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Book part
Publication date: 24 August 2021

George Papageorgiou and Alexander N. Ness

Many good sustainability entrepreneurial ideas and projects fail to reach their objectives due to problems with feasibility. This chapter investigates the effectiveness of methods…

Abstract

Many good sustainability entrepreneurial ideas and projects fail to reach their objectives due to problems with feasibility. This chapter investigates the effectiveness of methods used to evaluate the feasibility of entrepreneurial ventures in the context of sustainable urban development. Traditional methods and tools based on cost–benefit analysis could provide some guidance for entrepreneurs and intrapreneurs when evaluating sustainability strategies. Yet, such methods rely on restrictive assumptions, which cast doubt on their suitability for real-world sustainability applications. Traditional methods are far from really enabling entrepreneurs to make informed optimal decisions. New integrated methods are necessary for drawing conclusions vis-a-vis the practicality of entrepreneurial ideas by quantifying and analyzing the benefits and costs of all options in a given scenario. This chapter evaluates the effectiveness of current feasibility study methods and their suitability for sustainable urban planning and development. It surmises that caution is advised concerning their reflection of real-life applications, given the complexity and dynamicity of solving sustainability-related problems. It is shown that such methods can arguably be a useful tool when evaluating the viability of investing in innovation and sustainability if they are enriched with advanced modelling techniques, such as system dynamics and optimization methods. For this purpose, an entrepreneurial venture for promoting sustainable mobility via information and communication technology (ICT) is used as a case study. The proposed integrated ‘Sustainability Entrepreneurship’ approach for evaluating feasibility can prove to be very useful for entrepreneurs when assessing the efficacy of complex sustainable-related ventures.

Details

Entrepreneurship, Institutional Framework and Support Mechanisms in the EU
Type: Book
ISBN: 978-1-83909-982-3

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Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

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Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

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Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

Book part
Publication date: 27 April 2021

Donghun Yoon

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Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

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Unfunded Pension Systems: Ageing and Variance
Type: Book
ISBN: 978-0-44451-732-6

Book part
Publication date: 1 November 2012

Satyadhyan Chickerur and Aswatha Kumar M

In this decade, educators in engineering higher education are at the cross roads. On one side there are people who argue that the traditional courses and teaching methods are…

Abstract

In this decade, educators in engineering higher education are at the cross roads. On one side there are people who argue that the traditional courses and teaching methods are still appropriate, while there are others who believe that the vast technological advancement in information and computing technologies could be harnessed for effective teaching and learning. This chapter presents an approach to develop industry-relevant curricula in engineering higher education that involves project-based learning. It is also shown that the effectiveness of the course can be improved by designing the curriculum using modified Bloom’s taxonomy and using various online tools and technologies. Discussion about various tools introduced and the rationale for using those tools is also covered. The impact of each tool on student learning is also summarized.

Details

Increasing Student Engagement and Retention Using Social Technologies
Type: Book
ISBN: 978-1-78190-239-4

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Book part
Publication date: 11 July 2018

Stavros Arvanitis and Leticia Estevez

The main purpose of this chapter is to define the concept, scope and importance of a feasibility study when developing a new business venture. It also presents the main components…

Abstract

Purpose

The main purpose of this chapter is to define the concept, scope and importance of a feasibility study when developing a new business venture. It also presents the main components of a feasibility study by describing a feasibility study template.

Methodology/approach

A literature review was conducted on conceptual issues and practical aspects of the feasibility analysis and study by presenting a hypothetical case of study of a boutique hotel.

Findings

This chapter highlights the importance of both feasibility analysis and study, and the main reasons why all entrepreneurs should carry them out. It presents a simple template that shows the key components of a feasibility study and also a hypothetical case of study of a boutique hotel that helps in relating the concepts and ideas previously developed.

Practical implications

This chapter introduces both theoretical and practical approaches by presenting a model or template on how to develop the feasibility analysis and study. This template can be applied at any stage of assessment process of a business project.

Originality/value

The concept of a feasibility study is accompanied by a practical template and a case study. This approach contributes to a better understanding of the value and utility of feasibility analysis and study in assessing tourism business ventures.

Details

The Emerald Handbook of Entrepreneurship in Tourism, Travel and Hospitality
Type: Book
ISBN: 978-1-78743-529-2

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Preliminary Feasibility for Public Research and Development Projects
Type: Book
ISBN: 978-1-80117-267-7

1 – 10 of over 2000