Naslov
Business dynamics simulator for startups, SMEs and new projects

Autori
Sovilj, Siniša ; Aralica, Zoran ; Kunc, Martin ;

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
WBCInno International Conference 2015 Proceedings / Stojanović, Goran ; Mandić, Vesna ; - Novi Sad : WBCInno Consortium, 2015, 141-145

Skup
The International Conference WBCInno 2015

Mjesto i datum
Novi Sad, Srbija, 18.09.2015

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
business simulation ; computer modelling ; entrepreneurship ; scenario analysis

Sažetak
The aim of the paper is to show result of uses of the Business Dynamics Simulator on the population ofthe sixty students. The simulator helps in: (A) designing 5-years pro-forma financial statements for rapidbusiness plan creation, (B) simulating strategic decisions to improve survival rate and support growth, (C) producing fundamental analysis and company/idea valuation, (D) fostering entrepreneurialeducation, training & research, in risk-free, enjoyable, realistic and interactive simulation environment.The usability of Business Dynamics Simulator is tested on 40 students at Vern’ University of AppliedSciences business school in Zagreb and 20 students of Founder Institute-world's largest entrepreneurtraining and startup launch program.The main conclusion is that the use of simulators can improve entrepreneurial cognition by identifyingthe impact of resource bundling and the management of information to realize the opportunities thathave been identified in the processof entrepreneurship.

Izvorni jezik
Engleski

Znanstvena područja
Računarstvo, Ekonomija, Informacijske i komunikacijske znanosti

POVEZANOST RADA