The Age Of Enlightenment An Elusive Dream Of Perfection

The moment I close my eyes, I become exactly who I want to be. In my mind’s eye, everything is how it should be. I can shut out a stormy day and see sunshine. In the midst of a final examination, I can close my eyes and I have already begun my summer vacation. Sadly as I once again enter the realm of veracity with the opening of my eyes, the weight of the world is once again felt on my shoulders. I look around and I see filth and garbage coexisting with beauty and radiance; lies and deceit in the same sphere as honesty and integrity. The worst of mankind is horrid; the best is something to be idolized. One might say to one self, â€Å"If I but eliminate the depraved, I would only see, hear and do virtuous things.† Reasonably, this statement just makes sense! During the Age of Enlightenment or reason there was an elusive dream of perfection; a perfect person or a perfect society where all was peaceful and all was right. Beginning to once again think for themselves, we see in written literature the illusion of this greatness. Throwing off the dogma’s of religion, writers began to explore the imagination, delving deeper into the unconscious and quick frankly coming up with some fascinating thoughts. After hundreds of years of controlled thinking through ecclesiastical powers, the mind was now free to roam. Envisioned and engrained on many minds was the image of Sir Thomas Mores â€Å"Utopia†, a paradise beyond compare. Many, through their works tried to give their readers, if evenShow MoreRelatedAlchemist Answer Key2085 Words   |  9 Pagesthe merchant? Coelho chose crystal merchant because he wanted to showcase the different paths a person may chose in life. Whereas Santiago feels eager to pursue his Personal Legend and get to Egypt, the crystal merchant fears pursuing his own dream to make a pilgrimage to Mecca because he worries he will have nothing to live for afterward. 9) The Englishman and his goals are described in the novel. What is he looking for? What does he demonstrate to Santiago that the Englishman alreadyRead MoreOrganisational Theory230255 Words   |  922 Pages. 56 Chapter 2 Modernist organization theory: back to the future? Modernist organization theory in context What is modernism? The way the term modernism is used in different contexts is sometimes concrete and definite and sometimes elusive and contradictory. As we shall see as the chapter develops, modernism is sometimes used as a term to describe a world of order and rationality that is at the same time challenging and exciting. At other times, it is used to describe a world that isRead MoreStrategic Marketing Management337596 Words   |  1351 Pagesand frankly astonishing, confession that he is having serious doubts about its continuing efficacy. Hooley and Saunders (1993, p. 3), however, have pursued a rather different line of argument, suggesting instead that the marketing concept has come of age in that, whereas even 10 years ago, many senior managers did not really understand marketing, 24 S T R AT E G I C M A R K E T I N G M A N A G E M E N T there appears now to be a far deeper and wider appreciation of the concept and of the benefitsRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pagesresearchers aim to show the partisan nature of accounting and its role in sustaining and perpetuating this schism. As such, radical 50 BAXTER AND FONG CHUA researchers hope that their research will assist broad-scale transformation and enlightenment, enabling the formation of more just and fair organizations and societies (Laughlin 1987). This transformative mandate creates distinctive accounts of management accounting practice, marked by a preparedness to highlight, rather than marginalize

Film Analysis Of The Film The Shawshank Redemption

Liam The 1994 film â€Å"The Shawshank Redemption† directed by Frank Darabont is about a banker named Andy Dufresne who is falsely accused and sentenced to life in prison at Shawshank for the murder of his wife and her lover. This is where he meets Red, a man who is also serving a life sentence, has been in Shawshank for quite some time and is known as â€Å"a man who knows how to get things†. The meeting of these two characters produced many significant moments and scenes, but there is one that I found to be particularly important and that is the final scene. In the final scene after Andy escapes from prison and Red is released, Red is seen walking down a beach and finds Andy repairing a boat. They then exchange big cheerful smiles and walk to†¦show more content†¦Ã¢â‚¬Å"Remember Red, hope is a good thing, maybe the best of things, and no good thing ever dies.