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Passion Blog Pro Review

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Passion Blog Pro Review Summary

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4.6 stars out of 11 votes

Contents: Video Course
Author: Demetris Papadopoulos
Price: $47.00

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Entrepreneurship and Innovation

Sustainability logic and innovation are best understood as a wave of change in the current global economy. This wave has its origins in the entrepreneurial creativity of individuals and organizations that track and anticipate trends. As with any emergent frontier of innovation, certain pioneering firms are actively pursuing the emerging entrepreneurial opportunities. Companies such as Rohm and Haas, Pfizer, Shaw, Cargill-Dow, and Chemecol are creating alternative polymers, materials, and products that incorporate health, environment, and social benefit into the design and application of the product. It makes sense that a radically different way of thinking - that is, viewing economic activity as necessarily dependent upon and interactive with natural systems and communities (whether human, or living but nonhuman) - would create entrepreneurial opportunities. It is consistent with entrepreneurship researchers' observations and therefore not surprising that the most enterprising among...

The Rise and Struggle of the Biopesticide Industry

The research on insect pathogens has grown extensively the last four decades and the literature on insect pathogens and on their potential as microbial control agents is vast. During this period, many companies have employed activities with biopesticides and numerous products have been developed, registered, and introduced on the market. The use of biopesticides is constantly increasing. However, their overall use is merely a few percent of the total worldwide use of plant protection products. Many products have not been successful, and numerous companies have failed. According to Lisansky (CPL 2006) over four hundred companies have been active at different times with commercialization of microbial pesticides, and the majority of these companies has left the field of biopesticides. Gelernter (2005) provided an overview of these commercial developments within the biopesticide industry from 1950 to 2005. The challenges that entrepreneurs face when they try to develop and commercialize...

Actors and Stakeholders Mobilization of the Renewable Raw Materials

In general a major difference between logistic chains for fossil and renewable raw materials is the number of actors necessary to generate and transport a comparable amount of raw material. This is because renewable raw materials not only have a low yield per unit area and are unevenly distributed in our environment they are also grown and harvested by a large number of actors. Since this great number of actors is involved, the effort to organize and secure feedstock supply is compared to fossil raw materials significantly higher. Farmers, forest owners, raw material consumers, entrepreneurs, machine operators, administration staff, and workers grow renewable raw materials, harvest them, organize and run logistic chains. Hence, logistics of renewable raw materials is not only about the most efficient combination of machinery and means of transport but also on communication and interaction between the actors. The better the communication and interaction, the lower are transaction costs...

History of the Biopesticide Industry

Concluded that the incorrectly perceived size of the market has been leading these developments. With a more realistic approach, a small group of feet on the ground entrepreneurs continue to develop the biocontrol market. The biopesticide industry, if one could call it this, consisted and still consists of a diverse group of players. It has gone through periods of turmoil and many changes. This illustrates that this sector is a young sector which faces many challenges in a field where survival and sustainable business is far from easy to achieve. However, the agrochemical world has gone through many of the same challenges and many companies have disappeared. Only a handful is still active and developing new products (Pallett 2005).

Key Components of a Successful Business Model

Several business models could be successful there is not one straightforward model that guarantees a profitable business. Key factors are to have a responsible, dedicated and committed management with core competence in the products and the target markets. Successful companies are more carefully investigating the market potential than before and this is key-information, besides the ability to supply cost-competitive products (CPL 2006a). Biopesticides are unique products in many ways, and understanding these products and the way to commercialize them is indispen-sible in order to succeed. Cost-effective and reliable products with a demand in the market have a high probability of becoming successful. Crucial is the ability of the company to survive years when income is limited and to be able to accept a stepwise growth of the organization. Gelernter (2005) called the smaller companies value-driven entrepreneurs and considered them as the core of the future successes in biological...

Value at Stake Environmental and Social Issues in the Chemical Industry

While there are lots of general empirical studies about the statistical relationship between environmental and financial performance, most of this research looks across all the companies in the market rather than focusing on specific industries. Most financial researchers and portfolio managers evaluate companies relative to their industry peers and the major trends in the industry. One of the few bodies of research to examine the specific issues involved in financial analysis of environmental strategies in the chemical industry was done by Pamela Cohen Kalafut and Jonathan Low at the now defunct Ernst & Young Center for Entrepreneurship (see Chapter 6, Section 6.2.2). Karina Funk describes this work, which ranks the different drivers of shareholder value in the global chemical sector.27 Of eight drivers tested, Social Responsibility Environment was the fourth behind Innovation, Alliances, and Leadership, all of which were highly statistically correlated to the market value of the...

