Economic Time Binding: Difference between revisions
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A concept in Enterprise startup. [[Time-binding]] within the realm of economics - is the capacity for enterprise startup with small or zero barriers to entry - by virtue of building on prior, documented work. This implies the existence of Open Enterprise models to build upon. This is the opposite of the standard business case of having to develop an enterprise from scratch, reinventing the wheel throughout much of the startup effort. | A concept in Enterprise startup. [[Time-binding]] within the realm of economics - is the capacity for enterprise startup with small or zero barriers to entry - by virtue of building on prior, documented work - as well as building upon documented capitalization strategies that minimize the financial outlay required. This implies the existence of Open Enterprise models to build upon. This is the opposite of the standard business case of having to develop an enterprise from scratch, reinventing the wheel throughout much of the startup effort, while facing significant startup costs. | ||
Economic time Binding is a feature of efficiency being normalized in the world of economics, and is an inherent byproduct of the [[Open Source Economy]]. | |||
Revision as of 17:14, 16 February 2016
A concept in Enterprise startup. Time-binding within the realm of economics - is the capacity for enterprise startup with small or zero barriers to entry - by virtue of building on prior, documented work - as well as building upon documented capitalization strategies that minimize the financial outlay required. This implies the existence of Open Enterprise models to build upon. This is the opposite of the standard business case of having to develop an enterprise from scratch, reinventing the wheel throughout much of the startup effort, while facing significant startup costs.
Economic time Binding is a feature of efficiency being normalized in the world of economics, and is an inherent byproduct of the Open Source Economy.