† These quotes and ideas were used by Darabont to deliver a message to viewers that we should al ways have hope and never give up on our dreams even if they seem impossible or out of reach. Camera angles helped and played a major role in order for the purpose of this scene to be effectively shown. In the scene, Red carved the words â€Å"so was Red† after the words â€Å"Brooks was here† in the room where Brooks hanged himself. Darabont used a low camera angle that showed the carved writing to show that this was where Brooks had taken his life because he had nothing to keep him going. Brooks was â€Å"institutionalised† and couldn’t deal with living outside of the walls without people keeping him in line. This is shown also when Brooks asks his manager if he can go to the toilet just like he would in Shawshank even though he didn’t have to ask before going. However, unlike Brooks, Red survived because he had hope which had kept him alive longer than Brooks outside the prison walls. This is why we all have to have hope in our lives to keep us motivated towards our goals. Hope will also keep us alive as it shows that it kept Red alive. Non diegetic music is used to effectively create the sense of love and loyalty between the Andy and Red. Darabont used this at the end of the scene whenShow MoreRelatedFilm Analysis Of The Shawshank Redemption1696 Words   |  7 PagesIntroduction: Shawshank Redemption is directed by Frank Darabot, published in 1995 Australia. The film focusses on the theme of forgiveness and escape. It follows an unusual friendship between Andy and Red set in a 1930’s American prison. The main focal scenes explored include: Brooks suicide and Tommy’s death. The film is to be narrated by Morgen Freeman (Red), it shows the 20 year period of Andy’s imprisonment. As a part of the analysis emphases on the scenes as it introduces the audience to theRead MoreFilm Analysis: Shawshank Redemption766 Words   |  3 PagesIn the movie, Shawshank Redemption, the narrator of the movie named Red recounts how he planned and carried out his wife’s murder by disabling her brakes, which accidentally killed a neighbor and child. He earned a life sentence at the Shawshank Prison. Red also remembers the arrival of an inmate named Andy Dufresne, Andy was sent to Shawshank for life for the cold-blooded murder of his wife, Linda, and her lover. Despite the evidence placing him at the scene of the crime on the night of the murdersRead MoreShawshank Redemption Film Techniques Analysis Essay1042 Words   |  5 Pages In the film The Shawshank Redemption, directed by Frank Darabont the purpose of the beginning sequence is to introduce us to Andy Dufresne and his situation; being accused of the murder of his wife and her lover. This sequence uses lighting, music, sound and camera work to show us Andy’s struggle. A production aspect that shows us this idea is lighting. Low Key Lighting is used in the scene when we see Andy in his car drinking bourbon and loading his hand gun. Low Key Lighting is when the lightingRead MoreAn Analysis of Stephen Kings Novella Rita Hayworth and the Film The Shawshank Redemption914 Words   |  4 PagesShawshank Redemption Courage can be found and proved in any setting, even a prison. Stephen Kings novella Rita Hayworth and the Shawshank Redemption is about a man named Andy Dufresne who is arrested, tried, and convicted for the double homicide of his wife and her lover despite the fact that he is innocent. Throughout the story Andy is subjected to abuse after abuse. First he is wrongfully imprisoned. Then he is used by the prison guards and the warden for his financial and business acumen. HeRead MoreShaw Shank Redemption1162 Words   |  5 PagesA Critique of the Shaw shank Redemption Evil spreads around the world. It makes people do bad things to each other so it creates dangerous environment. Therefore people makes place which is called prison to punish these bad people. The persons who live in prison are called inmates. Most of inmates who are dangerous and guilty spend many years in prison because of crimes they did in the past. In the USA, there are many prisons because it has hugs population. In this paper, it will be mentioned ShwshankRead MoreRita Hayworth And The Shawshank Redemption Analysis1362 Words   |  6 PagesClose Comparative Analysis Of Stephen King’s Rita Hayworth and the Shawshank Redemption and Frank Darabont’s The Shawshank Redemption When comparing the ending of Stephen King’s novella, Rita Hayworth and the Shawshank Redemption with the ending of the 1994 film adaptation by Frank Darabont, The Shawshank Redemption, there are key differences. These include additions, removals and slight changes in the narrative which arguably make the storyline better suited to the completely different mediumRead MoreAnalysis Of The Shawshank Redemption By Frank Darabont1116 Words   |  5 Pages 2015 Evaluative Analysis: The Shawshank Redemption When it comes to movies, I am not exactly what you could consider well-versed. Had it not been for several close friends of mine, I would have never even seen blockbuster hits such as Harry Potter, The Lord of the Rings, or Back to the Future. The reason for this is not because I dislike watching movies, but rather due to the restrictive nature of my parents. Thus, I have not had the privilege to enjoy The Shawshank Redemption, Frank Darabont’sRead MoreAnalyzing the Shawshank Redemption3132 Words   |  13 PagesAnalyzing Shawshank Redemption Crystal Gayle Frapp January 31, 2014 Analyzing Shawshank Redemption The film that will be analyzed and discussed is the Shawshank Redemption, which was Director by Frank Darabont and is a Story by Stephen King. It