Sunday, August 11, 2019
Innovative business Research Proposal Example | Topics and Well Written Essays - 750 words
Innovative business - Research Proposal Example This research topic is important in motivating communities not to rely on normal day-to-day transactions but to stimulate specific innovation opportunities in the society. Creation of wealth from innovation in technology management encompasses a number of perspectives that include generation of revenues, profits, returns on investment, return on equity, and return on assets. Wealth creation may also constitute earnings before interest, taxes, depreciation, and amortization. In this project, I will study how wealth creation in these varied contexts depends on the intended needs to innovation and even government legislations and controls with regards to technology management. This is in consideration of the fact that revenues may have been generated and yet, on the other hand, loses having come to play considering the costs incurred. This research seeks to establish that net cash flow in managing technology remains the innovation basis of wealth creation. However, this can only be relevant in the long run, since positive cash flows may be generated in the short run and negative cash flows that offset the gains in the long run. Thus, for an innovation to be termed to have created wealth there must be positive real net cash flow in the long run, probably per year as the ideal financial period. Positive real net cash flow in this case entails products of revenues and profit margins being more than sum of investments and fixed costs. The research will engage cash flow estimation and tracking by individuals and organization that commit their energy, time, and resources to technology innovation. Cash flow tracking and estimation in this case includes buyer adoption of cash flow after introduction into the field for application. Once this has ascertained that there would surely be positive real net cash flow, the technology innovation
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