The IndUS Business Journal Publishes Article by North Carolina Innovation Economist
Key Rules Unlock Mystery of Private Capital, describes how local private capital markets work.
Morrisville, NC, November 22, 2007 --(PR.com)-- The IndUS Business Journal, an international business economics publication, published an article by Thomas E. Vass. in the October 1, 2007, issue http://www.indusbusinessjournal.com/
The article, Key Rules Unlock Mystery of Private Capital, describes how local private capital markets work. “Raising capital,” said Vass, “depends on a unique configuration of cultural values and social rules of behavior.” Vass noted that some metro regions have a better success rate of new venture creation because their region has this configuration.
“New product ideas must be discovered by entrepreneurs, and metro regions that create a framework for idea discovery will have a competitive advantage in the future for creating prosperity,” said Vass. The process of idea discovery is called “deal mapping” which combines a mental map for the entrepreneur to find latent investment opportunities within each metro regional economy.
Idea discovery then must be combined with private capital to make an innovation economic growth engine.
“Other countries and economic regions understand the importance of deal mapping technological innovation,” said Vass, “which is one reason why the IndUS Business Journal is so interested in this concept.”
Vass is the President of The Private Capital Market, and an investment advisor to MyOwnFund.com, an online investment management company.
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The article, Key Rules Unlock Mystery of Private Capital, describes how local private capital markets work. “Raising capital,” said Vass, “depends on a unique configuration of cultural values and social rules of behavior.” Vass noted that some metro regions have a better success rate of new venture creation because their region has this configuration.
“New product ideas must be discovered by entrepreneurs, and metro regions that create a framework for idea discovery will have a competitive advantage in the future for creating prosperity,” said Vass. The process of idea discovery is called “deal mapping” which combines a mental map for the entrepreneur to find latent investment opportunities within each metro regional economy.
Idea discovery then must be combined with private capital to make an innovation economic growth engine.
“Other countries and economic regions understand the importance of deal mapping technological innovation,” said Vass, “which is one reason why the IndUS Business Journal is so interested in this concept.”
Vass is the President of The Private Capital Market, and an investment advisor to MyOwnFund.com, an online investment management company.
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Contact
The Private Capital Market, Inc.
Thomas Vass
919 975 4856
www.privatecapitalmarket.com
Thomas Vass
919 975 4856
www.privatecapitalmarket.com
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