Stakeholders Perceptions of Biorefinery in Rural Areas Issues and Lessons from the South of Italy

To draw the cognitive map, a group of 10 people were interviewed about their perceptions and expectations toward the socioeconomic aspects related to the development of the biorefinery and the use of raw materials. According to the existing related literature 2, 10, 11, 14 , different groups of stakeholders are considered. The most recurrent groups reported in the literature are farmers, private entrepreneurs, researchers, technological transfer agents, consumers, local citizens, policy makers, and institutions. The participants were asked to respond to the question What sort of effects do you expect to derive from the development of a biorefinery industry in this area

Successful Biopesticide Companies and Products

In more than 30 years of commercialization of biopesticides, many companies have been active in this field and many products have been developed and sold in the crop protection market. The historical picture presents outstanding failures as well as ongoing success stories. Particularly in the 1990s in the USA, large venture capital biopesticide companies failed to develop a sustainable business. Most of the world's largest agrochemical companies had a brief encounter with biocontrol, but they all abandoned the field. Small and committed entrepreneurs have been able to continue, albeit with difficulties. Investment has been high and risky, time to registration too long, and adoption in the market too slow. Nevertheless, a few dozen companies seem to be successful, and new ones are regularly founded. Several hundred biopesticides have been developed, some very successfully, but the majority are small products, however, and many never saw the light of day. Many ideas are still on the...

Five Determinants for Success or Failure

To develop a successful product and to become a profitable company in the area of biopesticides is an enormous challenge. The many critical aspects described in this chapter provide a matrix of product attributes and market features that need to be profoundly understood and weaved together. The complicated commercialization route demands biological and technical expertise, understanding of the market, and entrepreneurial intelligence, next to commitment and perseverance. On the other hand, if the prospects for a product are not convincing, management must be so courageous to abandon the project in time, to prevent serious loss of money and time. This may be the most difficult decision since everyone involved is focussed on developing a new product. Therefore, it is elementary to set up a stage-gate system, and to make decisions transparent based on quantifiable factors. Resources can only be used once, and it is essential for a company to spend them on the right project. The lack of...

Critical Commercial Success Factors

A good scientist is not necessarily an able entrepreneur. If the company is a spin-off from a research organization, the emphasis should be given to management skills. If a large company is new to the field of biopesticides, the management does not always understand this type of business. The management should fit with the type and size of the company or invest sufficient time to understand the field of biopesticides. In new businesses, poor management is often cited as the principal reason for When a company does everything right and the product is a good product, does this guarantee a sustainable business Obviously, Bt's are successful products that are well accepted by users and are the most sold biopesticides. Still, large companies have stopped their activity with Bt and sold that activity. Examples from the past are Sandoz, Novartis, Novo Nordisk, and Abbott. From the outside, these companies appeared to be successfully producing and marketing these products. Corporate...

Addressing the Challenge of PBTs

Finding solutions to the problem of PBTs in commerce depends on the ingenuity and expertise of chemical industry leaders, and of entrepreneurs in other industries who can devise product alternatives that are PBT-free or as close to that as possible. Examples of equally challenging innovation provide encouragement that the same inventiveness that brought us the chemical advances that contribute so much to today's quality of life can likewise meet the challenge posed by these hazardous chemicals.

Characteristics of Successful Biopesticide Companies

Successful companies can be characterized by their commitment and belief in the products they make. Their enthusiasm and entrepreneurial skills help them succeed. Within the field of biopesticides it is pivotal to find your niche in the market where competition is limited. This seems to be the strategic decision that allows a company to establish its position and to gradually become successful. Examples are Becker Underwood and Enema which specialized in the production and commercialization of entomopathogenic nematodes. Others focussed on production methods for certain organisms. This is illustrated by Valent BioSciences which specialized in Bt production, and Prophyta which specialized in fungal spore-based products. Andermatt seems to have chosen to become a specialist in baculoviruses. A strong focus on a particular market can also be a key factor that makes a business grow as demonstrated by Bioworks (Evans 2004a).

Insufficiency of Energy Economics Theories

Jevons, in particular, declared economic behavior to be nothing more or less than the materialization in social form of this allegedly universal and thoroughly selfish principle. What the worker does to avoid starvation is, thereby, equated with what the business owner does to get another few pennies of profit out of the powerless public. Jevons even suggested a mathematical model that justified his standpoint, arguing that the discrete choices of millions of economic actors may be approximated meaningfully or usefully by continuous-type mathematical functions. He combined this with Nevertheless, in no contemporary sense can Jevons be considered to have worked in his own day because some of his ideas were already dubious or had failed. For one thing, likely as a result of the experience of his own family's circumstances, in which his father suffered financial ruin in the iron business, Jevons was well aware of the historical conditions that imposed limitations on the capacities of the...

