investors expect a high financial return. The argument is supported by discussions on: (i) industry and sustainable development; (ii) the driving process;(iii) the way ahead; (iv) the environment and shareholder value; (v) conclusions for business in general and (vi) conclusions for the nuclear industry.(UK)

  20. Corporate Venturing

    DEFF Research Database (Denmark)

    Vintergaard, Christian

    path of an entrepreneurial opportunity of the Danish corporate venture capitalist,Danfoss A/S. This paper distinguishes itself from previous research done on entrepreneurialopportunities by creating a holistic and conceptual framework, which broadens and expands theperception of the market participants...

  1. Business development in renewable energy

    NARCIS (Netherlands)

    Krozer, Yoram; Visa, Ion

    2014-01-01

    This paper discusses how to foster development of renewable energy business. Factors that impede or enhance renewable energy in the EU 27 member states in the period 1998–2008 are analyzed. Nine factors are considered: population density, production output and energy sector output to indicate market

  2. The Cultural Context of Learning in International Joint Ventures.

    Science.gov (United States)

    Liu, Shimin; Vince, Russ

    1999-01-01

    A study of Chinese-Western joint business ventures showed that cultural context and different modes of managing and organizing must be considered. Successful joint ventures involve a process of collective, two-way learning. (SK)

  3. Financial sector support for small business development

    OpenAIRE

    2008-01-01

    The study examines the relationships between the financial sector and small businesses, and the small business policy framework in South Africa. The study also measures the perception of the Business Chambers and Commercial Banks on the effectiveness of financial sector support to small businesses in the Gauteng area through a questionnaire. The Small Business Development Policy of 1996 outlines the functions of various small business support institutions such as Ntsika Enterprise Promotion A...

  4. Structuring joint ventures and resource development arrangements between Aboriginal communities and the petroleum industry : Proceedings of an Insight Conference

    International Nuclear Information System (INIS)

    1998-01-01

    The 15 presentations at this conference focused on the structuring of joint ventures with the petroleum industry and First Nations communities in the wake of the recent Delgamuukw decision of the Supreme Court of Canada, issued in December 1997. This decision asserted the right of Aboriginal communities to exclusive use and occupation of their land. The decision has created an urgent need to re-examine business relationships with Aboriginal communities and led to an increase in interest by resource industry people in Aboriginal practices, customs and traditions. Accordingly, speakers at this conference explored the consequences of self government by native communities, native cultural issues that influence the way Aboriginal people conduct business and the effect of the Supreme Court decision on land use planning in the resource-rich provinces of Canada. refs., tabs., figs

  5. Prerequisites for successful joint ventures with industry : an Inuvialuit Development Corporation case study

    Energy Technology Data Exchange (ETDEWEB)

    Lennie, D. [Inuvialuit Development Corp., NT (Canada)

    2003-07-01

    Year 2002 marks the twenty-fifth anniversary of the Inuvialuit Development Corporation (IDC), a management holding company owned by the Inuvialuit Regional Corporation which represents the interests of Inuvialuit under the Inuvialuit Final Agreement, and the Inuvialuit Land Claim Settlement. The Inuvialuit are the Inuit of Canada's western Arctic. In 2000, the Inuvialuit Land Corporation offered certain petroleum and natural gas rights to interested parties through a bidding process. The package provided a royalty regime and a requirement for exploration activities in relation to the land. The Inuvialuit Petroleum Corporation currently holds one third interest in the Ikhil Project, a joint venture with Enbridge and AltaGas which operate a natural gas production facility, a pipeline, and distribution system serving Inuvik. In addition, IDC and Akita Drilling together own four Arctic drilling rigs. IDC is at an advantage coming from the land claim and having expertise operating in the north. Over the past 25 years, it has seen both successes and failures and has learned from each experience to achieve consistent profitability year after year.

  6. Challenges in Bootstrapping a Start-Up Venture: Keenga Research Turning the Tables on Venture Capitalists

    Directory of Open Access Journals (Sweden)

    Prescott C. Ensign

    2016-01-01

    Full Text Available This case study chronicles the timeline of a new venture – Keenga Research. Keenga Research has a novel proposition that it is seeking to introduce to the market. The business concept is to ask entrepreneurs to review the venture capital (VC firm that funded them. Reviews of VC firms would then be developed and marketed to those interested (funds and perhaps enterprises seeking funding. What makes this case unique is that Keenga Research was a lean start-up. Bootstrapping is a situation in which the entrepreneur chooses to fund the venture with his/her own personal resources. It involves self-funding (family and friends, tight monitoring of expenses, and maintaining control of ownership and management (Winborg & Landstrom 2001; Perry, Chandler, Yao, & Wolff, 2011; Winborg, 2015. The lean start-up approach favors experimentation over elaborate planning, customer feedback over intuition and iterative design over traditional big upfront research and development. This case study requires the reader to consider a number of the basic challenges facing all entrepreneurs and new ventures. Is the concept marketable? Can the concept be developed and brought to market in a timely manner? Will the product generate revenue? How? When? What are the commitments of the entrepreneurs? Have they considered the major challenges to be faced? Since this venture involved gathering and developing research information and then creating an online platform, Keenga Research faced significant concept-to-market challenges. The research method used in this case study is first person participant observation and interviews. One of the authors was a team member so the contextual details come from direct observation and first-hand knowledge. This method of research is often used in anthropology, sociology, and social psychology where an investigator studies the group by sharing in its activities. The other author provided an objective and conceptual perspective for analyzing

  7. Foreign Venture Capital Firm - Skye in China.

    OpenAIRE

    Hu, XiaoRui

    2007-01-01

    The reasons of why Tom Skype paid more attention to Venture Capital management have received more and more attentions from academic researchers in many current business studies. Based upon one case study in the Skype, this research has analyzed the significant of the Venture Capital. This research listed some differences of the situations in for the Skype and how it set up the Venture Capital strategic in China, then gave the author's own opinions to the research question.

  8. What Determines Joint Venture Termination?

    DEFF Research Database (Denmark)

    Nielsen, Bo Bernhard

    2012-01-01

    Joint venture (JV) research continues to flourish as researchers seek to advance our understanding of why so many JVs fail. Cui and Kumar (this issue) take a contingency approach to explain how and why business relatedness may provide new insights as to what determines JV termination. This commen......Joint venture (JV) research continues to flourish as researchers seek to advance our understanding of why so many JVs fail. Cui and Kumar (this issue) take a contingency approach to explain how and why business relatedness may provide new insights as to what determines JV termination...

  9. Developing a business plan for a startup e-business

    OpenAIRE

    Vu, Khanh

    2013-01-01

    The purpose of this thesis is to develop an initial business plan for a startup fashion company that operates on the Internet in the Vietnamese market. To reach the target objective, the thesis first examines e-business from a theoretical perspective and considers its advantages and disadvantages. Secondly, the macro environment of the proposed business is analyzed, namely the country of Vietnam and its e-commerce environment. Finally, the outcome of the thesis is presented in the form of a b...

  10. 13 CFR 108.10 - Description of the New Markets Venture Capital Program.

    Science.gov (United States)

    2010-01-01

    ... Venture Capital Program. 108.10 Section 108.10 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION NEW MARKETS VENTURE CAPITAL (âNMVCâ) PROGRAM Introduction to Part 108 § 108.10 Description of the New Markets Venture Capital Program. The New Markets Venture Capital (“NMVC”) Program is a...

  11. Developing Entrepreneurial and Technology Commercialization Policies to Promote Cooperative Ventures Between NIH and Industry

    Science.gov (United States)

    Rossomando, Edward F.

    2001-03-01

    The NIH has had a great influence in guiding the biological research agenda for the last half of the 20th century. This may change if the increases in research funding from the private sector that occurred in the last ten years continue into the 21st century. Ten years ago, industry supplied 55% of the US R&D funds. In 2000, industry support of R&D had increased to 76%, with industry carrying out 70% of the nations applied and 91% of its development research. Given this shift, one of the biggest challenges that NIH may face in coming years is sharing control of America's research agenda with industry. For this to occur policies that encourage cooperative ventures with industry are needed. In a unique experiment, I was invited to the National Institute of Dental and Craniofacial Research (NIDCR), one of the 25 NIH Institutes and Centers, to develop programs and policies that would promote interactions with industry. This talk will introduce the strategy and programs developed to commercialize products and technologies from basic science discoveries and introducing an entrepreneurial atmosphere within the Institute. The results of this experiment will be discussed by comparing differences between discovery-driven and customer-driven innovation. One outcome of this experience is a greater appreciation of the obstacles to introducing disruptive technologies into the market place and of the paradigms that serve as barriers to commercialization. One recommendation is that the NIDCR consider a policy that allows for some participation by industry in setting the research and training agenda of the Institute, and that a mechanism for industry input be introduced into its administrative organization.

  12. Research and development - an integral part of the business

    Energy Technology Data Exchange (ETDEWEB)

    Clerehugh, G

    1987-02-01

    The overall objectives of British Gas Research and Development Division are outlined together with the customer-contractor relationship between the operating divisions and R and D division which integrates the R and D programme with the needs of the business. Implementation of the results of the R and D programme may be in-house, by a joint venture with a manufacturer or by licensing one or more manufacturers. These methods of implementation are illustrated by description of the development of equipment for on-line inspection of pipelines, the Pegasus computer program for analysis of gas distribution networks and the regenerative burner for recovery of high temperature heat from furnace flue gases.

  13. Current status and trends, organizational methods accounting and analysis of innovative enterprises’ venture financing

    Directory of Open Access Journals (Sweden)

    S.V. Rudeychuk

    2016-09-01

    Full Text Available The article examines the specific features and tendencies of development of venture financing in Ukraine. It shows the role of venture capital in the further development of Ukraine economy, this role is in financing and development of innovation, distribution of new technologies and increase of employment of highly professional staff in the territory of Ukraine. The authors determine the influence of characteristics of such financing on the formation of organization and methods of accounting and economic analysis of operations with venture capital investments. The paper grounds the necessity of accounting development and analytical support of innovative enterprises’ venture financing management; the state is caused by the need to attract additional funding from venture investors to finance the production and release of innovative products and businesses. The authors determine the directions of solving problems in accounting organization and methods and economic analysis of innovative enterprises’ venture financing, respectively, for the needs of all entities doing business venture and taking into account the peculiarities of this type of investment capital.

  14. Venture Capital Initiative: Ohio's School Improvement Effort.

    Science.gov (United States)

    Yoo, Soonhwa; Loadman, William E.

    In 1994 the Ohio State Legislature established Venture Capital to support school restructuring. The Venture Capital school initiative is a concept borrowed from the business community in which the corporate entity provides risk capital to parts of the organization to stimulate creative ideas and to provide opportunities for local entities to try…

  15. On Their Own: The Meaning of Change Experienced by Female Entrepreneurs as They Initiate New Business Ventures.

    Science.gov (United States)

    Coyle, H. Elizabeth; Ellinger, Andrea

    2003-01-01

    Cases of four female entrepreneurs produced seven themes related to the meaning of change resulting from business start-up: definition of the transition experience within a connected self, precursors and readiness, support of informal networks, traits, risk-taking behaviors, motivations, and decision making. The results imply that entrepreneurship…

  16. Entrepreneurship Development and Business Climate of Kazakhstan

    Science.gov (United States)

    Kydyrova, Zhamilya Sh.; Satymbekova, Katira B.; Kerimbek, Galymzhan E.; Imanbayev?, Zauresh O.; Saparbayev?, Saule S.; Nurgalieva, Ainash A.; Ilyas, Akylbek A.; Zhalbinova, Saule K.; Jrauovai, Kuralay S.; Kanafina, Ainura T.

    2016-01-01

    The goal is to explore the state of development of entrepreneurship and business climate for the formation of a clear mechanism of state support for small and average business in conditions of economy modernization. A special science-based methodology was developed to monitor the condition of entrepreneurship development and business climate in…

  17. 22 CFR 228.34 - Joint ventures.

    Science.gov (United States)

    2010-04-01

    ... 22 Foreign Relations 1 2010-04-01 2010-04-01 false Joint ventures. 228.34 Section 228.34 Foreign Relations AGENCY FOR INTERNATIONAL DEVELOPMENT RULES ON SOURCE, ORIGIN AND NATIONALITY FOR COMMODITIES AND... Financing § 228.34 Joint ventures. A joint venture or unincorporated association is eligible only if each of...

  18. Fiscal 1998 achievement report on regional consortium research and development project. Venture business raising type regional consortium - small business creating base type (Development of fire resistant materials for preventing dioxin emissions from waste incinerators and development of fused ash into resources - 2nd year); 1998 nendo gomi shokyaku shisetsu kara no dioxin haishutsu boshiyo taika zairyo no kaihatsu oyobi hai yoyubutsu no shigenka seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    The above-named studies aim at enhancing the practical application of gasification fusion furnaces designed to burn at high temperatures for the prevention of dioxin emissions. In the basic study for the development of high-temperature corrosion resistant refractories, it is found that cromia, picrochromite, zirconia, and some others are highly resistant to fused slag of refuse and that chromia is the best among them. As for non-chromia based materials, it is found that they turn equivalent in terms of corrosion resistance to chromia based materials when silica based minerals are added to them. In the effort to develop chromia based new fire resistant materials, some which are excellent in corrosion resistance are obtained out of materials based on MgO-Cr{sub 2}O{sub 3} or Al{sub 2}O{sub 3}-Cr{sub 2}O{sub 3}. In the study of developing fused slag into resources, it is learned that there is feasibility of using heat treated mixtures of slag and waste glass as a material for pavement, as a material for ordinary building bricks, and as a substitute of sand for concrete. (NEDO)

  19. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Research and development of core technologies on the state-of-the-art machine tool); 1998 nendo chokako kikai no chukaku gijutsu no kenkyu kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research and development is conducted to realize grindstone-aided ultra-precision machining by treating brittle materials in their ductile domains for use in the construction of parts for electric, optical, information-related, and magnetic equipment. In the development of ultra-precision machine tools, an experimental machine main body is complete, and it is proved that it performs as intended. In the development of an ultra-precision driving technology based on the principle of ultra-megnetostriction, an ultra-precision actuator is developed, which enables positioning with a resolution precision of about 1 angstrom under the load of a work shaft whose weight may range from 0kg to 1 ton. In the development of tool systems, tools are developed to enable ultra-precision machining that realizes a surface of nanometer-rule coarseness, and this achieves the target levels involving surface coarseness and flatness. As for technologies of working fluid circulation and filtration, a circulation and filtration unit is developed which excludes microscopic solid bodies completely, feeds a temperature-controlled working fluid to the grindstone and workpiece machining region, and filtrates the working fluid after use. (NEDO)

  20. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium--Creation of key industries (Development of a ultrahigh-sensitivity micro-integrated analyzing system); 1998 nendo chokokando micro shusekika bunseki system no kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Biotechnology and micro-machining technology are merged into the above-named system capable of high-speed high-precision clinical examination of trace specimens. In the development of element technologies indispensable for system construction, research and development is conducted of laser processing technology for integration, extremely weak signal detecting technology, micro-electrode manufacturing technology for micro-sensors, micro-contact printing technology, micro-sensors, integrated coatings and micro-columns, elucidation of blood flow characteristics in micro-scale elements, micro-integrated analyzing system control technology, etc. These element technologies are integrated for a success in the development of a micro-scale polymerase chain reaction (PCR) device which is necessary for the development of micro-integrated blood analyzing system for various blood components and for the demagnification of a gene analyzing system. Surveys etc. are conducted for the commercialization of the devices mentioned above. (NEDO)

  1. FY 1999 report on the results by the district consortium research and development business venture supporting type district consortium (central industry creation type). Development of technologies for producing secondary products from unutilized wood resources for zero emissions; 1999 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Zero emission wo mezashita miriyo mokushitsu shigen no niji seihinka gijutsu no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    This project is aimed at development of secondary products from unutilized wood resources, to establish zero waste emissions at wood-related plants. Described herein are the FY 1999 results. The program for manufacturing and development of VOC-free interior products has successfully developed the wood boards using only inorganic adhesives, and the techniques for production of doors of unique, monolithic structure. The program for manufacturing and development of artificial wood with high performances has developed the techniques for forming composites of waste wood and thermoplastic materials, to produce the shapes of artificial wood containing 85% of wood and having touch close to that of wood. The program for production of agricultural and construction materials by the barks has developed the techniques for producing pavement and mulching materials as civil engineering and landscaping materials, and pot type culture grounds for high-class flowering plants as the agricultural materials from cypress and cedar barks. Information regarding performance levels, and discrimination and superiority over the products by competitors has been collected from various sources, e.g., internets, and academic meetings and literature, for the monolithically formed doors, extruded products, mulching materials and pot-type culture grounds. (NEDO)

  2. Sometimes Overlooked: Women's Small Business Development Center.

    Science.gov (United States)

    Lariviere, Elizabeth A.

    2001-01-01

    Describes the development and growth of the Western Reserve Small Business Development Center for Women (Ohio), which promotes the advancement of women-owned businesses in the Northeastern Ohio region by assisting women in starting and maintaining their own businesses. States that the center offers low-cost training programs and counseling by a…

  3. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium--Creation of key industries (Development of Task-Oriented Robot Control System TORCS based on versatile 3-dimensional vision system VVV--Vertical Volumetric Vision); 1998 nendo sanjigen shikaku system VVV wo mochiita task shikogata robot seigyo system TORCS no kenkyu kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research is conducted for the development of a highly autonomous robot control system TORCS for the purpose of realizing an automated, unattended manufacturing process. In the development of an interface, an indicating function is built which easily adds or removes job attributes relative to given shape data. In the development of a 3-dimensional vision system VVV, a camera set and a new range finder are manufactured for ranging and recognition, the latter being an improvement from the conventional laser-aided range finder TDS. A 3-dimensional image processor is developed, which picks up pictures at a speed approximately 8 times higher than that of the conventional type. In the development of orbit calculating software programs, a job planner, an operation planner, and a vision planner are prepared. A robot program which is necessary for robot operation is also prepared. In an evaluation test involving a simulated casting line, the pick-and-place concept is successfully implemented for several kinds of cast articles positioned at random on a conveyer in motion. Difference in environmental conditions between manufacturing sites is not pursued in this paper on the ground that such should be discussed on the case-by-case basis. (NEDO)

  4. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Development of manufacturing system for multiple applications of biological resources); 1998 nendo yuyo seibutsu shigen no tamokuteki riyo no tame no kako seizo system no kenkyu kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research and development is conducted to collect intermediate products from Okinawan herbs for the production of antioxidant products usable for various purposes. Substance-producing plants are screened and the substances they offer are assessed for antioxidant activity, extracted, processed, prepared for market, and checked for safety. At the Okinawa Industrial Technology Center, a DPPH (1,1-diphenyl-2-picrylhydrazyl)/microplate method has been established, which promptly measures the antioxidant activity of the substances. Using this technology, the divisions concerned of industrial, academic, and governmental organizations cooperate with each other over the optimization of herb cultivation technology, development of a herbal ingredient analyzing technology, efficacy of herbs, development of a safety assessment system, development of a technology for the effective extraction, processing, and preparation of herbal ingredients, and the development of a technology of assessing antioxidant intermediate products for their efficacy. As the result, a technology is established of producing intermediate antioxidant products from Guava, Ryukyuyomogi, and Ukonisomatsu. They are unique Okinawan products, and sell at 40,000-50,000 yen. Since the prices are equal to or lower than the prices of other antioxidant intermediate products, probabilities are very high that they will get into markets in Japan proper. (NEDO)

  5. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Development of novel manufacturing technology capable of dealing with multiple types of environmental preservation oriented fine ceramic porous structures); 1998 nendo kankyoyo fine ceramics takotai no tahinshu taiogata shinseizo gijutsu no kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    This effort aims to develop a technology to manufacture various types of high-temperature dust collecting porous ceramic bodies. In the development of a molding technology, guidelines regarding foam containing slurry adjustment by use of surfactant are established and, under the guidelines, an alumina body with its average porosity exceeding 80% is fabricated, with the pores structured homogenous, gradient on the surface, formed in multiple layers, and composite. As for coating, a surface reforming method is developed by which a coating that is a few tens of nanometers thick is uniformly formed on an alumina panel surface, on the exterior of a porous body, and inside a model alumina porous body. It is found that the coating enhances the anti-corrosion capability of alumina. When a titanium oxide coating with 2% silica added thereto is formed on a porous body surface by the said surface reforming method, it is found that there is a catalytic activity achieving an 80% denitrating rate at 700 degrees C. Thanks to a newly developed dust collecting performance evaluating unit, it is proved that the ceramic filter meet the purpose of a dust collector sufficiently. (NEDO)

  6. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Development of multi-purpose high-precision plasma process); 1998 nendo tamokuteki koseido netsu plasma process no kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research and development is conducted of a new material process using thermal plasma for manufacturing new ceramics efficiently and for forming a high-quality spray-deposited ceramic coating high in melting point. In the development of devices, addition of an insulation convergence section enables the construction of a plasma jet generator which operates with stability across a range from atmospheric pressure through 10{sup -1} Torr and exhibits high thermal efficiency of approximately 70%. In the study of basic matters, the thermal plasma process is experimented for its optimization and the interaction between thermal plasma and injected materials is elucidated. In the development of a technology for manufacturing high-quality sprayed coatings, optimum plasma spraying conditions are established for each grain size of alumina/titania composite materials, with the rate of one component to the other taken into consideration. The optimum plasma spraying conditions are determined after examining the state of fused powder recovered after plasma spraying, porosity, the rate of coating adhesion, etc. It is found that coatings formed by high-power thermal plasma application are attributable to the vapor-solid process and, thanks to the finding, a crystal orientation control technology is developed for such coatings. (NEDO)

  7. Starting and developing a surveying business

    CERN Document Server

    Imber, Austen

    2013-01-01

    Starting and Developing a Surveying Business shows how surveyors can develop their own successful small business. For surveyors thinking of taking this step, guidance is provided on the pros and cons which will help the right decision to be made, and the key factors which help see the business through its early stages. For surveyors already running their own small business, consideration is given to factors which will help profitability and growth potential.

  8. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Research and development of high-temperature oxide superconductive system); 1998 nendo koon sankabutsu chodendo system no kaihatsu kenkyu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Research and development of heavy-current high-voltage technologies is conducted for oxide superconductive transformers for the purpose of rendering superconductive the power distribution transformers installed in large numbers at urban underground substations. A proposition is made of a high-efficiency conductor constructing method in which a transposed parallel conductor is constituted of strands which are Bi-2223 Ag-Mn sheath tape wires, and the method is proved to be valid. A winding structure is contrived in which parallel conductors are mechanically reinforced and provided with cooling channels, and technologies to deal with short-circuit currents and rush currents in case of accidents are established. After conducting numerical simulations of the response of a model to thunderstroke impulses and test of model coil withstand voltages, an electrical insulation technology that complies with JEC (Japanese Electrotechnical Committee) specifications for liquid nitrogen cooled power facilities is established. Making use of the results of technological development efforts for each element technology, a 22kV/6.9kV-1,000kVA high-temperature oxide superconductive transformer is successfully fabricated. The product of the efforts stands higher than the equipment performance level set forth in the initial development plan. (NEDO)

  9. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium--Creation of key industries (Research and development of next-generation die manufacturing process); 1998 nendo jisedai kanagata seizo process ni kansuru kenkyu kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Utilizing element technologies provided by Iwate University, Tohoku University, and Iwate Industrial Research Institute concerning the manufacture of dies, studies are conducted about designing techniques, ultrahigh-precision machining technology, anti-corrosion technology, molding releasing lubricants, dies, and the systematization of the process of manufacturing press-formed plastic compacts. In the development of technology of simulating coagulation in a molding die, a comparison is made between the result of a software-aided analysis and experimentally manufactured compacts in terms of tendency toward deformation, and a technique for reducing the amount of deformation is proposed. In the high-precision truing of grinding stones, the tip radius of the wheel can be 20{mu}m, and this suggests possible commercialization. In relation to direct cutting by an end mill, an experiment is conducted by means of CAD (computer-aided design)/CAM (computer-aided manufacture)-aided manufacture, and a comparison is made between 2.5-dimensional CAD/CAM and 3-dimensional CAD/CAM. It is then found that they are both effective. In the research and development of anti-corrosion technology for dies, it is made clear that the corrosion of real discharge-aided cutting-wire machine tools results from a trace of sulphate ions present in the working fluid. (NEDO)

  10. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium in its 2nd year--Creation of key industries (Development of processing of new structure-designed high-performance polymer alloy); 1998 nendo shinkina kozo seigyo koseino kobunshi alloy no seikei kako ni kansuru kenkyu kaihatsu seika hokokusho. 2

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Efforts are exerted to make novel recyclable polymer alloys excellent in material characteristic and to develop a technology for processing them, for which liquid crystalline polymers equipped with a self-alignment capability are combined with thermoplastic resins. In the research on the alloying of polyethylene terephthalate (PET) and liquid crystal polymers (LCP), studies are conducted about inorganic nucleating additives, thermostabilizers, and mold releasing lubricants, and a success is attained in the manufacture of excellent alloyed pellets. In the injection molding of alloys of PET and LCP, a product is obtained, among those produced with the rate of LCP varied, which behaves excellently even at a high resin temperature of 285 degrees C. It is found about PET/LCP alloys that improvement is achieved with additional LCP in terms of the warpage temperature under load, bending property, strength, and dimensional stability upon exposure to heat. In the study of the response of LCP-diffused PET to a process demanding distortion, an injection-molded product containing 10-20% of LCP is found to exhibit excellent ductility. It is also found that PET/LCP alloys may be cut and machined easily and that therefore their crushing for the recycling purpose will be easy. (NEDO)

  11. Fiscal 1998 achievement report on regional consortium research and development project. Venture business fostering regional consortium--Creation of key industries (Research and development of emission-free material separation and recycling process technologies for spent electric/electronic products); 1998 nendo shiyozomi denki denshi kogyo seihin no emissionless sozai bunri saisei junkan system no kenkyu kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    The personal computer is taken up as a sample, and studies are conducted about a system for separating and recovering recyclable materials. For the high-speed cutting and crushing of materials and their compaction, a water-jet cutting method is employed, which enables the unification of chip sizes after cutting, the prevention of dust generation, and the realization of clean working environments. For the separation of copper wires from their coats, a high-speed peeling machine is developed, and the copper wires are recovered for reuse. Fluorine plastics and polyester resin that constitute the coats do not show deterioration in their resin properties when put back into use. As for the powder resulting from the crushing of print circuit boards, it produces gas and unburnt carbon when subjected to heat treatment at 600 degrees C in inactive gas. The problem to arise from this recovery method is how to lower the cost. The separation of pelletized polymers and metal constituents can be accomplished by changing the ablation generation limit energy level during excimer laser irradiation, and this allows them to be recycled. (NEDO)

  12. Entrepreneurial Business Development Through Building Tribes

    DEFF Research Database (Denmark)

    Holzweber, Markus; Mattsson, Jan; Standing, Craig

    2015-01-01

    Understanding tribe development can be critical to the survival of entrepreneurial e-service ventures. This article presents findings on how a Swedish start-up industrial design company termed BETTER-DESIGN attempted to build a global presence by creating a tribe of followers on the web. From thi...... of electronic word of mouth in social network environments....... this single in-depth case study and a comprehensive literature review, a model is developed comprising the necessary components to succeed in tribe building efforts in social media. These components include social cohesion of the inner tribe (founders) in terms of vision, the creation of an icon (a...

  13. Business models and opportunities for cancer vaccine developers.

    Science.gov (United States)

    Kudrin, Alex

    2012-10-01

    Despite of growing oncology pipeline, cancer vaccines contribute only to a minor share of total oncology-attributed revenues. This is mainly because of a limited number of approved products and limited sales from products approved under compassionate or via early access entry in smaller and less developed markets. However revenue contribution from these products is extremely limited and it remains to be established whether developers are breaking even or achieving profitability with existing sales. Cancer vaccine field is well recognized for high development costs and risks, low historical rates of investment return and high probability of failures arising in ventures, partnerships and alliances. The cost of reimbursement for new oncology agents is not universally acceptable to payers limiting the potential for a global expansion, market access and reducing probability of commercial success. In addition, the innovation in cancer immunotherapy is currently focused in small and mid-size biotech companies and academic institutions struggling for investment. Existing R&D innovation models are deemed unsustainable in current "value-for-money" oriented healthcare environment. New business models should be much more open to collaborative, networked and federated styles, which could help to outreach global, markets and increase cost-efficiencies across an entire value chain. Lessons learned from some developing countries and especially from South Korea illustrate that further growth of cancer vaccine industry will depends not only on new business models but also will heavily rely on regional support and initiatives from different bodies, such as governments, payers and regulatory bodies.

  14. Small business development: who pays?

    Science.gov (United States)

    Hellinger, D

    1985-11-01

    This article traces the trends in the aid community towards income generation and small business projects in developing countries since the 1950s. 1 of the great weakness of the development assistance community in the area of income generation remains the lack of analysis of population differentiation in the communities in which they work. A very different approach to the problem of the informal sector and income generation is one that responds directly to the needs of poor communities. Institutions working within poor communities and supporting multi-sectoral development while strengthening local organizations are much better situated to respond to the diverse needs of the community than are single-sector organizations with only 1 skill or service to offer. To assist significant numbers of poor people, particularly women, grouping of some sort is essential. This is not to say that group enterprise development is an easy process. The intensive and costly organizational and management assistance required to prepare a poor group for credit must be weighed along with the potential for creating a basis of long-range change within the community. To work with individual family enterprizes in a community can also have important social and economic effects, although the long-range impact may be more limited. Today, more than ever, the poor face the challenge of creating new survival mechanisms within their communities. Development agencies and assistance programs have the responsibility to help rather than hinder this process.

  15. Fiscal 2000 achievement report on the analysis of factors contributing to the development of venture firms in the U.S. and Europe in the domain of energy technology, and survey of the actualities of venture firms in the Asian region (China) and the feasibility of their coordination with Japan; 2000 nendo energy gijutsu bun'ya ni okeru venture kigyo no hatten yoin bunseki oyobi Asia chiiki (Chugoku) ni okeru venture kigyo no jittai to Nippon tono renkei no kanosei ni kansuru chosa

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    In search of measures to take for raising, developing and integrating venture firms, studies are made about the process and factors of growth after the corporatization of venture firms in the U.S. and Europe, and then about the mechanism of industrial integration in newly-arising high technology- and novel industry-intensive areas and the actualities of strategic clustering. In China, studies are made about feasibility of coordination with Japan. Activities are conducted in the four domains of (1) the analysis of development and growth factors after launching a venture firm in the U.S., (2) analysis of factors contributing to the development of industrial integration in newly-arising high-technology areas, (3) actualities of assistance to ventures in Europe, and (4) the survey of venture trends in China. In domain (4), venture firm creating, raising, and assisting conditions are studied. Also studied are the actual state of venture firm creating, raising, and assisting, and some cases of venture firm creation and raising. (NEDO)

  16. Case : Google ventures

    NARCIS (Netherlands)

    Friesike, Sascha; Gassman, Oliver; Schweitzer, Fiona

    2013-01-01

    Google Ventures - the venture capital department of Google - couples the idea of a corporate incubator with the methods of a classical venture capital firm. A corporate incubator strives to create innovation, whereas a venture capital firm's idea is to create money. As such, corporate incubators

  17. Developing Personal Network Business Models

    DEFF Research Database (Denmark)

    Saugstrup, Dan; Henten, Anders

    2006-01-01

    The aim of the paper is to examine the issue of business modeling in relation to personal networks, PNs. The paper builds on research performed on business models in the EU 1ST MAGNET1 project (My personal Adaptive Global NET). The paper presents the Personal Network concept and briefly reports...

  18. New ventures require accurate risk analyses and adjustments.

    Science.gov (United States)

    Eastaugh, S R

    2000-01-01

    For new business ventures to succeed, healthcare executives need to conduct robust risk analyses and develop new approaches to balance risk and return. Risk analysis involves examination of objective risks and harder-to-quantify subjective risks. Mathematical principles applied to investment portfolios also can be applied to a portfolio of departments or strategic business units within an organization. The ideal business investment would have a high expected return and a low standard deviation. Nonetheless, both conservative and speculative strategies should be considered in determining an organization's optimal service line and helping the organization manage risk.

  19. Franchise business development model : theoretical considerations

    OpenAIRE

    Kavaliauskė, Monika; Vaiginienė, Erika

    2011-01-01

    Franchising is not a popular business development form in Lithuania. Only 0.02% of all Lithuanian companies use franchising for business development, while in most of the developed countries franchise is recognized as a convenient business expansion form. So, what factors determine such differences in the use of franchising? Analysis of related literature showed, that mainly researchers analyse some aspects of franchising, however there is no systematized analysis which covers all the main fr...

