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Make Serendipity Work for You

Harvard Business Review

Merton and Elinor Barber.). So how might serendipity help us refine our understanding of innovation? Innovation is as much about looking at the past as it is about anticipating the future. If serendipity is a capability, then how is it developed, protected and sustained? History matters. Watson and Crick did.

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What an Economist Brings to a Business Strategy

Harvard Business Review

Consider first the increasing use of auctions, which have a distinguished history in the development of economics. Walker’s innovation was to bind travelers to pay the prices they bid if the airlines and hoteliers on Priceline accepted the offers. Here a few notable examples. What’s the larger point to be made here?