The Entrepreneur
The Entrepreneur
Student Name
School Name
Karen Burrows was a child prodigy, who had completed her PhD degree in physics from MIT and started a work to develop a nanotechnology circuit at the prestige Google institute. At the age of 20, she had been awarded numerous awards for her intellectual achievements, including a noble prize in physics. Soon after that she had established a company with a name of “Nano-KB-Technology, Inc.” Which was working for the development of Nano-Circuits that could be capable of performing a huge number of calculations and other computer enabled tasks with a size of less than a single square inch. Initially the project was looking attractive, but it will require a very large period of time to bring it to the market. Originally the company was founded out of the funds of Karen’s trust, but with the passage of time it was difficult for her to fund the ongoing projects individually, therefore she had tapped local venture capital sources to finance the second and third phases of the project and decided to take the company public to raise further cash to buy them out and to further fund the operations.
Identify the economic agents or “actors” and their potential motivations?
The major economic actors in this case include Karen Burrows and the other industry players like Samsung, Sony, General electric and the Venture Capital Firms. Karen was a young and energetic lady with a huge knowledge in the field of physics and applied sciences, although she had a well settled life with a handsome husband, but she wanted to invent something new that could change the world for the better. So the potential motive for her is her enthusiasm for the application of her knowledge to give something better to the world and make it a better place to live. However, there were some other indirect factors as well, as she knew that her invention would change the perceptions of the people and would give the investors a new opportunity to
Student Name
School Name
Karen Burrows was a child prodigy, who had completed her PhD degree in physics from MIT and started a work to develop a nanotechnology circuit at the prestige Google institute. At the age of 20, she had been awarded numerous awards for her intellectual achievements, including a noble prize in physics. Soon after that she had established a company with a name of “Nano-KB-Technology, Inc.” Which was working for the development of Nano-Circuits that could be capable of performing a huge number of calculations and other computer enabled tasks with a size of less than a single square inch. Initially the project was looking attractive, but it will require a very large period of time to bring it to the market. Originally the company was founded out of the funds of Karen’s trust, but with the passage of time it was difficult for her to fund the ongoing projects individually, therefore she had tapped local venture capital sources to finance the second and third phases of the project and decided to take the company public to raise further cash to buy them out and to further fund the operations.
Identify the economic agents or “actors” and their potential motivations?
The major economic actors in this case include Karen Burrows and the other industry players like Samsung, Sony, General electric and the Venture Capital Firms. Karen was a young and energetic lady with a huge knowledge in the field of physics and applied sciences, although she had a well settled life with a handsome husband, but she wanted to invent something new that could change the world for the better. So the potential motive for her is her enthusiasm for the application of her knowledge to give something better to the world and make it a better place to live. However, there were some other indirect factors as well, as she knew that her invention would change the perceptions of the people and would give the investors a new opportunity to