On the basis of preliminary interview and survey data, evidence suggests that venture capitalists (VCs) are less involved with their affiliated new venture organizations than may be necessary for long term survival. The dual core model of innovation that emphasizes the need of a technical and administrative core for continued innovation is used as the foundation of this perspective. In the post investment relationship between the venture capitalist and the new venture, it is expected that the new venture has a well developed technical core. However, the administrative needs are often ignored by the new venture entrepreneurs. Therefore, it is recommended that VCs become more involved in the administrative component of the new venture organization (NVO) through either direct involvement or through the recruiting of key personnel. As the NVO moves through its life cycle the addition of an administrative component to its technical core provides for continued innovation necessary for long term survival and growth.
<span>Bacon believed that the scientific method proved things to be right or wrong. He set up an approach in believing everything to be false until you prove it to be true which was called inductive .</span>
Daoists were supporters both of magic and of proto-science; they were the element of Chinese culture most interested in the study of and experiments with nature. Some Daoists believed that spirits pervaded nature (both the natural world and the internal world within the human body). Its D
