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Why Innovators Should Study the Rise and Fall of the Venetian Empire

Harvard Business Review

From the thirteenth century on, the Arsenal nurtured creativity and spurred innovation and entrepreneurship in the construction of its galleys. Merchants and traders played the game of incremental innovation by focusing on efficiency and optimization. What’s the lesson for entrepreneurs and innovators today?

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How Merck Is Trying to Keep Disrupters at Bay

Harvard Business Review

Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

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Deciding to Fix or Kill a Problem Product

Harvard Business Review

Situation Three: It Does Not Have Good Strategic Fit. In the meantime, the competition is managing their own innovation and coming up with similar or better improvements to their own products. No innovation remains innovative for long. How can you tell if the product you are working on is likely to succeed or fail?