Harvard Business Review

JUNE 8, 2015

Change and innovation are choices, not givens, in any organization, and there are managerial levers for making these selections wisely. Within EB, Merck first created a Global Health Innovation Fund and then a Healthcare Services and Solution unit to identify, develop, and operate nascent opportunities that fit that thesis.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

FEBRUARY 3, 2016

The kinds of shifts we’re talking about have come more naturally to greatly successful startups of the last two decades — Google, Amazon, Uber, and Facebook among them — and their venture capital investors. Smart venture capitalists invest in a portfolio of startups with different risk profiles and timeframes for returns.

Venture Capitalist 8

Venture Capitalist Short-term ROI Long-term 8

Harvard Business Review

SEPTEMBER 24, 2012

In today's world, start-ups aren't the only ones who can innovate. As I discussed in my post How Big Companies Can Save Innovation , large companies are now better positioned to innovate than ever before. Innovation increasingly involves creating business models that tap big companies' unique strengths.

Innovation 8

Innovation Company Venture Capitalist Health Care 8

Harvard Business Review

DECEMBER 2, 2010

That's enough to participate in other productivity or life-enhancing investments, like a well, or a roof, or health care. As a result, it's extremely difficult to sell innovation to this consumer. Now, instead of making -1 penny a day, you're making 100 or 200 pennies a day. That's a surplus of $700 a year. How do we do that?

Marketing 14

Marketing Mass Marketing Early Adopters Venture Capitalist 14