  20. Franchise Business Development Model: Theoretical Considerations

    OpenAIRE

    Kavaliauskė, Monika; Vaiginienė, Erika

    2011-01-01

    Franchising is not a popular business development form in Lithuania. Only 0.02% of all Lithuanian companies use franchising for business development, while in most of the developed countries franchise is recognized as a convenient business expansion form. So, what factors determine such differences in the use of franchising? Analysis of related literature showed, that mainly researchers analyse some aspects of franchising, however there is no systematized analysis which covers all the main fr...

  1. Business Cooperation and Regional Productive Development in ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    Business Cooperation and Regional Productive Development in Chile, El ... program dedicated to strengthening independent policy research institutions, ... Call for proposals: Innovations for the economic inclusion of marginalized youth.

  2. Getting Financed : 9 Tips for Community Joint Ventures in Tourism

    OpenAIRE

    World Bank Group; World Wildlife Fund

    2014-01-01

    Like many organizations working in the tourism sector, the authors believe that private sector investment is one of the key drivers of development. Over the past few years, the private sector has been a central innovator in forging business partnerships with local communities for tourism purposes around the world. Having demonstrated some extraordinary development results, joint ventures increasingly need to demonstrate their commercial viability over the long term. Moving out of the donor an...

  3. Feasibility Study of the Department of the Navy Investing Research and Development Funds in Venture Capital Firms as a Means to Identify Technology

    Science.gov (United States)

    2005-12-01

    Kortum , and Josh Lerner , "Assessing the contribution of Venture Capital to Innovation," Rand Journal of Economics (2000), 28 Oct. 2005...Joshua Lerner , The Venture Capital Cycle, Cambridge Mass: MIT Press, 1999. 8 Venture Impact 2004, Arlington, VA: Global Insight, 2005, Venture Capital ...liability position.18 15 National Venture Capital Association Yearbook, New York: Thomson Venture Economics Information, 2005. 16 Samuel

  4. E-Business Development : A Strategic View

    Directory of Open Access Journals (Sweden)

    Saad Haj Bakry

    2002-06-01

    Full Text Available E-business is becoming increasingly important for countries, organizations and individuals, as it gives them efficiency, and as it integrates them together, and with the world at large. This paper aims at providing a strategic view of the development of e-business. It starts by identifying e-business, and by reviewing its current progress. It then presents an e-business development profile, that defines the various elements associated with it. Based on the profile, the paper then provides future development guidelines, and identifies recommended plans.

  5. CHALLENGE FUNDS AND INCLUSIVE BUSINESSES – KEY TO SOCIO-ECONOMIC DEVELOPMENT?

    Directory of Open Access Journals (Sweden)

    Boleslaw Stawicki

    2016-09-01

    Full Text Available This paper will introduce the concept of the challenge fund mechanism, and its role, from both a private sector development (PSD perspective as well as from the sustainable social impact angle. The paper is informed by practical experience and reflections from the point of view of a manager who manages one of the world’s largest challenge funds with a capitalisation of USD 250m and 200+ investments across 23 different markets. A challenge fund, which by nature, is a risk taking and risk-sharing PSD mechanism is used to support innovative, forprofit business ventures, which, by the virtue of being innovative, and therefore, more risky than other business ventures have restricted access to capital. A challenge fund, in a developing or frontier market context, will invest in innovative for-profit companies that exhibit strong intentionality on social impact, i.e. they will implement the inclusive business model concept. Essentially, inclusive businesses engage low income communities in a formal way either as suppliers of raw material, such as cocoa seeds, which the company then processes, or they engage low income communities as customers who buy and consume products and services which cater to them specifically. In this way, an inclusive business makes a profit and at the same time increases the income of low income communities. In this arrangement social impact remains sustainable because the business sees that it can make a profit by collaborating with low income communities. A challenge fund, by financing innovative and risky SMEs doesn’t only support PSD and social impact, it also creates a tested and proven deal flow of companies for more commercial investors such as private equity funds or development finance institutions such as the International Finance Corporation. Therefore, the challenge fund mechanism serves a critical function in sustainable business and social development.

  6. Advantage: industry and First Nations developing strong business relationships

    International Nuclear Information System (INIS)

    O'Meara, D.

    2000-01-01

    The history of confrontations, recriminations, ultimatums, demands and endless negotiations between the oil and gas industry and First Nations communities is told. Important as the history of the conflict is, it is even more important that a mechanism has been found to resolve w these endless quarrels, giving rise to a new oil and gas economy in the 1990s and a new era of resource development in Western Canada. Land settlements, partnership and joint ventures between industry and First Nations communities, negotiating economic and social benefits into business contracts, believed to be an impossible task only a few short years ago , has gone full circle and has become a competitive edge, an admittedly costly and time consuming exercise, but absolutely necessary to be successful in First Nations relations. Conversely, one of the big problems facing First Nations Councils is educating their own members on the benefits of working with oil and gas companies. This is not an easy task since the benefits are sometimes not visible, and when deals hammered out in council with company executives are often filtered through contractors and sub-contractors and deals specifying employment do not materialize. Despite these problems, the experience of several of the companies active on First Nations lands is that it is possible to overcome a history of insensitivity and establish a business environment in which both sides have reason to consider themselves winners

  7. The characteristics and performance of international joint ventures in Thailand

    OpenAIRE

    Suwannarat, P

    2010-01-01

    The importance of strategic alliances in the form of international joint ventures (IJVs) is growing in the present international business environment where competition is on a global scale. A review of the IJV literature, especially in developing countries, shows an over-emphasis on China and the NIEs (the first tier newly-industrialising economies: Taiwan, Singapore, Hong Kong, and South Korea). To date, relatively little attention has been paid to the ASEAN4 countries (the high-performing e...

  8. Venture funding for science-based African health innovation

    Directory of Open Access Journals (Sweden)

    Daar Abdallah S

    2010-12-01

    Full Text Available Abstract Background While venture funding has been applied to biotechnology and health in high-income countries, it is still nascent in these fields in developing countries, and particularly in Africa. Yet the need for implementing innovative solutions to health challenges is greatest in Africa, with its enormous burden of communicable disease. Issues such as risk, investment opportunities, return on investment requirements, and quantifying health impact are critical in assessing venture capital’s potential for supporting health innovation. This paper uses lessons learned from five venture capital firms from Kenya, South Africa, China, India, and the US to suggest design principles for African health venture funds. Discussion The case study method was used to explore relevant funds, and lessons for the African context. The health venture funds in this study included publicly-owned organizations, corporations, social enterprises, and subsidiaries of foreign venture firms. The size and type of investments varied widely. The primary investor in four funds was the International Finance Corporation. Three of the funds aimed primarily for financial returns, one aimed primarily for social and health returns, and one had mixed aims. Lessons learned include the importance of measuring and supporting both social and financial returns; the need to engage both upstream capital such as government risk-funding and downstream capital from the private sector; and the existence of many challenges including difficulty of raising capital, low human resource capacity, regulatory barriers, and risky business environments. Based on these lessons, design principles for appropriate venture funding are suggested. Summary Based on the cases studied and relevant experiences elsewhere, there is a case for venture funding as one support mechanism for science-based African health innovation, with opportunities for risk-tolerant investors to make financial as well as social

  9. Venture funding for science-based African health innovation.

    Science.gov (United States)

    Masum, Hassan; Chakma, Justin; Simiyu, Ken; Ronoh, Wesley; Daar, Abdallah S; Singer, Peter A

    2010-12-13

    While venture funding has been applied to biotechnology and health in high-income countries, it is still nascent in these fields in developing countries, and particularly in Africa. Yet the need for implementing innovative solutions to health challenges is greatest in Africa, with its enormous burden of communicable disease. Issues such as risk, investment opportunities, return on investment requirements, and quantifying health impact are critical in assessing venture capital's potential for supporting health innovation. This paper uses lessons learned from five venture capital firms from Kenya, South Africa, China, India, and the US to suggest design principles for African health venture funds. The case study method was used to explore relevant funds, and lessons for the African context. The health venture funds in this study included publicly-owned organizations, corporations, social enterprises, and subsidiaries of foreign venture firms. The size and type of investments varied widely. The primary investor in four funds was the International Finance Corporation. Three of the funds aimed primarily for financial returns, one aimed primarily for social and health returns, and one had mixed aims. Lessons learned include the importance of measuring and supporting both social and financial returns; the need to engage both upstream capital such as government risk-funding and downstream capital from the private sector; and the existence of many challenges including difficulty of raising capital, low human resource capacity, regulatory barriers, and risky business environments. Based on these lessons, design principles for appropriate venture funding are suggested. Based on the cases studied and relevant experiences elsewhere, there is a case for venture funding as one support mechanism for science-based African health innovation, with opportunities for risk-tolerant investors to make financial as well as social returns. Such funds should be structured to overcome the

  10. Regional Development Fueled by Entrepreneurial Ventures Providing KIBS – Case Study on Romania

    Directory of Open Access Journals (Sweden)

    Vasile Alecsandru Strat

    2016-02-01

    Full Text Available The main goal of the current research paper is to analyze the evolution of the knowledge intensive business services sector from Romania, for the period 2008-2014, from a territorial point of view and to assess its impact in the general economic development. Using a time series of Gini coefficients and other quantitative instruments, the paper provides clear evidences that, during the 2008-2014 period, the domain has increased its concentration, Bucharest and the 10 most attractive counties being responsible for over 88% from the field’s activity at national level, in 2014. Another important fact is that Bucharest which is responsible for almost 66% of the field’s activity, in 2008, is diminishing constantly its importance during the analyzed period. Using panel regression, the presented research brings clear evidence that the main characteristics of the field (KIBS sector: number of companies, total turnover and number of employees can be used, as independent variables, in econometric models designed to estimate the size of the economy of the Romanian counties.

  11. Raising venture capital in the biopharma industry.

    Science.gov (United States)

    Leytes, Lev J

    2002-11-15

    Raising venture capital (VC) is both an art and a science. Future entrepreneurs should carefully consider the various issues of VC financing that have a strong impact on the success of their business. In addition to attracting the best venture capital firms, these issues include such subtle but important points as the timing of financing (especially of the first round), external support sources, desirable qualities of a VC firm, amount to be raised, establishing a productive interface between the founders and the venture capitalists, and most importantly the effects of well-executed VC funding on hiring senior executives and scientific leaders.

  12. How BNFL develops business in the States

    International Nuclear Information System (INIS)

    Langley, R.A.

    1991-01-01

    The US environmental restoration and waste management business is an expanding market. BNFL has developed a strategy designed to build a US-based business while taking into account the many barriers to market entry and participation. The elements of this strategy (market understanding, communications, flexibility, niche market, selectivity, teaming and cost recovery) are briefly explained

  13. Engaging Business Students in Quantitative Skills Development

    Science.gov (United States)

    Cronin, Anthony; Carroll, Paula

    2015-01-01

    In this paper the complex problems of developing quantitative and analytical skills in undergraduate first year, first semester business students are addressed. An action research project, detailing how first year business students perceive the relevance of data analysis and inferential statistics in light of the economic downturn and the…

  14. Operational slack and venture survival

    OpenAIRE

    Azadegan, Arash; Patel, Pankaj; Parida, Vinit

    2013-01-01

    Slack can act as a double-edged sword. While it can buffer against environmental threats to help ensure business continuity, slack canalso be costly and reduce profitability. In this study, we focus on operational slack, the form related to the firm’s production processes. We investigate the role of operational slack on firm survival during its venture stage, when its survival is significantly challenged by environmental threats. Specifically, we explore how change in three types of environme...

  15. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Core industry creation type. Comprehensive research and development for reducing ABS (MABS) sensor system into small module for enhancing vehicle steering safety; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Koji no sharyo soansei wo jitsugensuru ABS (MABS) sensor system no kogata module ka ni tsuite no sogo kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The effort aims to develop a sensor system to enable overall VDC (vehicle dynamic control). The goal is to manufacture a small module type sensor system more than 20 times higher than the conventional type in responding speed and accuracy, which will use a novel ABS (anti-lock braking system) capable of direct and real-time measurement of axial forces in the four directions. The prototype module will be a package in which a system-on-a-chip accommodating peripheral circuits is integrated with a sensor. In the effort to develop a novel multi-axial sensing system (MASS) for a smaller ABS, a circuit optimization technology was developed. A dedicated IC (integrated circuit) was developed for a system to process a large volume of signals. In the effort to develop technologies for packaging the novel sensor system and for constructing modules, technologies were developed for integrating sensor components and an IC into one, module junctioning, module installation, simplification of the installation process, and for the manufacturing of modules. Developed in the effort to optimize MASS were technologies involving the selection and evaluation of sensor components and the enhancement of such processes, optimization of the sensor itself, and the improvement of the sensor system for higher efficiency in calculation. Sensor modules were tested aboard vehicles and the compatibility of the system-on-a-chip with the MASS module was confirmed. (NEDO)

  16. Developing "Green" Business Plans: Using Entrepreneurship to Teach Science to Business Administration Majors and Business to Biology Majors

    Science.gov (United States)

    Letovsky, Robert; Banschbach, Valerie S.

    2011-01-01

    Biology majors team with business administration majors to develop proposals for "green" enterprise for a business plan competition. The course begins with a series of student presentations so that science students learn about the fundamentals of business, and business students learn about environmental biology. Then mixed biology-business student…

  17. FACTORS CRISIS OF SMALL BUSINESS DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    A. I. Khorev

    2015-01-01

    Full Text Available Today it became clear that Russia needs not only economic growth, but also economic growth of a certain quality. Re¬gions are not an exception, since they are the most vulnerable to changes in market conditions resource exports. The main economic indicators for larger regions of the country should become entrepreneurs. The main economic indicators for larger regions of the country should become entrepreneurs. Not accidentally retrospective analysis of the evolutionary development of small business shows that the most important role in the economic development of Europe and America have played and continue to play a small business. Results of activity of small businesses are generally positive; the country saw an increase in the main indicators: the number of small enterprises, the average number of employees in small enterprises, turnover of small businesses and investments in fixed assets. The statistics of recent years show a decline of interest in the business population. Number of small businesses created in the last few years there has been a downward trend, while the proportion of surviving for three years after their registration is low. The greatest negative impact on the business affairs of the factors of regulatory and administrative regulation of small business, corruption and bribery of officials and the activities of control and inspection bodies. Addressing these challenges will require proper coordination of regional and local resources in building infrastructure, forming investment mechanisms to support small enterprises, the development of the entrepreneurial potential of the population.

  18. Development program business in Romania

    OpenAIRE

    Elena Ilie

    2014-01-01

    In the early 2000, in Romania, there were fewer programs to stimulating business environment and in this case the SMEs. After a transition period, various attempts to implement a financial and logistical support from the state were beginning to bear fruit with the year 2009 and take hold in 2011. Amid all legislative changes occurred, the novel proves its effectiveness against Romanian entrepreneurs and especially to young people, university graduates determined to make his way into the busin...

  19. Entrepreneurship in Business Systems Perspective

    DEFF Research Database (Denmark)

    Rana, Mohammad Bakhtiar; Allen, Mathew

    2018-01-01

    of opportunities, challenges, and growth patterns for new ventures or new industries in a society? We provide an overview of the BST framework and then illustrate how it can help to explain entrepreneurial decision-making, motivation, venture/industry creation, rationales behind new business model/ venture...... multinationals’ strategies, structures and decision making. We focus, instead, on a relatively neglected area: how BST can help to explain entrepreneurship. In particular, how can this framework help us to understand 1)why a particular business model is developed, 2) why entrepreneurs tend to make a particular...... type of decision, in a particular way, for a particular context, 3) why firms or new ventures structures, strategies and growth trajectory follow a particular path dependency in a particular institutional context, while 4) complementarity and/or lack of complementarity presents different types...

  20. Financing of Competing Projects with Venture Capital

    OpenAIRE

    Goldfain, Ekaterina; Kovac, Eugen

    2005-01-01

    We analyze innovation race in a moral hazard setting. We develop a model in which two competing entrepreneurs work independently on the same project. The entrepreneurs do not possess any wealth of their own and their research is financed by a venture capitalist. The project, if successful, generates a prize, which is to be shared between the winning entrepreneur and the venture capitalist. The venture capitalist cannot observe the allocation of funds he provides, which creates a moral hazard ...

  1. Business Model and Strategy Development of Commulus Digital Marketing and COmmunication Indonesia

    OpenAIRE

    Saputra, Arif Fajar; Motik, Suryani Sidik

    2013-01-01

    The findings of this study will help CIDMAC as new venture in digital advertising industry to formulate their business strategy (Especially in the beginning of their business) to be able to compete with existing competitors and capture many opportunities ahead. The authors propose the formulation of CIDMAC's business model and DIAMOND Strategy as outlined in the implementation of business strategies in short term (1 year) and long term (3 years) that are expected to make CIDMAC business conti...

  2. International joint ventures

    DEFF Research Database (Denmark)

    Sørensen, Karsten Engsig

    2001-01-01

    The article analysis problems connected with corporate joint ventures. Among others the possible conflicts between the joint venture agreement and the statutes of the companies is examined, as well as certain problems connected to the fact that the joint venture partners have created commen control...... over their joint company....

  3. Venture capital and internationalization

    NARCIS (Netherlands)

    Schertler, A.G.; Tykvova, T.

    Cross-border investments represent a substantial share of venture capital activities. We use a comprehensive dataset on investments worldwide to analyze the internationalization of venture capital financing. We postulate that cross-border activity is shaped by macroeconomic factors in the venture

  4. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Core industry creation type. Research and development of polisher robot system using intelligent force control; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Intelligent ryoku seigyo wo mochiita kenma robot system no kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    The effort aims to automatize the manufacture of wooden furniture by robotizing the polishing work in the field of wooden furniture manufacturing, making use of the seeds provided by intelligent force control technologies. The intelligent force control technologies ('Delicate control of force for the open architecture type industrial robot' and 'Method for target orbit generation not requiring joystick teaching') of Saga University and the interior laboratory of Fukuoka Prefectural Industrial Research Institute are evolved and applied, and are integrated with the 3-dimensional object modelling technology developed by the mechanical and electronic laboratory, Fukuoka Prefectural Industrial Research Institute, and the CAD (computer aided design) data conversion technology developed by ASA Systems Inc. The result was a polisher robot system experimentally fabricated to satisfy the need of an automated polishing process in the wooden furniture manufacturing industry. The robot was tested, and achieved a surface coarseness level of 5{mu}m or less. As for the manufacturing rate, it attained a rate of approximately 100mm/s which was two times higher than the rate to be expected from a skilled worker. (NEDO)

  5. The New Venture Growth: Functional Differentiation and the Need for Human Resource Development Interventions.

    Science.gov (United States)

    Ardichvili, Alexander; Harmon, Brian; Cardozo, Richard N.; Reynolds, Paul D.; Williams, Mary L.

    1998-01-01

    New businesses (n=539) were surveyed in 1986-87 and 1992-93. People responsible for start-up retained responsibility for marketing and related functions. Production, service delivery, purchasing, shipping, and computer functions were most often delegated, usually to internal employees. Organization size did not influence functional…

  6. Entrepreneurship and small business development in Ethiopia ...

    International Development Research Centre (IDRC) Digital Library (Canada)

    The government's development strategies emphasize the role of SMEs in job ... their performance and the circumstances in which small business entrepreneurs ... Call for proposals: Innovations for the economic inclusion of marginalized youth.

  7. Fiscal 2000 achievement report on the venture business assisting type regional consortium-Core industry creation type. Development of radiation detector utilizing surface reforming effect of irradiation; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Hoshasen shosha ni yoru hyomen kaishitsu koka wo mochiita hoshasen kenshutsuki no kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    It has been clarified that the use of some kinds of semiconductor films, such as a rutile type titanium oxide film or a zirconium oxide film, results in a stable photocatalytic reaction in an intensive radioactivity region. In this effort, the effect is applied for the development of a FET (field effect transistor) type radiation detector capable of stable operation under high dose irradiation circumstances. Semiconductor materials such as a rutile type titanium oxide were subjected to irradiation tests on the ground, in which changes in their physical properties such as wettability or conductance were examined and the mechanism of surface reforming under irradiation was elucidated, and proper materials were selected. A prototype high radiation detector was fabricated that covers a 1mGy/hr-4kGy/hr region. For the establishment of a technology for growing spherical semiconductor crystals under microgravity, basic experiments were conducted using a free-fall facility at the Japan Microgravity Center. Basic experiments were conducted for the fabrication of a prototype radiation detector to operate in a high radiation region from 0.1kGy/hr to 2kGy/hr and beyond, and a prototype spherical semiconductor radiation detector was fabricated. Achievements of the effort are mentioned above. (NEDO)

  8. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Core industry creation type. Development of technology for manufacturing large-size, optionally shapable, totally oxide type continuous fiber ceramic composite; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. All oxide ogata nin'i keijo renzoku sen'i kyoka ceramics no seizo gijutsu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    This research and development endeavor is based on Tokyo University's technical seeds and aims to put on the market Al{sub 2}O{sub 3} based CFCC (continuous fiber ceramic composite) materials. They do not break down and are shapable into large or complicate forms as required, which features are not to be expected from a single ceramic material, and are usable in a high temperature oxidizing atmosphere. High purity alumina fiber and alumina-silica fiber containing 70% of Al{sub 2}O{sub 3} were selected, and woven. The resultant cloth was baked at a low temperature for burning away organic impurities. The cloth was then immersed in a zirconia sol containing 30wt% of the stock solution, and was allowed to dry at 105 degrees C. An alumina slurry was prepared containing a dispersant and a binder, and was applied to the zirconia-soaked cloth until it was as thick as desired. The cloth was kept at 800 degrees C for 1 hour for degreasing, and was baked at a low temperature where no heat caused degradation of the ceramic fiber would occur. Specimens stand long use when the temperature is 1,300 degrees or lower for high purity fiber and approximately 1,150 degrees or lower for alumina-silica fiber. They withstand 30-100MPa, dependent on the manufacturing conditions and the kind of fiber used. (NEDO)

  9. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Core industry creation type. Research and development of high-accuracy fabrication technology of aspheric optical component creation technology using parallel grinding method; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Parallel kensaku hoshiki ni yoru koseido hikyumen kogaku soshi sosei gijutsu no kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    Research and development was carried out for the establishment and commercialization of the technical seeds of a newly proposed 'parallel grinding type aspheric surface grinding method,' based on the results of studies of ultra-accuracy grinding and aspheric surface machining technologies conducted at Tohoku University. The new method is characterized in that a work point on the work piece faces the grinding point on the grindstone cross section on the one-to-one basis because the grinding point travels on the grindstone cross section. Accordingly, the method is quite suitable for corrective grinding for eliminating only the error in case a geometrical error occurs on the wrought surface. For this purpose, measurement of the machine surface on board the machine is indispensable. Hence: a study of corrective grinding methods under an on-board measuring system. As the result, the initially intended geometrical accuracy level was attained in the machining of axis-symmetric aspheric glass lenses and aspheric metal molds, and coarseness on the finished surface in the grinding of glass lenses was reduced to 0.3{mu}m using a diamond grindstone. In conclusion, machining accuracy and finished surface coarseness were remarkably improved, and this enables machining without the need of polishing and demonstrates that there are possibilities of commercialization. (NEDO)

  10. Business models and leadership styles in small medical device and bio-science businesses--examples in a region and their implications.

    Science.gov (United States)

    Williams, D J; Hourd, P C

    2004-01-01

    This paper reviews the leadership styles and business models found in small technologically based businesses operating in the healthcare sector within one of the UK regions, the East Midlands. The most frequently encountered business model strands were 1) mixed economies: that fund development with service income; cross-sectoral product portfolios; and decoupled business portfolios led by a single entrepreneur and 2) scale sensitive "stay small" models including the avoidance of venture capital; "early exit"; and virtual business strands. There was found to be little correlation between leadership style and business model for the small number of businesses surveyed. The avoidance of venture capital is in direct contrast to adjacent regions.

  11. Potentials of electronic business development in Serbia

    Directory of Open Access Journals (Sweden)

    Milovanović Slavoljub

    2016-01-01

    Full Text Available Intensive application of information and communication technology (ICT, particularly Internet in selling and buying business processes have caused development of electronic business (e-business concept. Numerous organizations in the world and in Serbia as well have implemented the concept. The basic aim of the paper is to analyze level of internet technology and e-business implementation in Serbia. The paper has theoretical background explaining concept of e-business and ICT which supports the implementation of this concept. However, empirical or practical contribution of the paper is articulated through analysis of data considering application of ICT and e-business concept in Serbia. The data considering application of ICT and e-business concept in Serbia is collected by Statistical Office of the Republic of Serbia and encompasses households/individuals and enterprises in Serbia. Results of the research presented in the paper can help executives in Serbian organizations in planning e-business concept implementation as well as researchers in deeper study of this theme.

  12. Venture Capital Investments for Life Sciences Start-ups in Switzerland.

    Science.gov (United States)

    Gantenbein, Pascal; Herold, Nils

    2014-12-01

    Despite its economic and technological importance, the Swiss life sciences sector faces severe challenges in attracting enough venture capital for its own development. Although biotechnology and medical technology have been the most important areas of venture financing from 1999 through 2012 according to our own data, average investment volumes nevertheless remain on a low level of only 0.05 percent of Swiss GDP. After 2008, there was a pronounced shift away from early-stage financing. While business angels still play an important role at the early stage, venture capitalists are the most important investor type by volumes having their main focus on expansion financing. The industry faces predominant challenges in securing capital availability for entrepreneurs, in transforming the highly skewed and back-loaded payoff profile of investments into a more stable return stream, and in defining appropriate business and collaboration models.

  13. OPEN MINDS DEVELOP GREEN BUSINESS

    Directory of Open Access Journals (Sweden)

    BURDUF (MIERLARU ANDREEA ELENA

    2014-06-01

    Full Text Available Because of the high costs related to environmental and climate protection, green products and green energy sources, firms are not interested in reducing environment-unfriendly activities. But even large companies can afford allocating money for research? Apple won a patent which, if used in the near future, it could transform into a mobile IPhone 5 obsolete and polluting the atmosphere. Apple patent obtained is related to the integration of a touchscreen display has a solar charging system. But who was the open mind behing the rise of Apple? Steve Jobs dropped out of college after six months and spent the next eighteen months attend on creative classes. Starting with the definition of green economy, the purpose of this paper is to analyse how to reduce environmental risks, so the economy becomes a component of the ecosystem in which it resides. A person with completed studies can be a skilled specialist who has mastered the field, but condemned to be only professional competent, but not an open mind who contribute to innovation. In conclusion, the future of the planet depends on business decisions, and whether they will be good, earth will be a place that future generations will enjoy it.

  14. [Developments in the NGL business

    International Nuclear Information System (INIS)

    Stauft, T.

    1999-01-01

    A corporate profile of TransCanada Midstream, one of Canada's largest natural gas liquids company was given, as background to a discussion of the state of the current natural gas liquids (NGL) business in Canada, commodity price factors, competitive issues and uncertainties. The current low price situation was reviewed. Low price combined with record propane inventories and average winter temperatures, strong gas prices, a short winter drilling season and increased gas pipeline capacity, spell difficult times for NGL producers. Among the key uncertainties, the timing of the Alliance pipeline project, growth in gas production both in the Western Canada Sedimentary Basin as well as in the Gulf of Mexico, natural gas prices and NGL price recovery are the most significant ones. Given these uncertainties, for the foreseeable future growth in the industry will be limited to those with a cohesive strategy. Winners will be determined by diversity of location, diversity of industry, being the lowest cost producer, being flexible and providing innovative services, and having access to downstream markets. These exigencies characterize TransCanada Midstream's vision of its own future, i.e. diversifying processing locations (Empress, Cochrane, Tayler/Redwater); diversifying over industries (natural gas, oilsands, crude oil); and low-cost, efficient facilities (Cochrane, Empress II, Younger). 6 figs

  15. PRN 2011-1: Residential Exposure Joint Venture

    Science.gov (United States)

    This PR Notice is to advise registrants of an industry-wide joint venture, titled the Residential Exposure Joint Venture (REJV), which has developed a national survey regarding residential consumer use/usage data for pesticides.

  16. Technological transfer. 2. Through developing small businesses

    Energy Technology Data Exchange (ETDEWEB)

    Berrie, T W; Leslie, D

    1978-12-01

    The transfer of small businesses to developing countries is proposed as the most effective way to build upon existing capabilities and small resources while benefiting the largest number of people. Labor-intensive small businesses require little capital investment and can bring immediate progress to both urban and rural areas. One drawback to this approach is the need for organizational effort by the government, although the Civil Service in India has been able to fill this function. Small businesses can be promoted through tax exemptions or benefits, the restriction of some manufacturing to small-scale industries, and government support of equipment research. This approach is less disruptive of social patterns and lifestyles than urbanization and its associated costs while still providing the opportunity for an improved standard of living. Electrification can be handled at the village level with diesel generators or by central power plants, although consumer cooperatives have worked better than the small business concept in this area.

  17. Joint Ventures: A New Agenda for Education.

    Science.gov (United States)

    Griffin, Dean

    1989-01-01

    The author states that vocational education can join in partnerships with industry, labor, and government to contribute to economic development. Examples of current programs are included. The "joint venture" concept is explained and ideas for forming joint ventures are shared. (CH)

  18. Venture Capital Financing, Moral Hazard and Learning

    NARCIS (Netherlands)

    Bergemann, D.; Hege, U.

    1997-01-01

    We consider the provision of venture capital in a dynamic agency model. The value of the venture project is initially uncertain and more information arrives by developing the project. The allocation of the funds and the learning process are subject to moral hazard. The optimal contract is a

  19. Lack of production sharing laws slows joint ventures in Russia

    International Nuclear Information System (INIS)

    Knott, D.

    1995-01-01

    When Russia opened its doors to foreign oil companies in 1990, there was a rush to secure a piece of the country's potentially vast oil wealth. Since then, many of the ventures between Russian and non-Russian partners have become bogged down with operational problems and an ever changing tax and legal regime. There is a stockpile of massive developments building, while government grinds with seeming reluctance toward passing laws that will allow outside firms to do big business. For major development projects the main stumbling block is the lack of production sharing contract legislation. The paper describes the problems, the current legislation, and operating problems, then highlights several joint ventures that have been successful and several that have ended in pullouts of the foreign investor

  20. Venture capital and private equity investment preferences in selected countries

    Directory of Open Access Journals (Sweden)

    Krzysztof Dziekoński

    2016-01-01

    Full Text Available Sources of capital to finance companies in the SME sector is one of the basic conditions for the functioning and development of enterprises, especially in the early phase of their development. Increasingly popular is the use of capital market instruments, Private Equity, Venture Capital, Business Angels or Mezzanine. Funding of this kind can finance risky investments in return for a higher expected rate of return on capital. Access to financial resources and the conditions under which entrepreneurs can use them can determine the introduction of new technology, new products and services, expand distribution channels, implement changes that may lead to the growth in competitiveness and above all, innovation, thus the growth of the company. The paper presents results of statistical analysis of the venture capital and private equity funds investment strategies in selected countries. As a result investment profiles are created.

  1. Sustainable development - the ICC business charter

    International Nuclear Information System (INIS)

    Santaholma, J.

    1992-01-01

    The International Chamber of Commerce (ICC) prepared and approved, in November 1990, the ''Business Charter for Sustainable Development; a set of principles for environmental management''. Environmental protection is a necessary part of sustainable development but, too often, the performance of business is seen by society as inadequate. Improved environmental performance is essential if business is to regain public trust, reduce the pressures on governments to over-legislate, and strengthen the business voice in debate on public policy. The Charter has been prepared as a major pro-active business initiative by enterprises around the world. This is timely in view of the extensive international debate on environmental issues and the widespread acceptance of the ''Sustainable Development'' concept. Sustainable development involves meeting the needs of the present without compromising the ability of future generations to meet their own needs. Although the objective of the Charter is that the widest range of enterprises as organizations commit themselves to improving their environmental performance in accordance with the Principles of the Charter, an individual branch of industry may also meet the goals of the Charter. The paper evaluates how the practices implemented in the field of nuclear energy are in harmony with the principles. The conclusion is that nuclear is in the avant garde within the wide spectrum of industrial activities. This conclusion should assist nuclear energy to improve its public acceptance. (author)

  2. Toward Understanding Business Student Professional Development Engagement

    Science.gov (United States)

    Blau, Gary; Blessley, Misty; Kunkle, Matthew; Schirmer, Michael; Regan, Laureen

    2017-01-01

    Professional development engagement (PDE) is defined as the level of perceived undergraduate engagement in professional development activities. An 11-item measure of PDE exhibited a good reliability. Using a complete data sample of 467 graduating business undergraduates, four variable sets (student background or precollege variables,…

  3. Business models for sustainable energy development

    NARCIS (Netherlands)

    Kolk, A.; van den Buuse, D.

