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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 small business innovation and entrepreneurship, primarily in metro regional economies....
Persistent link: https://www.econbiz.de/10014202362
Bootstrapping innovation economics means that cash flow from an earlier event is used to support subsequent investment events. The regional capital markets, based upon internet technologies, provide the mechanism for this bootstrapping of capital from one generation of innovation to the next
Persistent link: https://www.econbiz.de/10014214939
When an entrepreneur leaves the old unit to create a new venture, he goes through a process of guessing at prices in the future, and also guesses at the rate of profit to use in the spreadsheets for his business plan. Old units provide some base line for these guesses, as far as they relate to...
Persistent link: https://www.econbiz.de/10014079606
We update Schumpeter’s original analysis, by placing his concept of the gales of creative destruction within the modern framework of Clayton Christensen’s concept of blockchain innovation. The income and wealth benefits of blockchain entrepreneurial economic growth are widely distributed,...
Persistent link: https://www.econbiz.de/10014082136
There are four areas of conflict of interest between the goals of democratically elected representatives in promoting regional technological innovation, and the goals of the senior managers of global corporations. These four conflicts involve:1. a conflict over information flows between...
Persistent link: https://www.econbiz.de/10013083071
Oil payments made to OPEC in US dollar constitute a dual financial relationship. In other words, the oil acts like collateral value for the dollar, while the strength of the US economy acts like collateral value for OPEC countries.In other words, the favored position of the US dollar acting as...
Persistent link: https://www.econbiz.de/10013086265
We combine two economic/political concepts to explain how U. S. crony corporatism is linked to the recent evidence of increased vertical integration in global value chains. (Mapping Global Value Chains, ECB Working Paper No. 1677, Koen de Backer, S. Miroudot, SSRN, 2014.).We conclude that the...
Persistent link: https://www.econbiz.de/10014345660
This article is two sections from a much longer article entitled Chinese COVID Lockdowns, Black Economic Dysphoria, Global Crony Capitalism. and the Killing of George Floyd.We argue that the Republican Party trade deals had a disproportionate negative economic effect on Black people. By the time...
Persistent link: https://www.econbiz.de/10012831474
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 their research...
Persistent link: https://www.econbiz.de/10012708704