How the right mix of experience and innovation generates a great start-up top management team.
Content: Article | Author: Nathan Furr | Source: INSEAD Knowledge | Subject: Entrepreneurship
The two fundamental dimensions on which entrepreneurial projects differ are the level of uncertainty – how much is known and how dangerous are the unknowns – and the cost of experimentation. In a recent study, Jackson Nickerson and Robert Wuebker and Nathan Furr used these dimensions of cost and uncertainty to create a 2×2 matrix to identify four zones of development, into which entrepreneurial projects … [ Read more ]
Content: Article | Author: Nathan Furr | Source: INSEAD Knowledge | Subjects: Entrepreneurship, Strategy
Hackers and hipsters may be behind the innovative success of today’s startups, but established companies require a different skillset.
Content: Article | Authors: Ken Gray, Nathan Furr | Source: INSEAD Knowledge | Subjects: Innovation, Strategy | Company: Caterpillar Inc.