is based in 1946, a man named Andy Dufresne (Tim Robbins) is convicted of killing his wife and her lover, and him going to prison and dealing with the struggles of prison life as a truly innocent man. . â€Å"Hes sentenced to a life term at the Shawshank StateRead MoreThe Shawshank Redemption3009 Words   |  13 PagesThe Shawshank Redemption ENG 225 Sarah Carson May 7, 2012 The Shawshank Redemption The Shawshank Redemption (1994) was a remarkable motion picture inspired by Stephen King and Directed by Frank Darabont. It was not a big budget movie with a lot of special effects rather it was a story about two convicts Ellis Boyd Red Redding (Morgan Freeman), Andy Dufresne (Tim Robbins), and Samuel Norton (Bob Gunton), the self-righteous, Bible-carrying Warden (Filmsite, 2012) that vowed they’d neverRead MoreFinal Film Critique Essay2458 Words   |  10 PagesFinal Film Critique Richard Hogan ENG 225: Introduction to Film October 25, 2011 Final Film Critique Introduction The movie, The Shawshank Redemption (1994), is based on a character Andy Dufresne. Andy is a young and successful banker who is sent to Shawshank Prison for murdering his wife and her secret lover. His life is changed drastically upon being convicted and being sent to prison. He is sent to prison to serve a life term. Over the 20-years in prison, Andy retains optimism

The authors explore the question of bankruptcy in public companies Free Essays

The authors explore the question of bankruptcy in public companies, trying to come up with ways of predicting the looming bankruptcy. Pointing to the growing scale of this harmful phenomenon with a greater number of larger companies going bankrupt, Chuvakhin Gertmenian are trying to present businessmen with a framework for analysing the performance of business companies so as to receive indication of their problems before they are forced into bankruptcy. To arrive at this understanding, they utilise Z-score model constructed by Edward Altman in 1968. We will write a custom essay sample on The authors explore the question of bankruptcy in public companies or any similar topic only for you Order Now The attempts to arrive at a ratio that could serve as a bona fide predictor of the upcoming bankruptcies have been undertaken for years, including a study by William Beaver. The critical breakthrough came when Edward Altman â€Å"built a comprehensive, statistical model using a technique called multiple discriminant analysis (MDA)† (Chuvakhin Gertmenian, n.d.). The model relies on the combination of five different ratios that can later be summarised into a so-called Z-score. Altman indicated that a company with a Z-score above 2.675 could be considered solvent, that with a score under 1.81 was liable to go bankrupt, and companies with Z-scores in the range of 1.81-2.675 fell into â€Å"gray area† or â€Å"ignorance zone†, which meant that they could escape bankruptcy, but with difficulty. The legal issue explored in the articles refers to companies that forge numbers in their books, deceiving investors, as in the case of Enron and WorldCom. The authors ask: Is it possible to predict bankruptcy if the company’s management is cooking the books? Their answer is yes since the Z-score model would avoid these accounting irregularities. For example, in the case of WorldCom that overstated both assets and earnings, the combination of ratios used by the model would overlook it, since a rise in earning would increase the first three ratios, but a rise in assets would decrease the last two, with the impact offsetting each other. The model outlined in the article is of great value to managers of different companies. From the managerial perspective, it is extremely important which of the firm’s customers are likely to go bankrupt. If the bankruptcy of a large client comes a like a bolt of lightning, totally sudden and unanticipated, the firm can end with a large amount of bad debt in its accounts receivable account. In 2001 alone, bankruptcy affected 257 public companies with combined assets of $256 billion (Chuvakhin Gertmenian, n.d.). In the light of this fact, effective methods for bankruptcy prediction become a serious concern for managers. How to cite The authors explore the question of bankruptcy in public companies, Papers

Management Skills and Entrepreneurship Business Activity

Question: Describe about theManagement Skills and Entrepreneurship for Business Activity?. Answer: Introduction To set up a new business, there should be opportunity in the market to continue the business activity. For example, there should be proper demand for the produced goods and services; proper infrastructure and support from the society as a whole. Resources are an essential part of the business, as without sufficient capital a business cannot be established. Along with capital, human resource is a major component of a business. The entrepreneur forms a team to give a shape to the business. Entrepreneurship creates value and in this process, the persons go after possibilities and opportunities that are relatively exposed to risks (Timmons, and Spinelli 2013). Proper approach of entrepreneurship can create potential high rewards. The