    2013-01-01

    Business-led approaches to accessing energy in development countries are becoming key factors to sustainable market development. Given the major challenges in this market, companies will blend commercial and donor-funded activities, while simultaneously finding innovative ways to bring renewable

  4. Appcelerator Titanium business application development cookbook

    CERN Document Server

    Bahrenberg, Benjamin

    2013-01-01

    Presented in easy to follow, step by step recipes, this guide is designed to lead you through the most important aspects of application design.Titanium developers who already have a basic knowledge of working with Appcelerator Titanium but want to further develop their knowledge for use with business applications

  5. A model for Business Intelligence Systems’ Development

    Directory of Open Access Journals (Sweden)

    Manole VELICANU

    2009-01-01

    Full Text Available Often, Business Intelligence Systems (BIS require historical data or data collected from var-ious sources. The solution is found in data warehouses, which are the main technology used to extract, transform, load and store data in the organizational Business Intelligence projects. The development cycle of a data warehouse involves lots of resources, time, high costs and above all, it is built only for some specific tasks. In this paper, we’ll present some of the aspects of the BI systems’ development such as: architecture, lifecycle, modeling techniques and finally, some evaluation criteria for the system’s performance.

  6. Business and partnerships for development

    NARCIS (Netherlands)

    Kolk, A.; van Tulder, R.; Kostwinder, E.

    2008-01-01

    The potential contribution of companies as partners in furthering development objectives is frequently mentioned, but has received limited research attention. What has also remained unclear is to what extent companies can play such a role via the various individual and collaborative means available

  7. Small business development for molecular diagnostics.

    Science.gov (United States)

    Anagostou, Anthanasia; Liotta, Lance A

    2012-01-01

    Molecular profiling, which is the application of molecular diagnostics technology to tissue and blood -specimens, is an integral element in the new era of molecular medicine and individualized therapy. Molecular diagnostics is a fertile ground for small business development because it can generate products that meet immediate demands in the health-care sector: (a) Detection of disease risk, or early-stage disease, with a higher specificity and sensitivity compared to previous testing methods, and (b) "Companion diagnostics" for stratifying patients to receive a treatment choice optimized to their individual disease. This chapter reviews the promise and challenges of business development in this field. Guidelines are provided for the creation of a business model and the generation of a marketing plan around a candidate molecular diagnostic product. Steps to commercialization are outlined using existing molecular diagnostics companies as learning examples.

  8. What Happens To International New Ventures beyond Start-up

    DEFF Research Database (Denmark)

    Turcan, Romeo V.; Juho, Anita

    2014-01-01

    ventures: strategic experimentation, tensions in organizational gestalt, and legitimacy lies. We conjecture that international new ventures do not reach a made-it point if they only manage to develop substantive capabilities to produce desired outputs at various levels within the venture, but fail...

  9. Overview of physician-hospital ventures.

    Science.gov (United States)

    Cohn, Kenneth H; Allyn, Thomas R; Rosenfield, Robert H; Schwartz, Richard

    2005-01-01

    An ongoing environment of reimbursement lagging behind escalating expenses has led physicians to explore new sources of revenue. The goal of physician-hospital ventures is to create a valuable entity that benefits patients, physicians, and the hospital. Physicians may choose to invest in healthcare facilities to improve patient care and obtain increased control over daily operations. If so, they should seek counsel to avoid violating Stark laws and anti-kickback laws. Modalities for investing in physician-hospital ventures are joint equity (stock) ventures, participating bond transactions (PBTs), and contractual integration, a new method to align the goals of specialists and hospital management without using joint equity ventures. Physicians and management should invest time in developing a shared vision of the future before beginning contract negotiations. Successful partnering requires transparency and stepwise building of trust. The greatest gain in joint ventures arises when both sides become active owners, rather than passive investors.

  10. IMPROVEMENT OF SMALL BUSINESS CREDIT IN RUSSIA

    OpenAIRE

    Klimova N. V.; Shapovalova G. I.

    2015-01-01

    Small business is the basis for the development of the national economy, providing 60% of revenues in foreign countries. In Russia, this sector is developing slowly due to lack of funding. In connection with the development of small business, lending is growing in popularity in this sphere. The state develops a variety of programs to support small businesses in the form of public and private lending institutions, venture capital funds, credit unions. However, the volume of lending to small bu...

  11. A JOINT VENTURE MODEL FOR ASSESSMENT OF PARTNER CAPABILITIES: THE CASE OF ESKOM ENTERPRISES AND THE AFRICAN POWER SECTOR

    Directory of Open Access Journals (Sweden)

    Y.V. Soni

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: This article investigates the concept of joint ventures in the international energy sector and develops a joint venture model, as a business development and assessment tool. The joint venture model presents a systematic method that relies on modern business intelligence to assess a potential business venture by using a balanced score card technique to screen potential partners, based on their technological and financial core capabilities. The model can be used by business development managers to harness the potential of joint ventures to create economic growth and sustainable business expansion. Furthermore, partnerships with local companies can help to mitigate econo-political risk, and facilitate buy-in from the national governments that are normally the primary stakeholders in the energy sector ventures (directly or indirectly. The particular case of Eskom Enterprises (Pty Ltd, a wholly owned subsidiary of Eskom, is highlighted.

    AFRIKAANSE OPSOMMING: Hierdie artikel ondersoek die begrip gesamentlike onderneming in die internasionale energiesektor en ontwikkel 'n gesamentlike-onderneming-model as 'n sake-ontwikkeling- en takseermodel. Die gesamentlike-onderneming-model bied 'n stelselmatige metode wat op moderne sake-intelligensie staat maak om 'n potensiële sake-onderneming op grond van die tegnologiese en finansiële kernvermoëns daarvan te takseer deur 'n gebalanseerdepuntekaart-tegniek te gebruik. Die model kan deur sake-ontwikkelingsbestuurders gebruik word om die potensiaal van gesamentlike ondernemings in te span om ekonomiese groei en volhoubare sake-uitbreiding daar te stel. Verder kan venootskappe met plaaslike maatskappye help om die ekonomiese risiko te verminder en inkoop te vergemaklik van die nasionale regerings wat gewoonlik die primêre belanghebbendes in die energiesektorondernemings is (hetsy regstreeks of onregstreeks. Die besondere geval van Eskom Enterprises (Edms Bpk, 'n vol filiaal van Eskom

  12. The steps to forming a joint venture IPP in Poland

    Energy Technology Data Exchange (ETDEWEB)

    Allen, Z.; Colligan, M.J.

    1998-07-01

    Poland represents the largest market in Central Europe with 38 million people and an installed electrical generating capacity of about 32 gigawatts. Since 1989, when the process of governmental restructuring along free market principals began, the allure to IPP developers has been evident, but is of yet unrealized. The natural model for IPP development in Poland would seem to be joint ventures with Polish generating companies. These enterprises already have sites, franchises, and a going business to contribute to a joint company. There are a number of reasons why so few deals have been concluded in Poland to date, and a number of barriers still exist that tend to hamper the realization of project finance funded power joint ventures. But, these barriers are not insurmountable. Overcoming them in the context of a joint venture relationship with a domestic partner requires patience, work, and an ability to bridge the gaps between the realities of working in a post-Communist environment and the practicalities of structuring projects that can be financed in the international capital markets. The new Energy Law in Poland establishes a framework for a viable private sector power generation business. But the enabling regulations are yet to be published or approved. There is still effective political risk on account of the uncertainty this creates. Pressure is mounting on the Polish Government, especially due to its expressed interest in joining the EU, to get the power sector to operate on private sector terms, if not in private hands. The trends are pointing in the direction of increased market driven policies and practices. The conclusion is that, despite the delays of the past, independent power projects will start to happen in Poland on a joint venture basis, with increasing frequency in the next years.

  13. Chart Venture Partners' perspective on dual-use CBRNE technologies

    Science.gov (United States)

    Van Nice, C. S.; Gardner, P. J.

    2008-04-01

    Chart Venture Partners' (CVP) approach to investing in Chemical, Biological, Radiological, Nuclear, and Explosives (CBRNE) detection technologies can be best understood in the context of the unique partnership between the firm's two founding institutions. CVP was founded as a partnership between the Chart Group, a New York-based merchant banking and venture capital boutique, and InSitech Incorporated, a 501(c)(3) non-profit commercial partnership intermediary for the U.S. Army's Armament Research Development and Engineering Center (ARDEC) at Picatinny Arsenal in New Jersey. The partnership between Chart Group and Insitech has yielded a new investment model. Unlike most venture funds, CVP operates with a singular focus on early-stage defense and security technologies, with the important caveat that everything we invest in must also have dual-use application in large-scale commercial markets. CVP believes that early-stage CBRNE companies require five qualities to be viable investment candidates and successful start-up companies: Great Science, Strong IP Positions, Recognized Scientific Champions, Identified Dual-Use Market Pull, and "Real World" Technical Performance Data. When earlystage CBRNE companies decide to seek venture capital and pursue higher growth dual-use business models, we often find that certain issues arise that are not always fully contemplated at the outset, and that can create gaps between what the start-up companies are offering to investors and what those investors are seeking from their potential portfolio companies. These same issues can have significant positive or negative impact on shareholder value over time, depending on how they are managed. Specifically, startups should consider carefully their strategies related to business development, market positioning, government funding, and investment syndicate formation.

  14. The significance of psychology and environment dimensions for Malaysian Muslim women entrepreneurships venturing

    OpenAIRE

    Norudin bin Mansor; Azman Bin Che Mat

    2010-01-01

    The decision to venture into business is relatively differ from each entrepreneur. Some are attracted to the pulling factors while others may be geared based on pushing factors. However the significant of the venturing success are believed to be as a result of inner psychological drive that mobilized their energy to venture into business related sectors. Thus this paper attempts to empirically discuss the effect of psychological and environmental factors in encouraging women to be in business...

  15. Brand development: institutional contraints on Chinese businesses

    NARCIS (Netherlands)

    Hollows, J.; Clegg, S.R.

    2006-01-01

    Purpose This paper addresses the reasons why Chinese businesses have long been identified as subordinate to world-class brand owners; why “global” own brand developments are considered to be beyond their competence. Design/methodology/approach In this paper, we use an institutional perspective to

  16. Knowledge management challenges in new business development

    NARCIS (Netherlands)

    Berends, J.J.; Vanhaverbeke, W.P.M.; Kirschbaum, R.

    2007-01-01

    This paper's focus is on the knowledge management challenges that come along with technology-based new business development (NBD). NBD thrives upon the exploration of knowledge, under radical uncertainty. Furthermore, existing knowledge may both enable and constrain the radical innovation process.

  17. Business Schools and Corporate Management Development.

    Science.gov (United States)

    Beeby, Mick; Jones, Warwick

    1997-01-01

    Responses from 97 managers in southwest England indicated the following: the marketplace is increasingly competitive and demanding; key goals of management development are competitive advantage and demonstrable return; managers need leadership and change, personal, and strategic management skills; and selection of a business school or other…

  18. Business Problems Encountered when Developing an Own ...

    African Journals Online (AJOL)

    The purpose of this paper is to examine the macroeconomic environment of the poorest areas in Namibia, the Caprivi and Kavango regions, and to empirically investigate the problems experienced in developing an own business, specifically in the two largest towns Katima Mulilo and Rundu. First, a macroeconomic ...

  19. Sustainable Venture Capital Investments: An Enabler Investigation

    Directory of Open Access Journals (Sweden)

    Elena Antarciuc

    2018-04-01

    Full Text Available Investing in sustainable projects can help tackle the current sustainability challenges. Venture capital investments can contribute significantly to the growth of sustainable start-ups. Sustainable venture capital (SVC research is just emerging. This paper identifies enablers for sustainable venture capital investments in Saudi Arabia taking into account different stakeholders and firm’s tangible and intangible resources. Using perspectives from venture capital experts in Saudi Arabia and the grey-based Decision-Making Trial and Evaluation Laboratory (DEMATEL method, this study pinpoints the most critical enablers and investigates their causal and effect interconnections. The methodological process consists of reviewing the SVC literature and consulting the experts to identify the SVC enablers, creating a questionnaire, acquiring the answers from four experts, analyzing the data with grey-based DEMATEL and performing a sensitivity analysis. The government use of international standards, policies and regulations for sustainable investments, the commitment of the venture capitalists to sustainability and their deep understanding of sustainable business models are the most influential enablers. The paper concludes with implications for different actors, limitations and prospective directions for the sustainable venture capital research.

  20. Globalizing High-Tech Business Models

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2012-01-01

    resources and behavioral patterns. Two sources could be identified that effect these tensions, namely strategic experimentation and business model experimentation. For example, entrepreneurs are trying to ease the tensions in the organizational gestalt as a result of a change in the business model...... and growth path. To internationalize, international new ventures have to develop a product-led business model as services do not travel. Opting to attract venture capital, entrepreneurs are to deal with dyadic tensions that are the result of differences in entrepreneurs’ and VCs’ goals and measures...

  1. Forming a multinational joint venture

    International Nuclear Information System (INIS)

    Bhatia, N.K.; Garb, R.H.; Statton, T.D.

    1990-01-01

    This paper discusses the basis and mechanics for forming a multinational joint venture. The topics of the paper include the motivations for a joint venture, selection of the appropriate co-venturer, management of the multinational joint venture, and the joint venture agreement. The authors state that a joint venture is not applicable or desirable in all instances and to be successful, must be carefully planned

  2. Economic analysis of venture capital funds rate of return on venture activity

    Directory of Open Access Journals (Sweden)

    Usatenko O.V.

    2017-08-01

    Full Text Available The research deals with the topic of the analysis of venture capital funds’ rate of return on venture activity. The discovered venture capital funds have such a peculiarity as the involved investors of various types and concentrated financial resources, which lead to advantages in investing. Based on the analyzed scientific approaches to the evaluation of income rate met by various economic entities the paper determines the optimal indicators of such an analysis developed due to the article research. They are supposed to improve significantly the process of making decisions on venture capital investments. The author suggests to evaluate venture capital funds rate of return on venture activity by means of the basic four indicators usually employed for investment efficiency definition: net profit, internal rate of return, return period and return index. The research presents the examination of rates of return on venture activity of venture capital funds being controlled by a single asset management company. Thus, one can estimate not only the rate of return on venture activity, but also the efficiency of control taken by an asset management company.

  3. Gulf Canada's Russian joint venture

    International Nuclear Information System (INIS)

    Motyka, D.

    1992-01-01

    After three years of evaluating prospects and negotiating with government and industry representatives, Gulf Canada established its first joint venture in the Russian Federation with Komineft, a production association from the Komi autonomous republic. Komineft has a 50% share of the venture, and the rest is shared equally between Gulf and British Gas. The operating area is at the Vozey and Upper Vozey fields in the Timan-Pechora Basin, some 1,500 km northeast of Moscow just inside the Arctic Circle. An attractive feature of the Upper Vozey project is low development costs of ca $2/bbl. In the Vozey field, the venture will set up an enhanced oil recovery demonstration project to test techniques perfected in Alberta. About 60 Canadians are involved on the project, and headquarters are in Usinsk, ca 100 km south of the oil fields. In the first half of 1992, oil production in the first phase of the venture averaged around 10,000 bbl/d and continues to increase

  4. Developing Strategic Thinking in Business Education

    Directory of Open Access Journals (Sweden)

    Contantin BRĂTIANU

    2015-09-01

    Full Text Available The new business environment becomes more and more turbulent with rapid and unpredictable changes. Operational management focusing on present issues and profit maximization is not able to look into the future and anticipate market dynamics. Companies need to develop strategic management as an overarching framework able to search into the future and construct strategies for achieving a competitive advantage. That needs a new way of thinking and decision making. The core of that process is strategic thinking. The purpose of this paper is to analyze the content of strategic thinking and to investigate how it is developed in business education. I shall analyze the content of strategic thinking using a metaphorical approach and considering a spectrum of monochromatic thinking models based on some determinant features. For the second part I performed a survey based on a questionnaires addressed to 5000 students enrolled in undergraduate and graduate programs of economics and business from the main schools of economic sciences in Romania. The questionnaire contains 47 items able to reveal the dimensions of the strategic thinking pattern we consider of being significant for the managers in this new knowledge economy. Results show the need for improving the content of business education curriculum, and the teaching approach.

  5. MeProRisk - a Joint Venture for Minimizing Risk in Geothermal Reservoir Development

    Science.gov (United States)

    Clauser, C.; Marquart, G.

    2009-12-01

    Exploration and development of geothermal reservoirs for the generation of electric energy involves high engineering and economic risks due to the need for 3-D geophysical surface surveys and deep boreholes. The MeProRisk project provides a strategy guideline for reducing these risks by combining cross-disciplinary information from different specialists: Scientists from three German universities and two private companies contribute with new methods in seismic modeling and interpretation, numerical reservoir simulation, estimation of petrophysical parameters, and 3-D visualization. The approach chosen in MeProRisk consists in considering prospecting and developing of geothermal reservoirs as an iterative process. A first conceptual model for fluid flow and heat transport simulation can be developed based on limited available initial information on geology and rock properties. In the next step, additional data is incorporated which is based on (a) new seismic interpretation methods designed for delineating fracture systems, (b) statistical studies on large numbers of rock samples for estimating reliable rock parameters, (c) in situ estimates of the hydraulic conductivity tensor. This results in a continuous refinement of the reservoir model where inverse modelling of fluid flow and heat transport allows infering the uncertainty and resolution of the model at each iteration step. This finally yields a calibrated reservoir model which may be used to direct further exploration by optimizing additional borehole locations, estimate the uncertainty of key operational and economic parameters, and optimize the long-term operation of a geothermal resrvoir.

  6. KNOWLEDGE MANAGEMENT CHALLENGES IN NEW BUSINESS DEVELOPMENT

    DEFF Research Database (Denmark)

    Jensen, Ole Kjeldal; Ahmed-Kristensen, Saeema; Jensen, Nevena

    2011-01-01

    The empirical study this paper is based upon, aimed to identify and describe knowledge management challenges, throughout the new business development process. This paper reports findings from the study, as well as the framework used for analysing the KM challenges, which can be applied to other...... in the early phases. Furthermore, two new roles of the early phase, besides instigating projects, were found. This study contributes to the development of support tools for knowledge management in industry and to research with a deeper understanding of the new business development process....... case studies for comparison. Six interviews and 2 full-day workshops, gathering the perspectives of 76 people from an energy-utilities company forms the empirical background of the study. Six categories of knowledge management challenges were identified and, within each, central issues were extracted...

  7. GOVERNMENT INTERVENTIONS IN THE VENTURE CAPITAL MARKET HOW JEREMIE AFFECTS THE HUNGARIAN VENTURE CAPITAL MARKET?

    Directory of Open Access Journals (Sweden)

    Fazekas Balazs

    2014-07-01

    Full Text Available JEREMIE (Joint European Resources for Micro to Medium Enterprises program was implemented as a part of the EU cohesion policy in the framework of 2007-2013 programming period. The primary objective of the program was to enhance the financing prospects of SME’s through structural funds that provide financial engineering instruments like loan, guarantee and venture capital. This paper focuses on the effects of JEREMIE on Hungary’s venture capital market. Since 2010, 28 JEREMIE backed venture capital funds were founded in four rounds and 130 billion HUF capital was allocated into these funds with the contribution of Hungarian government. A well-established venture capital market can boost entrepreneurship and innovation, therefore economic growth which is the foundation of government involvement. On the other hand, there is an extensive literature highlighting the limits and possible drawbacks of the active role of public sector in the venture capital market. There is a consensus in the literature that in the long run the extensive role of government in venture capital industry is counterproductive. Substituting market participants by government agencies will hardly result in a competitive and efficient market. However, temporarily as a catalyst public sector can contribute to the development of venture capital market. Direct government intervention supportable temporarily only in the infancy of the industry. The primary objective of every program must be to develop the market to the level where it becomes self-sustaining. This way the success of these programs must not be measured only by the amount of invested capital, financial performance of venture capital funds and venture capital backed companies. Raising private sector awareness and the progress of necessary institutions are also the criteria of a successful program. During the design and implementation of venture capital agendas these aspects must be taken into consideration. This

  8. The Analysis of Development in Lithuanian Economy and Business

    OpenAIRE

    Jakutis, Algirdas

    2006-01-01

    In this article development tendencies of Lithuanian economy and business are analyzed. The paper examines the most important causes of gross domestic product changes since restoration of Lithuania's independence. Processes of privatization, their influence on business are analyzed. A brief analysis of development trends of small and medium-sized business in presented. Business development process is analyzed, technological indicators suggested. The article considers business financing issues...

  9. Methods Dealing with Complexity in Selecting Joint Venture Contractors for Large-Scale Infrastructure Projects

    Directory of Open Access Journals (Sweden)

    Ru Liang

    2018-01-01

    Full Text Available The magnitude of business dynamics has increased rapidly due to increased complexity, uncertainty, and risk of large-scale infrastructure projects. This fact made it increasingly tough to “go alone” into a contractor. As a consequence, joint venture contractors with diverse strengths and weaknesses cooperatively bid for bidding. Understanding project complexity and making decision on the optimal joint venture contractor is challenging. This paper is to study how to select joint venture contractors for undertaking large-scale infrastructure projects based on a multiattribute mathematical model. Two different methods are developed to solve the problem. One is based on ideal points and the other one is based on balanced ideal advantages. Both of the two methods consider individual difference in expert judgment and contractor attributes. A case study of Hong Kong-Zhuhai-Macao-Bridge (HZMB project in China is used to demonstrate how to apply these two methods and their advantages.

  10. Multilingualism as a Business Development Factor

    Directory of Open Access Journals (Sweden)

    Julija Moskvina

    2014-03-01

    Full Text Available Globalisation and rapidly changing economic environment force businesses to look for new survival or development strategies, fight for new markets, and adapt to turbulent circumstances. Access to new countries and expansion to new markets increasingly determine success and affect the overall economic development. Such factors as growing volumes of export and import, increasing tourism flows, and intensifying international territorial mobility increase people‘s motivation to learn foreign languages. Such knowledge not only extends conditions of economic operation, but also increases the efficiency and reliability of communication (for example, facilitates the acquisition of foreign organizational culture. Therefore, it can be concluded that the processes of economic globalisation increases the need for foreign languages as well as the value of linguistic skills. On the other hand, the dominant position of the English language in the world continues to be strengthened; English is widely considered as the international language of communication. However, as English is treated as a norm, other languages become even more significant. This article presents the business survey data from the “Language Rich Europe” project. The data confirm the predominance of the English language in corporate internal and external communication across European countries. However, the collected data show the growing importance of non-EU languages for businesses. The macro-economic context of the use of different languages in the business sector is presented in this paper as well as conclusions on the interconnection between economic trends and the need for language skills in the import-export and tourism-focused businesses. The article is based on the project “Language Rich Europe” data (www.language-rich.eu.

  11. Selling Knowledge? R&D Soothsayers and High Priests of Venture Capital Are in the Temple of the Academy.

    Science.gov (United States)

    Earls, Alan Robert

    2001-01-01

    Discusses the commercialization of academic research at New England's colleges and universities. Describes the origins of the trend, the region's leadership in research funding, the role of venture capital and business incubators in academic research, and the long-term impacts. Includes tables of research and development spending and patents…

  12. U.S. tax policies distorting economics of exploration, development ventures

    International Nuclear Information System (INIS)

    Goodman, C.G.

    1991-01-01

    Since the Tax Reform Act of 1986, crude oil production in the United States has declined over 1.5 million b/d despite interim price increases of over 100%. Exploration and development in the U.S., measured by the drilling rig count, footage drilled, reserves replaced, and seismic crew activity, remain near record lows. Two major factors determine the level of U.S. crude oil production: the price of crude oil and the expected return on investments to find and produce new reserves. This article discusses the impact of the U.S. take (tax and fiscal) system generally, and the alternative minimum tax (AMT) system specifically on new investments to find and produce crude oil in the U.S. Over the last 20 years, important policy concerns have motivated U.S. tax reform. Yet its impact on the petroleum resource base of the country was never fully anticipated. The U.S. tax reform movement dramatically and adversely changed the time within which new oil and gas investments can be recovered. In the process, America's new capital recovery policies have produced both regressive and anticompetitive impacts. The charts presented in this article demonstrate these impacts as crude oil prices, revenues, or profitability decline and as the costs of production increase

  13. Business system: Sustainable development and anticipatory system

    Directory of Open Access Journals (Sweden)

    Vojko Potočan

    2002-01-01

    Full Text Available The existence and development of humankind depends mainly upon the co-ordinated operation of all areas and levels of human activity. However, in theory and in practice there is no model of operation, which would provide a harmonized and target oriented development. A partial solution is offered by sustainable development, which tries to define and carry out common goals of mankind with a harmonized implementation of human activities at all levels of its living and behaviour. Companies belong to central institutions of modern society which essentially co–create the sustainability of society. The company’s endeavour by simulation to prepare models of their goals concerning their internal and external environment. On the base of systemic treatment, we can define companies as business system, which can survive in a log-run only on the basis of sustainable development. The business system can also be supported by the application of the anticipatory systems. The anticipatory systems can be, in this sense, understood as an entity of the methodological approach, techniques and modes of work. Their characteristics have, a direct impact on the determination of goals, on the orientation of operation, and hence on the achievement of the business system results.

  14. Developing Strategic Thinking in Business Education

    OpenAIRE

    Contantin BRĂTIANU

    2015-01-01

    The new business environment becomes more and more turbulent with rapid and unpredictable changes. Operational management focusing on present issues and profit maximization is not able to look into the future and anticipate market dynamics. Companies need to develop strategic management as an overarching framework able to search into the future and construct strategies for achieving a competitive advantage. That needs a new way of thinking and decision making. The core of that process is stra...

  15. International New Venture Legitimation

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2013-01-01

    the process of their emergence. It is a longitudinal, multiple-case study research that employs critical incident technique for data collection, analysis and interpretation. Following theory driven sampling, five international new ventures were selected that were operating in the software sector in the UK......There is limited theoretical understanding and empirical evidence for how international new ventures legitimate. Drawing from legitimation theory, this study fills in this gap by exploring how international new ventures legitimate and strive for survival in the face of critical events during......, and had internationalized and struggled for survival during the dotcom era. Grounded in data, this study corroborates a number of legitimation strategies yielded by prior research and refutes others. It further contributes to our understanding of international new venture legitimation by suggesting new...

  16. Instant Internationalization of Emerging Economy New Ventures

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    2012-01-01

    Being positioned and the intersection of international entrepreneurship and institutional theory, this study explores the process of instant internationalization of new ventures from emerging economies. It adopts a single-case study methodology, purposefully selecting an information-rich case where...... context of an emerging industry. Yet another set of contributions concerns the legitimation process of internationalization of a new venture from an emerging economy. A number of propositions are put forward to guide future research....... the phenomenon is manifested intensely, but not extremely. A family-owned venture located in Moldova that is in the business of processing fruit and vegetables was selected for this study. It started up in 2000 and from its inception the sales from exports grew almost 120% per year. Data collection took place...

  17. Successful business process design. Business plan development for the occupational health services unit.

    Science.gov (United States)

    Kalina, C M; Fitko, J

    1997-02-01

    1. The occupational health nurse is often mandated by management to validate health services offered and programs developed for employees as valuable to the business and company mission. 2. The business plan of the occupational health service is a working document, changing as needs of the client/customer and internal and external business and socio-economic environment evolve. 3. Alignment with and support of the company mission, goals, and objectives is another method of proving good occupational health is good business. 4. Business planning is a basic business tool the wise and prudent occupational health nurse can use in proving good occupational health is vital to the success of a company.

  18. XP in a Small Software Development Business

    DEFF Research Database (Denmark)

    Babb, Jeffry; Hoda, Rashina; Nørbjerg, Jacob

    2014-01-01

    While small software development shops have trended towards the adoption of Agile methods, local conditions and high iteration pressure typically cause adaptations and appropriations of Agile methods. This paper shares evidence from a study concerning how a small software development company adopts...... and adapts, XP to suit their business. Based on a Dialogical Action Research project, the study reflects on the conditions leading to Agile process adaptation, and why ad hoc and “a la carte” approaches may be problematic. Limitations and drawbacks to aspects of XP are also discussed. The Agile practices...

  19. Business Development Management and Services Area

    International Nuclear Information System (INIS)

    2006-01-01

    The creation in ENSA of the new Business Development Management is meant to leverage ENSA's activities by taking advantage of the previous experience gained by the services area to have a much more active presence than before in both the national and international market for goods and services of the nuclear industry. The Management's activities go beyond the traditional, mature activity of large nuclear components manufacturing developed in ENSA since it was founded. This article details the activities of this new Management and its future projection. (Author)

  20. JOINT VENTURE UM ARCABOUÇO TEÓRICO SOBRE A ESTRATÉGIA ENTRE EMPRESAS

    Directory of Open Access Journals (Sweden)

    Kelen Renata Knopp Barroca Souza

    2015-03-01

    Full Text Available The joint venture talk about union of two or more business with common goals forming another independent business with a different team for take care about your own concern, that may partner member's capital or not. The present work had as goal: analyse the reasons that are influencing many business to choose joint venture, your importance for them, and the obtained results. the methodology used was the multicases study of business that adopt join ventures from analysis of documents, files, and administrative publications, and also having secondary sources as bibliographic researches consulting articles and books about the history of the subject, adopting the deductive method for the conclusion of joint venture project. We conclude that joint ventures can be advantageous for business, decreasing risks, increasing profits , making business involved in the alliance earn more space on market.

  1. Transportation Business Plan

    International Nuclear Information System (INIS)

    1986-01-01

    The Transportation Business Plan is a step in the process of procuring the transportation system. It sets the context for business strategy decisions by providing pertinent background information, describing the legislation and policies governing transportation under the NWPA, and describing requirements of the transportation system. Included in the document are strategies for procuring shipping casks and transportation support services. In the spirit of the NWPA directive to utilize the private sector to the maximum extent possible, opportunities for business ventures are obvious throughout the system development cycle

  2. Establishment and Development of Business Incubators

    OpenAIRE

    Teliceanu Claudiu Daniel

    2010-01-01

    Business incubators are established in order to help new businesses to consolidate and, consequently, to lead to creation of new jobs as part of a strategic framework - territorial oriented, or on a particular policy priority or a combination of these factors. The business incubator supports its customers to overcome the legislative, administrative barriers and thus to start much easier a business, by facilitating the business establishment process and their access to community support network.

  3. An Assessment of Business Competencies Needed by Business Education Students for Entrepreneurial Development in Nigeria

    Science.gov (United States)

    Binuomote, M. O.; Okoli, B. E.

    2015-01-01

    The paper examined the business competencies required by business education students for entrepreneurial development in Nigeria. To achieve the objective, two research questions and two hypotheses were formulated to guide the study. Survey design was adopted for the study. The population comprised 6002 business education students. Six hundred…

  4. Technical developments in international satellite business services

    Science.gov (United States)

    Tan, P. P.

    At the conception of International Satellite Business Services (ISBS), it was a primary objective to provide flexibility for accommodating a variety of service requirements which might be established by mutual agreement between users. The design guidelines are to ensure that the space segment is efficiently utilized, while other satellite services are protected from interference. Other considerations are related to an acceptable earth segment cost, maximum connectivity in worldwide services, the capability of growth and a reasonably smooth transition into future systems, and the maintenance of high performance objectives. Attention is given to a system overview, the characteristics of satellites for ISBS, and technological developments with some application possibilities for ISBS.

  5. Sustainable development strategy formation for business corporations

    Directory of Open Access Journals (Sweden)

    L. A. Zaporozhtseva

    2016-01-01

    Full Text Available The article explains the concept of the company sustainable development strategy based on its economic security level, which includes the economic security concept loss threat control; and the concept of company sustainable development based on the fact, that the company in a developed market should not only "defend", but also ensure its development. After it implementation of decomposition is applied to the system of strategic economic security through a balanced scorecard, which allows translating the mission and vision into a set of operational goals and targets. The main components of strategic economic security provision are: business processes, finance, contractors and staff; based on the state which economic security level is determined as: high, normal, low or critical. After that, the strategic prospects are set, i.e. transition from the lowest to the highest economic security level takes place, passing the economic security fields. In order to do this, certain company development strategy is selected, the mechanism for its implementation is being worked out. At the same time, company sustainable development strategy is identified in the case of a growth strategy use, which implies a transition from endogenous development strategy to introductive or introspective development strategy with further access to multi-integral development strategy. If there is inverse relationship, one can not speak of any sustainable development strategy. Besides, development, implementation and use of monitoring for the design process of the company's development strategy taking into account its economic security level acquires great importance.

  6. New Product Development and Business Strategy of Research and Development

    International Nuclear Information System (INIS)

    Lee, Sun Cheol

    1998-05-01

    The contents of this book are new product development strategy of the top business, commercialization and new product development, development case analysis and framework of new product development, investigation strategy for idea of new product development, case analysis of research as development and goal of new product development, case analysis and planning and management for new product development, innovative item development and technical management against confusion, the map for determination procedure of development, strategy of market and goods and development strategy cases in leading company.

  7. On the Development of Cultural Awareness in Business English Teaching

    Institute of Scientific and Technical Information of China (English)

    张楹

    2008-01-01

    Business English teaching is inseparable from culture teaching. Cultural awareness is of great importance in English teaching and learning. In order to improve students' communicative ability in business, we should attach importance to develop students' cultural awareness.

