Second Life (SL) is a virtual “world” accessible via the Internet which enables its users, called Residents, to interact with each other through virtual characters, called “avatars”. The residents can explore the SL hypothetical world, and participate in...

Business and Technology incubators are seen as important actors for the development of dynamic start-up companies in national economies. The way such incubators function and the impact they have on regional development may vary from one region to another. In this paper we survey and discuss the...

Scenario planning is a tool that can be used to project and promote innovation activities in organizations. The more disruptive the innovation is, the more beneficial effects will be expected to come out of utilizing a scenario planning process. This planning approach may be considered when...

In contrast to the Entrepreneurial Recycling Model (EREC), the Entrepreneurial Remedy Model (EREM) demands an active role of innovation to create an environment where small and medium size companies (SMEs) are developed. The EREM may provide a conceptual platform which may explain why developed...

Effect of firm size on survivability of Small and Medium-size Enterprises (SMEs) is of great importance. Researchers have dealt with this issue using diverse analysis methods. The tool we used for such analysis in this work is the Survival Index Value (SIV) model. To our knowledge, this method...

Small and Medium-sized Enterprises (SMEs) are the seeds for a vital entrepreneurial economy. The Swedish SMEs, in particular, are very important for the future development of the Baltic Region. Financing these firms is an issue of great significance and a subject to care for. In this paper, we...