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William B. Gartner (born 1953 in Richland (WA)) is an American Professor of entrepreneurship. He is known for his research on new venture creation and entrepreneurial behavior, for which he has received several awards, including the Heizer Doctoral Dissertation Award and the FSFNUTEK International Award for Entrepreneurship and Small Business Research (today known as the Global award for ...
A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. [1] [2] While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to go public, startups are new businesses that intend to grow large beyond the solo-founder. [3]
The business model canvas is a strategic management template used for developing new business models and documenting existing ones. [2] [3] It offers a visual chart with elements describing a firm's or product's value proposition, [4] infrastructure, customers, and finances, [1] assisting businesses to align their activities by illustrating potential trade-offs.
New Ventures México is the longest running program, being started in 2000 with the support of the Fondo Mexicano para la Conservación de la Naturaleza. It is the centre that has grown the most, establishing itself as one of the leading accelerators in the country, and the main green business accelerator.
Scholars interested in nascent entrepreneurship tend to focus less on the single act of opportunity exploitation and more on the series of actions in new venture emergence, [99] [102] [101] Indeed, nascent entrepreneurs undertake numerous entrepreneurial activities, including actions that make their businesses more concrete to themselves and ...
In contrast to business plan-driven traditional management concepts, venture marketing is iterative and experimental, operating on short recurring cycles of implementation and adaptation. [1] Venture management techniques apply equally well to venture capital -funded firms, self-financed firms, and business entities that are managed with a ...
After raising a more modest $1.1 billion in 2004 for the firm's eleventh fund, NEA raised $2.3 billion and $2.5 billion for its next two funds, respectively. [ 9 ] [ 10 ] In 2010, NEA launched its thirteenth investment fund with $2.5 billion of investor capital, the largest since the Financial crisis of 2007–08 . [ 11 ]
Innovation is the specific function of entrepreneurship, whether in an existing business, a public service institution, or a new venture started by a lone individual in the family kitchen. It is the means by which the entrepreneur either creates new wealth-producing resources or endows existing resources with enhanced potential for creating wealth.