article thumbnail

How Corporate Venture Capital Helps Firms Explore New Territory

Harvard Business Review

Two in particular are corporate venture funds, which invest in start-ups outside companies'' walls, and internal idea contests. Corporate R&D too often focuses on refining technologies that are already in use. But cutting back on research funding doesn''t work either. You can see why: For decades in the U.S.,

article thumbnail

How Corporate Venture Capital Helps Firms Explore New Territory

Harvard Business Review

Two in particular are corporate venture funds, which invest in start-ups outside companies’ walls, and internal idea contests. Corporate R&D too often focuses on refining technologies that are already in use. But cutting back on research funding doesn’t work either. You can see why: For decades in the U.S.,

Insiders

Sign Up for our Newsletter

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

article thumbnail

A New CEO's Reinvention Road Map

Harvard Business Review

We're fortunate to own a leadership position amongst our traditional competitors but recognize that we're at a point at which our benchmark must move. But technology innovation is a powerful draw and, in business, when an opportunity arises, there is no shortage of players getting into the game. Reinvention is hard and frightening.

CEO 8
article thumbnail

What the CVS-Aetna Deal Means for the Delivery of U.S. Health Care

Harvard Business Review

Think about it: If our military can create a highly complex surgical theater anywhere in the world within hours, it’s not a stretch to think the knowledge and technology exists to take care of elderly, sick people in their own homes. Hospitals are in a challenging position. But back to the insurers.

article thumbnail

The Danger of Turning Cynical About Silicon Valley

Harvard Business Review

Though economic growth remains a highly uncertain area of study, virtually all economists agree that technological innovation plays a central role. Tech startups play a critical role both in driving technological innovation forward and in bringing it to market.

article thumbnail

Midsized Firms Can’t Afford Bad Bets

Harvard Business Review

Even what appears to be a small investment risk can turn into a big one, especially when information technology comes into play. BlueArc was venture-funded, but in 2008 VC money was getting hard to find. Martig was a seasoned CFO with years of forecasting experience in technology firms. Forecasting acumen.

CFO 8
article thumbnail

Make Your Competition Work for You

Harvard Business Review

Both now lead with the same processors, but Dell offers custom system configuration at ship, while HP capitalizes on more impressive display and battery technology. For example, IBM , Intel , and other large companies routinely allocate and manage venture funds to invest in startups with new technology that may compete with their own.

Travel 15