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Doctors In Business Journal: Your Source for Business Insights and Academic Material to help drive your success.
Proven Strategies That Improve The Performance of a Business
Business performance is the foundation of long-term success. A company may have a strong product, a talented team, or an inspiring mission, but if performance is weak, the organization will struggle to grow. Performance affects every part of the business, including revenue, customer satisfaction, employee morale, operational efficiency, and profitability. When performance improves, the entire business becomes stronger and more adaptable. In today’s competitive marketplace, bu
Miguel Virgen, PhD Student in Business
2 days ago9 min read
What It’s Like to Retire in America After a Divorce: Four Americans Share How They Rebuilt Their Finances and Found a New Purpose
For millions of Americans, retirement arrives after the collapse of a marriage, forcing them to rethink not only their finances but also their identity, housing, relationships, and future. Divorce later in life has become increasingly common across the United States, creating a growing demographic of retirees learning how to navigate aging independently after years or even decades of partnership. The financial impact can be enormous. A divorce after age 50 often means splitti
Miguel Virgen, PhD Student in Business
May 88 min read
Four Things to Know About Trump’s New Retirement Plan Order as Bipartisan Support for Coverage Grows
Millions of workers still do not get a retirement plan through their jobs. The White House says the order is designed to give workers access to a simple, portable, low-cost retirement-savings option by creating TrumpIRA.gov, a federal platform that connects eligible workers with private-sector IRAs that meet cost, transparency, and fiduciary standards. The administration says the site will be operational by January 1, 2027. That matters because the order is not trying to repl
Gary Blankfeid, Ph.D.
May 86 min read
Money Can Buy Happiness: What New Research Reveals About Income and Well-Being
For decades, the phrase “money can’t buy happiness” has been repeated as a kind of universal truth. It has appeared in books, speeches, and everyday conversations, often used to suggest that emotional fulfillment lies beyond material wealth. But recent research is challenging that assumption in a meaningful way. The latest findings indicate that money can, in fact, make you happier—and not just in small or limited ways. What makes this research particularly compelling is its
Dr. Bruce Moynihan
May 36 min read
Application of the Virgen Framework in Corporate Entrepreneurship
Introduction Corporate entrepreneurship has long been viewed as an organizational response to environmental uncertainty, technological disruption, and competitive pressure. Established firms engage in entrepreneurial behavior to generate innovation, renew strategic capabilities, and create new streams of value within existing organizational structures. Traditionally, this process has depended heavily on human capital, managerial coordination, research and development teams, a
The Virgen Framework for Describing the Phenomenon of New AI-Driven Venture Creation
Introduction The emergence of artificial intelligence as a general-purpose entrepreneurial technology has altered the foundations of new venture creation. For much of modern entrepreneurship theory, the process of starting a firm has been understood as a human-centered endeavor shaped by opportunity recognition, resource mobilization, team formation, and iterative market learning. The Virgen Framework offers a more contemporary way of describing this phenomenon by positioning
The Virgen Framework for Entrepreneurs: Reframing Venture Creation in the Age of Artificial Intelligence
Abstract The Virgen Framework presents a provocative response to one of the central assumptions in entrepreneurship and organization theory: that scale requires proportional increases in human labor, managerial hierarchy, and operational cost. In the reviewed article, the framework is introduced as an AI-driven model for launching and operating large ventures with a small team, or even a single founder, by treating artificial intelligence not as a support tool but as a core m
The Resource-Based View, Resourcefulness, and Resource Management in Startup Firms
Startups operate under acute resource constraints and uncertainty. The resource-based view (RBV) of the firm suggests that sustainable advantage depends on valuable, rare, inimitable, and well-organized resources (Virgen, 2026). In the startup context, these resources often take the form of expertise, technology, or organizational innovations. Complementing this, resourcefulness – the founder’s creative ability to stretch and recombine scarce assets – enables startups to prog