Concrete Examples Three Case Studies

A detailed RFA was carried out for the town. Only when the figures were aggregated did the industrialists realize that they were collectively spending over US 7 million annually on buying water and in addition, the annual maintenance cost of the effluent treatment plant would be an enormous burden. The aggregate figures immediately showed that water could be recycled profitably. On the basis of the study, a private entrepreneur developed a water recycling system, which could be installed in each dyeing unit. The system used the waste heat from the boilers already working in the dyeing units for the recycling process. This is a relatively low cost system, which is gaining popularity in the town.

Successful and Unsuccessful Companies

Numerous companies have entered the field of production and marketing of microbial pesticides over the last 40 years. This field attracted investors and entrepreneurs every where in the world. Obviously, its perspective from the outside must have been of a promising area where profits could be made in a relatively short period of time. Many companies though, once active in the field, could not meet product objectives and market projections, and registrations took too long and delayed income. As a result, many, who started optimistically, failed (Gelernter 2005 CPL 2006c). On the other hand, some companies have been in business in this area for a decade or even much longer and have been expanding. Examples from Europe are Andermatt Biocontrol, Enema, Intrachem, Koppert, NPP, Prophyta, Verdera (formerly owned by Kemira, now part of Lallemand), and from the USA Agraquest, Becker Underwood and BioWorks. Some have multiple areas of activity. Whether these companies are profitable is hard...

Format of the Debate

Environmental solutions by definition are designed to solve an environmental problem. The problem is one that you, as a professional or an entrepreneur, have been asked to address or that you simply see a better way to make progress on the issue. Under all circumstances the solution will need either approval or acceptance to be implemented. In many cases approval will come in the form of meeting existing regulatory requirements. In other cases it may require a more widespread economic or legal acceptance. In all cases public budgets, regulations, laws, or agreements will be involved.

Look to the Future

Finally, Andrea Larson, in Section 7.3.3, presents a business case for the sustain-ability of the chemical industry, recognizing that the market is not driven by some invisible hand, but rather by the entrepreneurship and creative capacities of real professionals who daily make decisions about what chemicals to develop and use, what products to make and promote, and what costs will be borne by the public and the environment. It is through guided innovation that chemicals are developed and employed, and where innovation embraces environmental values there are a host of business opportunities for creating a sustainable future.

Determinants

The detailed outcomes from local experiments undertaken in small-scale plots, as well as the terms of economic transactions with the biorefinery industry (vertical integration). Private entrepreneurs need information to evaluate their business opportunities, such as details about the market structure and outlook, and the marketing of raw materials (e.g., opportunities from suppliers offering alternative raw materials), and that of the processed products (e.g., threats from concurrent firms producing substitutive products). Local citizens are concerned about the impact of the industry on their quality of life, but also the creation of job opportunities. The information provided to consumers may stimulate the emergence of new expectations and needs (e.g., the substitution of traditional goods with more environmentally friendly ones derived from biorefinery processes). However, the (partial) substitution of petroleum-based technologies with those derived from the biorefinery industry may...

Jeff Weinrach

Several years ago, New Mexico embarked on a strange, yet wonderful, odyssey - the Green Zia Environmental Excellence Program. The Program (Green Zia) was designed to take the successful elements of the Malcolm Bal-drige Criteria for Performance Excellence and state Quality Awards Programs such as Quality New Mexico, which utilize the Baldrige Criteria, coupled with the principles of pollution prevention (P2) and Environmental Management Systems (EMS) and develop an effective set of EMS tools and methodologies designed to provide organizations in New Mexico, especially small businesses, with a long-term viable approach to sustainable development through environmental excellence. At the time, we were the only state that was formally adopting the Baldrige Criteria, albeit modified, as

Forest Production

Fully mechanized harvest chains are compared to partially mechanized chains generally more productive and harvesting costs per m3 are, despite the higher system costs per working hour, overall lower. Fully mechanized harvesting chains are mainly applied for thinning and final cut in softwood and increasingly for thinning in younger hardwood stands. The machines generally are operated by entrepreneurs with special training for timber harvesters. A fully mechanized harvesting chain consists of two steps (see Figure 4.4)

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