"We've got to grow together." the quote of the evening!

Jason Womack

During our conversation, he told me about the business incubator program at Hannah Grimes , here in Keene, NH. With today's movement to "think global and act local," or to work and live as a "local-vore," it is interesting to think that in those days way back then, EVERY one supported local - local government, local education, local markets. Last Tuesday, I had a great dinner with a new friend just outside of Boston, founder of Elite Leadership Solutions: Bob Maitland.

The Problems With Incubators, and How to Solve Them

Harvard Business Review

Inexperienced friends and family (and, increasingly, crowdsourced investors) lack the ability to gauge the viability of a business, or to mentor naïve entrepreneurs. This knowledge gap, I have come to believe, is best filled by savvy incubators. However, there are over 7,500 business incubators around the world. The first business incubator in the U.S. In the last couple of years, we have seen a renaissance in the incubator business.

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

Harvard Business

has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. The invention of modern transistors, the adoption of standardized shipping containers, and the advent of low-cost assembly lines in East Asia lowered costs and created larger markets for televisions and radios, setting the stage for an Asian manufacturing powerhouse. Jetta Productions/Getty Images. Many U.S.

Why Older Entrepreneurs Have an Edge

Harvard Business Review

He did well co-founding Asterand, an ethically sourced human-tissue sampling business, but lost his shirt on a jazz club and a cattle-ranching enterprise to produce low-fat beef. Charlton and Reid decided to launch TechTown, a nonprofit business incubator, which went on to spark a small renaissance in entrepreneurship in midtown Detroit. The National Journal reports that 9 of the nation's 15 million small-business owners were born before 1965.

Where to Find Authentic Entrepreneurs

Harvard Business Review

I still remember when Steve Jobs was featured in business school case studies as an example of bad leadership style. Coming out of Peru, you’ll find Kola Real, formed during a coup d’état in 1988, not exactly an ideal environment for business incubation. Companies and venture capitalists chase hot markets. Entries into markets triggered more entries, and markets that saw companies fleeing went cold.

Design Thinking Is Fundamentally Conservative and Preserves the Status Quo

Harvard Business

But skepticism about design thinking has now begun to seep out onto the pages of business magazines and educational publications. The criticisms are several: that design thinking is poorly defined ; that the case for its use relies more on anecdotes than data; that it is little more than basic commonsense, repackaged and then marketed for a hefty consulting fee. Noctiluxx/Getty Images. When it comes to design thinking, the bloom is off the rose.

The $300 House: Go, Go, Go!

Harvard Business Review

The Marketing Challenge. Editor's note: This post was written with Christian Sarkar , a marketing consultant who also works on environmental issues. Winners will be selected by the community and a panel of judges and will receive a scholarship to a June "prototyping workshop" led by COMMON , a social business incubator. Thirdly, we looked at Grameen's poverty metrics in Muhammad Yunus' book Creating a World Without Poverty: Social Business and the Future of Capitalism.

The Economy of Punishment

Harvard Business Review

And relatedly, how do we recognize a black-market innovator who may have all the talent of a Richard Branson or a Jay-Z, but lacks the opportunities for a leg-up in the formal economy? That is to say, given the applied "street smarts" and talent — the art of the hustle, the leadership and prowess of running a drug business — what is it all worth? We love hearing historical stories about Robin Hood-like men, about bank robbers, pirates and outlaws on the run.