Remove Engineering Remove Fixed Costs Remove Marketing Remove Technology
article thumbnail

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. Insight Center.

Cost 8
article thumbnail

Joint Ventures Reduce the Risk of Major Capital Investments

Harvard Business Review

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. In many industries, the capital required to build an asset of minimum efficient scale is growing.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

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. The technology’s flexibility introduces synergies where none existed before. The company has invested heavily in 3D printing technologies that are flexible enough to produce a variety of products.

article thumbnail

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. After the 1970s, it spread to other sectors, with the rise in information technology a likely factor behind that. “Corporate concentration (e.g.,

article thumbnail

The U.S. Media’s Problems Are Much Bigger than Fake News and Filter Bubbles

Harvard Business Review

Political campaigns are marketing campaigns, messages aimed at selling a product. Media companies are experiencing an extreme form of competition that comes with digital technologies: Everyone is a media company today. Yet by 2004 its market share was down to 3%. Bigger marketing budgets may not pay off.

Media 9