Dao Entrepreneurship

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Author :
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527524485
Total Pages : 170 pages
Book Rating : 4.5/5 (275 download)

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Book Synopsis Dao Entrepreneurship by : Clemens Thornqvist

Download or read book Dao Entrepreneurship written by Clemens Thornqvist and published by Cambridge Scholars Publishing. This book was released on 2019-01-08 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books presents an artistic and aesthetic perspective on auteur-driven entrepreneurial management that is overlooked in traditional organizational analysis. It suggests that the organization of creative development is less about organizing a course of events and more about giving form to acts that in themselves provide a course of development without being either finalistic or deterministic. Looking at an auteur-driven entrepreneurial enterprise such as the collaborative artistic enterprise of visual artist and theatre director Robert Wilson, reflected in fashion designer Dame Vivienne Westwood’s studio practices, the book demonstrates the significance of aesthetic acts of giving form for collective organisational intuition. Theoretically, the work moreover builds on its original analyses through an exploration of Bergsonian ontology and Daoism methodology. In particular, it introduces the three central concepts of faith, vigour and form as the main elements of an intuitive artistic entrepreneurship: faith being its foundation, vigour its action and form its aesthetic.

Post-Capitalist Entrepreneurship

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1351774131
Total Pages : 164 pages
Book Rating : 4.3/5 (517 download)

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Book Synopsis Post-Capitalist Entrepreneurship by : Boyd Cohen

Download or read book Post-Capitalist Entrepreneurship written by Boyd Cohen and published by Taylor & Francis. This book was released on 2017-09-22 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Capitalist Entrepreneurship: Startups for the 99% details the implications of the post-capitalist society on entrepreneurship around the globe, and it challenges many of our underlying assumptions about how entrepreneurs form startups and the objectives and roles, or lack thereof, of startup investors in a post-capitalist society. The author explores real emerging stories about different forms of post-capitalist entrepreneurship (PCE) with chapters dedicated to subjects such as platform cooperatives, alternative currencies (local, crypto, and time banking), and the emergence of blockchain-enabled Distributed Autonomous Organizations (DAOs). This book will help aspiring and current entrepreneurs, investors and policymakers to: Understand emerging trends in new forms of economic activity that will shape the future of entrepreneurial opportunities Discover new approaches to business modeling in the post venture-capital opportunity space Embrace Lean startup and collaborative startup approaches that can accelerate startups in these new markets Recognize new spaces and avoid being disintermediated by new forms of startups and financing Know why and how local governments should reshape entrepreneurship policy to support post-capitalist entrepreneurship for the 99%

Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy

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Author :
Publisher : Hernán Cornejo
ISBN 13 :
Total Pages : 156 pages
Book Rating : 4./5 ( download)

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Book Synopsis Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy by : Hernán Cornejo

