A Systems View Across Time and Space
Table 1 The entrepreneur's resource potential: elements of definition
Resource potential | Main characteristics |
|---|---|
Knowledge | Tacit knowledge obtained from the family |
Scientific and technical knowledge learned at school | |
Knowledge obtained through relations | |
Knowledge obtained through professional experience | |
Financial resources | Personal savings |
Love money: parents, friends, etc. | |
Bank loan | |
Financial aid from institutions (e.g. public aids) | |
Seed money from another entrepreneur | |
Relations | Informal relations (family, friends, neighbourhood, colleagues, etc.) |
Formal relations (State, banks, other enterprise, research institutes, etc.) |