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Should Big Companies Give Up on Innovation?

Harvard Business Review

It’s a common question thrown at me by entrepreneurs, venture capitalists, or the more cynically minded corporate leaders. That is, why bother trying to innovate if no matter what they do, large companies can no longer maintain a sustainable advantage and their life spans are just getting shorter and shorter? “Why bother?”.

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Everything You Didn’t Know You Wanted to Know About the Pallet Industry

Harvard Business Review

The personae include Wharton management professor Daniel Raff, who points out the dangers of Amazon’s growing control over cultural products, and venture capitalist David Pakman, who takes the kind of position a venture capitalist would, namely that publishers need to wake up to the realities of the digital world.

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The Get-Big-Quick Fallacy

Harvard Business Review

Sufficient profits make a business self-sustaining, inoculating ventures against the need to pry money from tight-fisted venture capitalists or often-skeptical corporate investors. We know that the answers we''ll get are nothing more than hypotheses, which will change as the venture gains experience in the market.

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The 4 Types of Small Businesses, and Why Each One Matters

Harvard Business Review

An important but less well-documented type is comprised of an estimated 1 million small businesses that are part of commercial and government supply chains (referred to as suppliers). One might need a bank loan while the other might need a patient equity investor like an angel or venture capitalist.

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The Pitfalls (and Upsides) of Partnering with Entrepreneurs

Harvard Business Review

Often, they come to find that the majority of new ventures don’t understand corporate decision cycles, purchasing requirements, compliance processes, post sales customer service, and the like. Many corporate executives fail to realize just how close to the precipice many startups are. Then there’s the upside.

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Entrepreneurship Always Leads to Inequality

Harvard Business Review

Deservedly vaunted venture capitalist Tom Perkins’ callous, arrogant and elitist recent comments should not serve as an expedient excuse to overlook an important “dirty little secret” about entrepreneurship, the acknowledged engine of economic growth: successful entrepreneurship always exacerbates local inequality , at least in the short run.

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Technology Progresses When Business, Government, and Academia Work Together

Harvard Business Review

The Institute for Applied Cancer Science at MD Anderson (IACS) is exploring revolutionary new cures and the National Network for Manufacturing Innovation (NNMI) is working to revive the US production capacity. Innovating the Innovation Process. A National Innovation Ecosystem.