Download or read book Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy written by Hernán Cornejo and published by Hernán Cornejo. This book was released on 2024-08-28 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy is a pioneering guide that delves into the rapidly evolving landscape of decentralized organizations, offering readers an in-depth understanding of one of the most transformative concepts of our digital era. As blockchain technology reshapes industries and creates new paradigms for how businesses operate, DAOs stand at the forefront of this revolution, poised to redefine governance, collaboration, and economic structures on a global scale. This book is essential for anyone looking to gain a competitive edge in the digital economy by understanding and harnessing the potential of DAOs. What makes this book truly pioneering is its comprehensive approach. It doesn’t merely skim the surface; instead, it takes readers through a detailed journey of understanding how DAOs work, their economic and social implications, and the technological backbone that powers them. From dismantling traditional hierarchical structures to creating entirely new models of organizational governance based on smart contracts and blockchain technology, this book is both a theoretical and practical exploration of how DAOs can revolutionize various sectors. For executives, entrepreneurs, investors, and policy-makers, it provides the knowledge and strategies needed to adapt and thrive in this new, decentralized world. The book’s value lies in its depth and practical focus. Each chapter breaks down complex concepts into accessible language, demystifying the inner workings of DAOs. It explores a range of key topics such as governance tokens, tokenomics, community-driven decision-making, interoperability between blockchain networks, and regulatory challenges. This makes the book a practical manual, offering not only a foundational understanding but also strategic insights for leveraging DAOs to drive business growth, innovation, and competitive advantage. By laying out clear pathways for integration and application, the book serves as a vital toolkit for decision-makers who want to stay ahead in a rapidly shifting digital landscape. Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy stands out as a commercially relevant work by offering actionable insights for today’s business leaders. For those in the technology and finance sectors, the book outlines how to capitalize on DAO structures to maximize transparency, efficiency, and agility in business operations. It provides concrete steps on how to develop, launch, and manage DAOs, addressing potential pitfalls and highlighting success factors based on real-world applications. With examples and case studies, it makes clear how DAOs are already transforming sectors like finance, supply chain, healthcare, and even public governance. Another standout feature of this book is its focus on the future of work and organizational behavior in the context of DAOs. It reveals how these decentralized entities are not just technological innovations but social and economic disruptors that challenge the status quo. With the rise of DAOs, the future of work is moving towards a more inclusive, democratic, and decentralized model. This book explores these dynamics, offering a blueprint for building more resilient and adaptive organizations that can weather economic uncertainties and capitalize on new opportunities. Readers will gain insight into how to attract and retain top talent in a decentralized world and how to build and nurture communities that drive sustained engagement and value creation. For readers seeking to understand the ethical and social implications of these new digital entities, the book provides a balanced and thought-provoking analysis. It delves into issues of fairness, inclusivity, and governance in the DAO landscape, addressing both the opportunities and challenges presented by these models. The book is unafraid to tackle difficult questions about power dynamics, governance, and the potential risks of decentralized systems, offering a nuanced perspective that equips readers to make informed decisions. Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy is a timely, authoritative, and forward-looking work that stands as a must-read for those looking to engage with the future of digital economies. It is not just a book but a strategic guide that helps readers anticipate the future and make impactful decisions today. For businesses, it’s about understanding how to integrate DAO principles to innovate and stay ahead of the competition. For policymakers, it provides a roadmap for navigating the regulatory complexities of this new frontier. And for academics and enthusiasts, it offers a rich source of ideas and frameworks for further exploration and application. This book is more than just a theoretical exploration—it’s a call to action. It invites readers to imagine a future where decentralized governance can lead to more efficient, transparent, and equitable systems. By understanding the concepts and applications presented, readers will be better positioned to leverage DAOs to create new business models, enhance collaboration, and drive sustainable growth. In conclusion, Decentralized Autonomous Organizations (DAO): Innovating in the New Digital Economy is the definitive guide to understanding and capitalizing on the DAO phenomenon. It is a groundbreaking work that is set to become a cornerstone reference for anyone interested in the future of digital governance and economic innovation. Don’t miss the opportunity to explore this new world and be among the pioneers shaping the next generation of digital organizations.

Innovative Computing

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Author :
Publisher : Springer Nature
ISBN 13 : 9811941327
Total Pages : 1324 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Innovative Computing by : Yan Pei

Download or read book Innovative Computing written by Yan Pei and published by Springer Nature. This book was released on 2022-10-14 with total page 1324 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book comprises select proceedings of the 5th International Conference on Innovative Computing (IC 2022) focusing on cutting-edge research carried out in the areas of information technology, science, and engineering. Some of the themes covered in this book are cloud communications and networking, high performance computing, architecture for secure and interactive IoT, satellite communication, wearable network and system, infrastructure management, etc. The essays are written by leading international experts, making it a valuable resource for researchers and practicing engineers alike.

