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Should Big Companies Give Up on Innovation?

Harvard Business Review

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. 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).

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What BMW’s Corporate VC Offers That Regular Investors Can’t

Harvard Business Review

From 2012 to 2015, the number of global corporate venture capital deals almost doubled, and their investments quadrupled, to $29.1 Among the 30 top companies in seven of the largest industries, almost half had a VC-fueled accelerator in 2015, up from just 2% in 2010.

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India's Exploding Digital Economy

Harvard Business Review

Recently, I had the privilege of moderating a conference of global entrepreneurs and venture capitalists in Mumbai — an event called Founders Forum India. According to Mergermarket, the value of investment activity rose from $111 million in 2010 to $829 million in 2011, while the number of deals doubled from 33 to 66.

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Where There’s a Why, There’s a Way

Harvard Business Review

Costello founded and led for twelve years the prestigious Kauffman Fellows program, one of the world’s most respected private training programs for venture capitalists. I’ve been grappling with this personally, as I have pursued two important goals for 2014: to run a marathon and to organize a conference on pursuing dreams.

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Should Higher Education Be Free?

Harvard Business Review

According to Rafael Reif, MIT''s president, who spoke at the Davos conference this past January, there are three major buckets that make up the total annual expense (about $50,000) of attending a top-notch university such as MIT: student life, classroom instruction, and projects and lab activities. Are all of these great teachers?