article thumbnail

Innovation Should Be a Top Priority for Boards. So Why Isn’t It?

Harvard Business Review

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

article thumbnail

Taxpayers Helped Apple, but Apple Won't Help Them

Harvard Business Review

government, which through DARPA and other initiatives stands out worldwide for its astoundingly positive track record in funding true innovation. Even development banks in emerging economies, like China and Brazil, are doing more than Silicon Valley-type "entrepreneurs.". Yet it's a capitalism impossible to conceive of without the U.S.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

50 Laboratories of Opportunity

Harvard Business Review

Here's an example of an experiment that's been running for many years (though it certainly wasn't conceived as an experiment): North Dakota has had a state-owned bank for about a century. The bank has never received a taxpayer bailout. Its officers never receive bonuses.

article thumbnail

Which Business Sectors Are Attracting Investment?

Strategy Driven

There have also been great leaps forward in biotechnology and even people without investment experience in the industry can find a niche sector to become involved in. Technology is innovation and looks likely to form the foundation for much of our society for the foreseeable future. Technology. Financial sector.

article thumbnail

Talent Management: Boards Give Their Companies an "F"

Harvard Business Review

Not innovation, risk management, technology, debt, or the regulatory environment. banking & financial services, insurance, real estate); Health Care (e.g., pharmaceuticals, biotechnology & life sciences, health care equipment and services); Industrials (e.g., And what did they say was their biggest concern? Not rising costs.

article thumbnail

It's Manufacturing's Turn for Special Treatment

Harvard Business Review

Housing , which is generously subsidized (largely through the tax deductibility of mortgage interest, which stimulates demand for homes as well as loans from banks.). This tight connection between R&D, innovation, and production is present in sectors like biotechnology, advanced materials, and nanotechnology. The Right Policies.