Harvard Business Review

NOVEMBER 19, 2013

Traditionally, companies have found ways to navigate these challenges internally, in research and development (R&D) divisions like the famed Xerox PARC , founded in 1970, or through programs that encourage employees to dedicate a small percentage of their time to side projects, as 3M began doing in 1948. A Different Approach.

Innovation 8

Innovation Company Entrepreneur Constraint 8

Harvard Business Review

DECEMBER 1, 2017

These spending choices require tradeoffs, so entrepreneurs must first develop a strategy for allocating limited resources across a wide range of available options. If your startup spends a lot on office design or executive first-class travel, consider the impression on your staff. What is your business’ core competence?

Strategy 9

Strategy Budgeting Cost Price 9

Harvard Business Review

MAY 31, 2011

Biocon also sources drug molecules from other partners, especially from developing countries, such as the Cuba-based Center of Molecular Immunology (CMI). Biocon's core competency lies in building and orchestrating global innovation networks — the cornerstone of a polycentric innovation model. Transformers.

Shaw 13

Shaw Globalization Innovation Entrepreneur 13