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Virtual Business Models
Entrepreneurial Risks and Rewards
- 1st Edition - February 5, 2016
- Authors: Karin Bryder, Anki Malmborg-Hager, Eskil Söderlind
- Language: English
- Hardback ISBN:9 7 8 - 0 - 0 8 - 1 0 0 1 4 1 - 7
- eBook ISBN:9 7 8 - 0 - 0 8 - 1 0 0 1 8 2 - 0
Virtual Business Models: Entrepreneurial Risks and Rewards focuses on companies with technology development, offering inspiration, guidance, and hands-on advice on how to utilize t… Read more
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Request a sales quoteVirtual 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.
- Provides an overview, and understanding of, a virtual company's key activities
- Presents tactics that encourage communication between stakeholders associated with the virtual company
- Allows users to master all details, while managing key strategic issues
- Covers technology development and its required special skills and competencies
- About the Authors
- Foreword
- Acknowledgments
- Chapter 1. Introduction
- The Virtual Company—a concept for innovation-based business
- The Virtual Company—a model adapted to a changing world
- Networking—a basic human activity
- The Virtual Company—a networking concept
- Created value belongs to the Virtual Company
- Value creation
- Boosting the innovation potential
- Optimizing the use of resources
- Chapter 2. Start-Up
- The different origins of new and patentable ideas
- The requirements for starting a company
- Inventions made at an academic institution
- Invention made by a private inventor
- Invention made within a company
- Chapter 3. Communication and Control
- A story from real life: the meeting that never took place
- Introduction
- The stakeholders represent a multitude of goals and agendas
- Common goals must be defined actively
- Resources
- Documentation should be clear and define responsibilities
- Plan both for internal and external communication
- Virtual Company relies on virtual communication
- Chapter 4. Business Development
- Business development
- Components in business development
- Value proposal
- Market position
- Setting up and coordinating the team
- Business plan
- Identifying the new business landscape using competitive intelligence
- Comment to business development in Virtual Companies
- Conclusion
- Chapter 5. Agreements
- Introduction
- Certain key agreements for the Virtual Company
- Governing law and disputes
- Conclusions and recommendations
- Chapter 6. The Importance of Intelligence
- Introduction
- Intelligence
- Competitive intelligence
- Business intelligence
- A continuous process
- Competitive intelligence and the Virtual Company
- Chapter 7. Intellectual Property – Patents
- Patent
- Core value
- The patenting process
- Freedom to operate
- Costs
- The outline of a patent
- Infringement
- Post grant
- Case studies
- Things to remember
- Chapter 8. Financials and Valuation
- Introduction
- Financing
- The art of valuation of your company
- Financial accounting and bookkeeping
- Financial control
- Chapter 9. Exit
- Introduction
- Product and market
- Return on investment
- Risk
- Offering to the market and evaluating the company/project
- Market communication
- Marketing material
- Deal making
- Chapter 10. Risk and Rewards
- Risks and rewards
- Rewards
- Risks
- Conclusion
- Chapter 11. Case Studies
- Experienced professionals give their view
- Glossary
- Index
- No. of pages: 188
- Language: English
- Edition: 1
- Published: February 5, 2016
- Imprint: Woodhead Publishing
- Hardback ISBN: 9780081001417
- eBook ISBN: 9780081001820
KB
Karin Bryder
AM
Anki Malmborg-Hager
ES