Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies. In this article,...

We begin by noting that many of the scholarly articles about innovation start with an unchallenged assumption about the economic benefits of innovation. Typical of such an opening statement is: “Innovation drives economic growth. Economic growth leads to longer, healthier lives by transforming...

Part of the reason why the technological capabilities of the internet have not already solved the age-old problems of small companies who need capital is that the technology innovations of the internet have outpaced the conception of the business model that would be required to take advantage of...