Going Asset-Light Can Boost Startups
The Entrepreneur website quoted Henry Chesbrough: “In a world of abundant knowledge, not all smart people (will) work for you” and went on to say: “The ability to generate a new idea, execute on it and democratize it (by getting it adopted) is critical for any innovation to become meaningful. When founders and entrepreneurs focus on what they do best while gathering complementary capabilities and input from outside of their immediate environment or backgrounds, ideas have the potential of becoming even better while execution in a partner network is often more effective. Leveraging the capabilities, resources and perspectives that exist in your network of business partners often leads to better innovation.”
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