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Virtual Business Models : Entrepreneurial Risks and Rewards - Karin Bryder

Virtual Business Models

Entrepreneurial Risks and Rewards

By: Karin Bryder, Anki Malmborg-Hager, Eskil S?derlind

Hardcover | 5 February 2016 | Edition Number 1

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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.

  • 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

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