While providing resources and reducing barriers to new startups is important, we should not ignore the needs of scale-up companies.
Innovating in health care is not just hard and expensive—it is REALLY hard and expensive.
Startups need to consider three challenges that surround innovations and IP.
We will be electing a president every four years, but who knows how long your family will be with you?
Hoosiers might be familiar with the term “pivot” from basketball, where you keep one foot in place (the plant foot) and move the other foot around to shift direction or get leverage.
The reality is that the entrepreneurial journey is not even a process of solo creation but rather is one of co-creation.
What many people don’t realize is that the Titanic was the White Star Line’s solution to a hyper-competitive market—its own form of disruption.
Losing a key team member or a major customer, or having a product fail in the field, can lead to significant declines in revenue, customer trust and optimism.
Entrepreneurs have to constantly pitch different things to different people at different stages in the life of their ventures.
The choice to vertically integrate comes down to four factors, including the source of competitive advantage and strategic goals, the risks of outsourcing, the importance of technical capabilities, and costs.
Regardless of the analogy, a startup team must incorporate diverse talents but with a common set of core values and a passion for the problem being solved and the solution.
Depending on the organization, intrapreneurs can be successful and find meaning by thinking differently and contributing to a larger whole.
As the excitement of the Winter Olympics fades in the rearview mirror, we reflect again on the rewards and risks of striving for excellence.
We all love watching people strive to do something they’ve never done before: Progress a category to new levels or overcome adversity to accomplish a new high.
Too often, business owners get so caught up with working IN the business that they forget to work ON the business.
People are often surprised when we describe our professor roles as entrepreneurial. While classes and some topics might be prescribed, how we deliver content (value) to our students and what resources we use (books, articles, simulations, etc.) are based primarily on our own entrepreneurial choices.
You might have missed it, buried deep in the multiple channels and time-zone differences, and between swim sets and track runs, but sport climbing made its inaugural appearance in the Olympics this year.
So we’ve got a genius idea, to which a number of geniuses have contributed. Is that enough for it to break out? Sadly, no.
We often hear people talk about the “first-mover advantage.” In reality, academic research suggests the opposite. First movers rarely reap all the benefits of their disruption. In