SkillsBrokerage.net

Skills Brokerage: a Business Model for the Networked Economy

The skills brokerage business model aims to facilitate business start-ups and enhance their chance of survival in the context of the networked economy.

The model is based on the concept of an entrepreneur sharing the venture’s returns or even ownership with a skills broker in exchange for skills. This exchange can significantly reduce barriers in network-oriented and information-driven markets, where skills are of critical importance. It can also significantly alleviate cash flow problems, typical of many new start ups and a main cause of business failure.

The skills brokerage model can either work independently of existing venture creation processes or it can complement them. Either way, it can have profound implications when it comes to establishing new ventures and sustaining them. For implications for entrepreneurs, policy makers, business incubators, venture capitalists and academics please click on the links provided to the right panel.

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