Remove Business Model Remove Engineering Remove Incubator Remove Technology
article thumbnail

What Your Innovation Process Should Look Like

Harvard Business Review

There is no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment. This prioritization process has to start before any new idea reaches engineering. As the head of the U.S.

Process 13
article thumbnail

Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Today’s Corporate Research Centers Need to Be in Cities

Harvard Business Review

Over the last decade, Tech Square, the eight-square-block area in Midtown designed to facilitate private and public research ventures, has attracted the corporate research centers of 12 Fortune 500 companies, including AT&T, Panasonic, and Coca-Cola, as well as hundreds of small technology startups. Insight Center. Sponsored by Accenture.

article thumbnail

How GE Stays Young

Harvard Business Review

For example, GE incubated an energy storage company (“ Durathon ”), which has gone from the lab to a $100 million business in five years. In 2009, GE’s transportation unit developed a new sodium battery for a hybrid engine for locomotives. Marketing plays a catalyst role, providing growth funding.

article thumbnail

Alphabet Isn’t a Typical Conglomerate

Harvard Business Review

In the years ahead, Alphabet could dramatically influence business models in many industries. This new entity could bring together human talent, technology scale, and long-horizon venture and investment approaches to construct business models that could pose a formidable challenge to those designed and perfected in the industrial age.

article thumbnail

Kodak and the Brutal Difficulty of Transformation

Harvard Business Review

Of course, being a dominant film provider became increasingly irrelevant in light of recent technological shifts. The engineer behind that project, Steve Sasson, offered a memorable one-liner to the New York Times in 2008 when he said management's reaction to his prototype was, "That's cute — but don't tell anyone about it.".

Gilbert 15
article thumbnail

The Secrets to TripAdvisor's Impressive Scale

Harvard Business Review

As we have seen with the recent speed bumps at highfliers like Groupon and Zynga, taking "lean startups" from foundation to creating sustainable, scalable, profitable business models is a very rare and special task. TripAdvisor, in effect, was a model lean start-up with an engineering-driven, product-focused founder.

EBITDA 8