  8. Developing Export Management Competencies and Skills among Undergraduate Business Students.

    Science.gov (United States)

    Scharf, Fred; Bell, Jim

    2002-01-01

    Responses of 25 Northern Ireland business students who undertook client-sponsored projects in local businesses reported increased proficiency in conducting research, improved competence in export management, development of soft skills, and better ability to apply theory to practice. (SK)

  9. Business venture-analysis case study relating to the manufacture of gas turbines for the generation of utility electric power. Volume II. Private sector and public sector venture studies. Final report. [Use of coal gasifier with combined gas and steam system

    Energy Technology Data Exchange (ETDEWEB)

    Davison, W.R.

    1978-05-05

    Increasing national attention is being directed toward the search for clean, efficient, and reliable energy-conversion systems, capable of using abundant indigenous fuels such as coal, for generation of utility electric power. A prime candidate in this area is the combined gas and steam (COGAS) system employing a high-temperature gas turbine with a steam-turbine bottoming cycle, fed by a coal gasifier. This program demonstrates the use of a logical and consistent venture-analysis methodology which could also be applied to investigate other high-technology, energy-conversion systems that have yet to reach a state of commercialization but which are of significant interest to the U.S. Government. The venture analysis was performed by using a computer to model the development, production, sales, and in-service development phases of programs necessary to introduce new gas turbines in COGAS systems. The simulations were produced in terms of estimated cash flows, rates of returns, and risks which a manufacturer would experience. Similar simulations were used to estimate public-sector benefits resulting from the lower cost of power and improved environment gained from the use of COGAS systems rather than conventional systems. The study shows that substantial social benefits could be realized and private investment would be made by the gas-turbine manufacturers if an infusion of external funds were made during key portions of the gas-turbine development program. It is shown that there is substantial precedent for such public assistance to make possible economic and environmental benefits that otherwise would not be possible. 42 references.

  10. SUSTAINABLE DEVELOPMENT AND ECOLOGICAL RESPONSIBILITY OF BUSINESS

    Directory of Open Access Journals (Sweden)

    Viktoria Krykun

    2016-11-01

    Full Text Available Today sustainable development is a widely used term, which has been increasingly influential in recent years. Debates about sustainability no longer consider sustainability solely as an environmental concern, but also incorporate economic and social dimensions. However, while a social and economic dimensions of sustainable development are widely discussed, environmental degradation becomes more and more crucial each year and is likely to reduce human well-being all across the world within the next few decades. The purpose of the paper is to analyse ecological ‘pillar’ of sustainable development, its historical background, main steps towards implementation of ‘new global environmental rules for society. Methodology. The paper is based on statistical information from public sources, reports of different international organizations and institutions, which are used to stress and underline main crucial points of research. Results of the survey show, that environmental quality, economic development and social well-being are interdependent and the main aim of international institutions, independent countries, businesses and society is to achieve environmentally sustainable development. Environmental issues make strong impact on modern economy. Responsible global strategy of development provides the whole society with rules, how ‘wise’ technological changes and economic policy can make industrial production processes less polluting and less resource intensive but yet more productive and profitable. Practical implications. Strategy of sustainable development and it’s three basic dimensions have found practical implication in one complex model, which illustrates the level of development of each country – the Human Development Index, which is focusing on three basic dimensions of human development: life expectancy at birth, mean years of schooling and expected years of schooling and gross national income per capita. Another data, which is

  11. Business schools' international networks for faculty development

    OpenAIRE

    Pennarola F.

    2008-01-01

    Business schools are facing ever increasing internationalization: students are far less homogenous than before, faculty members come from different countries, and teaching is carried out in second (or even third) languages. As a result business schools and their teachers wrestle with new challenges as these changes accelerate. Teaching and Learning at Business Schools brings together contributions from business school managers and educators involved in the International Teachers Programm...

  12. Creativity Enhancement in Lithuanian Furniture Manufacturing Business According to International Business Development

    Directory of Open Access Journals (Sweden)

    Rita Zybartaitė

    2014-04-01

    Full Text Available This article analyzes Lithuanian furniture manufacturing business perceptions towards creativity, and creativityenhancement behavior according to its international development. Firstly article focuses on international business development,substantiate need of creativity for international business development, outline creativity influencing factors which operateat individual, team and organizational levels and recommendations how to enhance creativity in methodical way. Secondly,article describes a problem of empirical research, methodology of used methods and instruments, and presents results of surveyresearch.

  13. Development of the mechanical engineering complex on the basis of the improvement of large and small businesses relations

    Directory of Open Access Journals (Sweden)

    Sokolova Svetlana

    2017-01-01

    Full Text Available Condition, pace and character of the development of the mechanical engineering complex is in many aspects a crucial factor for the social and economic situation of any country. The development of market relations, changes of the conditions of doing business encourage the enterprises to search new managerial methods and to improve the interaction forms. In this respect the display of the peculiarities of the interaction of large machine engineering enterprises and small business in this sphere and also the assessment of the relationship of their development is an important and crucial issue under modern conditions. The most widely spread forms of the cooperation of large scale mechanical engineering enterprises and small businesses of the industry are: outsourcing, franchising, leasing, subcontracting, venture financing, creation of regional forms of the cooperation of large and small firms. However cooperation processes of large scale and small entrepreneurship in Russia are not properly developed. The authors determine the factors hindering the growth of the machine building industry, suggest the recommendations for the development of the large scale enterprises and small business in the industry, substantiate the role of the government in this process. Besides the mechanism of the state support of the development of small business is described.

  14. Developing Instructional Materials for Business Japanese.

    Science.gov (United States)

    Koike, Shohei

    Business Japanese should be the study of Japanese language and culture for business communication and should include values and beliefs and institutional constraints on which the Japanese act as well as business etiquette and terminology. Topics to be covered in instruction will vary depending on the role (seller, buyer, or colleague) played by…

  15. Developing versus developed companies in Business Excellence initiatives

    DEFF Research Database (Denmark)

    Haffer, Rafal; Kristensen, Kai

    2008-01-01

    The paper reports the advance of Polish companies in Business Excellence initiatives. It indicates how these activities influence their performance. EFQM Excellence Model indicators are used as the evaluation criteria for the study. The performance variable is introduced to ensure the calculation...... of correlations between EFQM model indicators and performance results. The data are next estimated as a structural equation model by partial least squares using SmartPLS software (Ringle et al., 2005). That estimation is conducted on the model of the Danish Business Excellence Index methodology (Kristensen et al...... results from the Business Excellence Model as a proxy for actual financial results in Poland. Data and results from a similar study done in Denmark are also described; thus, a comparison between developing Polish companies and developed Danish ones is included. Poland and Denmark are used as cases of...

  16. Business models for model businesses: Lessons from renewable energy entrepreneurs in developing countries

    International Nuclear Information System (INIS)

    Gabriel, Cle-Anne; Kirkwood, Jodyanne

    2016-01-01

    Against the background of mounting research suggesting entrepreneurship as a means of increasing the uptake of renewable energy technologies (RETs) in developing countries, this paper presents the findings of an exploratory investigation into the business models used by renewable energy entrepreneurs in such countries. Forty-three entrepreneurs were interviewed in 28 developing countries and secondary information about country and regional conditions was analysed. We chose the Business Model Canvas as an analytical tool and the findings shed new light on established renewable energy business types. Three different types of businesses were identified – Consultants, Distributors, and Integrators; yet, there is also some overlap between these types. These business types appeared to parallel the life cycle progression of the business, but this requires further research. A key component of the study was to assess whether the types of businesses were related to country-level conditions to assess the impact of regional differences. These comparisons revealed consistencies between country-level characteristics and the entrepreneurs’ choice of business model. Conclusions suggest that different regions may support certain business models more than others due to differing levels of government interest in renewables, governance and policy support and the relative ease of doing business. - Highlights: •Business model canvas used to analyse renewable energy entrepreneurs’ businesses. •Consultants, distributors and integrators are the main business models used. •Business model characteristics are related to country and regional conditions. •Entrepreneurs in least favourable policy environments likely to be Consultants. •Energy entrepreneurship policy should focus on promoting specific business models.

  17. United States -- Mexican joint ventures: A case history approach

    Energy Technology Data Exchange (ETDEWEB)

    Moore, N.L.; Chidester, R.J.; Hughes, K.R.; Fowler, R.A.

    1993-03-01

    Because the Mexican government has encouraged investment in Mexico by increasing the percentage of ownership of a Mexican business that a US company can hold, joint ventures are more attractive now than they had been in the past. This study provides preliminary information for US renewable energy companies who are interested in forming a joint venture with a Mexican company. This report is not intended to be a complete reference but does identifies a number of important factors that should be observed when forming a Mexican joint venture: (1)Successful joint ventures achieve the goals of each partner. (2)It is essential that all parties agree to the allocation of responsibilities. (3)Put everything in writing. (4)Research in depth the country or countries in which you are considering doing business.

  18. TENDENCY OF IMPROVEMENT ANALYSIS OF VENTURE ACTIVITY FOR MANAGEMENT DECISIONS

    Directory of Open Access Journals (Sweden)

    G.Yu. Iakovetс

    2015-03-01

    Full Text Available The questions concerning the definition of current trends and prospects of venture financing new innovative enterprises as one of the most effective and alternative, but with a high degree of risk financing sources of the entity. The features of venture financing that is different from other sources of business financing, as well as income from investments of venture capital can greatly exceed the volume of investments, but at the same time such financing risks are significant, so it all makes it necessary to build an effective system of venture capital investments in the workplace. In the course of the study also revealed problems of analysis and minimization of risks in the performance of venture financing of innovative enterprises. Defining characteristics analysis and risk assessment of venture financing helps to find ways to minimize and systematization, avoidance and prevention of risks in the performance of venture capital. The study also identified the major areas of improvement analysis of venture capital for management decisions.

  19. The post-formation management of international joint ventures

    DEFF Research Database (Denmark)

    Dao, Li

    2014-01-01

    International joint venture (IJV) is not a new organizational phenomenon in international business. Existing research in IJVs has provided a well-established body of knowledge informing much of the joint venture process from parent firms’ strategic consideration to implementation phase...... a sensemaking approach to IJV post-formation management in search of capturing such ‘soft’, invisible managerial processes in a visible conceptualization that contributes to a better understanding of this complex organizational phenomenon. Empirical insights from cases of Danish – Vietnamese joint ventures...

  20. JOINT VENTURE: STRATEGY TO OBTAINTHE MANAGERIAL COMPETITIVENESS IN PERU

    OpenAIRE

    Maguiña F., Raúl

    2014-01-01

    This article proposes a managerial competitiveness strategy using the Joint- Venture enterprise, rising out of alliances linking business units, by analizing its making-up process through legal and clear compromise requirements, framed within the peruvian law, and with the purpose of getting feasibility of various investment projects, in any production sector in our country. El artículo propone una estrategia de competitividad empresarial utilizando el joint venture, a partir de alianzas q...

  1. Issues and Challenges on Venturing into Facebook Commerce

    OpenAIRE

    Caroline Sumathi; Manimekalai Jambulingam; Gobindran Raj Rajagopal

    2015-01-01

    The study examines the challenges encountered by small entrepreneurs when venturing into Facebook commerce. Social media has revolutionized not only our daily lives, but also the business world. This study involved 50 small entrepreneurs and adopted mixed method of quantitative and qualitative designs to collect data. The study revealed that lack of IT knowledge and set of cost significantly affected the respondents ‘decision to venture into Facebook commerce. However, many small entrepreneur...

  2. Campus/Industry Joint Ventures.

    Science.gov (United States)

    McDonald, Eugene J.

    1985-01-01

    Opportunities for joint economic ventures of colleges and industry are discussed, and a variety of ventures undertaken by Duke University are outlined, including a health club, hotel, and office building. Tax and financing considerations are noted. (MSE)

  3. Developing a Business Model for Lappeenrannan Teatterikiinteistö Oy

    OpenAIRE

    Korhonen, Kati

    2015-01-01

    This thesis develops a business model for a real estate company and a subsidiary of the City of Lappeenranta. The case company is relatively new and has not yet started its business operations. Lappeenranta city theatre will be situated in this real estate and the theatre location is unique in Finland and worldwide. The research problem was defined in the following way: What are the available business model options for a real estate company starting its business. Which of the available option...

  4. Does Venture Capital Spur Innovation?

    OpenAIRE

    Samuel Kortum; Josh Lerner

    1998-01-01

    While policymakers often assume venture capital has a profound impact on innovation, that premise has not been evaluated systematically. We address this omission by examining the influence of venture capital on patented inventions in the United States across twenty industries over three decades. We address concerns about causality in several ways, including exploiting a 1979 policy shift that spurred venture capital fundraising. We find that the amount of venture capital activity in an indust...

  5. The meaning of venture capital for financing small scale entrepreneurship

    OpenAIRE

    Robnik, Lidija

    2015-01-01

    Due to the appearance of new knowledge and managerial approaches, entrepreneurship has developed substantially and the career of the entrepreneur has become more attractive. Venture capital has become an important source for financing the growth of small enterprises. Venture capital funds are a form of financing intended for prospective dynamic companies that cannot obtain financing from banks. Venture capital takes the form of proprietary capital since it enters the company as a co-owner for...

  6. The Determinants of Venture Capital Portfolio Size: Empirical Evidence

    OpenAIRE

    Douglas J. Cumming

    2006-01-01

    This paper explores factors that affect portfolio size among a sample of venture capital financing data from 214 Canadian funds. Four categories of factors affect portfolio size: (1) the venture capital funds' characteristics, including the type of fund, fund duration, fund-raising, and the number of venture capital fund managers; (2) the entrepreneurial firms' characteristics, including stage of development, technology, and geographic location; (3) the nature of the financing transactions, i...

  7. The dual role of external corporate venturing in technological exploration

    DEFF Research Database (Denmark)

    Li, Ying; van de Vrande, Vareska; Vanhaverbeke, Wim

    2009-01-01

    Innovating firms can not only explore new technologies from its innovation partners, but also explore new technologies from the organizations to which the innovating firm has had no prior relationships. Prior studies have mostly focused on a firm's exploratory learning from its venturing partners...... ("exploration from partners" or "EFP"). There has been little insight on how external corporate venturing may affect the exploratory learning beyond the venturing partnerships ("exploration beyond partners" or "EBP"). We claim that prior venturing relations have a dual role: First, the innovation firm can learn...... from knowledge embedded in its partners. Second, it can also learn from through its partners about knowledge developed by other firms or organizations with whom the innovating firm had no external venturing relations before. In this paper, we are interested how external corporate venturing partnerships...

  8. Business Model Prototyping – Using the Morphological Analysis to Develop New Business Models

    OpenAIRE

    Seidenstricker, Sven; Scheuerle, Stefan; Linder, Christian

    2014-01-01

    Practice has shown that new businesses have managed to change the structure of market sectors and to open positions of power by business model innovation. Often, the origin was new technological possibilities, innovative products, changes in the supply chain management, optimized cost structures or unique resources. Regarding strategic marketing and innovation management, it now is interesting how such potentials can be unlocked and implemented in business model innovations. Here, development...

  9. New money, new problems : A qualitative study of the conflicts between venture capitalists and entrepreneurs in Sweden

    OpenAIRE

    Li, Juan; Abrahamsson, Jan Tony

    2011-01-01

    New ventures started by entrepreneurs need access to the right amount of financial resourcesin order to grow and expand businesses. Venture capital financing and partnerships withventure capital firms is a common route for entrepreneurial companies to acquire the neededfinancing for growing the venture, which in turn benefits a country’s economy as a whole.The partnership between the venture capital firm and the entrepreneur may involve conflicts,due to different goals and objectives towards ...

  10. Developing a retail energy service business

    International Nuclear Information System (INIS)

    Pleckaitis, A.J.

    1998-01-01

    Opportunities in the retail energy market and some of the steps that Consumersfirst Ltd. plans to take to carve out an appropriate niche for itself in what is expected to be a fiercely competitive deregulated energy market in Ontario are discussed. The major components of Consumersfirst Ltd's (Canadian division of IPLE's retail energy services), are a multi-faceted energy strategy, featuring unbundling Consumers Gas, acquisition of complementary enterprises such as e.g. HVAC contractors, investigation of green energy opportunities, and alliances and joint ventures with companies providing complementary services, such as e.g. Hydro-Quebec. The critical success factors, as always, are understanding customer needs, defining clear and differentiated value propositions, delivering on promises, selecting the right people for the job, and taking the longer-term view. Most important of all is to realize that there is no proven or single 'end state' model as markets are constantly evolving. figs

  11. BUSINESS DEVELOPMENT STRATEGY FOR SPECIALTY COFFEE

    Directory of Open Access Journals (Sweden)

    Vharessa Aknesia

    2015-01-01

    Full Text Available Specialty coffee is a coffee of premium quality that has been made through various stages of post-harvest processing and strictly controlled to produce distinctive taste of origins. PT Sinar Mayang Lestari is one of the companies that currently produce and develop specialty coffee type, Arabica Java Preanger. The objectives of the study are to examine competitive advantages and develop an alternative strategy that need to be done by PT Sinar Mayang Lestari for their business development. The research methods used are value chain analysis and VRIO framework to explore competitive advantage owned by the company. The result shows the company currently has a temporary competitive advantage of the technological resources and reputation. By using SWOT-AHP technique, the alternative strategies that can be done by company are as follows: 1 increasing the production of natural and honey coffee  type; 2 building coffee center in plantation site for sharing knowledge and innovation media to the farmers; 3 improving the competency of human resource in plantation, post harvest, and promoting area; 4 building management system gradually 5 forwarding integration by building roast and ground coffee business; and 6 maximizing the ability of the land and human resources through research and development.Keywords: competitive advantage, specialty coffee, SWOT-AHP, value chain, VRIOABSTRAKKopi special merupakan kopi dengan kualitas premium yang sudah melalui berbagai tahapan pengolahan pascapanen yang diawasi dengan ketat sehingga menghasilkan cita rasa yang khas sesuai dengan daerah asalnya. PT Sinar Mayang Lestari adalah salah satu perusahaan yang saatini memproduksi dan mengembangkan kopi spesial jenis Arabika Java Preanger. Tujuan dari penelitian ini adalah menganalisis keunggulan bersaing yang dimiliki dan mengembangkan alternative strategi yang perlu dilakukanoleh PT Sinar Mayang Lestari untuk pengembangan usahanya. Penelitian ini menggunakan analisis rantai

  12. Economic Development through Youth. A Program for Schools and Communities. Manual.

    Science.gov (United States)

    Nolen, Lori

    This manual is designed to help teachers, businesses, Chambers of Commerce, and students start their own economic development activities and youth ventures. It describes a two-step plan to economic development through youth: development of an in-school student chamber of commerce program and development of a youth-owned venture. The first part of…

  13. Technical development in the city gas business

    Energy Technology Data Exchange (ETDEWEB)

    Kondo, Takehiko

    1988-07-01

    This paper reports on technical developments in the city gas business. Energy demand is expected to increase by only 1.3 over the 1986 to 1995 period. Also, the importance of complex energy is increasing. As a result, limited demand entails more violent competition among various energy industries (electricity, gas, oil, etc.). Such trend is calling for a new system that flexibly meets the needs of the present society. Household-purpose city gas accounts for more than 90% of all the city gas. One of the means to increase city gas demand is to encourage people to use gas-type room heating/cooling systems to enrich citizen life and ease difficulties during the power-consumption peak period. Anothe important factor is to develop a system, such as a cogeneration system, that flexibly applies to heat and electricity balance. Pipeline construction and maintenance costs account for most of the gas-related costs. One of the attempts to reduce such costs is the development of a small-section or non-digging pipe-laying technique and a diagnostic robot. Large computers are already in use in total information management. To ensure security, people concerned have made much progress in upgrading the performance of and spreading sensors for carbon monoxide and other gases. To eliminate all accidents, they have also developed an automatic cut-off method in case of an abnormal efflux. This method is expected to spread in the future. They have also developed an LNG cold heat utilization technique and a by-product carbon fiber. (2 figs)

  14. CORPORATE BUSINESS ENVIRONMENT AS A SET OF ECONOMIC CONDITIONS FOR BUSINESS DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Svetlana A. Gusar

    2015-01-01

    Full Text Available Intellectual resources are widely used in the formation of corporate business environment. This environment is a new phenomenon in the system of socio-economic relations. The corporate business environment is a set of economic conditions for the development of entrepreneurship, business life. In this environment, exercise more incentives to work, increasing the level of economic freedom, including the freedom of movement of the resource, including intellectual, production components. It is therefore important and necessary to give its definition from the perspective of both economic and organizational-administrative relations, which is a key objective of this research. In addition, the article carried out a comprehensive assessment of how the corporate environment for the development of regional business and knowledge of the mechanisms of the effect of factors internal and external environment for the development of corporate business environment.

  15. The Relationship between a Business Simulator, Constructivist Practices, and Motivation toward Developing Business Intelligence Skills

    Science.gov (United States)

    Lee, Hsun-Ming; Long, Ju; Visinescu, Lucian L.

    2016-01-01

    Developing Business Intelligence (BI) has been a top priority for enterprise executives in recent years. To meet these demands, universities need to prepare students to work with BI in enterprise settings. In this study, we considered a business simulator that offers students opportunities to apply BI and make top-management decisions in a system…

  16. 24 CFR 943.146 - What impact does the use of a subsidiary, affiliate, or joint venture have on financial...

    Science.gov (United States)

    2010-04-01

    ... subsidiary, affiliate, or joint venture have on financial accountability to HUD and the Federal government... URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.146 What impact does the use of a subsidiary, affiliate, or joint venture...

  17. 24 CFR 943.148 - What procurement standards apply to PHAs selecting partners for a joint venture?

    Science.gov (United States)

    2010-04-01

    ... PHAs selecting partners for a joint venture? 943.148 Section 943.148 Housing and Urban Development... VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.148 What procurement standards apply to PHAs selecting partners for a joint venture? (a) The requirements of part 85 of this title are...

  18. Modern Trends in the Development of Business Technologies in Entrepreneurship

    Directory of Open Access Journals (Sweden)

    Dudko Pavlo M.

    2017-09-01

    Full Text Available The aim of the article is to study modern trends in the development of business technologies and their integration into entrepreneurship. Business technologies are a combination of methods, techniques, innovations, technical and mental solutions that promote development of business, expand its capabilities and create new prospects for it. The main business technologies that are widely used in entrepreneurship and have gained worldwide recognition include franchising, leasing, outsourcing, cashback, clustering. Due to the rapid development of information technologies and the Internet, such business technologies as e-commerce, IT outsourcing, offshore programming, crowdsourcing and the CRM strategy have emerged. At the same time, business technologies develop independently and without using modern technical innovations, an example of which is co-marketing. Summarizing, it can be noted that business technologies are not only the existing methods of business development but also a constant and dynamic search for new solutions in entrepreneurship. The development and improvement of the existing business technologies, as well as the emergence of new ones, directly depends on the technological progress and development of mankind.

  19. Business administration as a basis for development of global entrepreneurship

    OpenAIRE

    Ermakova, N. Y.; Fokina, Olga V.; Tyufiakova, Ekaterina S.; Rogacheva, Irina S.; Tyurina, Yulia

    2016-01-01

    The purpose of the article is to determine the role and meaning of business administration in development of global entrepreneurship. The work uses the proprietary methodology of evaluation of global competitiveness of enterprise and the proprietary methodology of evaluation of efficiency of business administration of enterprise, as well as method of correlation analysis. The authors determine the role of business administration in management of factors of development of global enterprise and...

  20. Trends for Innovation Business Development in Lviv Region

    OpenAIRE

    Tetyana Skrypko

    2014-01-01

    The Articles highlights trends of small business innovation development at a regional level. Small business innovation structure has been analyzed for Lviv region; interactive procedures have been researched referring to cooperation between the parties interested in its development. The amount of innovation-active small businesses and the number of innovations introduced in Lviv region have been mentioned by innovation trends and types of economic activity. Up-to-date trends in Lviv region co...

  1. Advancement of Marketing Developing Biotechnology-Based Business

    OpenAIRE

    Vilmantas, Vaidas; Melnikas, Borisas

    2014-01-01

    The article, in a complex way, analyzes the needs of marketing improvement in developing biotechnology-based business and highlights its role in the context of modern society and globalization challenges. The article distinguishes between the existing problems of biotechnology business, the present perspectives and specific characteristics of developing the marketing of biotechnological business. The paper represents the possibility of the substantial modernization of marketing tools with reg...

  2. Financing clean energy market creation. Clean energy ventures, venture capitalists and other investors

    Energy Technology Data Exchange (ETDEWEB)

    Teppo, T. [Helsinki Univ. of Technology, Espoo (Finland). Development and Management in Industry

    2006-07-01

    Many factors have emerged for change towards cleaner and more efficient technologies and services: climate change, increasing oil demands, and rising living standards in many parts of the world are putting an ever-increasing strain on the environment. Recently, these drivers have fueled the formation of a clean energy venture capital market where both independent venture capitalists (VCs) and corporate venture capitalists (CVCs) have invested in clean energy start-ups. Financing of clean energy market creation is the focus of this dissertation. The dissertation contributes to several bodies of literature in the area of entrepreneurship, new industry creation, corporate venturing, and venture capital research. The dissertation uses a grounded theory approach. The study is guided by three data collection approaches with an emphasis on the first two. First, interviews with European and North American VC and CVC firms that have invested in the clean energy sector were carried out. Second, a clean energy venture financing survey that consisted of qualitative, essay-format questions and some quantitative questions was carried out. Third, interviews with clean energy stakeholders were carried out in order to gain a better understanding of the emerging sector. The research results consist of three main findings. First, the research results suggest that clean energy ventures face the following three main entrepreneurial challenges: financing, market education, and growth management. A further study of three clean energy industry categories revealed additional challenges that varied according to the industry development stage. Second, the results demonstrate that, from a venture capitalist perspective, clean energy venture risk characteristics can be divided into two groups: generally recognized risk characteristics and cognitive risk characteristics. The identified generally recognized risk characteristics were market demand and adaptation, incompatibility with the VC model

  3. Small Business Development and Gender of Owner.

    Science.gov (United States)

    Catley, Suzanne; Hamilton, R. T.

    1998-01-01

    A literature review shows that few fundamental differences between men and women business owners have been substantiated. Primary reasons for self-employment are not gender specific, and research on psychological differences is inconclusive. (SK)

  4. International venture capital perspective

    International Nuclear Information System (INIS)

    Carter, D.

    2004-01-01

    'Full text:' The emerging fuel cell industry is characterized by global cooperation and partnerships in commercial, technical, and financial aspects. In this talk, we would like to provide observations about international venture capital focused on fuel cells globally. The talk will refer to experiences Conduit Ventures has had with its portfolio companies and other investors in various countries. We discuss our approach to working with portfolio companies who are geographically remote from our main office in London. We also discuss the process of making investment decisions on possible investments in various countries. The talk will conclude with insights and 'lessons learned' which may be of interest to fellow members of Fuel Cells Canada. (author)

  5. Business Model Design for Strategic Sustainable Development

    OpenAIRE

    França, César Levy

    2017-01-01

    Humanity confronts an existential threat without historic precedent. Environmental pressures have reached such intensity and pace of change that the earth system may be irreversibly tipped into a new and unpredictable state. The emerging global reality is, in turn, redefining overall conditions for business success. Addressing these challenges both demands and brings great opportunities for innovation. An important and sometimes neglected aspect of innovation is the design or redesign of busi...

  6. A guide to organizing joint ventures with physicians.

    Science.gov (United States)

    Peters, G R

    1986-12-01

    Catholic health care facilities must consider the business and legal risks, canon law, and other constraints when planning a joint venture with physicians. Participants should first establish goals and compatibility, then determine the venture's type (property, service), form ("true," lease, contract), and structure (corporation, partnership, joint property ownership, trust). The administrator must decide whether the facility will participate directly in the venture or form a separate organization. Participants must determine their relationships with the venture, choosing among many options. The administrator should consider whether a venture raises any canon law issues, especially regarding ecclesiastical and secular assets, approval by the local bishop or Holy See, and need for consultation. Other pertinent legal issues include: Fraud and abuse. The venture should not appear as compensation to induce referrals. Physician referrals. Many states prohibit or restrict referrals by physician participants. Antitrust law. Participants may be liable for actions constituting on antitrust violation. Securities low. Organizers must clarify Securities and Exchange Commission registration exemptions and observe state "blue sky" laws. Tax issues. Catholic health care facilities must consider such factors as tax-exempt status, unrelated business income, taxable subsidiaries, and public charity status. Other considerations include tax ramifications for physicians; tax shelter registration; certificate of need (CON), licensing, and building standards; effects on reimbursement and pension plans; organizational and bond documents; corporate medical practice and fee-splitting questions; and labor and contractual issues.

  7. The Internationalization Process of International New Ventures: The Case of Skype

    OpenAIRE

    Chan, Cheuk-Hay

    2007-01-01

    Past literature has emphasized on large, long-established multinational enterprises (MNEs) in international business. However, the emerging phenomenon of international new ventures has attracted much attention due to their distinctive internationalization processes. Skype Technologies S.A. is one of these international new ventures with comparable characteristics, albeit it has shown differences compared with the typical international new ventures. This research aims to compare and contrast t...

  8. Macroeconomic pressures and their implications for business development in Africa

    DEFF Research Database (Denmark)

    Kuada, John

    2011-01-01

    The paper discusses the complex relationships between macroeconomic pressures, savings, investments and business development in Sub-Sahara African countries......The paper discusses the complex relationships between macroeconomic pressures, savings, investments and business development in Sub-Sahara African countries...

  9. Developingbusiness plan for Ski School Jasna

    OpenAIRE

    Dubovská, Jana

    2014-01-01

    The Master's Thesis analyses and evaluates the conditions for the Ski & Snowboard School Lúčky development in the Jasná Nízke Tatry ski resort as well as it illustrates specific steps and actions in the realistic business plan. Firstly, it introduces theoretical background of feasibility analysis, business model, and the business plan focusing on the importance and structure of each topic. Secondly, the thesis portrays the results of an empirical research conducted on the target audience that...

  10. 24 CFR 943.151 - What procurement standards apply to a joint venture itself?

    Science.gov (United States)

    2010-04-01

    ... a joint venture itself? 943.151 Section 943.151 Housing and Urban Development Regulations Relating... HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.151 What procurement standards apply to a...

  11. 24 CFR 943.150 - What procurement standards apply to a PHA's joint venture partner?

    Science.gov (United States)

    2010-04-01

    ... a PHA's joint venture partner? 943.150 Section 943.150 Housing and Urban Development Regulations... HOUSING, DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT PUBLIC HOUSING AGENCY CONSORTIA AND JOINT VENTURES Subsidiaries, Affiliates, Joint Ventures in Public Housing § 943.150 What procurement standards apply to a PHA...

  12. Financial bootstrapping use in new family ventures and the impact on venture growth

    OpenAIRE

    Helleboogh, David; LAVEREN, Eddy; LYBAERT, Nadine

    2010-01-01

    This paper contributes to the general knowledge of bootstrap financing among new family ventures in two ways. Firstly, this research reveals which human capital characteristics of the owner-manager has an impact on financial bootstrapping use. The empirical results indicate that the use of bootstrapping techniques does not depend upon the family's business founder's education, but that it is a skill which is absorbed from self-employed parents or during the founder's prior work and management...

  13. Fiscal 2000 achievement report on the venture business assisting type regional consortium - Core industry creation type. Research and development of energy conservation oriented collective detoxification system for dioxins and toxic heavy metals in fly ash and soil; 2000 nendo chiiki consortium kenkyu kaihatsu jigyo seika hokokusho. Hibai dojochu no dioxin rui yugai jukinzoku no sho energy gata ikkatsu mugaika shori system ni kansuru kenkyu kaihatsu

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    Efforts are made to develop a system to collectively detoxify dioxins and heavy metals in incinerator fly ash or in polluted soil using microbes and/or chemicals. In the use of chemicals, verification tests are conducted for a system to detoxify dioxins and toxic heavy metals simultaneously. In the use of microbes, an effort is made to develop a low cost energy conservation type treatment system based on what is provided by the study of microbes such as Phanerochaete chrysosporium. As for the treatment of fly ash, an effort is made to recycle it into resources usable in the development of marketable products. For the detoxification of dioxins using chemicals, they are dechlorinated in a chemical reduction reaction. For their detoxification with help of microbes, it is found in an experiment of ash fly dioxin decomposition using Phanerochaete chrysosporium that the microbe reduces dioxins in both liquid phase and solid phase systems. The result of verification tests using chemicals shows that the reference level of 3ng-TEQ/g is easily cleared in the treatment of high concentration ash fly. In the detoxification of heavy metals, data is obtained indicating that the elution level of lead in ash fly is found reduced by 70-85% after treatment. (NEDO)

  14. Directions in the development of business tourism in Poland

    Directory of Open Access Journals (Sweden)

    Maciej Abram

    2016-07-01

    Full Text Available Business tourism in Poland has been developing since the 1990s, when the political regime changed. It is one of the many areas that has been subject to change after the historic year of 1989. However, it gained greater importance in the 21st century. Special attention was to this type of tourism and the product, as, compared to typical tourism oriented towards sightseeing and leisure, business tourists spend more money on travel, as well as in the destination itself, they are the target market for many business entities, and business travel movement takes place throughout the year, fending off the effects of seasonality.