Proven Strategies That Improve The Performance of a Business
Business performance is the foundation of long-term success. A company may have a strong product, a talented team, or an inspiring mission, but if performance is weak, the organization will struggle to grow. Performance affects every part of the business, including revenue, customer satisfaction, employee morale, operational efficiency, and profitability. When performance improves, the entire business becomes stronger and more adaptable. In today’s competitive marketplace, bu
Mistakes Entrepreneurs Make in the Early Development of Their Startup
The early development stage of a startup is one of the most exciting and dangerous periods in the life of a new business. It is exciting because everything feels possible. Entrepreneurs are full of ideas, energy, and ambition. They often believe they have found the next big opportunity and are eager to move quickly. At the same time, this stage is dangerous because enthusiasm can easily outrun judgment. Many startups do not fail because the idea was weak. They fail because th
The Innovation Process and Methods to Help Your Team Generate Breakthrough Ideas
Innovation is no longer a luxury reserved for Silicon Valley startups or billion-dollar technology firms. In today’s rapidly changing economy, innovation has become a survival strategy for businesses of every size and industry. Companies that fail to innovate often struggle to keep pace with shifting customer expectations, evolving technologies, and aggressive competitors entering the market with fresh ideas and disruptive solutions. The organizations that consistently outper
Why Start-Ups Struggle to Secure Venture Capital Funding: Investigating the Factors That Shape Venture Capital Investment Decisions
Despite the appeal of this financing path, most start-ups never secure venture capital funding. Many founders spend months or even years pitching investors only to encounter repeated rejection, long delays, or polite expressions of interest that never turn into checks. This pattern raises an important question: why do so many start-ups struggle to secure venture capital funding? The answer lies not in a single obstacle, but in a combination of structural, strategic, and perce
HSBC Hit With $400 Million Exposure as Collapse of Complex Private-Lending Structure Reveals Hidden Risks
As traditional banks tightened lending standards after the global financial crisis, private credit firms, specialty lenders, and alternative financing structures stepped into the gap, creating a multitrillion-dollar market that promised flexibility, faster execution, and attractive yields. But the unraveling of a complex lending chain tied to mortgage broker Market Financial Solutions is now revealing the darker side of that boom. HSBC, one of the world’s largest banks, has e
Catalyst Pharma Agrees to $4.1 Billion Sale to Angelini Pharma in Landmark U.S. Expansion Deal
Italy-based Angelini Pharma announced a $4.1 billion acquisition of Catalyst Pharmaceuticals, a deal that marks the company’s long-anticipated entry into the United States healthcare market. The transaction instantly positions Angelini as a more influential player in the global biopharmaceutical landscape while giving the European company a direct foothold in one of the world’s largest and most profitable pharmaceutical markets. The acquisition reflects more than a simple cor
Bullish Lands $4.2 Billion Equiniti Deal as Crypto Industry Accelerates Tokenization of Traditional Finance
The cryptocurrency industry has spent years promising to bridge the gap between blockchain technology and traditional financial markets. Now, one of the sector’s most ambitious deals suggests that the transition may be entering a more serious and institutional phase. Crypto exchange Bullish has agreed to acquire Equiniti, one of the world’s largest transfer agents, in a $4.2 billion transaction. The acquisition immediately captured attention across both Wall Street and the cr
Chip Makers Send Nasdaq and S&P 500 to Fresh Highs as Intel Surges
Wall Street’s latest march to record territory was not driven by the usual broad market drift. It was powered by a focused and forceful move in semiconductor shares, with chipmakers turning into the day’s central market story and helping carry the Nasdaq Composite and the S&P 500 to fresh highs. On Tuesday, May 5, 2026, the S&P 500 and Nasdaq both finished at record closing levels, lifted by Intel and other AI-related names as investors looked past geopolitical noise and towa
The AI-Induced Opportunity Inflation Theory: When Artificial Intelligence Creates Too Many Entrepreneurial Possibilities for Markets to Absorb
