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Business in Bioresources

  • Yoram KrozerEmail author
Chapter

Abstract

Individuals capable of combining resources into value-added products are known as entrepreneurs. The challenge of an entrepreneur is to ensure that the cost of investments is kept below the income from sales, thus making a profit for their investments that enable continuity of its enterprise. The results of investments are inherently uncertain since expenses are made before the sales in future, and sales are guided by customer demand that is difficult for an individual entrepreneur to influence. Once the investment is made, entrepreneurs are left with little choice but to reduce costs of resources during operations and product prices for sales, which inadvertently put pressures on profits. Business models are used in preparation for those investments, meaning income generating methods. Business strategies and models for bioresources are indicated.

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Copyright information

© Springer Nature Switzerland AG 2019

Authors and Affiliations

  1. 1.University of Twente - CSTM, Enschede and Sustainable Innovations AcademyAmsterdamThe Netherlands

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