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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. This is especially so as around two-thirds of the 40 million new jobs created in the US economy between 1980 and 2005 were created by new SMEs. They also cited difficulties in raising finance to help them implement their innovation.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. search engine company Inktomi in 2002.

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Why Is Capital Afraid of Cities?

Harvard Business Review

What is missing is growth capital for the small companies that should be the economic engines of their communities. You have to go out and look for opportunities, which is what Ron Walker and I did in 2005. What is missing in cities is not revitalizing new ideas. Money follows data, and there isn't much data on the urban enterprise.

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Corporate Inequality Is the Defining Fact of Business Today

Harvard Business Review

public companies from the 1960s up to 2005 in HBR: “Since the mid-1990s, a new competitive dynamic has emerged — greater gaps between the leaders and laggards in an industry, more concentrated and winner-take-all markets, and more churn among rivals in a sector.” “Think of General Electric.”

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

Harvard Business Review

We’ve found that CEOs of big pharmaceutical companies, for example, are more likely to have a background as company lawyers, salespeople, or finance managers, than one in medicine or pharmaceutical R&D. tax jurisdiction. Breakthrough innovations in high tech certainly have a powerful impact on performance, but they are quite rare.

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What Alan Greenspan Has Learned Since 2008

Harvard Business Review

I tried to get Greenspan to talk me for my November HBR article on economics and finance since the crisis , but he said he’d promised his publisher to keep mum until the book was out, which was too late for my purposes. It was the form in which the asset was financed. One is finance and the other is non-finance.

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Europe’s Other Crisis: A Digital Recession

Harvard Business Review

And a recently released report suggests that Europe’s digital divide problem extends way beyond the Atlantic; Europe is a distant third behind North America and Asia for $100 million plus financing for VC backed companies. based corporations – prominent examples being Skype, founded in Estonia, acquired by eBay in 2005 for $2.6

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