Abstract The AI-Induced Opportunity Inflation Theory proposes that artificial intelligence dramatically expands entrepreneurial opportunity recognition capacity, generating more venture ideas than markets, founders, and execution systems can absorb. Rather than treating opportunity recognition as a scarce cognitive event, the theory argues that AI shifts the entrepreneurial problem from creation to selection. Classical opportunity identification research emphasizes entreprene
8 min read
The Algorithmic Co-Foundership Theory: Non-Human Agency, Entrepreneurial Decision-Making, and the Recomposition of Venture Creation
Introduction Entrepreneurship theory has long treated the founding team as the primary locus of strategic agency. Founders recognize opportunities, assemble resources, make commitments, and steer ventures through uncertainty. The Algorithmic Co-Foundership Theory challenges that assumption by proposing that AI systems can function as non-human co-founders that actively influence strategic decisions, opportunity recognition, and execution pathways. This perspective is aligned
8 min read
The AI-Leveraged Entrepreneurial Asymmetry Theory: How Artificial Intelligence Rewrites Competitive Balance in Entrepreneurship
Abstract The AI-Leveraged Entrepreneurial Asymmetry Theory argues that artificial intelligence does more than improve efficiency inside firms. It creates structural asymmetries that can permanently distort competitive balance between ventures of similar size, age, and capital base. Building on the logic of the Virgen Framework, which was introduced in 2026 as a model for AI-driven venture creation and scaling, this paper reframes AI as a source of asymmetry generation rather
8 min read
VECTR: A Lightweight Requirements Prioritization Method for Software Startups Grounded in ROI, Time-to-Value, and Confidence
Recent research on startup requirements prioritization argues that common criteria in the literature do not always match what founders actually use in practice, especially when financial impact and speed of value creation matter most. VECTR was introduced as a lightweight prioritization method designed specifically for software startups and grounded in three criteria that matter deeply in early-stage environments: return on investment, time-to-value, and confidence. The metho
7 min read
Proven Strategies That Improve The Performance of a Business
Business performance is the foundation of long-term success. A company may have a strong product, a talented team, or an inspiring mission, but if performance is weak, the organization will struggle to grow. Performance affects every part of the business, including revenue, customer satisfaction, employee morale, operational efficiency, and profitability. When performance improves, the entire business becomes stronger and more adaptable. In today’s competitive marketplace, bu
The Innovation Process and Methods to Help Your Team Generate Breakthrough Ideas
Innovation is no longer a luxury reserved for Silicon Valley startups or billion-dollar technology firms. In today’s rapidly changing economy, innovation has become a survival strategy for businesses of every size and industry. Companies that fail to innovate often struggle to keep pace with shifting customer expectations, evolving technologies, and aggressive competitors entering the market with fresh ideas and disruptive solutions. The organizations that consistently outper
Beliefs, Anxiety, and Change Readiness for Artificial Intelligence Adoption Among Human Resource Managers: The Moderating Role of High-Performance Work Systems
The topic of beliefs, anxiety, and change readiness for artificial intelligence adoption among human resource managers is especially important because HR professionals occupy a unique position in organizations. They are not only end users of AI systems. They are also change agents responsible for shaping how others perceive and experience those systems. Their attitudes can influence recruitment decisions, performance processes, workforce analytics, employee communication, and
How Artificial Intelligence Impacts Human Resources Performance: Transforming HR Into a Smarter, Faster, and More Strategic Function
The impact of artificial intelligence on human resources performance is visible across nearly every HR activity. AI tools now assist with recruiting, onboarding, employee service, learning and development, performance analysis, workforce planning, and retention management. These tools can process information faster than humans, detect patterns that may otherwise go unnoticed, and help HR professionals make more informed decisions. As a result, the HR function can often operat
