Economic Time Binding
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 bootstrapping 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 in a proprietary framework of Competitive Waste , reinventing the wheel throughout much of the startup effort, while facing significant startup costs.