  15. Risk bias and the link between motivation and new venture post-entry international growth

    NARCIS (Netherlands)

    Kiss, Andreea N.; Williams, David W.; Houghton, Susan M.

    2013-01-01

    We link research in international entrepreneurship and on behavioral decision making with the international business literature on firm degree of internationalization to advance an integrative model of new venture post-entry international growth. We test this model on a sample of 286 new ventures.

  16. Venture Capital in Ohio Schools: Building Commitment and Capacity for School Renewal.

    Science.gov (United States)

    Ohio State Dept. of Education, Columbus.

    This publication describes Venture Capital grants, which are awarded to Ohio schools for school-improvement efforts. Originating in the business sector, the concept of Venture Capital represented corporate earning or individual savings invested in a new or fresh enterprise. The grants are designed to be long-term, evolving efforts focused on a…

  17. Business

    Science.gov (United States)

    Los Alamos National Laboratory Search Site submit About Mission Business Newsroom Publications Los : Environmental Documents, Reports LANL Home Calendar Search Contacts Business LANL 75th logo Business Los Alamos is a premier R&D laboratory seeking to do business with qualified companies offering value and

  18. Franchise Business as a Generator of Development in Central Europe

    Directory of Open Access Journals (Sweden)

    Suzana Baresa

    2017-12-01

    Full Text Available The franchise in the global marketplace enables many globally known brands. With its business concept, it enables integration, learning and acceptance of various cultural, historical, religious and other customs and habits. Consumers prefer a proven and expected standard product quality and services, no matter where they are, they expect and want the same quality provided by franchise companies (shops, restaurants, hotels, and others of well-known brands in different places. It can be concluded that the franchise enables the transfer of business knowledge, experience and technology to an unlimited space. Franchise is largely present as a way of doing business in the world and it has an impact on national economies. Companies can use it as a strategic growth model, as a model for launching a whole new business. Since Croatia has enough potential to develop franchise business that is not sufficiently exploited, that potential could be largely exploited in addition to overcome certain problems. Conducting a systematic analysis of franchise business and development would contribute to this. This paper deals with basic concepts related to the franchise business, features and characteristics, advantages and disadvantages of franchise business, the impact it has on the national economy (US example, and a comparative analysis of the franchise business in Croatia compared to other Central European countries.

  19. Peru 2021: A Business Plan for National Development.

    Science.gov (United States)

    Caravedo, Baltazar

    1998-01-01

    Describes Peru 2021, an organization of business-related individuals with a vision for Peruvian society. Outlines aspects of their vision in the areas of leadership, education, economy, environment, government, business, technology, and society. Discusses Peru 2021's efforts to develop a strategic plan for implementing the vision, to involve…

  20. 78 FR 71565 - Secretarial Infrastructure Business Development Mission to Mexico

    Science.gov (United States)

    2013-11-29

    ... DEPARTMENT OF COMMERCE Office of Business Liaison Secretarial Infrastructure Business Development... amending the Notice published at 78 FR 48855, August 12, 2013, regarding the Secretarial Infrastructure..., Trade Program Assistant. [FR Doc. 2013-28579 Filed 11-27-13; 8:45 am] BILLING CODE 3510-FP-P ...

  1. 75 FR 21597 - Business Development Trade Mission to Baghdad, Iraq

    Science.gov (United States)

    2010-04-26

    ... large projects relating to construction, highways, railways, telecommunications, and security and... DEPARTMENT OF COMMERCE International Trade Administration Business Development Trade Mission to... October 2010* and has been created to assist U.S. firms find business partners and sell equipment and...

  2. Emotional Intelligence and Cognitive Moral Development in Undergraduate Business Students

    Science.gov (United States)

    McBride, Elizabeth A.

    2010-01-01

    This study examines relationships between emotional intelligence (EI) and cognitive moral development (CMD) in undergraduate business students. The ability model of emotional intelligence was used in this study, which evaluated possible relationships between EI and CMD in a sample of 82 undergraduate business students. The sample population was…

  3. Teaching International Business as an Opportunity to Develop Cultural Sensitivity

    Science.gov (United States)

    Frank, Ellen J.

    2017-01-01

    Business program graduates are expected to perform with cultural sensitivity in international and intercultural professional environments. In order to support student development of the necessary mindset, a variety of assignments and activities have been integrated into the undergraduate International Business (IB) course. This article describes…

  4. Analysis of Financial Ratio to Distinguish Indonesia Joint Venture General Insurance Company Performance using Discriminant Analysis

    Directory of Open Access Journals (Sweden)

    Subiakto Soekarno

    2012-01-01

    Full Text Available Insurance industry stands as a service business that plays a significant role in Indonesiaeconomical condition. The development of insurance industry in Indonesia, both of generalinsurance and life insurance, has increased very fast. The general insurance industry itselfdivided into two major players which are local private company and Joint Venture Company.Lately, the use of statistical techniques and financial ratios models to asses financial institutionsuch as insurance company have been used as one of the appropriate combination inpredicting the performance of an industry. This research aims to distinguish between JointVenture General Insurance Companies that have a good performance and those who are lessperforming well using Discriminant Analysis. Further, the findings led that DiscriminantAnalysis is able to distinguish Joint Venture General Insurance Companies that have a goodperformance and those who are not performing well. There are also six ratios which are RBC,Technical Reserve to Investment Ratio, Debt Ratio, Return on Equity, Loss Ratio, and ExpenseRatio that stand as the most influential ratios to distinguish the performance of joint venturegeneral insurance companies. In addition, the result suggest business people to be concernedtoward those six ratios, to increase their companies’ performance.Key words: general insurance, financial ratio, discriminant analysis

  5. Internationalization of Family Businesses

    DEFF Research Database (Denmark)

    Boyd, Britta; Hollensen, Svend; Goto, Toshio

    2010-01-01

    This article focuses on the international joint venture formation process of family businesses. The reasoning behind Danfoss’ decision to cooperate with two competing family businesses in Japan and China as well as two nonfamily businesses in Canada and Britain will be analysed. In......-depth qualitative interviews reveal the driving forces on both sides and show how the psychic distance can be reduced between the different parent firms including the joint venture (JV) child. The purpose of this study is to compare equal split or equity joint ventures of non-family and family firms regarding...... the formation process including competences and cultures. The study indicates what core competences of a family business matter when cooperating in equal split joint ventures. Implications for family business owners and ideas for future research are discussed....

  6. DEVELOPING A TECHNOLOGY-BASED BUSINESS STRATEGY FOR THE INTERNATIONAL BUSINESS OF TELKOM SA

    OpenAIRE

    M. John; A.J. Buys

    2012-01-01

    ENGLISH ABSTRACT: This study was aimed at developing a technology-based business strategy for Telkom’s international business. Deregulation, competition and demand for converging voice, data and video in the telecommunication market were the driving forces behind this study. Without a proper strategy, Telkom will not be able to withstand the new competition. As the initial step in strategy formulation, Telkom’s strategic goals were identified. A SWOT analysis was conducted and a stra...

  7. Trends in development of innovative business models

    Directory of Open Access Journals (Sweden)

    Krstić Milan

    2016-01-01

    Full Text Available The companies doing business in global markets are now compelled to do it in conditions of permanent and turbulent changes. In order to succeed within that kind of environment in the long run, they are to innovate and to continuously strengthen their own innovative strength. Consideration of gaining its own innovative strength becomes top agenda issue of strategic companies. To that purpose, this paper presents the shortened results of a desktop theoretical research that has been undertaken to improve the innovative power of companies. The survey and subsequent analysis identified relevant innovative business models (IBM of companies, some of which briefly presented (CANVAS, SHARE, and WOIS BLUE OCEAN Strategy, which now form the current IBM trend.

  8. Deployment of business development activities of Tohoku electric power Co

    Energy Technology Data Exchange (ETDEWEB)

    Ikeda, Hiroshi

    1988-11-01

    In order to cope with the transition period which accompanies big structural changes of society and economy of Japan in facing closely the forthcoming 21st century, Tohoku Electric Power Co. determined in June 1987 the basic concept for achieving operational prosperity towards the 21st century, and defined itself as a consolidated energy industry which contributes to the establishment of prosperous Tohoku Region. In order to realize the above, the company selected three strategic issues, namely business development, technology development and talent development. For the purpose of realization of the above, the Business Development Headquarters was created and under it, (1) Public Relation and Service Division, (2) Business Development Division and (3) Business Division were established. This article introduces an outline of business development activities of these three divisions. (1) above deals with illumination demands and household demands (hot water supply and utilization of 200V), (2) deals with particular demands for industry and business (air conditioning of buildings, kitchen for business use, area heat supply, and demands for industry, agriculture and fishery) and (3) deals with exact handling of such daily services as contracting, inspection and rate calculation, etc. as well as consulting. 2 figures, 2 tables.

  9. Agile Development for Service Oriented Business Intelligence Solutions

    Directory of Open Access Journals (Sweden)

    Marinela MIRCEA

    2011-03-01

    Full Text Available Considering the evolution of information and communications technology, the necessity of alignment of public and private sectors to European Union requirements, the current economic crisis, and the global context, all organizations are trying to achieve major changes that would enable them to operate as intelligent organizations. For this purpose, agility and Business Intelligence are seen by most managers as a way to transform their organizations into intelligent organizations. The study highlights the importance of modern approaches (Service Oriented Architecture, Business Process Management, Business Rules, Cloud Computing, Master Data Management in developing agile Business Intelligence solutions. The paper also presents the stages of developing an agile Business Intelligence solution in the case of public procurement.

  10. Joint ventures between industry and government

    International Nuclear Information System (INIS)

    Vant, T.R.

    1991-01-01

    Joint venture projects undertaken between government and industry in western Canada are reviewed. The first significant involvement of the Alberta government was with the Syncrude oil sands project. In 1974, one of the original participants, Atlantic Richfield, pulled out of Syncrude for financial reasons. After a government review and search for replacement participation, three provincial governments took equity positions in the project. The Syncrude project has since had a very significant impact on Alberta and Canada in terms of oil production, employment, investment, and profits. The Other Six Leases Operation (OSLO), the OSLO New Ventures Project, and the Lloydminster Bi-Provincial Upgrader would also not have advanced to their present stages of development without government participation. Since oil sand/heavy oil development requires significant capital investment over long lead times, and since there are few private companies that can undertake such a commitment, government assistance is often required. It also makes sense for governments to share upfront risk in such projects for both the long-term economic gain and such immediate benefits as job creation and energy supply security. An industry/government joint venture provides a means of getting large, inherently economic projects such as oil sands developments under way while protecting taxpayers' interests. The success of such a joint venture depends not only on the financing brought to the project but also on the expertise, decision making capability, and balanced management of regulatory and policy issues

  11. Private equity and venture capital: investment fund structures in the Czech Republic

    Directory of Open Access Journals (Sweden)

    Marek Zinecker

    2011-01-01

    Full Text Available A working private equity and venture capital market (PE/VC market stimulates the business environment in a positive manner and impacts the level of economic growth of national economies. A study of the Austrian Private Equity and Venture Capital Organisation/AVCO (2004, p. 6 defines prerequisites for a correct operation of the PE/VC market. It views the legislative provision for suitable legal fund structures for PE/VC investments and their tax treatment as a key factor. In its publication, Private Equity & Venture Capital in the Czech Republic (2010, p. 14, the Czech Venture Capital Association/CVCA stresses that legal barriers are an important reason behind the limited scope of resources available to domestic PE/VC funds. Legal barriers prevent the establishment of a standard PE/VC fund in the territory of the Czech Republic, which fact in turn has a negative impact on the level of development of the domestic PE/VC market (fundraising, investment volumes, establishment of the infrastructure required for the operation of PE/VC funds. The purpose of this article is, based on an analysis of the relevant information sources, to assess how the current Czech legislation regulates the legal fund structures for PE/VC investments and their tax treatment. Proposals for a potential improvement of the situation are based on a comparison of the legislative framework applicable in the Czech Republic and the requirements defined by the European Venture Capital Association/EVCA, as well as the AVCO study (2004, 2006.

  12. Aksa plans polypropylene joint venture

    International Nuclear Information System (INIS)

    Alperowicz, N.

    1992-01-01

    Turkish acrylic fiber maker Aksa (Yalova), part of the Akkok textile conglomerate, is studying construction of a world-scale polypropylene (PP) plant as part of its diversification plans. The company says it is engaged in discussions with three 'multinations in the PP business' on the possibility of a joint venture. One of the firms is understood to be Amoco. Aksa is looking at three possible locations for the 100,000 m.t.-150,000 m.t./year plant: Yalova, near Istanbul, where its existing plants are located; Zonguldak, on the Black Sea coast; and within one of the existing complexes or a new site belonging to state-owned Petkim. Aksa has not yet discussed that option with Petkim, which recently received approval to build a $2.5-billion petrochemical complex. The Aksa PP plant would cost about $100 million and would use propylene from world markets. The onstream date depends on Aksa's ability to link up with a foreign partner, but it hopes to complete the unit within three years. Turkey has only one PP plant, a 65,000-m.t./year Petkim unit at Aliaga. The domestic market is currently two to three times that amount and is growing. Petkim also plans a 200,000-m.t./year PP plant as part of its new complex

  13. The Unseen Face of E-Business Project Development

    OpenAIRE

    Mesnita, Gabriela; Vasilica, Tiberiu

    2003-01-01

    The purpose of this paper is intent on identify and analyze the unseen factors of successful or failure of e-business project development. The IT managers must take into account both all costs involved in e-business development and all phases (analysis, design, testing, implementation, maintenance and operation) according to principle of project management for software/systems life cycle development. There are many solutions to exceed these factors of failure among could be counted outsourcin...

  14. 13 CFR 124.404 - What business development assistance is available to Participants during the two stages of...

    Science.gov (United States)

    2010-01-01

    ... business planning. ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false What business development....404 Section 124.404 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION 8(a) BUSINESS...

  15. International joint research project of venture seeds excavating type in fiscal 1999 (revised) - venture seeds No.3. Report on achievements in developing bump forming technologies for high-density semiconductor connection; 1999 nendo (hosei) venture seeds hakkutsugata kokusai kyodo kenkyu jigyo - venture seeds No.3. Komitsudo handotai setsuzokuyo bump gata keisei gijutsu kaihatsu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2001-03-01

    Development has been advanced on a new flip chip technology with high efficiency and reliability to mount on lead frames and substrates the semiconductor devices that have been made higher in density and function and smaller in size. Specifically, discussions were given on a bump forming technology using micro balls with high accuracy and sphericity. With this technology, bumps are formed with high accuracy and efficiency by transferring and bonding the micro balls onto electrodes. Activities were taken in the following five areas: 1) discussions on the micro ball arranging technology, 2) optimization and evaluation on bed films, 3) manufacture and evaluation on micro balls, 4) overall evaluation and improvement discussion on quality and cost, and 5) analysis of thermal stress on soldered balls. In Item 1), micro balls are transferred onto pads after removing excess balls by sucking them into a suction head while having the micro balls float in a container by means of vibration. The suction arrangement plates were discussed and the suction system was optimized, whereas it was verified that balls with diameter of 100 {mu} m can be transferred and bonded onto pads of the chips without excess and insufficiency. (NEDO)

  16. Venture Capitalist Enabled Entrepreneurial Mentoring

    DEFF Research Database (Denmark)

    Agrawal, Anirudh

    2018-01-01

    Traditionally the success of a venture capital model has been anchored around two dimensions‚ namely equity as a trade for investment and start-up valuation and profitable exits. Scholars have focused less on the inter-organizational interaction between the venture capital (VC) and start-up entre...

  17. Venture Capital and Innovation Strategies

    NARCIS (Netherlands)

    Da Rin, M.; Penas, M.F.

    2015-01-01

    Venture capital is a specialized form of financial intermediation that often provides funding for costly technological innovation. Venture capital firms need to exit portfolio companies within about five years from the investment to generate returns for institutional investors. This paper is the

  18. Venture Capital and Innovation Strategies

    NARCIS (Netherlands)

    Da Rin, Marco; Penas, Maria

    2015-01-01

    Venture capital investors are specialized financial intermediaries that provides funding for technological innovation with the goal of realizing a capital gain within a few years. We are the first to examine the association of venture capital funding with a company’s choice of innovation strategies.

  19. Venture capital and innovation strategies

    NARCIS (Netherlands)

    Da Rin, Marco; Penas, Fabiana

    2017-01-01

    Venture capital investors are specialized financial intermediaries that provide funding for technological innovation with the goal of realizing a capital gain within a few years. We are the first to examine the association of venture capital funding with a company's choice of innovation strategies.

  20. UK manufacturers construction joint venture

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1999-07-01

    This report examines the legal and commercial framework for UK manufacturers to collaborate in a construction venture for a small combustion/steam cycle power plant fueled with biomass. The integration of technology and project plan, the working capital and capitalisation, financial aspects, the market plan, turnkey packages, joint venture entities, and collaboration are discussed. (UK)

  1. Working Partnerships: A Joint Venture in Vocational Education.

    Science.gov (United States)

    Campbell, Clifton P.

    Joint Ventures in Vocational Education projects link participating businesses with secondary vocational programs in a cooperative relationship. These are voluntary arrangements between vocational programs and a public or private sector agency that combine the energies and resources of the partners to enrich various aspects of the vocational…

  2. DEVELOPMENT STRATEGY OF PARTNERSHIP OF HIGHER EDUCATION, SCIENCE AND BUSINESS

    Directory of Open Access Journals (Sweden)

    I. Mazur

    2014-12-01

    Full Text Available In the article the cooperation of higher education, science and business is analysed. A conflict of civilizations wave development in the confrontation of two forces: the "factory of Education" and force change is disclosed. European and Ukrainian higher education quality estimation is analysed. The effect of unsynchronization in time is educed between the necessities of business and possibilities of education and science. Reasons of bribery are exposed at higher school. The development strategy of partnership of higher education, science and business is proposed.

  3. Business cycle development in Czech and Slovak economies

    Directory of Open Access Journals (Sweden)

    Poměnková, J.

    2010-12-01

    Full Text Available This paper focuses on the business cycle development of Czech and Slovak economies. The main objective is to compare several methodological approaches to identify business cycles with the main theoretical sources of the economic activity movements in the analyzed periods. As both economies are of transition type, the growth business cycle concept will be considered. In this respect, deterministic as well as stochastic methods for obtaining cyclical fluctuations are applied. Czech and Slovak economies fall into the group of transition economies where the problems of insufficient number of observations and structural changes in empirical time series analysis occur. Even if there are many similarities in the institutions of both economies, the authors identified different regular periodicities of the waves. The used frequency analysis is a slightly unique approach of business cycle modeling. The analysis of business cycle movements has significant potential to improve economic policy efficiency.

  4. Strategic advertising for enhanced agri-business development in ...

    African Journals Online (AJOL)

    Strategic advertising for enhanced agri-business development in Abia State, Nigeria. ... Advertising, a high-intensity consumer information medium, facilitates the latter. It is against this background that ... AJOL African Journals Online. HOW TO ...

  5. INNOVATION - A STRATEGIC RESOURCE FOR THE DEVELOPMENT OF BUSINESS ORGANIZATIONS

    Directory of Open Access Journals (Sweden)

    V. L. Polyakov

    2012-01-01

    Full Text Available This paper discusses issues arising from the need to translate the Russian economy to innovative development. Essence and meaning of concepts such as innovation, innovation process, innovation management solution, the investment in relation to business organizations.

  6. Mechanisms of innovative self-development of regional business school

    Directory of Open Access Journals (Sweden)

    Anatoliy Viktorovich Molodchik

    2013-09-01

    Full Text Available Within the modern version of «Management 2.0» the approaches to the development of nonlinear starting mechanisms and maintenance of innovative self-development of organization on the example of regional business school are considered. It is noted that there are some possible models of behavior of regional business school among which the model focused on the activation of internal sources of development of the organization and its readiness to act as an infrastructure element of initiation of the self-development processes on the basis of openness, subjectivity and partnership. The business landscape of points of revitalization, results of initiation of activity and partnership form with the central concerned parties is offered. The effective partnership with science, authority, professional associations and business allows to create essentially new decisions for customer satisfaction. So, partner interaction with the client organizations is presented by new technology of joint creation of values in the form of project-focused training of innovative leaders and criteria of an assessment of its strategic productivity. The strategy of cultivating of mechanisms accepted by business school — attractors of innovative self-development is aimed at the formation of organization developing business — models of the new type typical for «2C-systems» (self-development and self-organizing systems.

  7. School-business partnerships for organisational leadership development

    OpenAIRE

    Ofori-Kyereh, Samuel

    2012-01-01

    Leadership and how it is developed have become a top priority for almost all organisations, particularly schools and business organisations, to survive and secure growth (Bolden, 2004). Equally, the concept of partnership has become a panacea for solving complex and ‘wicked’ problems in diverse organisations (Armistead, 2007). This study therefore investigates how school-business partnerships could serve as alternative means for organisational leadership development. The study is principally ...

  8. Business success and psychological traits of housing developers

    OpenAIRE

    Mastura Jaafar; Azlan Raofuddin Nuruddin; Syed Putra Syed Abu Bakar

    2014-01-01

    Although the issues on entrepreneurship in the real estate industry are disparaging and have received little interest from global researchers, the significant roles played by the industry players warrant further investigation. The personal traits of the owners/managers are deemed to be the key factors to the business success of housing development firms. This paper examined the main determinants of successful business in the housing development sector under the lens of psychological traits of...

  9. Mobile telecom policy and business development in China

    Science.gov (United States)

    Guo, Congliang; Teng, Yong; Sun, Jinjun

    2001-10-01

    It is an interesting that you research on mobile telecom policy and business development in China. China is a developing country, and she is one of the biggest countries in the world. There has a potential advantage in increasing mobile users in China. The wireless communication business developed fast and stable in the last 10 years, and it caused special concern in the world. So the question is why it does and how to do? You will be clear to know these after some researched results as follows: Do not forget the backward history in telecom technology; Pull competition mechanism into telecom business; Cooperation and some limited principles; China user group and characters; The condition of China telecom manufacture industry; Telecom business development strategy and policy dynamic adjusted. Focusing our attention on mobile telecom policy and business development in China, there will have great interest reliability for every one invested telecom business in the world. There is an important thing to find one good method to control market with competition in developing country.

  10. Formulating a preliminary business plan for a business consultancy company : case: CreaNets Business Development and Consultancy

    OpenAIRE

    Korkmaz, Gökhan

    2015-01-01

    The main purpose of this research is to formulate a preliminary business plan for a business consultancy which will operate between Finland and Turkey and be headquartered in Finland. The research focuses on practical information on entrepreneurship, business planning and business models as well as starting up a new business in Finland. During the theoretical framework, information is provided on entrepreneurship and business planning. Hoffren’s Dynamic Business Model and Osterwalder’s Bu...

  11. Market orientation of business schools and development of professional competencies of students in the tourism business

    Directory of Open Access Journals (Sweden)

    Rosi Maja

    2016-01-01

    development of key recent trends in the industry? The main objective of this paper is to identify the key aspects of the dynamic adaptation of university business schools and to elaborate on the possible linkage between the development of professional competences of students in the field of tourism and the professional requirements of organizations in this industry. We will use the comparative method (overview and comparison of tourist programs of selected faculties in selected countries of the former Yugoslavia, review and comparison of their programs regardless of any possible accreditation and benchmarking analysis that will help us identify differences in achieved professional student competencies in selected faculties and compare them against achieved professional student competencies of selected, leading faculties in central Europe in the field of tourism.

  12. Sustainable venture capital – catalyst for sustainable start-up success?

    NARCIS (Netherlands)

    Bocken, N.M.P.

    2015-01-01

    To address global sustainability challenges, major investments are required in sustainable businesses that deliver triple bottom line results. Although interest in sustainable businesses is on the rise, these businesses are not yet widespread. Venture capital investment has a key role to play in the

  13. Responsible and sustainable business in the context of sustainable development

    Directory of Open Access Journals (Sweden)

    Gheorghe Săvoiu

    2013-11-01

    Full Text Available Businesses in the contemporary world, detached from the classic entrepreneurial paradigm in keeping with which a business appears, grows and matures, are undergoing a process of adjustment to the new concept of sustainability, focusing on reconciling global, regional, national and local economic development and the quality of the environment. The practical organization of a responsible and sustainable business, the results of which are ever new products and services, which creates new jobs, and contributes, by aggregating systematically, to assessing new macroeconomic results, from GDP or NDP to import and export, and especially to sustainable economic development, requires the presence of both the three classical factors, i.e., capital, labour and location (land, and the other three essential new factors, which are called technology, information and the specific skills of the business owner, or simply of the entrepreneur.

  14. TRAINING IN ETHICS OF HUMAN CAPITAL TO BUSINESS DEVELOPMENT

    OpenAIRE

    Neyda Ibañez; Rubén Castillo

    2009-01-01

    The purpose of the investigation was to interpret training in ethics for action business students an introduction to the economy of the Faculty of Social and Economic Sciences at the University of Carabobo, as part of professional development in business studies. The investigation was addressed within the paradigm post positivist using ethnographic and hermeneutic method, descriptive mode of scientific research and technique participant-observation. It concludes that training in ethics manage...

  15. Business Groups Exist in Developed Markets Also: Britain Since 1850

    OpenAIRE

    Jones, Geoffrey G.

    2016-01-01

    Diversified business groups are well-known phenomenon in emerging markets, both today and historically. This is often explained by the prevalence of institutional voids or the nature of government-business relations. It is typically assumed that such groups were much less common in developed economies, and largely disappeared during the twentieth century. This working paper contests this assumption with evidence from Britain between 1850 and the present day. During the nineteenth century merc...

  16. Fueling innovation in medical devices (and beyond): venture capital in health care.

    Science.gov (United States)

    Ackerly, D Clay; Valverde, Ana M; Diener, Lawrence W; Dossary, Kristin L; Schulman, Kevin A

    2009-01-01

    Innovation in health care requires new ideas and the capital to develop and commercialize those ideas into products or services. The necessary capital is often "venture capital," but the link between public policy and the venture capital industry has not been well examined. In this paper we explore the link between venture capital and innovation in health care, and we present new descriptive data from a survey of health care venture capital fund managers. Respondents generally viewed policy levers (for example, reimbursement and regulations) as important risks to venture capital investments, potentially affecting their ability to raise capital for early-stage investment funds.

  17. Dominique-Janine extension, McClean Lake project, and midwest joint venture: report of the joint Federal-Provincial panel on uranium mining developments in Northern Saskatchewan

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1993-10-01

    A report of the joint federal-provincial panel on uranium mining developments in northern Saskatchewan. The review of the projects have taken into consideration the impact upon the peoples living in northern Saskatchewan. Benefits will be seen in the form of employment, business opportunities and royalties while causing only a small incremental increase to existing environmental and health risks.

  18. Dominique-Janine extension, McClean Lake project, and midwest joint venture: report of the joint Federal-Provincial panel on uranium mining developments in Northern Saskatchewan

    International Nuclear Information System (INIS)

    1993-10-01

    A report of the joint federal-provincial panel on uranium mining developments in northern Saskatchewan. The review of the projects have taken into consideration the impact upon the peoples living in northern Saskatchewan. Benefits will be seen in the form of employment, business opportunities and royalties while causing only a small incremental increase to existing environmental and health risks

  19. Tendencies of development of the world market of business tourism

    Directory of Open Access Journals (Sweden)

    Dekhtyar Nadiya A.

    2014-01-01

    Full Text Available The goal of the article is detection of common tendencies of MICE (Meetings, Incentives, Conferences, and Exhibitions industry functioning and identification of directions of development of the national market of business tourism. The article considers the problems of the Ukrainian business tourism at this stage, provides a review of recommendations regarding increase of competitiveness of the national tourist product, conducts a statistical study of main macro-economic indicators of the world market of tourist services and segment of business tourism as one of its most important components, conducts analysis of dynamics of the industry development using examples of the leading countries of the world. A special attention is paid to exhibition activity – the most large scale element of the MICE industry. In the result of the study the article reveals changes in ratings of indicators of functioning of the sphere of business tourism in some countries, lists leading exporters and importers of tourist products on the basis of data of the World Travel and Tourism Council and the World Bank, and identifies position of Ukraine at separate segments of the market of business tourism, due to which it makes a recommendation to use the niche strategy. Prospects of further studies in this direction are analysis of interrelations between basic indicators of development of the world industry of business tourism with the use of economic and mathematical methods and construction of forecast models by micro-regions of the world.

  20. Entrepreneurship And Business Management - Exploring Linkages For Sustainable Development

    Directory of Open Access Journals (Sweden)

    Dr Serah K Mbetwa

    2015-08-01

    Full Text Available Entrepreneurs have emerged as market leaders in todays business world amidst the numerous economic turmoil constantly affecting economies on a global scale. This research paper is on entrepreneurship and business management and its linkages to other business stakeholders. The research paper therefore discusses entrepreneurship and business management exploring the linkages to available financing and potential institutions for startup capital by linking entrepreneurs to the government financiers and the public clientele. It is believed that this can bring about achievement of sustainable development goals translating into sustainable development and hence economic growth. The idea of funding is echoed by Robert Rice 2016 An entrepreneur without funding is like a musician with no instruments. Sustainability and entrepreneurship sustainopreneurship is made possible with availability of information on linkages between entrepreneurs and financial lending institutions as well as government policy. It is hoped that the research will add to the existing knowledge and help entrepreneurs with funding options for their business ideas to come to life. Findings show that the government financial lending institutions and the public are the major linkages between entrepreneurship and business management and are critical for attaining sustainable development goals and achieving economic growth.

  1. Leveraging Effectual Means through Business Plan Competition Participation

    Science.gov (United States)

    Watson, Kayleigh; McGowan, Pauric; Smith, Paul

    2015-01-01

    This paper explores whether the business plan competition (BPC), as a classically causational mechanism for extracurricular entrepreneurship education, can facilitate the development of the means that underpin an effectual approach to new venture creation. In-depth, open-ended qualitative interviews were conducted with participants in a regional…

  2. Characteristics and drivers of venture capital investment activity in Romania

    Directory of Open Access Journals (Sweden)

    Mihaela DIACONU

    2012-07-01

    Full Text Available The present paper aims at characterising the venture capital market and identifying factors affecting the venture capital investments activity in Romania in the period 2000-2010. With a view to assessing the intensity of manifestation of various factors on the supply and demand of venture capital we use an econometric model of macroeconomic variables already tested in the literature. We consider, however, that we bring contributions to the approach, by analysing the features of the venture capital market in Romania and impact factors, our work being, at the same time, support in assessing the types of decisions to be adopted by policymakers to the formation of an authentic market and stimulating innovation. Our results indicate that the total R&D intensity is the main determinant of the venture capitals invested in this period in the two phases (for early stages and expansion. A significant incidence, mainly on the supply side, also shows the annual long term real interest rate, while the market capitalisation, the effective marginal tax rate on corporate income, the annual inflation or unemployment rate do not impact on the venture capital. Our recommendations, in terms of formation and development of the venture capital market, look as a priority, strengthening the demand for resources, respectively encouraging of enterprises to innovate, creating of conditions for the supply to be manifested in the seed and start-up stages and the compatibilization of the need for resources with prudential rules by adapting regulations for institutional investors.

  3. Parallel Development of Products and New Business Models

    DEFF Research Database (Denmark)

    Lund, Morten; Hansen, Poul H. Kyvsgård

    2014-01-01

    The perception of product development and the practical execution of product development in professional organizations have undergone dramatic changes in recent years. Many of these chances relate to introduction of broader and more cross-disciplinary views that involves new organizational functi...... and innovation management the 4th generation models are increasingly including the concept business models and business model innovation....... functions and new concepts. These chances can be captured in various generations of practice. This paper will discuss the recent development of 3rd generation product development process models and the emergence of a 4th generation. While the 3rd generation models included the concept of innovation...

  4. 78 FR 57619 - Secretarial Infrastructure Business Development Mission to Mexico November 18-23, 2013

    Science.gov (United States)

    2013-09-19

    ..., 2013, regarding the Secretarial Infrastructure Business Development Mission to Mexico November 18-23... and Applications section of the Notice of the Secretarial Infrastructure Business Development Mission... DEPARTMENT OF COMMERCE International Trade Administration Secretarial Infrastructure Business...

  5. 12 CFR 347.107 - Joint ventures.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Joint ventures. 347.107 Section 347.107 Banks... INTERNATIONAL BANKING § 347.107 Joint ventures. (a) Joint ventures. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization that is a joint venture, and the bank or its...

