7 Funding options for start-ups
In the vibrant landscape of new venture formation, the journey invariably intersects with the critical crossroads of funding. The quantum of funding required fluctuates...
Innovation and Entrepreneurship Unveiled: Decoding the Innovator’s DNA
In today's rapidly evolving business landscape, the convergence of innovation and entrepreneurship has assumed unprecedented significance. These driving forces are not only transforming organizations...
Creative destruction: Schumpeterian perspectives on innovation and entrepreneurship
In the dynamic landscape of economics, innovation and entrepreneurship emerge as pivotal forces that shape industries, economies, and societies. A prominent figure in this...
Joseph Schumpeter: Unraveling Economic Cycles and the Role of Technological Innovations
Joseph Aloïs Schumpeter, economist and economic historian, was born on February 8, 1883 in Triesch, Moravia (part of the former Austro-Hungarian Empire). He died...
Why specialization increases production? (Adam Smith)
When we divide and subdivide the tasks involved in the production of a good or service, workers and companies can produce a greater amount...
Léon Walras: an exchange economy without money
In the field of economics, Léon Walras occupies a prominent place as a pioneer of mathematical economics and the theory of general equilibrium. His...
Elton Mayo and the Hawthorne Experiments
The Hawthorne experiments, a series of studies conducted at the Western Electric Company's Hawthorne plant, marked a significant turning point in the field of...
The Evolution of Scriptural Money: A Comprehensive Insight
In the world of finance and economics, the concept of scriptural money holds significant importance. Derived from the Latin term "sriptum," which translates to...
Major Characteristics of the Manager’s Job
Effective managers are the linchpins that hold organizations together. These skilled professionals don multiple hats and juggle an array of responsibilities to ensure the...
Is Your Team Stressed?
How are you feeling right now? And what about your team? These are, in my opinion, some of the key questions that all leaders...