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Thinking and
Acting Outside the Box
New digital economy
creates brilliant opportunities for reinventing the traditional business
incubation model. Creating a virtual innovation society – actually, a
Virtual Venture Valley – for both both start-up firms and would-be
entrepreneurs is not impossible any more after web-based and integrated
Business e-Coaching and project
management workspace models have been successfully launched.
The new hybrid Business E-ncubator
without walls can not just think, but act outside its box and provide
effective IT-enabled business e-coaching,
match-making, and project management services to thousands of its
semi-virtual and virtual tenants –
start-up companies. E-coaching will also enhance the effectiveness of
traditional tailor-made training, mentoring, and consulting services as
entrepreneurs will have better preliminary understanding of the subject. In
fact, business consultancies usually don't like to waste their time on
low-value activities such as teaching first-time
entrepreneurs
basic business skills. Business e-Coach can do it for them very effectively
and free of charge thus enabling reallocation of human resources from
low-value to high-value uses.
Business e-ncubator can also
extend its activities to the pre-incubation phase and provide business e-coaching
services to hundreds of would-be
entrepreneurs. E-coaching would help them to refine their
business
models
and transit seamlessly from the pre-incubation phase to the incubation one. |
