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RAMP Simulation Software for Modelling Reliability, Availability and Maintainability (RAM) is a computer software application developed by WS Atkins specifically for the assessment of the reliability, availability, maintainability and productivity characteristics of complex systems that would otherwise prove too difficult, cost too much or take too long to study analytically.
Entrepreneurial economics is the field of study that focuses on the study of entrepreneur and entrepreneurship within the economy. The accumulation of factors of production per se does not explain economic development. [1] They are necessary factors of production, but they are not sufficient for economic growth.
Lean startup is a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable; this is achieved by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning.
Spigel [8] suggests that ecosystems require cultural attributes (a culture of entrepreneurship and histories of successful entrepreneurship), social attributes that are accessed through social ties (worker talent, investment capital, social networks, and entrepreneurial mentors) and material attributes grounded in a specific places (government ...
Applied research usually has specific commercial objectives related to products, procedures, or services. [6] The comparison of pure research and applied research provides a basic framework and direction for businesses to follow. [7] Applied research deals with solving practical problems [8] and generally employs empirical methodologies ...
The Global Entrepreneurship Monitor (GEM) research project is an annual assessment of the national level of entrepreneurial activity in multiple, diverse countries. Today the study counts the participation of 115 countries and with longitudinal data dating back more than 20 years.
The impact of the research on the scientific community and the advancement of entrepreneurship as a field of study. The practical relevance of the research for policymakers, educators, and practitioners in the field of entrepreneurship. [4] Each year, leading entrepreneurship scholars worldwide are invited to nominate candidates.
A revenue model is part of a business model. A business model shows the framework for an entire business and allows investors and bankers, as well as the entrepreneur, to have a quick way of evaluating that business. Business models can be viewed in many different ways, but they are generally composed of the following six elements: [13]