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How to Compete Like the World’s Most Innovative Leaders

Skip Prichard

Unfortunately, many of us have developed expertise in only one field (software engineering, information technology [IT], marketing, biotechnology, automobile manufacturing, the food industry, etc. 2010): 253-269. [6] The more knowledge you possess in more areas, the more problems you can solve in pursuit of your vision.

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A Quiet Revolution in Clean-Energy Finance

Harvard Business Review

Between 2008 and 2010, over 25 US-based, cleantech-focused venture capital and private equity funds raised over $300 million in committed capital each, amounting to over $35 billion of capital committed for clean energy startups (here's an example ). Their behavior displays promising parallels to the early days of the biotechnology industry.

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Think Global, Not Emerging Markets, Century

Harvard Business Review

In 2010, China overtook Japan to become the world's second largest R&D spender (in purchasing power parity terms) after the U.S. Another CEO of a fast-growing biotechnology venture, a Chinese-American entrepreneur, added that he wanted his company to be perceived as American rather than as Chinese.

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When a Product Fails, Find a New Direction

Harvard Business Review

Cephalon's IPO was in 1991, part of the second wave of biotechnology companies to sell shares to the public. By 2010, sales exceeded $2B. Baldino passed away in 2010, but his actions offer an example for CEOs today. He developed the next generation form of Provigil prior to the patent expiration.

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Searching for Health Care's Entrepreneurial Spirit

Harvard Business Review

And biotechnology and medical devices are among the leading areas for venture capital funding. The stimulus bill of 2009 allocated $30 billion for health care IT, and the Affordable Care Act of 2010 allowed significant changes in the way Medicare pays for services. Thus, the landscape for a better medical system is being laid.

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Should Big Companies Give Up on Innovation?

Harvard Business Review

Start-up companies tend to cluster in industries favored by venture capitalists (like biotechnology or information technology) or ones where there are relatively low barriers to entry (like restaurants). In 2010, Embrace entered into a partnership with General Electric to help scale the technology around the globe.

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The Growing Conflict-of-Interest Problem in the U.S. Congress

Harvard Business Review

We analyzed required public disclosure information about congresspeople’s stock holdings as compiled by the Center for Responsive Politics , a nonpartisan nonprofit, in combination with a sample of S&P 500 performance data from 2005 to 2010. Not only did his wife invest between $610,000 and $1.5