This type of high-net-worth individual is typically experienced in running a business and invests in early-stage companies in exchange for acquiring shares or stocks.
Angel Investor
This U.S. concept represents a belief that anyone, regardless of background, can achieve success and prosperity through hard work and determination.
The American Dream
Known for its emphasis on quality education, and workforce development, this small city-state consistently ranked as the best countries for human capital according to the 2020 Human Capital Index, fostering a highly skilled and competitive workforce.
Singapore
This economic policy tool involves taxes or duties imposed by a government on imported goods, often used to protect domestic industries or to generate government revenue.
Tariffs
This encompasses various online channels where consumers can purchase products directly from manufacturers or through third-party retailers over the internet.
E-Commerce or Online Commerce
Friends and family funding is a method to raise capital for a business from personal network of friends, family, and close acquaintances. Mark Zuckerberg relied on personal connections like Eduardo Saverin to establish "The Facebook". Aside from being his friend, what is his relationship with Saverin?
Roommate
This is a type of story that celebrates entrepreneurs who achieve major milestones like wealth generation, international recognition, or positive social impact within an entrepreneurial ecosystem.
Success Stories
This type of mindset, often sought by startups, involves a willingness to take risks, innovate, and solve problems in uncertain environments.
Entrepreneurial Mindset
This policy, firstly introduced in Estonia, is a type of visa allowing non-EU entrepreneurs to establish and run businesses in the country, leveraging its digital infrastructure and ease of doing business.
Startup Visa or Startup Visa Policy
This internal EU policy aims to create a seamless economic environment by allowing the free movement of goods, services, capital, and people across member states, fostering trade and economic integration.
The EU Single Market/Common Market/European Economic Area/European Free Trade Market
The concept of microloans, where small sums are lent to impoverished individuals to help them start or expand small businesses, was first introduced in this country with the founding of Grameen Bank.
Bangladesh
In supportive entrepreneurial cultures, there are strong networks that connect entrepreneurs with mentors, investors, and other resources. What is a term used in Chinese culture to describe an individual's social network of mutually beneficial personal and business relationships?
Guanxi
This entrepreneur, known for co-founding Microsoft with Bill Gates, played a significant role in establishing the early human capital of the company, focusing on building the right technical talent.
Paul Allen
Economic actors can also influence policy through organized efforts. An exemplary case is the movement initiated by women empowerment activists within a needle industry from the 1930s to the 1950s, significantly transforming labor rights policies in their territory. Which Caribbean state is recognized for this pivotal movement?
Puerto Rico
Distribution channels are a way to distribute products. One example of a distribution channel is a farmers' market. Farmers' markets connect local producers directly with consumers by eliminating intermediaries. In which ancient civilization was this practice first recorded?
Egypt