Entrepreneurial Firms Chapter 9 (1)

Entrepreneurial Firms Chapter 9 (1) - Individualistic 33...

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Click to edit Master subtitle style 1/22/11 Fiona Sussan MBA PhD Entrepreneurial Firms Institutional Factor and Entrepreneurship Innovation Financing MSOM305 2010 Fall Chapter 9 11
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1/22/11 Fiona Sussan MBA PhD Costs of setting up a business Rules and regulations Time to set up business E.g., electricity for business free in Japan, takes 105 days; similarly in Russia 272 days 4000% of GDP per capita. Infrastructure Korea fastest internet connection, 22 http://articles.cnn.com/2010-03-31/tech/broadband.south.korea_1_broadband-plan-south-korea-broadband- internet?_s=PM:TECH
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1/22/11 Fiona Sussan MBA PhD Cultural norms and E. Risk taking Uncertainty avoidance
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Unformatted text preview: Individualistic 33 1/22/11 Fiona Sussan MBA PhD Innovation and E Innovation . What is innovation? Disruptive innovation Continuously innovate 44 1/22/11 Fiona Sussan MBA PhD Financing E Venture capital wealth available for investment in new or speculative enterprises wordnetweb.princeton.edu/perl/webwn Angel funding An angel investor or angel (also known as a business angel or informal investor) is an affluent individual who provides capital for a business start-up, usually in 55...
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Entrepreneurial Firms Chapter 9 (1) - Individualistic 33...

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