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The Right Way to Spend Your Innovation Budget

Harvard Business Review

People can be hired through the sharing economy; technology can be rented by the hour; finance can be sought for any prototype, and assets bought. Nokia during 2007-2010 was an example of a corporation with great innovation capacity. Nokia did have resources to develop a new operating system, but chose to stick with Symbian.

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Digital Growth Depends More on Business Models than Technology

Harvard Business Review

Given that those companies were all venture-financed and emerged from Silicon Valley, you might assume that the key ingredients that have ensured their success were cutting-edge technologies, digital platforms, and customer bases that were chiefly made up of digital natives.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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What to Do When Your Future Strategy Clashes with Your Present

Harvard Business Review

MedStar operated nine hospitals, but realized that its long-held objective of increasing revenue and profits at those venues was unsustainable, given the outcries over runaway medical costs. These new ventures would operate separately from the core hospital assets and would compete in new ways in the health care marketplace.

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The Benefits of Hiring Your Best Customers

Harvard Business Review

I’m talking about the superconsumers who are inside your organization, working at every level: the fashionista who works in the mail room at the headquarters of an apparel company, or the finance manager who works for a pork brand and who eats three pounds of bacon in any given week. Adapted from.

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The Real (and Imagined) Problems with the U.S. Corporate Tax Code

Harvard Business Review

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. And in practice, the foreign income of U.S. Further, U.S.

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The H-1B Visa Debate, Explained

Harvard Business Review

It has benefited the tech industry enormously, and other sectors, including health care, science, and finance, have also used it to fill gaps in their workforces. ” (A bill was introduced in 2015 to raise the cap and liberalize other rules around H-1Bs, but died in Congress.) But in April, just after U.S.