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Do Teams Work Best When The Stakes Are High?

The Horizons Tracker

. “What drives successful group coordination is important because team coordination is ubiquitous in many work settings, such as in medical professions, in law enforcement, or in finance, ” the researchers say. “Therefore, uncovering the key determinants of successful group coordination is paramount.”

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Global Entrepreneurs Need New Funding Models

Harvard Business Review

In low-income countries, according to World Bank data in a recent paper by the consultancy Dalberg, 43% of businesses with between 20 and 99 employees say that access to finance is a major constraint. The White House has called this gap between the demand and supply of finance for small and medium enterprises a "market failure.[and]

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Using Games to Get a Handle on Bank Risk

Harvard Business Review

Yet unlike in finance, where distributing risk across institutions is the goal, in drug development the focus is on isolating risk. Financial institutions must find innovative ways to understand their consumers' aspirations and actual behavior. Researchers also observed increased cooperation and effort among individual players.

Banking 10
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President Obama Can Make Start-Up America Succeed

Harvard Business Review

Ventures should compete and cooperate with ventures, regardless of their nationalities. Encourage financial entrepreneurship and innovation. Entrepreneurship in financial services has been given a bad rap as one contributor to the economic crisis, but we desperately need innovative financing models for start-ups.