Social entrepreneurship is undoubtedly a hot topic in business circles these days – indeed, the Beedie School of Business has a social innovation laboratory and venture incubator, RADIUS, dedicated to the subject. So what exactly is social entrepreneurship?
The prize for successfully starting a business can be exceptional, and tremendously rewarding – yet 75% of startups fail within the first year, as a result of failing to think their finance requirements through. So what is the secret to raising the capital required for businesses to make it past the hazardous early stages?
For many startup businesses, overcoming a lack of resources often proves to be an insurmountable hurdle, resulting in failure. Entrepreneurs would do well to examine innovative methods of commercializing their ideas and taking the time to understand the role strategy plays in order to accelerate their ventures – thereby creating and capturing value in a competitive environment. Dr. Scott Stern, David Sarnoff Professor of Management of Technology and Chair of the Technological Innovation, Entrepreneurship, and […]
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