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Many CEOs Aren’t Breakthrough Innovators (and That’s OK)

Harvard Business Review

Innovation is widely regarded as important to long-term business performance. However, CEOs often don’t have the career background and education that would equip them to personally lead the process of new product development. For the rest, we found that other factors besides innovation drove strong shareholder returns.

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You Are Not a Failure

Harvard Business Review

And don't forget the World Economic Forum's posse of Young Global Leaders. I talked recently with David Galenson , an economist at the University of Chicago who began studying prices at art auctions — an exploration that drove him to understand the nature of creativity over the course of one's career. Actually, me neither.)

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All Hail the Failure Sector

Harvard Business Review

As Dick Morley — an MIT manufacturing innovator with deep experience in the auto industry — put it to us, "the trouble with big companies is that they take nice high-risk, high-return opportunities, then manage the risk out of them to the point that there's no return left." Certainly, that's a fair accusation.

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How Singapore Became an Entrepreneurial Hub

Harvard Business Review

Like Silicon Valley, Singapore has strong research institutions and limited enforcement of noncompete clauses, a condition that academics now suggest can be a major driver of innovation. Like Israel, Singapore is small, with limited natural resources, which means economic growth requires innovative macroeconomic approaches.