Sunday, May 25, 2008

The two raw ingredients in a venture

Book Value
Venture Design
Anne Marie Knott
( )

Entrepreneur plus idea

The two raw ingredients in a venture are the entrepreneur and the idea, says Anne Marie Knott in Venture Design. The primary impetus for entrepreneurship is an economic push, she adds. “Acquisitions and terminations are probably the most powerful predictors of entrepreneurship, because they imply relevant experience and financial assets necessary to start a venture, but other transitions are predictive as well: divorce, graduation, leaving prison.”


No comments: