Network Bookkeeping System
Award last edited on: 3/19/02

Sponsored Program
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Principal Investigator
Clark Evans

Company Information

Daniel C Palanza

480 Main Street
Falmouth, MA 02540
   (508) 548-7421
Location: Single
Congr. District: 09
County: Barnstable

Phase I

Contract Number: 9861004
Start Date: 00/00/00    Completed: 00/00/00
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The Small Business Innovation Research Phase I project will study double entry bookkeeping with the goal to document an application that supports network business organizations. Network business organizations are a proposed solution to emerging economic needs; they enable business entities to compete in naturally monopolistic contexts. An example is an operating system where ownership has a natural-even desirable-need to be a monopoly. The proposed change allows competition to individual ownership by collective owners who compare for portions of the monopoly itself. Our Research will proceed in three parts: (1) Create a mathematical model describing traditional double entry bookkeeping; (2) Build a prototype bookeeping system in partnership with a local network group to observe and document the special needs of network organizations; and (3) Create a software design for large scale implementation based upon our research at the local community level. Extend the local implementation to Internet groups. Upon conclusions reached in our Phase I study and its documentation, Phase II will: (1) build a first generation, Internet aware bookkeeping program; (2) add legal language essential to enforce contracts among members of a network organization; and (3) continue empirical validation of the bookkeeping model, its software application and its piecemeal growth. Create a bookkeeping standard for intellectually competitive business entities that are optimized by the application of language which would otherwise generate a cultural monopoly.

Phase II

Contract Number: ----------
Start Date: 00/00/00    Completed: 00/00/00
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