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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. The common idea behind these models is that the company does not have to be the (full) owner of the asset to be its (sole) operator.

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If America Is a Land of Abundance, Why Are We So Divided?

Harvard Business Review

My immigrant mother was able to come to the United States to get an education at a community college and to work hard to support her three children by herself. While this might work for some business models, it defies logic in an era in which information is easily shared and people are highly educated and eager to engage in decision-making.