New business formation through the Enterprise Development Center: a model for new venture creation

Robert D. Hisrich

24 citations0/0 files storedIEEE Transactions on Engineering Management

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Entrepreneurship Studies and Influences Business Strategies and Innovation Innovation and Knowledge Management

Abstract

Creating companies is a critical issue for the United States as a whole, and particularly for specific areas within the United States if they are to compete effectively in a global situation of hypercompetition. This creation process requires an understanding of technology development and a method for linking the alternative resources necessary. The author discusses the aspects of this process and presents one method for linking the resources required-an Enterprise Development Center (EDC). To date, all six aspects of the EDC have been successful in creating new ventures. Following the presentation of the aspects of the EDC, the author concludes with a method for developing an EDC in a specific area.>

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References

1934The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle 1985A Conceptual Framework for Describing the Phenomenon of New Venture Creation 1985A Conceptual Framework for Describing the Phenomenon of New Venture Creation 1986Innovation and Entrepreneurship 1987Managing the incubator system: Critical success factors to accelerate new company development 1985The Woman Entrepreneur: Starting, Financing, and Managing a Successful New Business 1986Establishing a new business venture unit within a firm 1987The informal venture capital market: Aspects of scale and market efficiency

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