Remove Business Model Remove Innovation Remove Management Remove Market Risk

Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business

The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies. While it can offer valuable lessons for other industries and other problems, the model is not universally applicable. We’re now entering a new era of innovation , one that the model doesn’t quite fit, and we will have to develop new approaches to build the future. The Silicon Valley Model.

Entrepreneurship: A Working Definition

Harvard Business Review

But like the terms "strategy" and "business model," the word "entrepreneurship" is elastic. For some, it refers to venture capital-backed startups and their kin; for others, to any small business. I'll spare you the results, and focus instead on the definition we use at Harvard Business School. For example, a new venture might employ a new business model for an innovative product. predisposition for risk taking; preference for independence).