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Virtual Business Models
Entrepreneurial Risks and Rewards
This book focuses on companies with technology development, offering inspiration, guidance, and hands-on advice on how to utilize the potential of a virtual company format to ensure that financial resources can be optimized in a way that provides cost-effective product development
Karin Bryder (Author), Anki Malmborg-Hager (Author), Eskil Söderlind (Author)
9780081001417
Hardback, published 5 February 2016
188 pages
22.9 x 15.1 x 1.9 cm, 0.32 kg
Virtual Business Models: Entrepreneurial Risks and Rewards focuses on companies with technology development, offering inspiration, guidance, and hands-on advice on how to utilize the potential of a virtual company format. The book provides an overview of key aspects of the company's activities, putting them into a comprehensive structure. In addition, both the rewards and risks of using the virtual company format are explored. The virtual company format is here defined as a company with a small dedicated core staff. The company's development is performed by strategic alliances with external resource providers. In this way, the utilization of financial resources can be optimized with cost-effective product development. The book explores this concept and why it is attractive in a start-up phase for both companies who want to remain virtual and those that eventually want to develop into integrated traditional companies.
Chapter 1. Introduction Chapter 2. Start-Up Chapter 3. Communication and Control Chapter 4. Business Development Chapter 5. Agreements Chapter 6. The Importance of Intelligence Chapter 7. Intellectual Property – Patents Chapter 8. Financials and Valuation Chapter 9. Exit Chapter 10. Risk and Rewards Chapter 11. Case Studies
Subject Areas: Entrepreneurship [KJH], Economics, finance, business & management [K]