Category: Applied and Practice

When I began considering the question of how a region can create an environment that fosters entrepreneurship, I was struck by the current buzz surrounding “diversity” and “coolness.” These Read more

Developing Competent Owners and Stewards for a Lasting Family Business

The ultimate goal of many enterprising families is growing a prospering organization stewarded by a committed group of united family owners. And while many succeed in developing a successful Read more

Apple has become the standard bearer for products that are both technologically complex and simple to use. The Apple TV remote has two buttons and a ring, whereas the typical cable remote has several Read more

In his book Lean Startup in Large Organizations , corporate innovation expert Jim Euchner offers a systematic approach to successfully implementing Lean Startup practices in established companies, Read more

Most entrepreneurs know the competitors they face today; namely, other businesses that compete for the same customers in the same or similar markets or industries. However, many dissimilar companies Read more

Many business owners get excited about their product and market, but don’t think much about the internal IT their business needs. This may be especially true if you’re selling something that’s Read more

Back in the depths of the Great Recession, two World Wide Web pioneers set up shop on Menlo Park, Calif.’s venture capital enclave, Sand Hill Road. Marc Andreessen and Ben Horowitz of early Web Read more

A prenuptial agreement (prenup) is a legal contract between prospective spouses to modify the terms of their marriage that would otherwise be governed by state law. Although a prenup does not mean Read more

How Family Firms Can Prevent (or Cool Down) Sibling Rivalries

Stories abound about sibling rivalries and family business conflict that have harmed family businesses and the families behind them. For instance, Charles and David Koch were sued by their brothers, Read more

Small companies with a promising technology or service often look to partner with bigger firms to get access to money, distribution channels and manufacturing facilities they need to help their Read more