Wednesday, March 16, 2011

Entrepreneurship, Innovation and Development's

It has been observed that some of the countries really stress on Innovation which simply means more investment and support to Research and development sector which helps these economies to develop significantly in global markets.

Lesson's from Finland


Service, consultation and financing specially for the research and development of small and medium scale enterprises.
Subsidy is only granted with condition of involvement in the management.
Funding takes place in three stages Pre stage funding, First stage funding, second stage funding.
http://goliath.ecnext.com/coms2/gi_0199-12007063/Entrepreneurship-innovation-and-development-lessons.html

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