risk associated with the entrepreneurship of a new business is that the targeted customer according to the expectation does not recognize the value created. This leads to face financial and other difficulties of the entrepreneurial team. In contrast, if the target customers recognize the value then the entrepreneurship attains higher level of success. The process of value creation is mostly opportunity motivated. The approach of entrepreneur is led by entrepreneur and entrepreneurial team follows the entrepreneur (Hammad 2013). The success of the entrepreneurial approach depends on the creativeness and it is constraint due to limitation of resource. To enhance the possibility of success, Timmons Model can be adopted for continuation of a business model. This model is one of the most recognized models for developing a new business. This paper will focus on analyzing the three components for a successful new business. It will provide evidence from academic literature to understand the topic. Further, the paper will explain the types and need for resources; and how these are used. It will critically discuss whether the start-up has sufficient resources or not, in order to analyze the resources allow the entrepreneur to take full advantage from the opportunity available. Literature Review Critical Analysis According to the Timmons model, the process of entrepreneurial does not start with business plan; team; strategy or money. He emphasizes on three underlying forces behind a successful business, that are, opportunity; entrepreneur and resources. By maintaining this framework, risk can be minimized. This model emphasizes on the role of opportunity as a driving force of the entrepreneurship. Opportunity is crucial than knowledge or talent of the lead entrepreneur and team, as only opportunity can ensure log-term success of the firm (Moroz and Hindle 2012). Timmons Model starts with opportunity that is contrast to any traditional models starting with business plan. Opportunity refers to idea to create value to a business venture. It has been opined by many scholars that an excellent idea cannot bring success to the company. An idea is recognized to be successful when the product is positioned in the market; remain attractive; durable and has created value (Foss, Lyngsie and Zahra 2013). As the model starts with identifying the opportunity, it is good only if the market demand is satisfactory. The opportunity is given high priority as it has capability of receiving financial resources and a good opportunity can stable the business plan. The opportunity must be attractive; timely an d durable. Timmons model then emphasizes on entrepreneurship. Entrepreneurship approach cannot be successful without proper leadership. The leader has significant impact on success, as his commitment and eagerness is the key driver of the success of the business (Leyden and Link 2015). Most of the individual do not prefer to engage in entrepreneurship because of the risk involvement in creating the value. Many academics focused on the solving the risk and lack of proper framework for the entrepreneurship. Timmons started to spread entrepreneurship across the world through his framework. The leader manages the resources in an efficient manner by cooperating with exogenous forces and the constantly changing capital market. The role of entrepreneur is difficult, as they have to identify the opportunity first; utilizes proper resources and makes a team to control the functioning of the business. They focus on understanding the utilizing of opportunity in order to create value. Entrepren eur is the centre of new venture creation process (Kuratko 2016). The entrepreneur is one who identifies the opportunity and selects an effective team. The role of team is also essential, as the tem removes the ambiguity or uncertainty of prospects in the market by its creativeness. An A graded team has more successful idea than the B graded team. Therefore, it can be said that the idea with high potential is not is not enough if it is not executed properly by a team. A bad team can demolish the value of excellent idea (Hui-Chen, Kuen-Hung and Chen-Yi 2014). First rated idea cannot be successful through second-rated management team. Moreover, the size of the team depends on size of the venture. The lead entrepreneur must have abilities of learning new things and teaching the members of the team. He or she must be able to deal with any kind of adverse situation. The leader must be flexible and must show integrity and honesty. However, the team also should possess some qualities to as sist the entrepreneurial aspects; like, tolerance to risk and uncertainty; determination; creativity and motivation. The entrepreneur gather best talent and form a best team, which unlock the high potential out of any opportunity (Sullivan and Meek 2012). The final element of this model is the resources. Timmons focuses on importance of resources in a business proceeding. The differences in few resources can make huge differences in a business. The major resource that first comes to mind before starting a venture is the financial resources (Vanacker, Collewaert and