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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.

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

Harvard Business Review

has lost what Harvard Business School’s Willy Shih calls the “ industrial commons ”: indispensable production skills and capabilities. We have identified four principles with straightforward steps that policymakers, business leaders, and universities can take to restore innovation ecosystems.