Current issues faced by technology entrepreneurs

U. N. Umesh, Len Jessup, Minh Q. Huynh

Research output: Contribution to journalArticlepeer-review

6 Scopus citations

Abstract

Several significant issues and challenges that are faced by entrepreneurs in developing a new product and introducing it in the market are discussed. An entrepreneur needs to take several significant steps, to efficiently and effectively develop and introduce a new product in the market. Several new entrepreneurs face some of the significant challenges, while investing in developing and introducing new technologies and products in the market. The new companies and entrepreneurs face significant challenges in developing strategies of developing new products, as they depend on venture capital investments. Investors that invest less amount of money in a new product development project and help entrepreneurs in setting up their business are more the most successful in their efforts.

Original languageEnglish (US)
Article number1290963
Pages (from-to)60-66
Number of pages7
JournalCommunications of the ACM
Volume50
Issue number10
DOIs
StatePublished - Oct 1 2007
Externally publishedYes

ASJC Scopus subject areas

  • General Computer Science

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