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Why America Is Losing Its Entrepreneurial Edge

Harvard Business Review

The rate of business formation in 2011 was almost half of what it was in 1978, with the rate of dissolution somewhat higher than the past couple decades. As of 2013, the top ten banks had 70% of the market. Economy Entrepreneurship Finance' This paper by the Richmond Fed shows how from 1960 to 2005, the U.S.

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Can Lending Technology Revive America???s Small Businesses?

Harvard Business Review

Small businesses are also instrumental to our innovation economy; small firms produce 13 times more patents per employee than larger firms and employ more than 40% of high technology workers in America. The majority of small businesses rely on such loans, and in the fall of 2013 alone, 37% of small businesses applied for credit.

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What Initial Coin Offerings Are, and Why VC Firms Care

Harvard Business Review

ICOs are the Wild West of financing — they sit in a grey zone where the U.S. Most made their money early on by buying or mining bitcoin when it was still under $10 (in the early days of 2011-2013). Since 2013, there’s been about $2 billion invested in blockchain and bitcoin startups from the VC community.

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What Big Companies Can Learn from the Success of the Unicorns

Harvard Business Review

The term “unicorns,” coined, in 2013, by Aileen Lee, founder of Cowboy Ventures , is commonly used to identify venture-backed private companies valued at $1 billion or more. Financed by VC firms. billion in a single round of equity financing, the largest private fundraising round for a VC-backed startup ever.

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What Apple Should Do with Its Massive Piles of Money

Harvard Business Review

But as Apple’s profits multiplied from 2004 through 2011, it was clear that, as you now call it, “ return of capital ” to shareholders was not a pressing priority for Mr. Jobs. I agree and ask you to consider what public shareholders and stock buybacks have to do with innovation at Apple. Social innovation. Employee incentives.

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6 Reasons Platforms Fail

Harvard Business Review

In 2013, Johnson Controls invited developers to help them build Panoptix, an energy efficiency platform for buildings and office space. Successful platforms engage in platform evangelism, providing developers with resources to innovate, feedback on design and performance, and rewards for participation. Failure to engage developers.

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Improve the Affordable Care Act, Don’t Repeal It

Harvard Business Review

Specifically, it has allowed for significant expansion of insurance coverage and it is accelerating the move from a financing system that pays for the volume of services provided to one that rewards care providers for delivering higher-quality care. Innovating for Value in Health Care. Insight Center. Sponsored by Medtronic.