Tag Archives: U.S. Small Business Administration

The Game of Acceleration

What helps startups succeed? One of a few factors identified so far is providing startups with mentoring. According to the U.S. Small Business Administration–and a 2014 similar study in the U.K.–small businesses receiving mentoring services survive longer than non-mentored enterprises. This fact points … 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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When it comes to (some) startups, ideas do matter

The rate of startup failure remains depressingly high: 55% of startups close before raising $1M in funding, and almost 70% of them die having raised less than $5M. So the question “Why do startups fail?”–or succeed, if you prefer a … Continue reading

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Can we make crowdsourcing available to small companies?

Crowdsourcing is a powerful open innovation tool allowing organizations to tap on the collective wisdom of their own employees (internal crowdsourcing) or pools of external talent around the world (external crowdsourcing). Internal crowdsourcing (usually managed through Internal Innovation Networks) can be … Continue reading

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