Recognition of Value: A Critical Step in the Value Creation Process

Abstract

Russell P. Boisjoly

This paper has demonstrated that the intentional Value Creation process presented by can be enhanced by adding connections between the Value Creation Process of and the Creativity Process of within a corporation, and that those two internal processes also have a relationship with the external entrepreneurial processes modeled by Krueger-Brazeal and Furthermore, all of these constructs can be related to the massive amount of dormant technology available in corporations, R&D labs, government research centers, universities, and foundations/nonprofit research centers. The relationship between each model assist in capturing the essence of Shane and whose article laid out a design for Entrepreneurship as a unique field of research. When the aforementioned models are included in one holistic model, the internal and external entrepreneurial processes are shown to have the same or nearly identical features.

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