Fundamentals of Entrepreneurial Finance

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Author :
Publisher : Oxford University Press
ISBN 13 : 0190941561
Total Pages : 657 pages
Book Rating : 4.1/5 (99 download)

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Book Synopsis Fundamentals of Entrepreneurial Finance by : Marco Da Rin

Download or read book Fundamentals of Entrepreneurial Finance written by Marco Da Rin and published by Oxford University Press. This book was released on 2020-01-21 with total page 657 pages. Available in PDF, EPUB and Kindle. Book excerpt: Fundamentals of Entrepreneurial Finance provides a comprehensive introduction to entrepreneurial finance, showing how entrepreneurs and investors jointly turn ideas into valuable high-growth start-ups. Marco Da Rin and Thomas Hellmann examine the challenges entrepreneurs face in obtaining funding and the challenges investors face in attracting promising ventures. They follow the joint journey of entrepreneurs and investors from initial match to the eventual success or failure of the venture. Written with the goal of making entrepreneurial finance accessible, this book starts with the basics, develops advanced topics, and derives practical insights. Da Rin and Hellmann build on academic foundations from several disciplines and enrich the text with data, mini-cases, examples, and exercises.

The Chinese Entrepreneurship Way

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Author :
Publisher : Business Expert Press
ISBN 13 : 1606497650
Total Pages : 358 pages
Book Rating : 4.6/5 (64 download)

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Book Synopsis The Chinese Entrepreneurship Way by : Julia Perez-Cerezo

Download or read book The Chinese Entrepreneurship Way written by Julia Perez-Cerezo and published by Business Expert Press. This book was released on 2013-10-07 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: China is the second-largest economy in the world, and it stands poised to become the largest. China s geopolitical power is also developing at a stunning pace. It has been predicted that China will have more impact on the world over the next 20 years than any other country. The world order as we have known it is changing, and China is becoming its leader. But, contrary to the belief that China's economic miracle is solely due to its government, the reality is that it has been fuelled by its people's pent-up ambition and entrepreneurial spirit. Private-owned companies account for about 60 percent of the country's gross domestic product (GDP) and about 75 percent of the country's jobs. The real secret to the Chinese economy s outstanding development had most to do with the nature and attitude of the Chinese people. This book is about models of Chinese entrepreneurship. It tells the stories of fifteen women entrepreneurs, but dealing with them just as entrepreneurs. They have been chosen because in today's China, women are closer to the junzi ideal of Confucius. The book shows that Chinese entrepreneurs' good performance is based on principles and values shaped over the millennia. It sheds light on the approaches and rationale of the entrepreneurial paths Chinese follow. A striking feature of Chinese entrepreneurs is how they all seem to go with the flow of things. So, they are not afraid to face risks or to start all over again. They do not panic when adversities arise, for they know that success will always follow adversity. For Chinese entrepreneurs the world is a place where anything is possible. This makes them creative and able to persevere, willing to try what for others may seem impossible or unrealistic. They are brimming with a unique inner strength, self-motivation and self-control. Chinese entrepreneurs have a tremendous emotional intelligence and are experts at generating new ideas and strategies. They regard their employees and the building of an internal corporate culture as the soul of their business. For them a crisis is an opportunity to improve and learn, to focus on working hard and being efficient today in order to succeed tomorrow. Chinese entrepreneurs operate in the Chinese Paradigm, a paradigm which overlaps very little with our Western paradigm. But, while the Chinese are very familiar with Western modes of business, we Westerners are unaware of how they operate. This book is aimed to shine some light on this.

Securities Regulation

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Author :
Publisher : Aspen Publishing
ISBN 13 : 1543803113
Total Pages : 206 pages
Book Rating : 4.5/5 (438 download)

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Book Synopsis Securities Regulation by : James D. Cox

Download or read book Securities Regulation written by James D. Cox and published by Aspen Publishing. This book was released on 2018-07-19 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: Securities Regulation: Cases and Materials, Eighth Edition, 2018 Supplement

New Frontiers In Entrepreneurial Finance Research

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Author :
Publisher : World Scientific
ISBN 13 : 981120277X
Total Pages : 356 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis New Frontiers In Entrepreneurial Finance Research by : Quas Anita

