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How the U.S. Can Rebuild Its Capacity to Innovate

Harvard Business Review

firms took offshoring a step further and began contracting design and product development activities overseas around the turn of the millennium when China joined the World Trade Organization and Asian producers started investing in major capacity improvements. Invest in hardware startups and scale-ups. simply couldn’t provide.

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The Core Incompetencies of the Corporation

Harvard Business Review

Absent the bloodshed, the dynamics of change in the world’s largest companies aren’t much different from what one sees in a poorly-governed, authoritarian regime – and for the same reason: there are few, if any, mechanisms that facilitate proactive bottom-up renewal. Reflect for a moment on the development of constitutional democracy.