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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Whether you have invented an amazing new technology or product, you could still fail. In contrast, Musk cares about customer needs as well but only at a high level; he picks what he perceives as big important needs that haven’t been met because of technology constraints and is more of a “technology first” innovator.

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Think Global, Not Emerging Markets, Century

Harvard Business Review

Without operating in the former, they won't be able to attain economies of scale; sans the latter, they're unlikely to continue developing state-of-the-art technologies. Moreover, it forgot that it will continue to do well in China and India not just by keeping costs low but also by developing new technologies.

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A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Between 2006 and 2008, more than $1 billion venture-capital dollars were channeled into startups focused on solar, wind and biofuel technologies. In the last year, however, early-stage investments in clean energy production technologies have fallen substantially (see the table at the end of this piece for more detail).

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Searching for Health Care's Entrepreneurial Spirit

Harvard Business Review

And biotechnology and medical devices are among the leading areas for venture capital funding. Coordinating health care information technology requires government action, which was a decade slow in coming. Virtually every day, there is information about a clinical study with a new way to treat sick people.

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Should Big Companies Give Up on Innovation?

Harvard Business Review

Start-up companies tend to cluster in industries favored by venture capitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants). In 2010, Embrace entered into a partnership with General Electric to help scale the technology around the globe.