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Technology Entrepreneurship by Michael A. Lechter, Robert A. Hisrich, Thomas N. Duening

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Chapter 2. Fundamentals of Economics in a Global Context
After studying this chapter, students should be able to:
▪ Understand the basic factors of every economy
▪ Recognize how price affects supply and demand
▪ Compare economic systems and evaluate entrepreneurial opportunities
▪ Identify barriers to conducting international business
▪ Leverage trading blocs and international trade agreements
Tech Venture Insight

Safety Belt Manufacturer Finds Success in Exporting

Exports are among the few sectors of the U.S. economy having much success these days. More and more companies, especially small- and medium-sized ventures, are looking overseas to bolster their bottom line. Whether they're shipping consumer goods, industrial inputs, services, technology, or ...

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