  6. Developments in Business Gaming: A Review of the Past 40 Years

    Science.gov (United States)

    Faria, A. J.; Hutchinson, David; Wellington, William J.; Gold, Steven

    2009-01-01

    This article examines developments in business simulation gaming during the past 40 years. Covered in this article are a brief history of business games, the changing technology employed in the development and use of business games, changes in why business games are adopted and used, changes in how business games are administered, and the current…

  7. DEVELOPMENT OF ENTREPRENEURSHIP AT THE RESORT BUSINESS ENTERPRISES

    Directory of Open Access Journals (Sweden)

    Iryna Mendela

    2017-08-01

    Full Text Available The term “entrepreneurship” is exceedingly widespread in the western management. Its essence is to provide the employee, who has a perspective idea with the possibility to use the company's resources for its implementation, thereby realizing one’s business opportunities. It can be viewed as an activity of the enterprise to achieve goals on the basis of the use of business opportunities. The partnership in the innovative activity is crucial for the effectiveness of its implementation. The partnership does not imply complete equality: professional partnership is characterized by the fact that senior ex official partners receive greater rewards and are less involved in the current work than younger counterparts. The scientific approaches concerned in developing and realization of business conception are particularly relevant in terms of overcoming the economic crisis, effective development and specialization of regional tourist and recreational complexes. The advantages of the entrepreneurship over traditional ways of tourism and recreational activities’ organization are singled out. The principles of behavior of market participants on the market of resort services are defined. The peculiarities of service enterprises are distinguished. The process of stimulating development of company entrepreneurship at resort business enterprise is considered. Based on factors of external and internal environment of business activity, differences that characterize entrepreneurship in tourism and recreation industry, trends of development, achievements of economics it was found that resort business development will stimulate entrepreneurship within the enterprise. Management system, economic indicators of business activity effectiveness, quality of service, integration, clustering, coenterprising and entrepreneurship provide realization of enterprising conception. Key words: Entrepreneurship, intellectual product, innovative idea, intracapital, social

  8. In search of viable business models for development: sustainable energy in developing countries

    NARCIS (Netherlands)

    Kolk, A.; van den Buuse, D.

    2012-01-01

    Purpose - Although the crucial role of business, and of business-based approaches, in development is increasingly emphasised by academics and practitioners, insight is lacking into the "whether and how" of viable business models, in environmental, social and economical terms. This article analyses

  9. Finishing touch to joint venture

    CERN Multimedia

    2003-01-01

    "A new process for polishing titanium and its alloys has been announced following an agreement between Bripol (an Anopol/Delmet joint venture) of Birmingham and the European Organisation for Nuclear Reseach (CERN) in Geneva" (1 paragraph).

  10. Mudaraba-Venture Capital Closed-end Mutual Funds and Mudaraba-Venture Capital Open-end Mutual Funds

    OpenAIRE

    Halil Ibrahim Bulut

    2008-01-01

    The important part of this study attempts to explain that both venture capital and interest-free financing are based on similar ground, if not the same. Two new models called Mudaraba-Venture Capital Closed-End Mutual Funds and Mudaraba-Venture Capital Open-End Mutual Funds, based on both the similarities and the needs of financial innovation in the interest-free financing system, are detailed. It is believed that the development of these two models could make some improvements not only in th...

  11. THE IMPORTANCE OF VENTURE CAPITAL

    Directory of Open Access Journals (Sweden)

    IRINA ANGHEL-ENESCU

    2013-05-01

    Full Text Available Created in the United States of America, Venture Capital is an asset class which attracted recently the attention of the policy makers all over the world. But the concept is still not clearly defined and understood. This paper attempts at introducing in the concept, its characteristics, and reviewing some of the benefits Venture Capital investments can bring at both the macroeconomic level, by looking at the correlation with the economic growth, and at the microeconomic level, for the portfolio companies.

  12. Empowering global software development with business intelligence

    OpenAIRE

    Maté Morga, Alejandro; Trujillo Mondéjar, Juan Carlos; García, Félix; Serrano Martín, Manuel; Piattini, Mario

    2016-01-01

    Context: Global Software Development (GSD) allows companies to take advantage of talent spread across the world. Most research has been focused on the development aspect. However, little if any attention has been paid to the management of GSD projects. Studies report a lack of adequate support for management’s decisions made during software development, further accentuated in GSD since information is scattered throughout multiple factories, stored in different formats and standards. Objective...

  13. The Relationship between a Business Simulator, Constructivist Practices, and Motivation toward Developing Business Intelligence Skills

    Directory of Open Access Journals (Sweden)

    Ju Long

    2016-11-01

    Full Text Available Developing Business Intelligence (BI has been a top priority for enterprise executives in recent years. To meet these demands, universities need to prepare students to work with BI in enterprise settings. In this study, we considered a business simulator that offers students opportunities to apply BI and make top-management decisions in a system used by real-world professionals. The simulation-based instruction can be effective only if students are not discouraged by the difficulty of using the BI computer system and comprehending the complex BI subjects. Constructivist practices embedded in the business simulation are investigated to understand their potentials for helping the students to overcome the perceived difficulty. Consequently, it would enable instructors to more efficiently use the simulator by providing insights on its pedagogical practices. Our findings showed that the constructivist practices such as collaboration and subject integration positively influence active learning and meaningful learning respectively. In turn, both active learning and meaningful learning positively influence business intelligence motivational behavior. These findings can be further used to develop a robust learning environment in BI classes.

  14. Metamodeling for Business Model Design : Facilitating development and communication of Business Model Canvas (BMC) models with an OMG standards-based metamodel.

    OpenAIRE

    Hauksson, Hilmar

    2013-01-01

    Interest for business models and business modeling has increased rapidly since the mid-1990‘s and there are numerous approaches used to create business models. The business model concept has many definitions which can lead to confusion and slower progress in the research and development of business models. A business model ontology (BMO) was created in 2004 where the business model concept was conceptualized based on an analysis of existing literature. A few years later the Business Model Can...

  15. Business symbiosis between developing and industrialised countries

    International Nuclear Information System (INIS)

    Alfsen, Knut H.; Sygna, Linda

    1999-01-01

    The article discusses problems of soil conservation and use. Research into the possibilities of improving soil quality by carbon storage is surveyed. An integration of soil carbon storage into the green development mechanisms in the Kyoto protocol may prove to be environmentally beneficial and economically profitable to both the developing and the industrialised countries

  16. Management Approach for Earth Venture Instrument

    Science.gov (United States)

    Hope, Diane L.; Dutta, Sanghamitra

    2013-01-01

    The Earth Venture Instrument (EVI) element of the Earth Venture Program calls for developing instruments for participation on a NASA-arranged spaceflight mission of opportunity to conduct innovative, integrated, hypothesis or scientific question-driven approaches to pressing Earth system science issues. This paper discusses the EVI element and the management approach being used to manage both an instrument development activity as well as the host accommodations activity. In particular the focus will be on the approach being used for the first EVI (EVI-1) selected instrument, Tropospheric Emissions: Monitoring of Pollution (TEMPO), which will be hosted on a commercial GEO satellite and some of the challenges encountered to date and corresponding mitigations that are associated with the management structure for the TEMPO Mission and the architecture of EVI.

  17. Applying open source innovation approaches in developing business innovation

    DEFF Research Database (Denmark)

    Aagaard, Annabeth; Lindgren, Peter

    2015-01-01

    and managed effectively in developing business model innovation. The aim of this paper is therefore to close this research gap and to provide new knowledge within the research field of OI and OI applications. Thus, in the present study we explore the facilitation and management of open source innovation...... in developing business model innovation in the context of an international OI contest across five international case companies. The findings reveal six categories of key antecedents in effective facilitation and management of OI in developing business model innovation.......More and more companies are pursuing continuous innovation through different types of open source innovation and across different partners. The growing interest in open innovation (OI) originates both from the academic community as well as amongst practitioners motivating further investigation...

  18. CSR and Development: Is business appropriating global justice?

    OpenAIRE

    Michael Blowfield

    2004-01-01

    Corporate Social Responsibility (CSR) is being promoted as an approach to international development, but is also being criticized by development organizations. Michael Blowfield examines the evidence of CSR's supporters and critics, and argues that embedded within CSR is a particular interpretation of social justice that raises specific questions about how far we want business to shape the direction of international development. Development (2004) 47, 61–68. doi:10.1057/palgrave.development.1...

  19. Visualisation as the Link Betwen User Data and Business Development

    DEFF Research Database (Denmark)

    Rasmussen, Jørgen; Geert Jensen, Birgitte; Schiønning Mortensen, Bo

    to frame what value their users are seeking, and develop concepts for ways to change the companies business model to deliver the value in demand. The article inscribes itself in G.K. Van Patter's theories about sensemaking, in which visual mapping and concept development into specific areas and topics...

  20. LNG ventures raise economic, technical, partnership issues

    International Nuclear Information System (INIS)

    Acord, H.K.

    1995-01-01

    The author feels that natural gas will remain a competitive energy alternative and the preferred fuel for many residential and industrial customers around the globe. The article attempts to explain where liquefied natural gas will fit into the global picture. The paper discusses the growth in the Asia-Pacific region; the complex interactions in a LNG project involving buyers, sellers, governments, financial institutions, and shipping companies; the cost of development of such projects; and the elements of a LNG venture

  1. Business success and psychological traits of housing developers

    Directory of Open Access Journals (Sweden)

    Mastura Jaafar

    2014-06-01

    Full Text Available Although the issues on entrepreneurship in the real estate industry are disparaging and have received little interest from global researchers, the significant roles played by the industry players warrant further investigation. The personal traits of the owners/managers are deemed to be the key factors to the business success of housing development firms. This paper examined the main determinants of successful business in the housing development sector under the lens of psychological traits of the owners/managers. To identify the success factors of housing development firms, interviews were conducted on 10 housing developers in Peninsular Malaysia. The study shows the significant psychological traits that distinguish the business success of housing developers compared with those in the existing literature. These factors are (1 high confidence and ambition, (2 vision and foresight, (3 industriousness, (4 perseverance and (5 integrity. As housing development is a risky industry, developers can use these findings as a guideline in managing their business toward superior performance.

  2. Business Collaboration in Food Networks: Incremental Solution Development

    Directory of Open Access Journals (Sweden)

    Harald Sundmaeker

    2014-10-01

    Full Text Available The paper will present an approach for an incremental solution development that is based on the usage of the currently developed Internet based FIspace business collaboration platform. Key element is the clear segmentation of infrastructures that are either internal or external to the collaborating business entity in the food network. On the one hand, the approach enables to differentiate between specific centralised as well as decentralised ways for data storage and hosting of IT based functionalities. The selection of specific dataexchange protocols and data models is facilitated. On the other hand, the supported solution design and subsequent development is focusing on reusable “software Apps” that can be used on their own and are incorporating a clear added value for the business actors. It will be outlined on how to push the development and introduction of Apps that do not require basic changes of the existing infrastructure. The paper will present an example that is based on the development of a set of Apps for the exchange of product quality related information in food networks, specifically addressing fresh fruits and vegetables. It combines workflow support for data exchange from farm to retail as well as to provide quality feedback information to facilitate the business process improvement. Finally, the latest status of theFIspace platform development will be outlined. Key features and potential ways for real users and software developers in using the FIspace platform that is initiated by science and industry will be outlined.

  3. The Business of iPhone App Development

    CERN Document Server

    Wooldridge, Dave

    2010-01-01

    The phenomenal success of the iPhone and the iPod touch has ushered in a "gold rush" for developers, but with well over 100,000 apps in the highly competitive App Store, it has become increasingly difficult for new apps to stand out in the crowd. Achieving consumer awareness and sales longevity for your iPhone app requires a lot of organization and some strategic planning. This book will show you how to incorporate marketing and business savvy into every aspect of the design and development process, giving your app the best possible chance of succeeding in the App Store. The Business

  4. Developing Business School Strategies: A Practitioner-Oriented Conceptualization

    Directory of Open Access Journals (Sweden)

    Daniel Seelhofer

    2016-03-01

    Full Text Available This conceptual paper examines the rationale for strategic planning in business schools and outlines an applied strategy development and controlling process that has been in use at a major Swiss business school for several years, contributing to a significant strengthening of the school's strategic position. It explains the strategy hierarchy and the strategy planning cycle, describes how to conduct a consistent strategic situation analysis, and details how to develop and manage a coherent strategy at all levels (normative, strategic, tactical, and operational, including type, nature, and structure of the corresponding documents.

  5. An Integrated Sustainable Business and Development System: Thoughts and Opinions

    Directory of Open Access Journals (Sweden)

    Rachel J. C. Chen

    2014-09-01

    Full Text Available Companies understand the importance of monitoring and managing their environmental impacts and aim to integrate, with consistent quality control, effective reduce-reuse-recycle programs and risk preventions. By building an integrated sustainable business and development system to meet certain environmental standards, many companies are eligible to be “green” certified. Companies may consider recognizing global visions on sustainability while implementing local best practices. An integrated sustainable business and development system includes talent management, sustainable supply chain, practicing strategies of leveraging resources effectively, implementing social responsibilities, initiating innovative programs of recycling, reducing, and reusing, advancing leaders’ perceptions towards sustainability, reducing innovation barriers, and engaging sustainable practices strategically.

  6. 'Soft' human resource management in small international joint ventures

    DEFF Research Database (Denmark)

    Dao, Li

    2012-01-01

    This paper examines the value creation aspects of HRM in international joint ventures of a relatively small size and their implications for strategic management. We assume that HRM in this context is rather a process than a function, and a ‘soft’ – humanistic rather than a ‘hard’, instrumentalist...... of joint venture autonomy. A conceptual framework developed from these empirical insights invites further generalizing efforts, and more importantly, contributes to a dynamic understanding of HRM in small IJVs....

  7. Fire and EMS Districts, This data is being developed as a joint venture between the City of Yuma, Yuma County and all other municipalities within Yuma County, Published in 2010, 1:2400 (1in=200ft) scale, City of Yuma Government.

    Data.gov (United States)

    NSGIC Local Govt | GIS Inventory — Fire and EMS Districts dataset current as of 2010. This data is being developed as a joint venture between the City of Yuma, Yuma County and all other municipalities...

  8. Development through Business: What Do American Business Students Know about Emerging Markets and Opportunities in Africa?

    Science.gov (United States)

    Moore, Kelli N.

    2010-01-01

    This article investigates how Africa is taught in business and examines African and American student perspectives on business in Africa. Conclusions find that African students, business students or not, had more knowledge about business and economic structures than American business students; however, learning about successful case studies on…

  9. Sustainable Business Development Through Leadership in SMEs

    OpenAIRE

    Szczepańska-Woszczyna Katarzyna; Kurowska-Pysz Joanna

    2016-01-01

    The aim of this paper is to examine the role and scope of the influence of leadership on the sustainable development of SMEs. Research methods included the theoretical analysis of scientific literature and a direct survey. The quantitative sample for analysis contained 138 managers, the representatives of companies (SMEs) located in Poland. The data was collected in November and December 2015.

  10. Fashion Retail Master Data Model and Business Development

    DEFF Research Database (Denmark)

    Hovmøller, Harald; Tambo, Torben

    2014-01-01

    Retailing, and particularly fashion retailing, is changing into a much more technology driven business model using omni-channel retailing approaches. Also analytical and data-driven marketing is on the rise. However, there has not been paid a lot of attention to the underlying and underpinning...... datastructures, the characteristics for fashion retailing, the relationship between static and dynamic data, and the governance of this. This paper is analysing and discussing the data dimension of fashion retailing with focus on data-model development, master data management and the impact of this on business...... development in the form of increased operational effectiveness, better adaptation the omni-channel environment and improved alignment between the business strategy and the supporting data. The paper presents a case study of a major European fashion retail and wholesale company that is in the process...

  11. DEVELOPMENT ACQUIREMENTS AND WORKING LIFE COLLABORATION OF INTERNATIONAL HIGHER EDUCATION STUDENTS : Case: Digital Business Development

    OpenAIRE

    Tuukkanen, Laura; Pudas, Sini

    2014-01-01

    This thesis is commissioned by Mikkeli University of Applied Sciences, Business Department. The research is a case study of an intensive study module Digital Business Development held in August 2014. The purpose of the thesis was to investigate international higher education students’ development acquirements during a three week Digital Business Development course. The research also investigated the success of partnership between Mamk, MPY and international higher education students in th...

  12. The Evidence Base for Developing a Veterinary Business Management Curriculum

    Directory of Open Access Journals (Sweden)

    Elizabeth Jackson

    2016-06-01

    Full Text Available Objective: This paper sets out to highlight the ongoing need for integrated teaching of business skills in the veterinary curriculum.Background: In response to the changing environment of the veterinary profession, it is important to understand the future needs of veterinary practitioners. While changes to the veterinary curriculum have been made in recent years, they have been highly varied across schools and little evidence is available on how these have improved students’ non-technical skills, knowledge, aptitudes, and attitudes. Evidentiary value: This literature review of 23 papers provides a solid basis for the further development of knowledge on business management issues in veterinary curricula. The impact on practice from our findings is substantial. The role of clinicians in academia is recognised as a primary source of engaging students with business management through their day-to-day teaching. Furthermore, the role of first-opinion vets who take on placement students (known as extra mural studies or ‘EMS’ in the UK cannot be underestimated as they play an essential role in ensuring that students perceive business skills with the same importance as clinical skills.Methods: This research draws on the findings of 23 papers that emerged as relevant from the structured literature search.  The search yielded 124 papers but many were excluded because they focused on issues beyond the search strategy, did not report empirical findings so were based largely on discussion and conjecture, were not about the undergraduate veterinary curriculum, were not written in English or were not related to business teaching.Results:  Employers of recent graduates highly value business skills, and often base their hiring decision on non-technical skills, rather than clinical skills. While changes to the veterinary curriculum have been made to include more non-technical training by individual veterinary schools, it is unclear how effective these

  13. Private equity y venture capital: Diferenciación y principales características

    Directory of Open Access Journals (Sweden)

    Leonel Arango Vásquez

    2015-03-01

    Full Text Available El propósito de este artículo es explicar, desde la teoría, dos posibles opciones de financiación que tienen las empresas cuando éstas no pueden acceder a las fuentes tradicionales. La industria del Capital Riesgo surge así como una fuente alternativa de financiación. Esta industria opera a través de vehículos especiales de inversión llamados fondos Private Equity y fondos Venture Capital. En general, los primeros invierten en compañías maduras y desarrolladas, mientras que los segundos lo hacen en empresas nacientes y pequeñas. El ciclo de financiación que proveen estos fondos se estructura en tres etapas principales: captación de recursos, inversión y desinversión. En este artículo se explica la diferencia entre los términos Private Equity y Venture Capital, así como las principales características de las etapas mencionadas.Palabras clave: desinversión; Capital Riesgo; captación de fondos; inversión alternativa; pymes. Private equity and venture capital: Differentiation and main characteristicsAbstractThe purpose of this article with a qualitative approach aims to determine, from the theory the business environment, when companies are not capable to obtain financing through traditional sources, the Private Equity industry is viewed as an alternative source of finance for those companies. This industry operates through special investment vehicles named Private Equity Funds and Venture Capital Funds. In general, the former invest in develop and mature firms, the latter focus on infant and small companies. The financial cycle that these funds supply is structured in three main phases: fundraising phase, investment phase, and divestment phase or exit. This paper explains the difference between Private Equity and Venture Capital, as well as the main characteristics of the mentioned phases; through the methodology of content analysis, which aims to continue the research project of Venture Capital Industry in Colombia

  14. Texaco, carbide form hydrogen plant venture

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Texaco Inc. and Union Carbide Industrial Gases Inc. (UCIG) have formed a joint venture to develop and operate hydrogen plants. The venture, named HydroGEN Supply Co., is owned by Texaco Hydrogen Inc., a wholly owned subsidiary of Texaco, and UCIG Hydrogen Services Inc., a wholly owned subsidiary of UCIG. Plants built by HydroGEN will combine Texaco's HyTEX technology for hydrogen production with UCIG's position in cryogenic and advanced air separation technology. Texaco the U.S. demand for hydrogen is expected to increase sharply during the next decade, while refinery hydrogen supply is expected to drop. The Clean Air Act amendments of 1990 require U.S. refiners to lower aromatics in gasoline, resulting in less hydrogen recovered by refiners from catalytic reforming units. Meanwhile, requirements to reduce sulfur in diesel fuel will require more hydrogen capacity

  15. When Sustainable Development is Core Business

    DEFF Research Database (Denmark)

    Nielsen, Susanne Balslev; Galamba, Kirsten Ramskov

    2010-01-01

    . Originality/value: The paper presents suggestions on the role of facilities management in a sustainable transition of society by changing focus from a typically instrumental approach towards a more holistic management of its facilities. The research provides an insight into the context of FM in a local......Purpose: The purpose of the paper is an attempt to define sustainability in a Facilities Management context and to present a methodology for facilities managers to reflect on their role as system builders. Theory: Theory of transition of large socio-technical systems are used to show the complexity...... of reorganising public building administration into FM for sustainable development. Design/methodology/approach: Understandings of the term Sustainable Facilities Management is identified through reviews of FM literature as well as literature on sustainable buildings and sustainable urban development...

  16. Developing Istanbul into a Regional Business Hub

    Science.gov (United States)

    2004-12-01

    electronics, food retailing, etc.) in four countries (China, Brazil, India and Mexico ). They looked at the changes in industry dynamics...countries of comparable size and development like Argentina and Mexico and only one-quarter the level of FDI attracted into Poland (Öğütçü, September 2002...from 10 East Asian Economies. Economia Internationale, November. 51. Zhang, K. H. (2001). What Attracts Foreign Multinational Corporations to China

  17. Business Models for Start up Business

    OpenAIRE

    Boban, Nitin

    2010-01-01

    Gamingdom is a new start up venture that provides online gaming service utilising the latest cloud computing technology. The high demand, popularity and exponential growth in the number of gaming enthusiasts and the market have brought about this innovative idea. This new venture aims to provide an easy method of gaming through the internet without heavy expenses on hardware and software and also minimising the existing high rate of piracy. A business model is an essential tool for buildin...

  18. Program Management Approach to the Territorial Development of Small Business

    Directory of Open Access Journals (Sweden)

    Natalia Aleksandrovna Knysh

    2016-06-01

    Full Text Available This article presents the results of the research of the application on a state level of the program management approach to the territorial development of small business. Studying the main mechanism of the state policy implementation in the sphere of small business on a regional level, the authors have revealed the necessity to take into account the territorial specificity while the government programs of small business development are being formed. The analysis of the national practice of utilizing the program management mechanism in the regional system of the government support of small entrepreneurship was conducted on the example of Omsk region. The results of the analysis have shown the inefficiency of the current support system for small business and have determined the need to create an integrated model of territorial programming, which would not only contribute to the qualitative development of small business, but also provide the functioning efficiency of program management mechanism. As a result, the authors have created the two-level model of the programming of the territorial development of small business, which allows to satisfy purposefully the needs of entrepreneurship taking into account the specificity of the internal and external environment of the region. The first level of the model is methodological one and it is based on the marketing approach (the concepts of place marketing and relationship marketing to the operation of the program management mechanism. The second level of the model is methodical one. It offers the combination of the flexible methods of management of programming procedure (benchmarking, foresight, crowdsourcing and outsourcing. The given model raises the efficiency of the management decisions of the state structures in the sphere of small business. Therefore, it is interesting for the government authorities, which are responsible for the regional and municipal support programs of small business, as well

  19. CAPITAL STRUCTURE AND VENTURE CAPITAL

    Directory of Open Access Journals (Sweden)

    Becsky-Nagy Patricia

    2015-07-01

    Full Text Available Venture capital significantly changes the capital structure of the portfolio company at the time of the investment. Venture capitalists contribute to the company’s success through their active involvement in the management and their added value appears in the increase of the value of the equity. At the same time with taking active role in the management, agency problem occurs, that complicates the cooperation and the success of exit. In this article we search the answer for the question whether the preferred equity, that are commonly used in the US for bridging the agency problem, are used and able to help Hungarian venture capitalists to manage agency problems. On the other hand we examined how the venture capital affect capital structure, how the venture capitalists value added appear in the capital structure. During the evaluation of the three case studies, we came to the conclusion, that the venture capital investments have positive effect on the liabilities of the enterprises, as the capital structure indexes show. However, the investors need the ownership, which help them to step up resolutely, when things change for the worse, and companies need the expertise, which the investors bring with their personal assistance. The investor’s new attitude also has positive effect on a mature company, which has an experienced leader, because he can show another aspect, as a person who come from outside. During the examination of the capital structure, we cannot disregard the events of the company’s environment, which have effects on the firm. The investor’s decisions also appear different ways. Because of this, every venture capital investment is different, just as the capital structure of the firms, in which they invest.

  20. Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

    Science.gov (United States)

    Romeli, Norsyakilah; Muhamad Halil, Faridah; Ismail, Faridah; Sufian Hasim, Muhammad

    2018-03-01

    As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

  1. Infrastructure Joint Venture Projects in Malaysia: A Preliminary Study

    Directory of Open Access Journals (Sweden)

    Romeli Norsyakilah

    2018-01-01

    Full Text Available As many developed country practise, the function of the infrastructure is to connect the each region of Malaysia holistically and infrastructure is an investment network projects such as transportation water and sewerage, power, communication and irrigations system. Hence, a billions allocations of government income reserved for the sake of the infrastructure development. Towards a successful infrastructure development, a joint venture approach has been promotes by 2016 in one of the government thrust in Construction Industry Transformation Plan which encourage the internationalisation among contractors. However, there is depletion in information on the actual practise of the infrastructure joint venture projects in Malaysia. Therefore, this study attempt to explore the real application of the joint venture in Malaysian infrastructure projects. Using the questionnaire survey, a set of survey question distributed to the targeted respondents. The survey contained three section which the sections are respondent details, organizations background and project capital in infrastructure joint venture project. The results recorded and analyse using SPSS software. The contractors stated that they have implemented the joint venture practice with mostly the client with the usual construction period of the infrastructure project are more than 5 years. Other than that, the study indicates that there are problems in the joint venture project in the perspective of the project capital and the railway infrastructure should be given a highlights in future study due to its high significant in term of cost and technical issues.

  2. Hoechst and Wacker plan joint venture in PVC

    International Nuclear Information System (INIS)

    Young, I.

    1992-01-01

    Restructuring of Europe's petrochemical industry has taken a further step with the announcement that Hoechst (Frankfurt) and Wacker Chemie (Munich) are planning a joint venture in polyvinyl chloride (PVC). The venture would include production, R ampersand D, sales and marketing, plus both companies' PVC recycling activities. However, their vinyl chloride monomer (VCM) plants, and Hoechst's Kalle PVC film business, have been left out. Erich Schnitzler, head of Hoechst's PVC business unit, does not anticipate problems with the European Community's competition directorate. We are both among the middle-sized European PVC producers, and together we would have a 9%-10% market share. Our joint venture would not limit competition. Both partners are hoping for approval from Brussels in first-quarter 1993. Hoechst has 255,000 m.t./year of PVC capacity at Gendorfand Knapsack, while Wacker has 365,000 m.t./year at Burghausen and Cologne. All the units, except Wacker's Cologne plant, are back integrated to VCM. The joint venture would buy VCM from the two parent companies and on the merchant market

  3. Report on achievements in fiscal 1998. Venture business growing type consortium - small business creating infrastructure (Research on manufacturing next-generation gas generating agent for air bag); 1998 nendo jisedai air bag yo gas hasseizai no seizo kenkyu seika hokokusho

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    2000-03-01

    Sodium azide has been used for many years as a gas generating agent for automobiles. However, sodium azide has strong toxicity, and is doubted of carcinogenicity. Bistetrazole having no such a drawback is now noticed as the next-generation gas generating agent, and substitution to gas agents having less toxicity is being advanced worldwide. The present research is intended to develop a method to manufacture bistetrazole (BHT) which does not by-produce wastes in a large amount, is friendly to environment, and economical. Research and development works were performed on manufacturing dicyanide as the raw material by using the electrolytic process and by using the catalytic process, while both processes were found successful. In the reaction to synthesize BHT from the manufactured dicyanide and sodium azide, high crystalline purity and yield as high as 94.5% have been achieved. As a result of having discussed improvement on the one-pot process that synthesizes BHT directly, not going through handling of the produced dicyanide, solution was made on a method to remove impurities, and conditions to produce BHT at high yield were discovered. This new catalytic process provides a total yield of 80%, successfully reducing the manufacturing cost. (NEDO)

  4. MEASUREMENT PROCESS OF SOFTWARE DEVELOPMENT PROJECTS FOR SUPPORTING STRATEGIC BUSINESS OBJECTIVES IN SOFTWARE DEVELOPING COMPANIES

    Directory of Open Access Journals (Sweden)

    Sandra Lais Pedroso

    2013-08-01

    Full Text Available Software developing companies work in a competitive market and are often challenged to make business decisions with impact on competitiveness. Models accessing maturity for software development processes quality, such as CMMI and MPS-BR, comprise process measurements systems (PMS. However, these models are not necessarily suitable to support business decisions, neither to achieve strategic goals. The objective of this work is to analyze how the PMS of software development projects could support business strategies for software developing companies. Results taken from this work show that PMS results from maturity models for software processes can be suited to help evaluating operating capabilities and supporting strategic business decisions.

  5. Business environment factors and business performance: the case of Macedonia – a developing economy

    OpenAIRE

    Marjanova Jovanov, Tamara; Temjanovski, Riste

    2015-01-01

    One of the key elements of economic development is the private business sector i.e. entrepreneurs with strong and durable competitive advantage. Entrepreneurs are being recognized as the driving force of higher employment rates, improved standard of living, production of value-added products and services, increased innovation, and in general, as the creator of strong economies. The main goal of this analysis is to prove that some specific factors of the internal (customer orientation degree t...

  6. Developing business opportunities for hydrogen storage

    International Nuclear Information System (INIS)

    Thompson, R.

    2001-01-01

    A quick review of the history of Dynetek Industries Limited was provided. During the period 1991-1995, it began research and development efforts in the field of advanced lightweight fuel storage systems and the DyneCell R Fuel Storage Systems was introduced on the market. In 1997, it began supplying Ballard Power Systems with hydrogen fuel tanks. Trading on the Toronto Stock Exchange started in September 2000, and in 2001 Dynetek incorporated a 100 per cent European subsidiary, Dynetek Europe GmbH. The advantages of the product are numerous: lightest cylinder on the market with a metallic liner, highest storage capacity of all lightweight designs, non-permeable, one piece, seamless aluminium liner, and true fast-fill capabilities to name but a few. Dynetek's vision of market development was introduced. It involves a California demonstration project for the period 2001-2003 which should lead to transit vehicles in 2005-2008. Fleet vehicles are expected to follow suit during the same period, and the consumer market should be ripe in 2010-2015. Some of the challenges facing the industry were discussed and Dynetek's role in meeting them was examined. figs

  7. Antibiotic research and development: business as usual?

    Science.gov (United States)

    Harbarth, S; Theuretzbacher, U; Hackett, J

    2015-01-01

    The global burden of antibiotic resistance is tremendous and, without new anti-infective strategies, will continue to increase in the coming decades. Despite the growing need for new antibiotics, few pharmaceutical companies today retain active antibacterial drug discovery programmes. One reason is that it is scientifically challenging to discover new antibiotics that are active against the antibiotic-resistant bacteria of current clinical concern. However, the main hurdle is diminishing economic incentives. Increased global calls to minimize the overuse of antibiotics, the cost of meeting regulatory requirements and the low prices of currently marketed antibiotics are strong deterrents to antibacterial drug development programmes. New economic models that create incentives for the discovery of new antibiotics and yet reconcile these incentives with responsible antibiotic use are long overdue. DRIVE-AB is a €9.4 million public-private consortium, funded by the EU Innovative Medicines Initiative, that aims to define a standard for the responsible use of antibiotics and to develop, test and recommend new economic models to incentivize investment in producing new anti-infective agents. © The Author 2015. Published by Oxford University Press on behalf of the British Society for Antimicrobial Chemotherapy. All rights reserved. For Permissions, please e-mail: journals.permissions@oup.com.

  8. 75 FR 77190 - Exemptions for Advisers to Venture Capital Funds, Private Fund Advisers With Less Than $150...

    Science.gov (United States)

    2010-12-10

    ...\\ Goldstein v. Securities and Exchange Commission, 451 F.3d 873 (D.C. Cir. 2006) (``Goldstein''). \\19\\ Section....'''). See also Loy Testimony, supra note 40, at 7 (noting the factors by which the venture capital industry... capital'' activity in capital formation for small businesses.\\47\\ The BDC provisions and venture capital...

  9. Development of the businesses through the companies for market research

    Directory of Open Access Journals (Sweden)

    Agim Zuzaku

    2015-03-01

    Full Text Available Market research as the main part of the marketing is very important for the development of businesses as well as for the opportunity in the creation new jobs. The purpose of this paper is to provide the incentives for the businesses to conduct market research while justifying that the market research is an important factor in the decision making process of the businesses and it impacts the development of their business activities by creating a safe decision-making through market research. In order to convert successfully any business ideas with high capital incomes, it is important for the companies to understand and to determine the right value of their investment. For this particular reason, it is important to address the thesis about how the investment in the market research proves the usefulness or the profit for the company. Nowadays, the market research is not only conducted to gather the information about the market and the collection of data. However, very often it is used even to assist in the identification of the opportunities for the future (this has been referred several times as “market research” ‘to point out the difference from’ data collection’. Market research is priceless in the creation process of the new products, services, brands or advertisements (Keegan, 2009. In the case of Kosovo, market research has found very limited room within the strategies for business development. According to the Kosovo Statistics Agency, during 2013, a total of 9421 enterprises have been registered, whereas in total 1508 enterprises or 16 % of the enterprises registered in 2013 have closed (Kosovo Statistics Agency, 2014. In the framework of this research, we have performed a research with the companies that provide services for market research in order to find out how a market research in Kosovo is conducted and in case the number of market research is increased, how much would it impact the creation of new jobs.

