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HOW DATA-DRIVEN ENTREPRENEUR ANALYZES IMPERFECT INFORMATION FOR BUSINESS OPPORTUNITY EVALUATION

Project Code CB1062
Application Type WEB APP
Tech/Programming PYTHON

API:
NONE
Web Framework:
DJANGO
IDE:
VS CODE
Database:
MYSQL
DFD Diagram:
Not Available
Videos:
Not Available
E-R Diagram:
Not Available
UML Diagrams:
Available
Final PPT:
Available
SRS:
Available

Description

High market uncertainty impedes an entrepreneur’s Ability to evaluate the state of the market for a business opportunity. For many entrepreneurial ventures, data collection and analysis techniques and technologies are becoming an important source to manage uncertainty. This trend is often referred to as “data driven entrepreneurship. “We consider a dynamic approach using data to overcome market uncertainty for business opportunity related evaluations. In particular, we examine the entrepreneur’s investment portfolio in which each investment generates expected returns and some information about a specific aspect of the market for a single business opportunity. We develop a model that analyzes imperfect market data (e.g., financial, social, regulatory), while factoring in the entrepreneur’s risk preference and operational shortages of resources, routines, reputation, and regulations. Our numerical findings show that, rather than pursuing the highest expected returns, an entrepreneur may choose perfect information, risk hedging, or market-controlling investments based on his/her cash level and risk preference. Hence, the entrepreneur, fueled by the availability of data analysis, could overcome uncertainties and obtain better insights for business opportunity decisions.

Note

Project with Source Code, Documentation and PPT

1st Review PPT:
Available
2nd Review PPT:
Available
3rd Review PPT:
Available
Architecture Diagram:
Available

Literature Survey:
Available
Test Cases:
Not Available
Data Dictionary:
Available
Future Enhancement:
Available

SRS:
Available
All Modules:
Available
Documentation:
Available
Screen Shots:
Available

How to Install Softwares :Not Available
How to Execute Project :Not Available
Project Explanation Video :Not Available

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