Download or read book New Frontiers In Entrepreneurial Finance Research written by Quas Anita and published by World Scientific. This book was released on 2019-09-12 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an updated view of new trends in entrepreneurial finance, with the aim of guiding academics and non-academics alike that want to gain a deeper understanding of this field.It collects recent contributions from scholars from all over the world. Each chapter provides new empirical or theoretical evidence on fundamental issues related to entrepreneurial finance, including business angels, crowdfunding, Initial Coin Offerings, Mini bonds, public support and more. Besides reviewing the recent trends in the field, the book also highlights new avenues for research, and implications for practitioners.

The Silicon Valley Model

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Author :
Publisher : Springer Nature
ISBN 13 : 3031484053
Total Pages : 218 pages
Book Rating : 4.0/5 (314 download)

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Book Synopsis The Silicon Valley Model by : Annika Steiber

Download or read book The Silicon Valley Model written by Annika Steiber and published by Springer Nature. This book was released on 2024-01-15 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: The first edition of The Silicon Valley Model, published in 2016, addresses the need for a fundamentally new approach to managing and developing large firms with an emphasis on entrepreneurship. This second edition validates, extends, and updates these original findings. While still encompassing the observations and analysis featured in the first edition, this new edition addresses new developments in management and in the global business environment. Further, it presents Dr. Steiber’s research identifying more companies in Asia, Europe, and the USA that are implementing management approaches that parallels the Silicon Valley Model, and in some respects, advanced upon it. New material, appearing mainly in the “Recent Developments” sections in each chapter, includes both real-life events and new research findings related to the management principles for entrepreneurship. In some cases, elements of innovation and development of the Silicon Valley Model have taken new forms in response to changing times or the desires of the companies involved. The Silicon Valley Model, Second Edition is beneficial to executives from the board and CEO level on down, consultants, researchers, and others who study or work with new developments in management.

Regulation of Cryptocurrencies and Blockchain Technologies

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Author :
Publisher : Springer Nature
ISBN 13 : 3031218124
Total Pages : 406 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Regulation of Cryptocurrencies and Blockchain Technologies by : Rosario Girasa

Download or read book Regulation of Cryptocurrencies and Blockchain Technologies written by Rosario Girasa and published by Springer Nature. This book was released on 2022-12-07 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: This second edition further explores the regulatory landscape of cryptocurrency, highlighting the rise of Bitcoin, which is based on blockchain technology, and some of the many types of coins and tokens that emerged thereafter. Although Bitcoin and other cryptocurrencies have made national and international news with their dramatic rise and decline in value, nevertheless the underlying technology is being adopted by both industry and governments, which have noted the benefits of speed, cost efficiency, and protection from hacking. Based on numerous downloaded articles, laws, cases, and other materials, the book discusses the digital transformation, the types of cryptocurrencies, key actors, and the benefits and risks. It also addresses legal issues of digital technology and the evolving U.S. federal regulation. The varying treatment by individual U.S. states is reviewed together with attempts by organizations to arrive at a uniform regulatory regime. Both civil and criminal prosecutions are highlighted with an examination of the major cases that have arisen. This second edition specifically explores the creation of stablecoins, governments issuance of their own versions of digital currencies, new regulations that have been enacted and promulgated, and a clearer examination of futuristic evolutions that potentially will have a major impact upon the current cited technologies.

Fintech Regulation in China

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1108860591
Total Pages : 315 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis Fintech Regulation in China by : Robin Hui Huang

Download or read book Fintech Regulation in China written by Robin Hui Huang and published by Cambridge University Press. This book was released on 2021-07-01 with total page 315 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book-length treatment of the regulation of financial technology (Fintech) in China. Fintech brings about paradigm changes to the traditional financial system, presenting both challenges and opportunities. At the international level, there has been a fierce competition for the coveted title of global Fintech hub. One of the key enablers of success in this race is regulation. As the world's leader in Fintech, China's regulatory experience is of both academic and practical significance. This book presents a systematic and contextualized account of China's Fintech regulation, and in doing so, tries to identify and analyze relevant institutional factors contributing to the development of the Chinese law. It also takes a comparative approach to critically evaluating the Chinese experience. The book illustrates why and how China's Fintech regulation has been developed, if and how it differs from the rest of the world, and what can be learned from the Chinese experience.

