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If Innovation Is Happening, Where Is The Creative Destruction?

The Horizons Tracker

One would assume that if the engines of innovation are working as the hype suggests, Schumpeter’s famous creative destruction would be happening at a rate seldom seen before. “Corporate concentration (e.g., shares of the top 1% or top 0.1% They also ponder whether it’s a trend that is likely to continue.

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3D Printing Will Revive Conglomerates

Harvard Business Review

As I described in an article in the May issue of HBR , a single 3D printer can produce engine pumps one day and crankshafts the next. GE’s first additive manufacturing facility , a plant in Alabama, is set to make nozzles for jet engines. With 3D printing, however, industrial conglomerates are about to get a new lease on life.

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Will Personalized Medicine Mean Higher Costs for Consumers?

Harvard Business Review

Consequently, if we want new medical innovations to be financially viable for the patients who need it most, health insurance markets need to be regulated to eliminate the perverse financial incentives that limit patients’ coverage. Insurance markets are failing to deliver. First, a little background. Problems may get worse.

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Bringing the Power of Platforms to Health Care

Harvard Business Review

At athenahealth, for example, we have a rules engine with 40 million billing rules (yes, there are that many ways to be denied) that enables us to execute our clients’ work more efficiently than they ever could alone. On any given day in America, 40% of hospital beds lie empty, their enormous fixed costs weighing heavily on the system.

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The End of Traditional Ad Agencies

Harvard Business Review

The app is one part ideation engine, one part social media platform, and one part ad agency. In every part of the industry, the open innovation model is changing the economics of advertising by switching significant fixed costs to variable costs and sourcing creative from more relevant and, many times, lower cost sources.

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4 Types of Activist Investors and How to Spot Them

Harvard Business Review

market has witnessed a substantial rise of activist investors. This typically means they look to re-engineer the balance sheet to increase shareholder yield, over the shortest amount of time possible, which typically ranges between six to twelve months. Over the last three years the U.S. Example: Jolly Inc. Example: MineMe Inc.

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Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

A company sets up a joint venture with a partner that has complementary assets and capabilities, in order to limit up-front investments, speed up market entry, and reduce risk. A company that misses one generation may find it hard to catch up, especially if it has also lost internal process engineering know-how.