Tag Archives: Drug Development

Balancing startup success and failure: how VC investors can tip the scales

Recently, I’ve come across an interesting paper, “Tolerance for Failure and Corporate Innovation,” published in 2011 by Xuan Tian of Indiana University and Tracy Yue Wang of University of Minnesota. Tian and Wang studied the relationship between venture capital (VC) … Continue reading

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The first rule of crowdsourcing: know what you want, understand what you need

I like to argue (for example, here) that the most important factor that defines the ultimate success or failure of any crowdsourcing campaign is the ability to properly identify and articulate the problem–technological, business or social–that the crowd will be … Continue reading

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Get it right: how to help startups succeed

Given the increasingly important role startups and other small businesses play in today’s economy, supporting them should be considered a policy that will have a profound positive effect on the global economy. From this perspective, pinpointing factors casing startups fail is … Continue reading

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The Art of Killing (a Project)

(This post first appeared on the Front End of Innovation Blog) As innovation becomes an increasingly popular topic in business literature, social media and public discussions, it also turns into a powerful magnet for clichés. One of the most used, if … Continue reading

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Do you know the age of your child? (Toward the biomarkers of childhood)

How often, when taking an over-the-counter drug, did you read the following note on the label: “adults and children 12 years of age and over: one tablet; children under 12 years of age: ask a doctor”? Pretty often, I guess. And … Continue reading

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What Can Crowdsourcing Do?

I’m often asked questions about crowdsourcing. Usually, they’re revolving around this central theme: what can crowdsourcing do? Can crowdsourcing solve this problem? Can crowdsourcing solve that problem? On occasion, a more perceptive question is posed: can crowdsourcing define a problem? … Continue reading

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All Innovation Is Local

I like this phrase: all politics is local. Ascribed to the late Speaker of the U.S. House of Representatives Tip O’Neill this phrase means that all political decisions, regardless of their purpose and scale, must take into account the interests … Continue reading

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