Remove Innovation Remove Market Risk Remove Productivity Remove Technology
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Why Some of the Most Groundbreaking Technologies Are a Bad Fit for the Silicon Valley Funding Model

Harvard Business Review

Over the past few decades, Silicon Valley has been such a powerful engine for entrepreneurship in technology that, all too often, it is considered to be some kind of panacea. The Silicon Valley model, for all of its charms, was developed at a specific time, for a specific industry, which was developing a specific set of technologies.

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Building a Minimum Viable Product? You're Probably Doing it Wrong

Harvard Business Review

In creating a minimum viable product , entrepreneurs choose between experiments that can validate or invalidate their assumptions about a business model. If your MVP is a worse product than your imagined final version, success validates your idea; failure, on the other hand, doesn''t necessarily invalidate it. The Two Kinds of MVP.

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Building a Minimum Viable Product? You’re Probably Doing it Wrong

Harvard Business Review

In creating a minimum viable product , entrepreneurs choose between experiments that can validate or invalidate their assumptions about a business model. If your MVP is a worse product than your imagined final version, success validates your idea; failure, on the other hand, doesn’t necessarily invalidate it.

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How Companies Say They’re Using Big Data

Harvard Business Review

After the initial “quick wins” are wrung from cost-reductions, executives are turning their attention to new ways to innovate using data. See More Videos > See More Videos > At this point in the evolution of big data, the challenges for most companies are not related to technology. </span> Save.

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When “Scratch Your Own Itch” Is Dangerous Advice for Entrepreneurs

Harvard Business Review

It lies behind successful product companies like Apple, Dropbox, and Kickstarter, but it can also lead entrepreneurs predictably to failure. This approach to entrepreneurship increases your market knowledge: as a potential user, you know the problem, how you’re currently trying to solve it, and what dimensions of performance matter.

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Entrepreneurship: A Working Definition

Harvard Business Review

The opportunity may entail: 1) pioneering a truly innovative product; 2) devising a new business model; 3) creating a better or cheaper version of an existing product; or 4) targeting an existing product to new sets of customers. For example, a new venture might employ a new business model for an innovative product.

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How CMOs and CROs Can Be Allies

Harvard Business Review

Use risk data as an avenue for innovation. CROs are deeply familiar with the troves of risk data, such as payment habits and internal credit scores, that their companies keep. With a little creativity, CMOs can work with them to monetize that data to create new products and, in some cases, whole new markets.