  10. RADAR 2020. Outline of important future developments for installation businesses

    International Nuclear Information System (INIS)

    Pleijster, F.; Braaksma, R.; Van Hoorik, P.; Pikaart, A.; Zwinkels, A.; Muizer, A.

    2010-11-01

    This RADAR focuses on future trends in the broad field of the installation industry with the aim of developing supporting policy for the installation businesses based on the objectives of UNETO-NVO and OTIB. Trends that can be earmarked as relevant for the installation industry are: Social development, Economic development, Technological development, Organizational development, Economic development, and Political development. In this framework, attention is mainly paid to the developments in the following working areas of the installation industry: Climate Engineering, Electrical Engineering, Sanitary engineering, and ICT. [nl

  11. TRAINING IN ETHICS OF HUMAN CAPITAL TO BUSINESS DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Neyda Ibañez

    2009-04-01

    Full Text Available The purpose of the investigation was to interpret training in ethics for action business students an introduction to the economy of the Faculty of Social and Economic Sciences at the University of Carabobo, as part of professional development in business studies. The investigation was addressed within the paradigm post positivist using ethnographic and hermeneutic method, descriptive mode of scientific research and technique participant-observation. It concludes that training in ethics management must transcend the economic theories located in the teleological by financial or economic interests toward the teleological including humanism.

  12. Microsoft SQL Server 2014 Business Intelligence development beginner's guide

    CERN Document Server

    Rad, Reza

    2014-01-01

    Written in an easy-to-follow, example-driven format, there are plenty of step-by-step instructions to help get you started! The book has a friendly approach, with the opportunity to learn by experimenting.If you are a BI and Data Warehouse developer new to Microsoft Business Intelligence, and looking to get a good understanding of the different components of Microsoft SQL Server for Business Intelligence, this book is for you.It's assumed that you will have some experience in databases systems and T-SQL. This book is will give you a good upshot view of each component and scenarios featuring th

  13. Development of LLW and VLLW disposal business cost estimation system

    International Nuclear Information System (INIS)

    Koibuchi, Hiroko; Ishiguro, Hideharu; Matsuda, Kenji

    2004-01-01

    In order to undertake the LLW and VLLW disposal business, various examinations are carried out in RANDEC. Since it is important in undertaking this business to secure funds, a disposal cost must be calculated by way of trial. However, at present, there are many unknown factors such as the amount of wastes, a disposal schedule, the location of a disposal site, and so on, and the cost cannot be determined. Meanwhile, the cost depends on complicated relations among these factors. Then, a 'LLW and VLLW disposal business cost estimation system' has been developed to calculate the disposal cost easily. This system can calculate an annual balance of payments by using a construction and operation cost of disposal facilities, considering economic parameters of tax, inflation rate, interest rate and so on. And the system can calculate internal reserves to assign to next-stage upkeep of the disposal facilities after the disposal operation. A model of disposal site was designed based on assumption of some preconditions and a study was carried out to make a trial calculation by using the system. Moreover, it will be required to reduce construction cost by rationalizing the facility and to make flat an annual business spending by examining the business schedule. (author)

  14. Design for new business development : using an effectual approach?

    NARCIS (Netherlands)

    Reymen, I.M.M.J.

    2010-01-01

    For both managing as well as designing, there is increasingly a need to deal with high uncertainty, to keep control and at the same time be flexible and open for creativity. This position paper focuses on new business development processes, which are viewed as design processes. More specific, it

  15. Organising new business development: Open Innovation at Degussa

    NARCIS (Netherlands)

    Bröring, S.; Herzog, P.

    2008-01-01

    Abstract: Purpose - To analyse different organizational tools of business development used in practice. This analysis seeks to address the question of how an organization can achieve the recurring shift from exploration to exploitation and at the same time manage to balance its open and closed

  16. Knowledge management challenges in new business development : Case study observations

    NARCIS (Netherlands)

    Berends, Hans; Vanhaverbeke, Wim; Kirschbaum, Robert

    2007-01-01

    This paper's focus is on the knowledge management challenges that come along with technology-based new business development (NBD). NBD thrives upon the exploration of knowledge, under radical uncertainty. Furthermore, existing knowledge may both enable and constrain the radical innovation process.

  17. Guidelines for developing healthy nutrition in business hotel

    Directory of Open Access Journals (Sweden)

    Iryna Magaletska

    2015-08-01

    Full Text Available Developing healthy food in the business hotel is an integral part of the overall concept. Using natural ingredients with predicted physiological effect allows creating technology of products with higher biological value. The using of alternative products allows making dishes with preventive properties

  18. Collaborative business model development for home energy renovations

    NARCIS (Netherlands)

    Mlecnik, E.; Straub, A.; Haavik, T

    2018-01-01

    In the EU, housing retrofit rates have to increase to about 2.5–3% of the housing stock per year to achieve policy goals. The development of new business models and collaboration of SMEs in a fragmented market is expected to result in an increase in home renovations. This study presents a way to

  19. Perceived challenges in business development of smallholder dairy ...

    African Journals Online (AJOL)

    Dairy farmers face various challenges in developing their businesses. The current literature identifies several constraints towards a more efficient dairy sector that relate mostly to on-farm management practices. The available studies analyze constraints mostly from the objective viewpoint of the researcher, whereas very ...

  20. Assessment of Critical Business Skill Development by MBA Alumni

    Science.gov (United States)

    Glynn, Joseph G.; Wood, Gregory R.

    2008-01-01

    Six years of survey data were analyzed to assess, among other things, the degree to which an AACSB accredited graduate business program successfully developed student skills in a variety of areas deemed important for career success. The study illustrates a methodology institutions can use to respond to increasing demands for program evaluation and…

  1. Business Information as a Strategic Factor in Company Development.

    Science.gov (United States)

    Martini, Giorgio

    1992-01-01

    Discusses the role of business information in company development. Types of information within a company are described, including communications information, management information, and planning information; access to organized information is discussed; strategically oriented information management activity is explained; and the relationship…

  2. Venture capital and efficiency of portfolio companies

    Directory of Open Access Journals (Sweden)

    A. Thillai Rajan

    2010-12-01

    Full Text Available Venture Capital (VC has emerged as the dominant source of finance for entrepreneurial and early stage businesses, and the Indian VC industry in particular has clocked the fastest growth rate globally. Academic literature reveals that VC funded companies show superior performance to non VC funded companies. However, given that venture capitalists (VCs select and fund only the best companies, how much credit can they take for the performance of the companies they fund? Do the inherent characteristics of the firm result in superior performance or do VCs contribute to the performance of the portfolio company after they have entered the firm? A panel that comprised VCs, an entrepreneur and an academic debated these and other research questions on the inter-relationships between VC funding and portfolio firm performance. Most empirical literature indicates that the value addition effect dominates the selection effect in accounting for the superior performance of VC funded companies. The panel discussion indicates that the context as well as the experience of the General Partners in the VC firms can influence the way VCs contribute to the efficiency of their portfolio companies.

  3. Managing Innovation and Business Development Using Enterprise Architecture

    DEFF Research Database (Denmark)

    Tambo, Torben; Bækgaard, Lars

    2011-01-01

    technologies. In management of IT, it has become increasingly popular to use Enterprise Architecture (EA) as a method and supported by a series of formal frameworks. EA maps artifacts and motives against the business strategy. In this paper, MOT and EA are reviewed for their mutual potentials and issues. Two...... of well planned technological changes. Management of technology (MOT) addresses identification, selection, (long term) planning, designing, implementation and operation of technology based business development. Information Technology (IT) is a key enabler for a vast range of contemporary corporate...... case studies illustrate how enterprises can make major changes derived from business strategy observing both MOT and EA. This suggests a combined view inspired from the IT business’ dedication to EA using EA’s formalisms and the management orientation of MOT to improve understanding technological...

  4. BUILDING NEW BUSINESS MODELS FOR SUSTAINABLE GROWTH AND DEVELOPMENT

    OpenAIRE

    Taco C. R. van Someren; Shuhua van Someren-Wang

    2011-01-01

    Considered are issues of methodology and methods, as well as ideology of strategic innovation. Using the tools of this approach is offered as mechanisms to develop and build business models for sustainable socio-economic economic growth and development of different regions. The connection between key problems of sustainable development and management policy of different economic entities is studied. The consultancy company Ynnovate’s experience in addressing these issues in the EU and China i...

  5. DEVELOPMENT OF THE FRANCHISE RELATIONS IN THE INTERNATIONAL BUSINESS

    OpenAIRE

    Мазуренко, Валентина Петрівна

    2013-01-01

    The article is about the functioning patterns and modern development tendency of franchise system of the leading company relations of the economically developed countries under conditions of the globalizing business; the comparative analysis of the sectorial distribution of the franchising in U.S., Europe and Ukraine. Also in this article singled out the main factors that hinder the development of a national franchise service market and an improvement of the franchising in Ukraine. 

  6. Developing business in emerging biomass energy markets

    International Nuclear Information System (INIS)

    Kadyszewski, J.

    2005-01-01

    Global market trends for forest products were reviewed in this PowerPoint presentation. The status of biomass energy products in relation to climate change and renewable energy portfolio standards was also examined. It was noted that China has increased investment in processing capacity and has increased imports of raw logs. India has doubled its imports of raw logs. Details of major tropical log producers and consumers were presented. Details of the biomass industry in the United States were presented, as well as data on fuel use at biomass energy plants and biomass energy capacity. An overview of biomass energy in the Russian far east and Siberia was presented, as well as details of activities and opportunities in Brazil and Indonesia. An economic analysis for small dry kilns was presented. Issues concerning boiler capacity in Russian companies for 2001-2005 were discussed. A case study of a biomass project from Congo was presented. It was noted that projects that replace fossil fuels can obtain revenues from the sale of carbon benefits, and that biomass energy offers the most attractive current option for the removal of carbon dioxide (CO 2 ) from the atmosphere. Details of a district heating project in Siberia were presented, and it was noted that in remote regions, costs for heat and power from biomass can be lower than costs from diesel and coal. It was concluded that there will be significant growth for biomass energy systems in the developing world, and that climate change will be an increasingly important element in advancing biomass energy. tabs., figs

  7. The Theun-Hinboun public-private partnership: a critique of the Asian Development Bank's model hydropower venture in Lao PDR

    International Nuclear Information System (INIS)

    Ryder, G.

    1999-10-01

    Financing of the Theun-Hinboun hydroelectric project in Laos, developed by Statkraft, the Norwegian state utility and Vattenfall, its Swedish counterpart, is critiqued. The two utilities put up $ 22 million for Nordic Hydropower's stake in the project and the Norwegian agency for development cooperation provided $ 8 million more for feasibility study, design and environmental mitigation plans. The project was supervised by Nordic Hydropower, a company which also has the contract for operation and management. Electrical and mechanical equipment was supplied by Norwegian and Swedish companies with financing from Nordic export credit agencies and the multilateral Nordic Investment Bank. Proponents of the project consider it as a great success, a 'first' in terms of foreign investment, legal framework, financing, cross-border electricity sale (to Thailand) and logistics. This report suggests that the biggest success of the project's proponents has been their ability to cajole private investors into an otherwise 'unbankable' venture in Laos, which would never have been backed by commercial lenders, who quite apart from country-specific risks, regard hydrodams as high-risk, low return investments, with a reputation for cost overruns and delays due to environmental problems and public opposition, had it not been for the zeal of the Asian Development Bank for public-private partnership. It is charged that as a result of this zeal, willingly assisted by the Nordic export credit agencies, the Government of Laos, and the Electricity Generating Authority of Thailand (EGAT), each for its private reasons, taxpayers responsible for these institutions have been forced to shoulder risks that the private sector prudently refused to take. As part-owners of the project, Lao citizens owe the Asian Development Bank $ 60 million, taxpayers in Nordic countries are responsible for $ 70 million and Thai taxpayers (owners of 20 per cent of the project) will also have to pay irrespective of

  8. 15 CFR 295.25 - Special rule for the valuation of transfers between separately-owned joint venture members.

    Science.gov (United States)

    2010-01-01

    ... transfers between separately-owned joint venture members. 295.25 Section 295.25 Commerce and Foreign Trade...-Led Joint Research and Development Ventures § 295.25 Special rule for the valuation of transfers between separately-owned joint venture members. (a) Applicability. This section applies to transfers of...

  9. Social media in the development of sustainable business

    Directory of Open Access Journals (Sweden)

    Cristian Bogdan Onete

    2013-11-01

    Full Text Available Due to the transformations appeared in the contemporary society, the way natural resources are used, at the United Nations it has been ascertained that a development strategy must be found, strategy which would lead to an effective use or preservation of these ones for the following generations. The use of certain tools to streamline the activities and at the same time to reduce the use of exhaustible resources is required. The businesses conducted in the virtual environment can be an effective way to reach this purpose and social media provides the necessary tools to develop this kind of business. Within this article are presented the ways that social media can become a platform for sustainable business and a support for the development of goods and services that can become sustainable. To determine the image that business environment has on these aspects, a research has been carried out to determine the perception regarding social media and how sale and marketing activities can be realized through the agency of this one.

  10. HIMSS Venture+ Forum and HX360 Provide Industry View of Health Technology Innovation, Startup and Investment Activity; Advancing the New Model of Care.

    Science.gov (United States)

    Burde, Howard A; Scarfo, Richard

    2015-01-01

    Presented by HIMSS, the Venture+ Forum program and pitch competition provides a 360-degree view on health technology investing and today's top innovative companies. It features exciting 3-minute pitch presentations from emerging and growth-stage companies, investor panels and a networking reception. Recent Venture+ Forum winners include TowerView Health, Prima-Temp, ActuaiMeds and M3 Clinician. As an industry catalyst for health IT innovation and business-building resource for growing companies and emerging technology solutions, HIMSS has co-developed with A VIA, a new initiative that addresses how emerging technologies, health system business model changes and investment will transform the delivery of care. HX360 engages senior healthcare leaders, innovation teams, investors and entrepreneurs around the vision of transforming healthcare delivery by leveraging technology, process and structure.

  11. Government Sponsored Venture Capital: Blessing Or Curse?

    Directory of Open Access Journals (Sweden)

    Erika Jáki

    2017-12-01

    Full Text Available Young companies with growth opportunities face serious problems when it comes to financing. The private venture capital (VC market fails to provide sufficient funding for this segment. First, we present the main characteristics of start-up companies and market failures that can lead to government intervention. These failures include asymmetric information embodied in the business plan; high transaction costs of the investment process from the investment decision to the exit; and positive externalities in the economy, as the government prefers other goals than profit realization. Government participation is categorized as direct or indirect intervention. We present international studies showing that indirect government intervention can have both beneficial and negative effects on the vc market. Finally, the Hungarian government’s participation and intervention are evaluated on the domestic VC market.

  12. 7 CFR 4290.320 - Contents of comprehensive business plan.

    Science.gov (United States)

    2010-01-01

    ... 7 Agriculture 15 2010-01-01 2010-01-01 false Contents of comprehensive business plan. 4290.320... comprehensive business plan. (a) Plan for Developmental Venture Capital investing. The Applicant must describe... of the Applicant's business plan. ...

  13. Advancement of Marketing Developing Biotechnology-Based Business

    Directory of Open Access Journals (Sweden)

    Vaidas Vilmantas

    2014-09-01

    Full Text Available The article, in a complex way, analyzes the needs of marketing improvement in developing biotechnology­based business and highlights its role in the context of modern society and globalization challenges. The article distinguishes between the existing problems of biotechnology business, the present perspectives and specific characteristics of developing the marketing of biotechnological business. The paper represents the possibility of the substantial modernization of marketing tools with regard to modelling user’s behaviour, improvement in marketing strategy for the company, the correction of the elements of the marketing complex, changes in the marketing conception inside the company, product and service differentiation and renewal, the encouragement of expansion into other markets, variations in or the expansion of the target market, alternatives to the positioning strategy for the company, an increase in competitive ability and an internal impact of marketing on the varying elements. The article has referred to the analysis of scientific literature and research on the opinions of consumers and experts in the field in the context of biotechnology­based businesses.

  14. Successful behavioral health business development for the millennium.

    Science.gov (United States)

    Pyrce, J M

    1998-08-01

    The business development framework for provider positioning, market share, and competition has significantly shifted in the late 1990s as providers prepare for the millennium. The use of the Marketing Four Ps is a helpful tool for providers to thoroughly evaluate their product/service viability, pricing objectives, promotional mix, and place accessibility, and will allow organizations to reposition in their marketplace, maximize market share, and develop new partnerships with previous competitors.

  15. Training and Learning as Drivers of US Microenterprise Business Plan Quality

    Science.gov (United States)

    Cook, Ronald G.; Belliveau, Paul; Sandberg, Mark E.

    2004-01-01

    This study examined the output quality of a US microenterprise training program created to help entrepreneurs develop business plans for their ventures. The program concludes with the entrepreneurs' plans being scored by a panel of experts. Hypotheses were developed and tested to determine the importance of feedback, key components of business…

  16. The role of crowdfunding in entrepreneurial ventures : an analysis of recent trends in Sweden

    OpenAIRE

    Silver, Lars; Berggren, Björn; Fili, Andreas

    2016-01-01

    The financing of entrepreneurial ventures has been at the forefront of academic debate as well as policy-making discussion for almost a century. In general, there seems to be an agreement that the risks associated with business startups are higher than for mature firms, hence, these ventures will have to pay a higher interest rate than more mature and large firms. In this paper the authors analyze the role of a relatively new form of financing for entrepreneurial ventures – crowdfunding – and...

  17. >venture>: Support for Early Stage Start-ups and Potential Entrepreneurs.

    Science.gov (United States)

    Kauz, Lukas

    2014-12-01

    >venture>, the leading Swiss-wide business plan competition, is an ideal partner for young start-ups and entrepreneurs. For the upcoming tenth anniversary edition the competition will receive an update. Building upon a successful base of the past nine editions and equipped with contemporary networking events and more know-how transferring seminars, >venture> will fit even better into the Swiss start-up ecosystem.

  18. Entrepreneurs vs. Business Plans: A Study of Practicality and Usefulness

    Directory of Open Access Journals (Sweden)

    Sam PD Anantadjaya

    2013-07-01

    Full Text Available Inhigher education, the topic on business plan is relatively studied in great details to note the importance on formulating business plans. Business plans are regarded as the reference point for business people; managers and members of the board of directors, to really realize the business activities. At least, the topic on business plan, which are discussed and studied in universities, ought to have its own value in the real business operations. Many entrepreneurs, however, face difficulties in formulating structural business plans. Many entrepreneurs may not actually formulate business plans as they are regarded important in many classrooms’ teaching, to provide necessary guidance toward corporate governance, opening up new business units, venture agreements, and/or expansion of business operations. Universities should provide connections between what is discussed in classrooms, and the implementation of such discussions in business practices. This research is intended to seek out relationships between the importance of structural business plans, and the practicality and usefulness of business plans for entrepreneurs in young organizations. The reference point for this research is business portfolio theory, both for individual and organization rational theory. One of such means discussed in this paper is the formulation and development of business plans to attract external funding in supporting the needs toward growth.Keywords: entrepreneur, business plan, university, practicality, usefulness

  19. Staged Financing in Venture capital market.

    OpenAIRE

    Damania, Priti

    2009-01-01

    The report shows the venture capital decision making in staged financing from a real option perspective. The report also describes entrepreneur-venture capital relationship from a prisoner's dilemma approach.

  20. Building business from technology: The Sandia experience

    Energy Technology Data Exchange (ETDEWEB)

    Traylor, L.B.

    1995-07-01

    This paper describes New Ventures, a new initiative at Sandia National Laboratories that encourages the creation of new businesses based on laboratory technology as a timely, efficient means of technology transfer. Sandia`s New Ventures program has shown that a dedicated effort can produce significant results. In the three years prior to this program`s launch, just two ventures per year on average were created based on laboratory technology. By comparison, the New Ventures program has enabled 20 new ventures in its first nine months of full operation.

  1. DEVELOPING A TECHNOLOGY-BASED BUSINESS STRATEGY FOR THE INTERNATIONAL BUSINESS OF TELKOM SA

    Directory of Open Access Journals (Sweden)

    M. John

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: This study was aimed at developing a technology-based business strategy for Telkom’s international business. Deregulation, competition and demand for converging voice, data and video in the telecommunication market were the driving forces behind this study. Without a proper strategy, Telkom will not be able to withstand the new competition. As the initial step in strategy formulation, Telkom’s strategic goals were identified. A SWOT analysis was conducted and a strategy formulation map was developed. A technology balance sheet and S-curve models were developed to analyse the current products and technologies. It become evident through the research that there is a high potential for business expansion into Africa and Telkom has sufficient capabilities to support this. The implementation of voice over Internet protocol technology will enable Telkom to deliver international services at competitive rates. The study concluded by developing a technology strategy for Telkom’s international business. Recommendations are put forward and future research gaps are identified.

    AFRIKAANSE OPSOMMING: Die doel van hierdie studie was om ‘n tegnologie-gebaseerde besigheidstrategie vir Telkom se internasionale besigheid te ontwikkel. Deregulering, mededinging en die vraag na konvergensie van stem, data en video in die telekommunikasiemark was die dryfkragte agter hierdie studie. Sonder ‘n behoorlike strategie sal Telkom nie teen die nuwe mededinging kan staande bly nie. As eerste stap in die formulering van ‘n strategie, is Telkom se doelwitte geïdentifiseer. ‘n SWOT-analise is uitgevoer en ‘n strategieformuleringskaart is ontwikkel. ‘n Tegnologiebalansstaat en S-krommemodelle is ontwikkel om die bestaande produkte en tegnologieë te ontleed. Hierdie navorsing het aangetoon dat daar ‘n hoë potensiaal vir uitbreiding van Telkom se besigheid in Afrika bestaan en dat Telkom genoegsame vermoëns besit om dit te

  2. National companies : performance, ventures, utility

    International Nuclear Information System (INIS)

    Didier, F.

    1994-01-01

    The author shows how a performing National Company can efficiently contribute, in line with the producing State, to the negotiation with International Companies and the success of large oil ventures contemplated by reserves-short countries. Fully entrepreneurial, the National Company will usefully ''explore'' touchy matters, and bring closer national rationale and petroleum rationale. (Author)

  3. Russian upstream joint ventures logging progress

    International Nuclear Information System (INIS)

    Anon.

    1992-01-01

    This paper reports that Occidental Petroleum Corp. has begun exporting oil from Russia as part of an enhanced recovery joint venture in western Siberia. Oxy holds a 50% interest in the joint venture company, Vanyoganneft, and will market the oil. In other activity, two Canadian companies are marking progress with Russian upstream joint ventures

  4. PROBLEMS OF BUSINESS MANAGEMENT WITHIN A REAL ESTATE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Dmitriy A. Bryksin

    2013-01-01

    Full Text Available This article describes problems of organization management within a real estate development, the analysis of this problems and the methods of its solution based on the Balanced Scorecard. In present unsteady conditions of business development, commercial activity faces a number of problems. The main types are: the problem of lack of funding, the problem of the growth of a company, the company’s management problem, the problem of business processes, and the problem of the decision-making. As a method to solve the problems is proposed an introduction of the balanced scorecard (BSC, which allows accurately feel the slightest changes in the company, deviation from the planned strategies and adjust the direction of the motion during the life of the company.

  5. THE ROLE OF UNIVERSITIES IN THE DEVELOPMENT OF BUSINESS TOURISM

    Directory of Open Access Journals (Sweden)

    Gabriela Arionesei

    2015-02-01

    Full Text Available In this paper, we investigated the relationship between business tourism and universities, as important factors in the development of a country’s economy. Even though in Romania, business tourism takes place at a slower pace than in other European states, being at an incipient level, it represents a good opportunity for development, since it is the one of the growing and efficient component in the tourism industry, based on the income of urban hotels. Our case-study presents Suceava County having “Stefan cel Mare” University as a research pole that attracts tourists from different countries. The S.W.O.T. analysis we realized gave us the possibility to match strengths and weaknesses against the real threats and recommend some directions for the organization of impact events in the tourism sector.

  6. 13 CFR 108.100 - Business form.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Business form. 108.100 Section 108.100 Business Credit and Assistance SMALL BUSINESS ADMINISTRATION NEW MARKETS VENTURE CAPITAL (âNMVCâ) PROGRAM Qualifications for the NMVC Program Organizing A Nmvc Company § 108.100 Business form. A NMVC...

  7. Sustainable development business case report : renewable electricity generation : SD business case

    International Nuclear Information System (INIS)

    2005-11-01

    This investment report is the first in a series that will be released by Sustainable Development Technology Canada as part of the SD Business Case. It focuses primarily on generating electricity from renewable energy sources and examines 4 primary technology groups or sub-sectors including wind generated electricity; solar PV generated electricity; stationary fuel cell generated electricity; and electricity generated from biological sources. Each sub-sector has been assessed in terms of its market dynamics, technology makeup and conditions, sustainability impacts, and investment risk. A selection of the leading technologies in each technology area are brought forward and rated in terms of their respective investment potential. The report first presents an overview of the SD business case plan. It defines the primary audience of the report, lists the sectors and investment categories to be assessed by the business case and provides some background information on Sustainable Development Technology Canada. The report presents the framework for data collection and analysis and an executive summary of the complete report. It then presents the results of the market assessment report for each of the 4 sectors. This includes demand, infrastructure renewal, environmental commitments, renewable energy value proposition, and future market potential. The section covering the technology assessment report discusses the various technologies and ranks them. The sustainability assessment report section provides an economic, environmental and societal assessment of each sub-sector. Risk assessment is conducted in terms of technology and non-technology related risk. Last, the report presents conclusions and investment priorities. 11 tabs., 7 figs

  8. Small business in Russia: everyday issues and development constraints

    Directory of Open Access Journals (Sweden)

    Polina Mikhailovna Kozyreva

    2015-03-01

    Full Text Available The article is based on the data of “Russian longitudinal monitoring survey of economic situation and public health NRU HSE” (RLMS-HSE and considers current issues and specifics of social well-being of entrepreneurs engaged in small business – managers of micro-enterprises and individual entrepreneurs as one of the least protected professional groups who face great difficulties in organizing their business. The analysis confirms that numerous lingering problems impeding their work cause a reduction in the level of entrepreneurial activity, significantly worsen the social well-being of entrepreneurs and force many of them to change professional and life plans. The study reveals that social well-being of entrepreneurs engaged in small business is complex and uncertain; it is a consequence of an inconsistency between conditions of life and work, and the heterogeneity of this category of employees. They feel happy more often than wage workers. However, possessing a relatively high level of job satisfaction and life satisfaction in general, and having higher self-assessment of professional skills, small-scale entrepreneurs are less concerned with the low prestige of their work and their lack of wide power and authority in comparison to other categories of employed persons; they are cautious in establishing relationships with other people and they have a comparatively low level of law-abidance. The article proves that one of the conditions for successful functioning and development of small business consists in a balanced combination of entrepreneurial activity, initiative and efficient state governance. However, today, entrepreneurial ability, which should be the main driving force of the new Russian economy, is used extremely inefficiently, which is evident from the abnormally low level of entrepreneurial activity of citizens. And only about half of those who want to start their own business or establish their own company succeed. Only a small

  9. Innovation at tourism business:challenges and creativity for development

    OpenAIRE

    Taskov, Nako; Boskov, Tatjana; Filiposki, Oliver

    2011-01-01

    Tourism firms operate in a business environment in which innovation is important for firm survival. In spite of this, there is an apparent lack of knowledge concerning innovation processes in tourism firms. This article combines considerations about tourism development, such a change in thinking about tourism can contribute to two important changes in the planning and management of tourism in regional destinations — the use of a different set of assessment criteria for...

  10. Development of slow pyrolysis business operations in Finland - Hidaspyro

    Energy Technology Data Exchange (ETDEWEB)

    Fagernas, L. [VTT Technical Research Centre of Finland, Espoo (Finland)], email: leena.fagernas@vtt.fi

    2012-07-01

    Birch distillate, a by-product in slow pyrolysis process of charcoal production, was found to be a promising source for biological pesticides. However, product commercialization was problematic, for EU registration is costly, and composition, active ingredients and ecotoxicological properties were not known. In addition, constant quality and process optimisation were needed. More collaboration between SMEs and research institutes was required. The primary aim was to support and develop slow pyrolysis business operations of SMEs in Finland by generating knowledge that was needed.

  11. Value contributions of the venture capitalist in Mexico: building an exit for the investment

    Directory of Open Access Journals (Sweden)

    Enrique Wiencke

    2017-10-01

    Full Text Available Venture capitalists provide money and non-monetary contributions to high-growth ventures to help them become great companies. Although it is known that these contributions have an impact on the growth of the firm, little is known in Mexico of their nature, how they get into the venture, and how they contribute to the development of the company. The present article reports a proposed substantive theory that explains how the venture capitalist work hand in hand with the entrepreneur to grow the company. This substantive theory emerged from data collected through interviews to nine venture capitalists and nine entrepreneurs, and analyzed as proposed by the grounded theory methodology. The resulting substantive theory acknowledges that contributions of venture capitalists, often called value-added, are relative to building an exit for the investment.

  12. Development of generic service for complex user task support in business processes

    OpenAIRE

    Hrovat, Sebastjan

    2009-01-01

    Reliability, efficiency and flexibility demands of business systems in business environment are increasing. Therefore business process automation is rapidly developing, meaning we have to develop applications to support every activity in business process. Since business processes are unique and are changing over time, service oriented architecture is used as a solution to this problem. Service oriented architecture divides functions in independent units called services. Services can be acc...

  13. Business models and business model innovation in a “Secure and Distributed Cloud Clustering (DISC) Society”

    DEFF Research Database (Denmark)

    Lindgren, Peter; Taran, Yariv

    2011-01-01

    of secure business models and how business models can be operated and innovated in a secure context have intensified tremendously. The development of new mobile and wireless security technologies gives hopes to really realize a secure cloud clustering society where business models can act and be innovated......The development and innovation of business models to a secure distributed cloud clustering society (DISC)—is indeed still a complex venture and has not been widely researched yet. Numerous types of security technologies are in these years proposed and in the “slip stream” of these the study...... secure—but we still have some steps to go before we reach the final destination. The paper gives a conceptual futuristic outlook on behalf of the input from SW2010 and state of the art business model research to what we can expect of business Model and business model innovation in a future secure cloud...

  14. 77 FR 15043 - Request for Tribal Consultation on the Minority Business Development Agency's (MBDA) Native...

    Science.gov (United States)

    2012-03-14

    ... Minority Business Development Agency's (MBDA) Native American Business Enterprise Center (NABEC) Program... collaboration among the NABECs and Minority Business Enterprises (MBEs) to achieve the same program goals, and... offering management and technical assistance through a nationwide network of 40 business centers. Among the...

  15. 77 FR 71471 - Interagency Task Force on Veterans Small Business Development; Notice of Meeting

    Science.gov (United States)

    2012-11-30

    ... contracting opportunities; (3) Increase the integrity of certifications of status as a small business; (4... SMALL BUSINESS ADMINISTRATION Interagency Task Force on Veterans Small Business Development; Notice of Meeting AGENCY: U.S. Small Business Administration. ACTION: Notice of open Federal Interagency...

  16. Developing Foreign Language Communicative Competence for English Business Meetings Using Business Meeting Simulations

    OpenAIRE

    Mateja Dostal

    2016-01-01

    This article reports on the analysis of business meeting simulation data investigating the use of Business English (BE) in business meeting simulations at the Faculty of Economics, University of Ljubljana, Slovenia. The research explores the use of business meeting simulations in a higher education setting in order to bring into focus how patterns of linguistic interactions among BE students are structured, with and without a BE teacher’s corrective feedback. The findings provide possible sol...

  17. BUILDING NEW BUSINESS MODELS FOR SUSTAINABLE GROWTH AND DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Taco C. R. van Someren

    2011-06-01

    Full Text Available Considered are issues of methodology and methods, as well as ideology of strategic innovation. Using the tools of this approach is offered as mechanisms to develop and build business models for sustainable socio-economic economic growth and development of different regions. The connection between key problems of sustainable development and management policy of different economic entities is studied. The consultancy company Ynnovate’s experience in addressing these issues in the EU and China is shown. It is offered to the use its experience and tools in exploring the areas of cross-border economic cooperation between territories of the Russian Far East and China

  18. Business contacts materials for developing listening and speaking skills for the student of business English

    CERN Document Server

    Brieger, N; Hughes, S; West, C

    1985-01-01

    Business Contacts provides classroom or self-study practice in communication skills for the specialist and non-specialist student of business English. The material is designed for adult learners of lower intermediate level and above who wish to revise their language or re-apply it in a business context.