Bank 4.0

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Publisher : John Wiley & Sons
ISBN 13 : 1119506522
Total Pages : 275 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Bank 4.0 by : Brett King

Download or read book Bank 4.0 written by Brett King and published by John Wiley & Sons. This book was released on 2018-12-28 with total page 275 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of best book by a foreign author (2019) at the Business Book of the Year Award organised by PwC Russia The future of banking is already here — are you ready? Bank 4.0 explores the radical transformation already taking place in banking, and follows it to its logical conclusion. What will banking look like in 30 years? 50 years? The world’s best banks have been forced to adapt to changing consumer behaviors; regulators are rethinking friction, licensing and regulation; Fintech start-ups and tech giants are redefining how banking fits in the daily life of consumers. To survive, banks are having to develop new capabilities, new jobs and new skills. The future of banking is not just about new thinking around value stores, payment and credit utility — it's embedded in voice-based smart assistants like Alexa and Siri and soon smart glasses which will guide you on daily spending and money decisions. The coming Bank 4.0 era is one where either your bank is embedded in your world via tech, or it no longer exists. In this final volume in Brett King's BANK series, we explore the future of banks amidst the evolution of technology and discover a revolution already at work. From re-engineered banking systems, to selfie-pay and self-driving cars, Bank 4.0 proves that we're not on Wall Street anymore. Bank 4.0 will help you: Understand the historical precedents that flag a fundamental rethinking in banking Discover low-friction, technology experiences that undermine the products we sell today Think through the evolution of identity, value and assets as cash and cards become obsolete Learn how Fintech and tech "disruptors" are using behaviour, psychology and technology to reshape the economics of banking Examine the ways in which blockchain, A.I., augmented reality and other leading-edge tech are the real building blocks of the future of banking systems If you look at individual technologies or startups disrupting the space, you might miss the biggest signposts to the future and you might also miss that most of we've learned about banking the last 700 years just isn't useful. When the biggest bank in the world isn't any of the names you'd expect, when branch networks are a burden not an asset, and when advice is the domain of Artificial Intelligence, we may very well have to start from scratch. Bank 4.0 takes you to a world where banking will be instant, smart and ubiquitous, and where you'll have to adapt faster than ever before just to survive. Welcome to the future.

SBA Reauthorization

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Author :
Publisher :
ISBN 13 :
Total Pages : 160 pages
Book Rating : 4.:/5 (327 download)

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Book Synopsis SBA Reauthorization by : United States. Congress. Senate. Committee on Small Business and Entrepreneurship

Download or read book SBA Reauthorization written by United States. Congress. Senate. Committee on Small Business and Entrepreneurship and published by . This book was released on 2004 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Expert One-on-One J2EE Development without EJB

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Author :
Publisher : John Wiley & Sons
ISBN 13 : 0764558315
Total Pages : 578 pages
Book Rating : 4.7/5 (645 download)

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Book Synopsis Expert One-on-One J2EE Development without EJB by : Rod Johnson

