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Why Startups Fail: Six Issues to Avoid

Leading Blog

Entrepreneurs can avoid false starts by undertaking a thorough and thoughtful design process before commencing engineering work. Crowdfunding campaigns may demonstrate a product’s appeal to product category enthusiasts, but they don’t provide data on mass-market demand. How much innovation is too much? False Positives.

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It’s Time To Stop VCs Driving Entrepreneurship

The Horizons Tracker

Famous research from Stanford’s Nicholas Bloom illustrates the difficulties we face in keeping the wheels of innovation turning. Bloom illustrates that while we’re spending more on research and innovation than ever before, we’re getting diminishing returns for that investment. Engines of creation.

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India Remakes Global Innovation

Harvard Business Review

In prior blog posts, we have described how Western multinationals such as Xerox and GE are embracing polycentric innovation by sourcing more R&D capabilities from emerging markets such as India and China and integrating them into a synergistic global innovation network. in close partnership with the University of Warwick.

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Instead of Optimizing Processes, Reimagine Them as Platforms

Harvard Business Review

Surely this cheap, customer-centric, and data-driven innovation would impress the client. To make customers measurably happier, optimization mattered less than innovation. Their optimization strengths had become innovation weakness. A little dab of inventory data would enhance both customer expectations and process efficiencies.

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Your New Hit Product Might Be Underpriced

Harvard Business Review

Often new products are over-engineered with too many features, usually at too high a price. Some products are truly innovative but stay walled up too long in R&D and then are released to market when they are no longer unique. That’s a recipe for missing out on an innovation with huge profit potential.

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The Internet of Things Needs Design, Not Just Technology

Harvard Business Review

Their developers focus on meeting operational and environmental requirements, caring little about the physical appearance or user experience of a dashboard- or engine-compartment-mounted device that monitors vehicle data. Fleet logistics companies, for example, monitor the condition and location of their vehicles.

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Hybrid Business Models Look Ugly, but They Work

Harvard Business Review

In a recent article , we defined hybrids as combinations of competing elements or technical generations; for example, the Toyota Prius combines elements of internal combustion engines and electric cars. — prior work emphasizes that firms should choose to produce either products or platforms but not blend the two.