  19. Entrepreneurs vs. Business Plans: A Study of Practicality and Usefulness

    Directory of Open Access Journals (Sweden)

    Sam PD Anantadjaya

    2007-10-01

    Full Text Available In higher education, the topic on business plan is relatively studied in great details to note the importance on formulating business plans. Business plans are regarded as the reference point for business people; managers and members of the board of directors, to really realize the business activities. At least, the topic on business plan, which are discussed and studied in universities, ought to have its own value in the real business operations. Many entrepreneurs, however, face difficulties in formulating structural business plans. Many entrepreneurs may not actually formulate business plans as they are regarded important in many classrooms’ teaching, to provide necessary guidance toward corporate governance, opening up new business units, venture agreements, and/or expansion of business operations. Universities should provide connections between what is discussed in classrooms, and the implementation of such discussions in business practices. This research is intended to seek out relationships between the importance of structural business plans, and the practicality and usefulness of business plans for entrepreneurs in young organizations. The reference point for this research is business portfolio theory, both for individual and organization rational theory. One of such means discussed in this paper is the formulation and development of business plans to attract external funding in supporting the needs toward growth.

  20. Developing a Business Plan for Critical Care Pharmacy Services.

    Science.gov (United States)

    Erstad, Brian L; Mann, Henry J; Weber, Robert J

    2016-11-01

    Critical care medicine has grown from a small group of physicians participating in patient care rounds in surgical and medical intensive care units (ICUs) to a highly technical, interdisciplinary team. Pharmacy's growth in the area of critical care is as exponential. Today's ICU requires a comprehensive pharmaceutical service that includes both operational and clinical services to meet patient medication needs. This article provides the elements for a business plan to justify critical care pharmacy services by describing the pertinent background and benefit of ICU pharmacy services, detailing a current assessment of ICU pharmacy services, listing the essential ICU pharmacy services, describing service metrics, and delineating an appropriate timeline for implementing an ICU pharmacy service. The structure and approach of this business plan can be applied to a variety of pharmacy services. By following the format and information listed in this article, the pharmacy director can move closer to developing patient-centered pharmacy services for ICU patients.

  1. 76 FR 67416 - Executive-led Business Development Mission to Kabul, Afghanistan, September 2011 (Dates Are...

    Science.gov (United States)

    2011-11-01

    ... DEPARTMENT OF COMMERCE International Trade Administration Executive-led Business Development... Commerce's International Trade Administration is organizing a business development trade mission to Kabul... sectors include: construction (including engineering, architecture, transportation and logistics, and...

  2. 76 FR 65498 - Executive-led Business Development Mission to Kabul, Afghanistan

    Science.gov (United States)

    2011-10-21

    ... DEPARTMENT OF COMMERCE International Trade Administration Executive-led Business Development... is organizing a business development trade mission to Kabul, Afghanistan in September 2012. This... (including engineering, architecture, transportation and logistics, and infrastructure); mining (including...

  3. THERE IS INFLUENCE IN DEVELOPMENT OF COMPANIES WHICH BUILT STOCK, WITH SUPPORT OF INVESTIMENT FUND PRIVATE EQUITY AND VENTURE CAPITAL? EVIDENCES OF ENTRANT COMPANIES AT BOVESPA

    Directory of Open Access Journals (Sweden)

    Caciano Gianechini

    2013-09-01

    Full Text Available This work seeks to identify the impact of the participation of Private Equity funds and Venture Capital (PE/VC, the performance of companies that owned the contribution prior to the opening of capital (IPO. In a more objective the present study seeks to investigate whether companies that opened capital, financed by PE/VC, have performed better than the other formerly the Brazilian stock market debut. The sample of work consists of 116 companies that made the initial public offering (IPO in the São Paulo Stock Exchange (BOVESPA in the period January 2004 to December 2009. First identified that 41 enterprises debuted at BOVESPA being financed by PE/VC funds. Furthermore, the results indicate that the influence of PE/VC funds tend to improve some indices of profitability and market of companies after the IPO. In summary, the evidence found lead to the conclusion that the organizations of private equity and venture capital influence positively the performance of investee companies.

  4. Business Ethics: Perceptions in a Vocational Development Setting.

    Science.gov (United States)

    Ponthieu, Louis D.; And Others

    1993-01-01

    Secondary business students (n=341) responded to 19 scenarios of illegal/questionable business practices. Some students do not know what constitutes legal/ethical business practice, would knowingly or unknowingly engage in illegal/unethical practices, and perceive small business owners as less inclined to behave legally/ethically. (SK)

  5. Sustainable energy development material management team report. Fossil business unit

    International Nuclear Information System (INIS)

    Bird, P.; Keller, P.; Manning, P.; Nolan, M.; Ricci, A.; Turnbull, F.; Varadinek, H.

    1995-01-01

    Report of the Material Management Sustainable Energy Development (SED) Team was presented, outlining strategic directions and initiative for embedding SED principles in the materials management function. Six principles underlying SED were prescribed, accompanied by a framework for analysis. Excerpts from position papers used in the formulation of SED recommendations and initiatives were provided. The general theme of the recommendations was: (1) materials management activities should be review to ensure consistency with SED, (2) strategic alliances should be developed where appropriate and (3) staff in the Fossil Business Unit should promote SED among industry suppliers

  6. Development on nuclear fuel cycle business in Japan

    International Nuclear Information System (INIS)

    Usami, Kogo

    2002-01-01

    The Japan Nuclear Fuel Co., Ltd. (JNF) develops five businesses on nuclear fuel cycle such as uranium concentration, storage and administration of high level radioactive wastes, disposition of low level radioactive wastes, used fuel reprocessing, MOX fuel, at Rokkasho-mura in Aomori prefecture. Here were introduced on outline, construction and operation in reprocessing and MOX fuel works, outline, present state and future subjects on technical development of uranium concentration, outline and safety of disposition center on low level radioactive wastes, and storage and administration of high level radioactive wastes. (G.K.)

  7. Value chain assesment in a CCS business development setting

    Energy Technology Data Exchange (ETDEWEB)

    Hektor, Erik A.; Lyngroth, Steinar; Midtsund, Marte Aaberg; Bratfos, Hans A.

    2010-09-15

    Carbon Capture and Storage (CCS) is perceived by many as a necessary bridge to a sustainable future solely based on renewable energy. However, one of the barriers to the commercial implementation of CCS is cost. Today's cost estimates are high due to the large amount of uncertainty relating to this new technology and hence restrain the utility sector from investing in the development of CCS and making it a viable business. This paper presents Value Chain Assessment (VCA) as a powerful tool to help understand how such uncertainties influence the NPV for the various stakeholders in CCS development projects.

  8. Farm Entrepreneurs’ Intentions to Develop Pluriactive Business Activities in Finland

    Directory of Open Access Journals (Sweden)

    Tarja Niemelä

    2015-01-01

    Full Text Available We contribute to the entrepreneurial intentions literature by applying the theory of planned behaviour and resource-based views to the model of active entrepreneurs’ intention to develop their pluriactive usinesses. Using our 2012 survey data from farm firms in Finland, we address the limited focus on active ntrepreneurs and their intentions to develop on-going income-generating, off-farm related business activities. We found that attitudinal proxy antecedents such as innovation, cooperation and growth for pluriactivity differ for active and non-active entrepreneurs and with respect to the entrepreneurs’ age and production line and innovation behaviour.

  9. PECULIARITIES OF THE RENEWABLE ENERGY BUSINESS MODELS

    Directory of Open Access Journals (Sweden)

    BĂLOI Ionut-Cosmin

    2014-07-01

    Full Text Available By exploring the competitiveness of industries and companies, we could identify the factors whose importance is likely to generate competitive advantage. An inventory of content elements of the business model summarizes the clearest opportunities and prospects. The objectives developed throughout the paper want to identify the pillars of a renewable business model and to describe the strategic dimensions of their capitalisation in regional and national energy entrepreneurship. The trend of increasing the renewable energy business volume is driven by the entrepreneurs and company’s availability to try new markets, with many unpredictable implications and the willingness of these players or their creditors to spend their savings, in various forms, for the concerned projects. There is no alternative to intensive investment strategies, given that the small projects are not able to create high value and competitiveness for interested entrepreneurs. For this reason, the international practice shows that the business models in energy production are supported by partnerships and networks of entrepreneurs who are involved in the development of large projects. The most important feature of renewable business initiatives is on attracting the latest clean emerging technologies, and obviously the investors who can assume the risk of such great projects. The benefits of a well developed business model recommend a prudent approach in the launching in the investment strategies, because the competitive contexts hide always some dissatisfaction of the partners that endanger the business concept’s success. The small firms can develop a profitable business model by exploring the opportunity of the alliances, namely the particular joint ventures (association between Romanian and foreign firms. The advantages of joint venture's partners are considerable; they include access to expertise, resources and other assets that the partners could not achieve on their own

  10. Casino Business in the Context of Tourism Development (Case: Montenegro

    Directory of Open Access Journals (Sweden)

    Iva Bulatović

    2017-11-01

    Full Text Available Special Interest tourism (SIT represents an answer to mass tourism and its goal is to ensure tourist destination sustainability. The casino industry is growing intensively in the territory of Montenegro and a question arises whether casino tourism development is an opportunity or a danger for Montenegro and its sustainability. The goals of this paper are to show and assess the current offerings and potential for development of casino tourism in Montenegro, to point out advantages and challenges in development of casino tourism in this type of destination. Econometric models were used for the needs of this paper (time series correlations and regression for defining relation between casino business and tourism, ARIMA model for prognosis of casino business in the context of tourism until 2020. For the first time in the territory of Montenegro, 14 anonymous interviews were carried out with casino players to determine the quality of current offerings for development of casino tourism in Montenegro. The main finding suggests that casino tourism in Montenegro is not sufficiently developed, but that we can boast of a high-quality casino offering such as Slovenia. Limitations lie in the lack of data over a long period and the non-existence of the records on number of casino tourists in Montenegro. The emphasis is put on the economic effects of developing casino tourism, rather than the social ones.

  11. Obstacles towards small business development in the Emfuleni district / Guillaume de Swardt

    OpenAIRE

    De Swardt, Guillaume

    2006-01-01

    Small businesses are essential for stimulating growth and alleviating poverty. The main aim of this study is to gather information regarding obstacles that withhold the small business sector from further development. This implies that attention will be given to the role of the entrepreneur, the small business sector and the role that business planning plays, in order to identify, minimise and possibly overcome the identified obstacles. Although small business is not an absolute...

  12. Peranan Business Development Service dalam Pengembangan Usaha Kecil Menengah di Wedoro Centre Waru Sidoarjo

    OpenAIRE

    Nurul Imamah

    2008-01-01

    Expansion of Middle and Small Business in coming is required existence of business service help, either from private sector institute, individual and also governmental as according to insuffiency of each Middle and Small Business. Government agency gives serious attention to activity of Middle and Small Business in the form of handling area financial and also non financial. Handling of non financial proven by formed Business Development Service expected will assist fluency various activity pr...

  13. The impact of the information technology on the business sector development

    OpenAIRE

    Davcev, Ljupco; Kulakov, Andrea

    2012-01-01

    With the development of information technology, the possibilities for expansion and growth of businesses are increasing. The interaction between business sector and information technology is bringing other new concepts which are affecting the future of business and information technology as two inseparable sciences. Managing business performance is a critical requirement for maximizing business profitability. In fact, in many situations, it is a critical requirement for remaining feasib...

  14. The Cultivation of New Technology-Based Firms and Roles of Venture Capital Firms in Japan

    OpenAIRE

    Kirihata, Tetsuya

    2007-01-01

    In this paper, I analyze post-investment activities of venture capital firms (VCFs) based on a questionnaire survey and discuss the issues and challenges of post-investment activities of VCFs with new technology based firms (NTBFs) in Japan. The questionnaire survey reveals that business supports desired by NTBFs can be classified into four groups."business strategies adjustment and motivation", "business advice and networking", "finance and crisis management", and "recruitment assistance". T...

  15. Introduction of commercialization success cases with JAEA's result development business

    International Nuclear Information System (INIS)

    Takenaka, Shingo; Yoshii, Fumio; Nakajima, Junsaku

    2009-01-01

    JAEA's result development business has conducted joint researches on 69 subjects for ten years and brought about 26 commercialization success cases. This article presented six cases to contribute the activation of local industry to some extend. Demineralization technology for circulating water of air-conditioning and heating was developed using graft polymers. Biological effects of irradiated chitosan led to product of plant energizer oligo-glucosamine-L'. High performance gas analyzer developed for fusion research was used for componential analysis of yeast starter of old sake for taste check. Titanium-clad materials for knife were produced with hot rolling machine. Application of biodegradable polymer (polylactic acid) to demonstration lenses was developed. Surface condition and salt concentration sensors for snowy and icy roads were developed based on JAEA's patents. (T. Tanaka)

  16. Practical issues in selecting a joint venture partner

    International Nuclear Information System (INIS)

    Hillary, R.B.

    1999-01-01

    Some general issues regarding joint ventures and how they come about were discussed. The first section of the presentation identified potential joint venture candidates as being gas suppliers, project developers, steam hosts, financiers, facility owners, fuel managers and non-regulated utility affiliates. An explanation of the joint venture process and the motives driving it was then presented. There are many sources of potential conflicts of interest in a cogeneration venture. These include changes in either deregulation, prices markets, competitive environment or financial position of participants. Another section of this paper discussed some of the lessons learned from forced cogeneration restructuring and buyouts. Three examples of cogeneration projects which did not survive the challenges of partnership were presented. These included the New York cogeneration project at a manufacturing plant, the Pacific Northwest cogeneration project at a refinery, and the Quebec City cogeneration project at a pulp and paper mill. The last section of this paper discussed the pros and cons of joint venture and other types of deals

  17. How does venture capital operate in medical innovation?

    Science.gov (United States)

    Lehoux, P; Miller, F A; Daudelin, G

    2016-07-01

    While health policy scholars wish to encourage the creation of technologies that bring more value to healthcare, they may not fully understand the mandate of venture capitalists and how they operate. This paper aims to clarify how venture capital operates and to illustrate its influence over the kinds of technologies that make their way into healthcare systems. The paper draws on the international innovation policy scholarship and the lessons our research team learned throughout a 5-year fieldwork conducted in Quebec (Canada). Current policies support the development of technologies that capital investors identify as valuable, and which may not align with important health needs. The level of congruence between a given health technology-based venture and the mandate of venture capital is highly variable, explaining why some types of innovation may never come into existence. While venture capitalists' mandate and worldview are extraneous to healthcare, they shape health technologies in several, tangible ways. Clinical leaders and health policy scholars could play a more active role in innovation policy. Because certain types of technology are more likely than others to help tackle the intractable problems of healthcare systems, public policies should be equipped to promote those that address the needs of a growing elderly population, support patients who are afflicted by chronic diseases and reduce health disparities.

  18. Development of slow pyrolysis business operations in Finland - Hidaspyro

    Energy Technology Data Exchange (ETDEWEB)

    Fagernaes, L.; Kuoppala, E.; Arpiainen, V.; Oasmaa, A. (VTT Technical Research Centre of Finland, Espoo (Finland)), e-mail: leena.fagernas@vtt.fi; Setaelae, H.; Hagner, M. (University of Helsinki, Lahti (Finland), Dept. of Ecological and Environmental Sciences), e-mail: heikki.setala@helsinki.fi; Tiilikkala, K.; Lindqvist, I.; Lindqist, B. (MTT Agrifood Research Finland, Jokioinen (Finland)), e-mail: kari.tiilikkala@mtt.fi

    2011-11-15

    The primary aim of the Hidaspyro project was to support and develop slow pyrolysis business operations of small and medium-sized enterprises by overcoming barriers to commercialisation. In addition to charcoal, the products include distillates, tar and gases. Birch distillate is a new innovation in biological plant protection. Slow pyrolysis test runs with different retorts were carried out using hardwood as feedstock. The analytical scheme was developed for the liquid products. The organic content was for distillates 15-30 wt %, and for tars about 80 wt %. The detailed chemical composition of distillates was determined. Methods to separate tar from distillates were developed resulting in tar free and PAH free distillates, which due to their chemical composition are promising to be utilized. Economic calculations based on the test runs were carried out. Based on experimental results and economic assessments, optimal product lines and business concepts were determined. For more profitable business, utilisation of all the products is needed. Potential applications of the liquids as repellents and wood preservatives were studied. Land snail proved to be a very useful organism for testing different samples. All the liquids tested repelled land snails effectively. Active ingredients of the liquids were identified based on the observed impacts on snails and field voles. The efficacy of repellents is based on several different substances. Storing of the liquids over one year did not reduce the repelling efficacy. The stability of distillates in soils, and the potential leaching of distillates out of the soil were studied in a greenhouse experiment. Tasks related to REACH registration of the products, such as pre-registration, SIEF Communication, preparation of IUCLID5 files, notification of CLP, and up-dating of chemical safety reports, were processed for the enterprises and focused on the terms 'charcoal' and 'pyroligneous acids'. (orig.)

  19. Venture Leaders Prize for innovative technology projects

    CERN Multimedia

    2006-01-01

    In co-operation with the GEBERT RÜF FOUNDATION and the Ernest & Young Entrepreneur of the Year Award, venturelab will be presenting the Venture Leaders Prize. The Venture Leaders Prize, which is the new guise of the NETS (New Entrepreneurs in Technology and Science) Prize, will give twenty research entrepreneurs with projects to develop innovative technologies the opportunity to win the chance of participating in a programme to assist them in starting up their companies. The winners will go to spend 10 days in the Boston area (United States) where they will take part in a development programme for their project, which will include an entrepreneurship course, opportunities to meet start-up companies and financing experts, etc. This prize has already spawned many companies such as id Quantique, Selexis or ABMI which have contributed to the economic development of regions, particularly in French-speaking Switzerland. The competition is open to students and scientists from all fields, who would like to s...

  20. BUSINESS MODELS ON SOCIAL MEDIA

    OpenAIRE

    Dr. Rasananda Panda; Dr. Bijal Mehta; Ms. Anushree Karani

    2017-01-01

    Internet and Social Media have made a significant impact on all spheres including individual, corporate and businesses. Given the current scenario, the nature of the business sector is changing rapidly. Globalization and digitization has revolutionized the business practices. This change is evident in all types of business ventures from small scale to large scale. Role of social media is considered as a crucial aspect in today’s global business environment (Abuhashesh, 2014). Hence, busines...

  1. Sanus-Ace: Negotiating a Memorandum of Understanding in external corporate venturing.

    OpenAIRE

    VANHAVERBEKE, Wim

    2014-01-01

    This negotiation case describes a situation in which an investment manager of a large chemical company (ACE) has to decide about a corporate venturing investment in a small high-tech start-up (Sanus). To win board approval for this investment, an ACE business unit (in this case, ACE Food Specialties) must write a letter of commitment. The investment manager of ACE Venturing cannot invest in the start-up without a MoU between the start-up and the business unit of ACE. This case provides the re...

  2. SOA for the Business Developer Concepts, BPEL, and SCA

    CERN Document Server

    Margolis, Ben

    2007-01-01

    Service-Oriented Architecture (SOA) is a way of organizing software. If your company's development projects adhere to the principles of SOA, the outcome will be an inventory of modular units called "services," which allow for a quick response to change. This book tells the SOA story in a simple, straightforward manner that will help you understand not only the buzzwords and benefits, but also the technologies that underlie SOA: XML, WSDL, SOAP, XPath, BPEL, SCA, and SDO. And through it all, the authors provide business examples and illustrations, giving a practical meaning to abstract ideas

  3. The Influence of Financial 'Skin in the Game' on New Venture Creation

    DEFF Research Database (Denmark)

    Frid, Casey J.; Wyman, David M.; Gartner, William B.

    2015-01-01

    A common theme in entrepreneurship research is that the founder must be committed inorder for a new venture to succeed. Although investments of time and sweat equity can indicatecommitment, external stakeholders may prefer founders who have made a significant, personalfinancial stake in their nas......A common theme in entrepreneurship research is that the founder must be committed inorder for a new venture to succeed. Although investments of time and sweat equity can indicatecommitment, external stakeholders may prefer founders who have made a significant, personalfinancial stake...... in their nascent ventures. This personal financial commitment is known as “skinin the game.” Founders that invest more of their own money into their ventures signal greater commitment to potential business partners, suppliers, and resource providers.This studyexamines the amount of personal funds invested by 1...

  4. International Business Students’ Cross-Cultural Competence Development

    Directory of Open Access Journals (Sweden)

    Natalie S. Mikhaylov

    2014-12-01

    Full Text Available This study explores the role of educational programs in promoting students’ cross-cultural competence (CCC development in international business education. Using constructivist grounded theory methodology (GTM, a comparative analysis of four extensive case studies was conducted within four schools, all of which offer international management education in English for local and international students. This study examines institutional contributions to an environment that supports students’ CCC development. A typology model consisting of four educational approaches to students’ CCC development is presented based on student experiences. The study provides recommendations regarding the steps that higher educational institutions (HEIs can take to promote educational environments that support cross-cultural exchange, cultural knowledge creation, and individual and organizational cross-cultural competence development.

  5. What differences in the cultural backgrounds of partners are detrimental for international joint ventures?

    NARCIS (Netherlands)

    H.G. Barkema (Harry); G.A.M. Vermeulen (Freek)

    1997-01-01

    textabstractAn international joint venture implies that a firm has to cooperate with a partner with a different cultural background. In this study, hypotheses about which differences in national culture are most disruptive for international joint ventures were developed and tested using Hofstede's

  6. Nascent ventures competing for start-up capital: matching reputations and investors

    NARCIS (Netherlands)

    Ebbers, J.J.; Wijnberg, N.M.

    2012-01-01

    Although nascent ventures have not yet developed a performance-based reputation, the individual reputations of their founders, based on the performance of their earlier ventures, can function as important signals to investors. Selection system theory distinguishes between different types of

  7. Venture capital on a shoestring: Bioventures' pioneering life sciences fund in South Africa.

    Science.gov (United States)

    Masum, Hassan; Singer, Peter A

    2010-12-13

    Since 2000, R&D financing for global health has increased significantly, with innovative proposals for further increases. However, although venture capital (VC) funding has fostered life sciences businesses across the developed world, its application in the developing world and particularly in Africa is relatively new. Is VC feasible in the African context, to foster the development and application of local health innovation?As the most industrially advanced African nation, South Africa serves as a test case for life sciences venture funding. This paper analyzes Bioventures, the first VC company focused on life sciences investment in sub-Saharan Africa. The case study method was used to analyze the formation, operation, and investment support of Bioventures, and to suggest lessons for future health venture funds in Africa that aim to develop health-oriented innovations. The modest financial success of Bioventures in challenging circumstances has demonstrated a proof of concept that life sciences VC can work in the region. Beyond providing funds, support given to investees included board participation, contacts, and strategic services. Bioventures had to be proactive in finding and supporting good health R&D.Due to the fund's small size, overhead and management expenses were tightly constrained. Bioventures was at times unable to make follow-on investments, being forced instead to give up equity to raise additional capital, and to sell health investments earlier than might have been optimal. With the benefit of hindsight, the CFO of Bioventures felt that partnering with a larger fund might benefit similar future funds. Being better linked to market intelligence and other entrepreneurial investors was also seen as an unmet need. BioVentures has learned lessons about how the traditional VC model might evolve to tackle health challenges facing Africa, including how to raise funds and educate investors; how to select, value, and support investments; and how to

  8. Venture capital on a shoestring: Bioventures’ pioneering life sciences fund in South Africa

    Directory of Open Access Journals (Sweden)

    Singer Peter A

    2010-12-01

    Full Text Available Abstract Background Since 2000, R&D financing for global health has increased significantly, with innovative proposals for further increases. However, although venture capital (VC funding has fostered life sciences businesses across the developed world, its application in the developing world and particularly in Africa is relatively new. Is VC feasible in the African context, to foster the development and application of local health innovation? As the most industrially advanced African nation, South Africa serves as a test case for life sciences venture funding. This paper analyzes Bioventures, the first VC company focused on life sciences investment in sub-Saharan Africa. The case study method was used to analyze the formation, operation, and investment support of Bioventures, and to suggest lessons for future health venture funds in Africa that aim to develop health-oriented innovations. Discussion The modest financial success of Bioventures in challenging circumstances has demonstrated a proof of concept that life sciences VC can work in the region. Beyond providing funds, support given to investees included board participation, contacts, and strategic services. Bioventures had to be proactive in finding and supporting good health R&D. Due to the fund’s small size, overhead and management expenses were tightly constrained. Bioventures was at times unable to make follow-on investments, being forced instead to give up equity to raise additional capital, and to sell health investments earlier than might have been optimal. With the benefit of hindsight, the CFO of Bioventures felt that partnering with a larger fund might benefit similar future funds. Being better linked to market intelligence and other entrepreneurial investors was also seen as an unmet need. Summary BioVentures has learned lessons about how the traditional VC model might evolve to tackle health challenges facing Africa, including how to raise funds and educate investors; how

  9. Venture capital on a shoestring: Bioventures’ pioneering life sciences fund in South Africa

    Science.gov (United States)

    2010-01-01

    Background Since 2000, R&D financing for global health has increased significantly, with innovative proposals for further increases. However, although venture capital (VC) funding has fostered life sciences businesses across the developed world, its application in the developing world and particularly in Africa is relatively new. Is VC feasible in the African context, to foster the development and application of local health innovation? As the most industrially advanced African nation, South Africa serves as a test case for life sciences venture funding. This paper analyzes Bioventures, the first VC company focused on life sciences investment in sub-Saharan Africa. The case study method was used to analyze the formation, operation, and investment support of Bioventures, and to suggest lessons for future health venture funds in Africa that aim to develop health-oriented innovations. Discussion The modest financial success of Bioventures in challenging circumstances has demonstrated a proof of concept that life sciences VC can work in the region. Beyond providing funds, support given to investees included board participation, contacts, and strategic services. Bioventures had to be proactive in finding and supporting good health R&D. Due to the fund’s small size, overhead and management expenses were tightly constrained. Bioventures was at times unable to make follow-on investments, being forced instead to give up equity to raise additional capital, and to sell health investments earlier than might have been optimal. With the benefit of hindsight, the CFO of Bioventures felt that partnering with a larger fund might benefit similar future funds. Being better linked to market intelligence and other entrepreneurial investors was also seen as an unmet need. Summary BioVentures has learned lessons about how the traditional VC model might evolve to tackle health challenges facing Africa, including how to raise funds and educate investors; how to select, value, and support

  10. Best Practice No 177: Best practice guideline: writing a business case for service development in pathology.

    Science.gov (United States)

    Galloway, M J

    2004-04-01

    This guideline reviews the introduction and development of business planning in the National Health Service. A guideline for writing a business case for service development that would form part of a pathology business plan has been developed. This guideline outlines six steps that are required in the preparation of a business case. The format of the guideline has been developed largely from other national guidelines that have been published for the development of capital projects. In view of the publication of these guidelines, the scope of this guideline excludes business cases for information, management, and technology projects and large capital projects.

  11. Managing international joint venture relationships - A longitudinal perspective

    NARCIS (Netherlands)

    Hyder, A.; Ghauri, P.N.

    The purpose of the study is to describe and analyse the formation and development of international joint venture processes and relationships between the partners over time. Moreover, the study analyzes how far foreign partners have been successful in developing new contacts and in expanding their

  12. Development of Barnwell as a multinational demonstration facility

    International Nuclear Information System (INIS)

    Colby, L.J. Jr.

    1977-01-01

    The author takes an existing private business venture (Barnwell) with its assets of facilities, personnel, technology and domestic business commitments (past, present, and future) and develops a role for it which will be compatible with the advancement of multinational reprocessing facilities under international control

  13. "Piggybacking" on Business Communication through Interdisciplinarity: Developing Student Communication Skills in Legal Environment of Business Courses

    Science.gov (United States)

    Cooley, Amanda Harmon

    2009-01-01

    The purpose of this article is to describe an assignment for a legal environment of business course that builds upon and reinforces strong business communication practices. The assignment discusses "piggybacking," which is the unauthorized use of another person's wireless Internet connection. In this assignment, the students are required (1) to…

  14. Agri-Business Development and the Role of Value Chain Business Associations

    DEFF Research Database (Denmark)

    Sørensen, Olav Jull; Ndyetabula, Daniel; Temu, Anna A.

    The aim of the paper is to investigate the role and formation of a business association having calue chain partners as its members.......The aim of the paper is to investigate the role and formation of a business association having calue chain partners as its members....

  15. 77 FR 47797 - Federal Acquisition Regulation; Small Business Set Asides for Research and Development Contracts

    Science.gov (United States)

    2012-08-10

    ... Acquisition Regulation; Small Business Set Asides for Research and Development Contracts AGENCY: Department of... when the market research conducted in accordance with FAR part 10 indicates there are small businesses... officer can proceed with a small business set-aside for research and development. FAR 19.502-2(b...

  16. Corporate sustainability and inclusive development: highlights from international business and management research

    NARCIS (Netherlands)

    Kourula, A.; Pisani, N.; Kolk, A.

    Sustainability has attracted increasing attention from business scholars as corporations have started to take more responsibility for their environmental, social, and development impacts. In this review, we focus on the latest sustainability-related research published in the international business

  17. Venturing Further Into Space

    Institute of Scientific and Technical Information of China (English)

    YIN PUMIN

    2011-01-01

    China's first unmanNed space module Tiangong-Ⅰ,or Heavenly Palace-Ⅰ,successfully lifted off from the Jiuquan Satellite Launch Center in northwest China's Gansu Province on September 29."The successful launch of the 8.5-ton prototype space laboratory has opened the gates for China's deep space exploration program," said Qi Faren,former chief designer of China's Shenzhou spacecraft.“It is a decisive leap forward for the Chinese space industry and will bring about the rapid development of space science and related techologies."

  18. It's Just (Academic) Business: A Use Case in Improving Informatics Operations with Business Intelligence.

    Science.gov (United States)

    McIntosh, Leslie D; Zabarovskaya, Connie; Uhlmansiek, Mary

    2015-01-01

    Academic biomedical informatics cores are beholden to funding agencies, institutional administration, collaborating researchers, and external agencies for ongoing funding and support. Services provided and translational research outcomes are increasingly important to monitor, report and analyze, to demonstrate value provided to the organization and the greater scientific community. Thus, informatics operations are also business operations. As such, adopting business intelligence practices offers an opportunity to improve the efficiency of evaluation efforts while fulfilling reporting requirements. Organizing informatics development documentation, service requests, and work performed with adaptable tools have greatly facilitated these and related business activities within our informatics center. Through the identification and measurement of key performance indicators, informatics objectives and results are now quickly and nimbly assessed using dashboards. Acceptance of the informatics operation as a business venture and the adoption of business intelligence strategies has allowed for data-driven decision making, faster corrective action, and greater transparency for interested stakeholders.

  19. Making sense of corporate venture capital.

    Science.gov (United States)

    Chesbrough, Henry W

    2002-03-01

    Large companies have long sensed the potential value of investing in external start-ups, but more often than not, they fail to get it right. Remember the dash to invest in new ventures in the late 1990s and the hasty retreat when the economy turned? This article presents a framework that will help a company decide whether it should invest in a particular start-up by first understanding what kind of benefit might be realized from the investment. The framework--illustrated with examples from Intel, Lucent, and others--explains why certain types of corporate VC investments proliferate only when financial returns are high, why other types persist in good times and in bad, and why still others make little sense in any phase of the business cycle. The framework describes four types of corporate VC investments, each defined by its primary goal--strategic and financial--and by the degree of operational linkage between the start-up and the investing company. Driving investments are characterized by a strong strategic rationale and tight operational links. Enabling investments are also made primarily for strategic reasons, but the operational links are loose. Emergent investments, which are characterized by tight operational links, have little current--but significant potential--strategic value. Passive investments, offering few potential strategic benefits and only loose operational links, are made primarily for financial reasons. Passive corporate VC investments dry up in a down economy, but enabling and driving investments usually have more staying power. That's because their potential returns are primarily strategic, not financial. In other words, they can foster business growth. Emergent investments may make sense even in a weak market because of their potential strategic value--that is, their ability to help companies identify and spark the growth of future businesses.

  20. From Creativity to New Venture Creation

    DEFF Research Database (Denmark)

    Lund, Morten; Byrge, Christian; Nielsen, Christian

    2017-01-01

    , the key proposition of the paper is that entrepreneurs can enhance their development processes through training of their competences in creativity and in business modeling. The paper presents a set of key skill variables of creativity and of business modeling that need to be trained in order to enhance......This paper explores the processes of creating new companies with original and useful business models from a conceptual perspective. Based on data from large-scale creativity training programs and business model development studies in Denmark encompassing over 100 companies and 200 entrepreneurs...