Paeleman 2013). However, this model considers, entrepreneurs and opportunities are crucial resource to start a business. Moreover, the capital resources follow the high prospective opportunities and strong team. By paying attention in maximizing the value of shareholders; liquidity and capital efficiency etc, the resources can be controlled properly. At the initial period of launching, the resource is used at a minimum le vel. The framework of Timmons encourages utilizing available resources through creativity. This helps to bring the market price at lower level. The amount of resource is dependent on the opportunity size of the firm. This model is focused on minimize and control approach (Nordqvist, Wennberg and Hellerstedt 2013). There are many more models of entrepreneurship, apart from Timmons Model, where there are several elements are considered in addition to the elements discussed in the Timmons model. Implementation and growth of the business are some elements of success of a business. Moreover, environmental and social factors and personal factors give rise to a new business. Moores model of entrepreneurial process focuses on innovation; implementation of innovative ideas and growth of the business (Mihalache et al. 2014). Therefore, it can be said that the model of Timmons missed out the social perspective of the entrepreneurship. It only focuses on personal thoughts and market opportunities and ignored the possibility of environmental and social factors that accelerate the new ideas and change. Entrepreneurial process also involves evaluation and identification of opportunity; decision about exploiting the innovative ideas; putting effort for arranging and obtaining particular resources and developi ng strategy to execute new business venture. According to the Shanes Model, people who discover opportunities have better access of information about those particular opportunities. Moreover, it is believed that, those people also have past experience of life; better social surrounding. According to this theory, entrepreneurial opportunities depend on psychological and demographical factors along with the environmental factors (Koltz et al. 2014). These elements lead to innovation and utilization of scopes and implementing the strategy formulated for the organization. The Timmons model focuses on balances all activities to make a business successful. In contrast, Shanes model states that opportunities emerge from individual and environmental factor to exploit opportunity and execute the business in a successful manner (Chell 2013). The major weak point of the Timmons framework was that, it stated resources should be in place while establishing a new business, especially in terms of cash. Moreover, he also focused on complete balance between the activities of the model and all activities should be given equal importance. Many have opined that even if the emphasis is given on each activity, it is impossible for the business to have finances. Therefore, there is an imbalance between all opportunities in the beginning of a new venture (Chandra, Styles and Wilkinson 2012). Hence, the Timmons model put less emphasis on initial investment. The less focus on resource is the reason behind the imbalances in the process of entrepreneurial process. According to the Timmons model, the entrepreneurial team drives the start-up and growth of a new business. He also connects the opportunity and resources with team. However, since there are imbalances or less emphasis in terms of resources and lack of opportunity, it also affect s the performance of the entrepreneurial team. According to the Adams and Stephen (2012), less emphasis on other element leads to weakening of the team that in turn affects the overall business plan and the execution of the new venture. Therefore, many scholars criticize the concept of dependency of the elements of Timmons model. The Timmons framework highly focused on being creative and finding business opportunity. Critiques have pointed out that this is a weak point of this model. This is because, entrepreneurs may waste too much time on finding the best idea to start the business. They have opined that this is a misconception that the idea should be unique to establish an successful business. One idea of an entrepreneur can be used by other entrepreneurs (Renko et al. 2015). The waste of time is a big issue; because, every day 80% of business plans are rejected and only one or two of them attracts the investors and funded by them. Therefore, searching for unique ideas will get them nowhere in the competition. Therefore, it can be argued that, finding opportunity is not a major element of entrepreneurial process, unlike the framework of Timmons model. However, proponent of Timmons model also states that, many entrepreneurs compete to have all resources before starting new venture, which is practically not possible (Hammad 2014). Therefore, having adequate resources is enough to start-up a new business. It discounts the concept of having all resources and encourages starting business with bare minimal requirements in order to attain competitive advantage. The advantage of this