What Makes Corporations Stop Innovating?
On the e27 website author and retired serial entrepreneur-turned-educator Steve Blank explores the billion dollar question – why can’t most corporations be as innovative as startups? In a large company, fear of failure inhibits speed and risk-taking while in a startup fear of failure drives speed and urgency. If we could understand the root cause of that difference, we could help build a system for continuous innovation. The best place to start the conversation is with the 21st century definition of a startup: A startup is a temporary organisation designed to search for a repeatable and scalable business model.
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