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What Is the Business of Health Care?

Harvard Business Review

On January 19, 2012, after 131 years of operation, the Eastman Kodak Company filed for Chapter 11 protection in U.S. No doubt some people were surprised by this filing, because they grew up at a time when bright yellow boxes of film accompanied every family vacation and celebration. bankruptcy court.

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Don't Abandon Crowdfunding -- Manage It

Harvard Business Review

The April 2012 report estimates that 452 crowdfunding platforms (CFPs) raised nearly $1.5 billion in 2012. But as Brad Kine, president of loan provider On Deck pointed out in an article by Helen Avery in the May 2012 issue of Euromoney , these businesses weren't really very small. will not be legalized until 2013).

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Many Companies Still Don’t Know How to Compete in the Digital Age

Harvard Business Review

Since its bankruptcy in 2012, Kodak has been a poster child for innovation incompetence: After inventing the world’s first digital camera in 1975, the conventional story goes, myopic managers allowed a bloated company to let inertia drive it off a cliff. A misunderstood story. By 2005, Kodak ranked No. digital-camera sales (No.

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Crowdfunding’s Big-Bang Moment

Harvard Business Review

But those impressive numbers may be eclipsed by a revolution in venture financing that is only being held back by final government approval: start-ups raising actual investment funds from individuals in exchange for equity or a share of profits. How big a deal is this “democratization” of finance? Last week, the U.S.