approach is that it instills leanness and discipline in the organization. Further, it also persuades creative resources in order to achieve more success in the business with limited money and other accessible resources (Dunkelberg et al. 2013). Timmons opined that instead of buying all the equipments to start a business, it is better to take lease. This model is appreciated because; resources may remain scarce, but through good management team and potential opportunity the organization can attract finances and other resources. Conclusion The paper emphasizes on explaining the entrepreneurial process of an organization. It has discussed about the Timmons model, which puts emphasizes on the elements like, opportunity; team and resources. According this model, the role of opportunity of a business is crucial in the way of a businesss success. Innovative idea for business is the key to success, according to this model. Without proper opportunity or idea, business venture cannot be started. Then the model prioritizes the entrepreneurship. It states that without good management it is not possible to implement an excellent idea. Entrepreneurs have high risk associated with the success of the business. In addition to this, the model of Timmons recognizes the role of resources in a business. It has been opined that a business venture can be started with adequate resources and after a while, the firm will own all the resources. However, even if it does not have resources, opportunity and teamwork will attract investors for fin ancing. However, the paper has reviewed the literature on Timmons Model and compared this model with two other models, such as, Moores Model and Shanes Model. The paper has also critically pointed out the drawbacks of this model like, wasting time on finding opportunities; less emphasis on initial investment. However, the positive aspects of this paper have also been discussed. It can be concluded that the Timmons model has ignored many important factors or elements behind the success of a business. References Adam and Stephen (2012), `New Venture Creation: Entrepreneurship for the 21st Century', NewYork. McGraw Hill. Pp. 88-95 [Online] Available at: https://agora.unimet.edu.ve/docs/466/Detecci%F3n%20de%20una%20oportunidad/Modelo%20de%20Timmons/Modelo%20de%20Timmons.pdf[Accessed: 13 June, 2016] Chandra, Y., Styles, C. and Wilkinson, I.F., 2012. An opportunity-based view of rapid internationalization.Journal of International Marketing,20(1), pp.74-102. Chell, E., 2013. Review of skill and the entrepreneurial process.International Journal of Entrepreneurial Behavior Research,19(1), pp.6-31. Dunkelberg, W., Moore, C., Scott, J. and Stull, W., 2013. Do entrepreneurial goals matter? Resource allocation in new owner-managed firms.Journal of Business Venturing,28(2), pp.225-240. Edgley, A., Stickley, T., Timmons, S. and Meal, A., 2014. Critical realist review: exploring the real, beyond the empirical.Journal of Further and Higher Education, pp.1-15. Foss, N.J., Lyngsie, J. and Zahra, S.A., 2013. The role of external knowledge sources and organizational design in the process of opportunity exploitation.Strategic Management Journal,34(12), pp.1453-1471. Hammad, A., 2013. An analysis of Timmons' model for entrepreneurial process. Hammad, A., 2014. Analysis of Timmon's Model for Entrepreneurial Process: A Critical Examination.Available at SSRN. Hui-Chen, C., Kuen-Hung, T. and Chen-Yi, P., 2014. The entrepreneurial process: an integrated model.International Entrepreneurship and Management Journal,10(4), pp.727-745. Klotz, A.C., Hmieleski, K.M., Bradley, B.H. and Busenitz, L.W., 2014. New venture teams a review of the literature and roadmap for future research.Journal of Management,40(1), pp.226-255. Kuratko, D., 2016.Entrepreneurship: Theory, process, and practice. Cengage Learning. Leyden, D.P. and Link, A.N., 2015. Toward a theory of the entrepreneurial process.Small Business Economics,44(3), pp.475-484. Mihalache, O.R., Jansen, J.J., Van den Bosch, F.A. and Volberda, H.W., 2014. Top management team shared leadership and organizational ambidexterity: A moderated mediation framework.Strategic Entrepreneurship Journal,8(2), pp.128-148. Moroz, P.W. and Hindle, K., 2012. Entrepreneurship as a process: Toward harmonizing multiple perspectives.Entrepreneurship Theory and Practice,36(4), pp.781-818. Nordqvist, M., Wennberg, K. and Hellerstedt, K., 2013. An entrepreneurial process perspective on succession in family firms.Small Business Economics,40(4), pp.1087-1122. Renko, M., El Tarabishy, A., Carsrud, A.L. and Brnnback, M., 2015. Understanding and measuring entrepreneurial leadership style.Journal of Small Business Management,53(1), pp.54-74. Sullivan, D.M. and Meek, W.R., 2012. Gender and entrepreneurship: a review and process model.Journal of Managerial Psychology,27(5), pp.428-458. Timmons, J. and Spinelli Jr, S., 2013. Timmons Model of the Entrepreneurial Process. Vanacker, T., Collewaert, V. and Paeleman, I., 2013. The relationship between slack resources and the performance of entrepreneurial firms: The role of venture capital and angel investors.Journal of Management Studies,50(6), pp.1070-1096.