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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

Virtual Business Models

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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.