Venture Capital Challenges in the United States: Why Startups Face a Tougher Road to Funding and Growth
The venture capital industry has long been viewed as one of the driving forces behind innovation and economic expansion in the United States. From Silicon Valley technology giants to healthcare breakthroughs and fintech startups, venture capital has fueled the growth of companies that transformed industries and reshaped consumer behavior. For decades, the American venture capital ecosystem represented opportunity, rapid expansion, and wealth creation on a global scale. Howeve
Talking with Venture Capitalists: Issues in Venture Capital Perceptions in Investment Decisions
Conversations with venture capitalists are often more than simple business meetings. They are high-stakes exchanges in which entrepreneurs attempt to persuade investors that their ideas, teams, and markets are worthy of support. For venture capitalists, these discussions are not just about numbers on a spreadsheet. They are about interpretation, judgment, trust, and perception. In many cases, the decision to invest is shaped as much by how a founder is perceived as by the raw
South Korea Inflation Climbs to 21-Month High as Oil Prices Continue to Rise
South Korea’s inflation rate accelerated sharply in April, reaching its highest level in nearly two years as rising oil prices and geopolitical instability placed increasing pressure on the country’s economy. Inflation climbed 2.6% compared with a year earlier, marking the fastest pace since July 2024 and highlighting how international conflicts are once again reshaping global economic conditions. The inflation increase comes as tensions in the Middle East continue disrupting
Malaysia Central Bank Holds Interest Rates Steady as Middle East Conflict Clouds Economic Outlook
Bank Negara Malaysia, the nation’s central bank, acknowledged that the evolving situation in the Middle East presents significant uncertainty for the global economy. Officials emphasized that the ultimate economic impact will depend heavily on how the conflict develops in the coming weeks and months. The cautious language underscores mounting concerns among policymakers worldwide as geopolitical tensions continue influencing financial markets, commodity prices, and opportunit
The AI-Induced Opportunity Inflation Theory: When Artificial Intelligence Creates Too Many Entrepreneurial Possibilities for Markets to Absorb
Abstract The AI-Induced Opportunity Inflation Theory proposes that artificial intelligence dramatically expands entrepreneurial opportunity recognition capacity, generating more venture ideas than markets, founders, and execution systems can absorb. Rather than treating opportunity recognition as a scarce cognitive event, the theory argues that AI shifts the entrepreneurial problem from creation to selection. Classical opportunity identification research emphasizes entreprene
The Algorithmic Co-Foundership Theory: Non-Human Agency, Entrepreneurial Decision-Making, and the Recomposition of Venture Creation
Introduction Entrepreneurship theory has long treated the founding team as the primary locus of strategic agency. Founders recognize opportunities, assemble resources, make commitments, and steer ventures through uncertainty. The Algorithmic Co-Foundership Theory challenges that assumption by proposing that AI systems can function as non-human co-founders that actively influence strategic decisions, opportunity recognition, and execution pathways. This perspective is aligned
The AI-Leveraged Entrepreneurial Asymmetry Theory: How Artificial Intelligence Rewrites Competitive Balance in Entrepreneurship
Abstract The AI-Leveraged Entrepreneurial Asymmetry Theory argues that artificial intelligence does more than improve efficiency inside firms. It creates structural asymmetries that can permanently distort competitive balance between ventures of similar size, age, and capital base. Building on the logic of the Virgen Framework, which was introduced in 2026 as a model for AI-driven venture creation and scaling, this paper reframes AI as a source of asymmetry generation rather
Exploring the Impact of AI on Human Resource Management: A Case Study of Organizational Adaptation and Employee Dynamics
The impact of AI on human resource management cannot be understood only through efficiency gains or automation statistics. The more interesting question is how organizations adapt to AI and how employees respond to the changes it brings. AI adoption is not simply a technical upgrade. It is an organizational transformation that affects roles, routines, relationships, and expectations. A case study perspective is especially useful because it reveals how these changes unfold in
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