Download or read book Expert One-on-One J2EE Development without EJB written by Rod Johnson and published by John Wiley & Sons. This book was released on 2004-07-02 with total page 578 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is this book about? Expert One-on-One J2EE Development without EJB shows Java developers and architects how to build robust J2EE applications without having to use Enterprise JavaBeans (EJB). This practical, code-intensive guide provides best practices for using simpler and more effective methods and tools, including JavaServer pages, servlets, and lightweight frameworks. What does this book cover? The book begins by examining the limits of EJB technology — what it does well and not so well. Then the authors guide you through alternatives to EJB that you can use to create higher quality applications faster and at lower cost — both agile methods as well as new classes of tools that have evolved over the past few years. They then dive into the details, showing solutions based on the lightweight framework they pioneered on SourceForge — one of the most innovative open source communities. They demonstrate how to leverage practical techniques and tools, including the popular open source Spring Framework and Hibernate. This book also guides you through productive solutions to core problems, such as transaction management, persistence, remoting, and Web tier design. You will examine how these alternatives affect testing, performance, and scalability, and discover how lightweight architectures can slash time and effort on many projects. What will you learn from this book? Here are some details on what you'll find in this book: How to find the simplest and most maintainable architecture for your application Effective transaction management without EJB How to solve common problems in enterprise software development using AOP and Inversion of Control Web tier design and the place of the Web tier in a well-designed J2EE application Effective data access techniques for J2EE applications with JDBC, Hibernate, and JDO How to leverage open source products to improve productivity and reduce custom coding How to design for optimal performance and scalability

Social Innovation, Entrepreneurship, and Sport for Development and Peace

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Author :
Publisher : Taylor & Francis
ISBN 13 : 1000636461
Total Pages : 255 pages
Book Rating : 4.0/5 (6 download)

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Book Synopsis Social Innovation, Entrepreneurship, and Sport for Development and Peace by : Mitchell McSweeney

Download or read book Social Innovation, Entrepreneurship, and Sport for Development and Peace written by Mitchell McSweeney and published by Taylor & Francis. This book was released on 2022-08-12 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the ways in which sport for development and peace (SDP) offers an opportunity for entrepreneurship to take place through and within sport, and how innovation in the context of SDP contributes to social and economic value for underrepresented and marginalised groups and individuals. Written by a team of leading international SDP researchers, and featuring the voices of active SDP practitioners, the book examines the ways in which entrepreneurs seek to use sport and/or social innovation in and through sport to achieve their goals of social and economic development. It explores the strategies that SDP organizations and practitioners are utilizing in the current neoliberal moment to not only survive during economic hardship - particularly during the COVID 19 crisis - but also to thrive, drawing on important concepts such as innovation, risk taking, proactiveness and opportunity seeking. It also considers how nongovernmental organizations, companies, governments, and communities are working to tackle development issues in SDP using non-traditional forms of organization and management, such as social enterprise models. Combining cutting-edge research with reflections on best practice in the field, this book is important reading for any advanced student, researcher or practitioner with an interest in the sociology of sport, sport for development, sport management, development studies, social enterprise or innovation.

Advances in Cultural Entrepreneurship

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Author :
Publisher : Emerald Group Publishing
ISBN 13 : 1802622071
Total Pages : 356 pages
Book Rating : 4.8/5 (26 download)

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Book Synopsis Advances in Cultural Entrepreneurship by : Christi Lockwood

Download or read book Advances in Cultural Entrepreneurship written by Christi Lockwood and published by Emerald Group Publishing. This book was released on 2022-04-18 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: With contributions from some of the field’s leading scholars, this volume aims to further expand the agenda and scope of cultural entrepreneurship research by broadening what culture encompasses and what entrepreneurship entails.

The Routledge Handbook of FinTech

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Author :
Publisher : Routledge
ISBN 13 : 1000375706
Total Pages : 491 pages
Book Rating : 4.0/5 (3 download)

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Book Synopsis The Routledge Handbook of FinTech by : K. Thomas Liaw

Download or read book The Routledge Handbook of FinTech written by K. Thomas Liaw and published by Routledge. This book was released on 2021-06-14 with total page 491 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a comprehensive and cutting-edge guide to FinTech. The chapters are written by an international selection of authors from Europe, North America, Asia, and Australia. They are the leading experts in their relevant subject and come from both academia and industry. Each chapter provides a balanced overview of the current state of the art in the field, identifies potential issues, and discusses future trends. The book is analytical and engaging, and the authors reflect on where the research agenda is likely to advance in the future.