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Are SMEs The Overlooked Engines Of Innovation?

The Horizons Tracker

Indeed, the European Commission regards them as the engine of the European economy. Despite this importance, they’re an often overlooked group, as they’re not considered sufficiently high growth to attract the wide range of VC-led support that fuels accelerators, incubators, and corporate venturing.

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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.

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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.

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Case Study: Should an Emerging-Market Incubator Help U.S. Businesses?

Harvard Business Review

Thinking of her own cousin Guillermo Pombo, an engineer who had recently graduated from the University of Miami and was struggling to start his own business, Helena could see where Conrad was coming from. operations. Miami’s median income was 10 times that of most of the cities where Unamano operated.

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How GE Stays Young

Harvard Business Review

Under CEO Jack Welch in the 1980s and 1990s, they adopted operational efficiency approaches (“ Workout ,” “Six Sigma,” and “Lean”) that reinforced their success and that many companies emulated. In 2009, GE’s transportation unit developed a new sodium battery for a hybrid engine for locomotives.

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Entrepreneurs Take On Manufacturing

Harvard Business Review

However, in recent years a parallel explosion of digital tools and services has taken place in the manufacturing realm as well, drawing in computer-assisted design and 3D printing equipment to open-source operating systems, the cloud, and the Internet of Things (IoT). Second, a number of important inputs have gotten cheaper.

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How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

This intensive customer focus has increased as technology-enabled transparency and online social media accelerate an inexorable flow of market power downstream from suppliers to customers. Yet wanting to be closer with customers, and knowing what actual, operational pathways to take in order to achieve this are two very different things.