As a consequence of the paradigm shift from an industrial society to an information society, the role of the entrepreneur ought to change from being an inventor of product/services to become a value creator. Hence, the focus of entrepreneurial ventures should be shifting towards creating viable business models rather than superior product/services. One major implication of the shift of entrepreneurial endeavour from product/services towards creating new business models is that hands on investors behind companies' have to be involved closer to the inception of new ventures in order to contribute to their portfolio companies.

Abstract

No abstract

This report deals with the influence of various organizational resources upon methods of participation. We found it useful to subdivide the concept of political participation into four groups: Input participation, decision participation, consumer participation, and respondent participation. Using data from one city and one sector we cannot suggest any general conclusions. Our findings show these various methods of participation to be highly intercorrelated and that the various methods of participation ‐ along with organizational resources as income and staff, the contextual variable, and preoccupation with the local system level ‐ influenced each method of participation. This means that we have to take the positions of organizations in the political system into consideration if we want to study their participation in the political processes. The resources stemning from positions in the political system are perhaps more influential upon the method of participation than the traditional organizational resource variables. The process of consuming public finances is not without political effects. Consumer participation is related both to decision participation and to input participation. Our study also indicates that it is wrong to assume closed models with no feedback loops when we study relations between interest organizations and public authorities.