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In the innovation and triggering event stages of the startup process model (see Figure 2.3) in the text, which of the following personal characteristics are needed by the small business owner?
Elite Theory
A theory in sociology and political science that suggests societies are divided between a small ruling elite and the masses, with the elite exercising significant power over resources and decision-making.
Sociologists
Researchers who analyze the social phenomena, interactions, and structures within human groups and societies.
Political Power
Refers to the ability or authority to influence people's behavior or the course of events, often within the context of governance and policy-making.
Regional Dynamic
The evolving economic, social, and political processes that influence the development and character of a specific geographic region.
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