Faculty Research Online From HBS Working Knowledge
HBS Working Knowledge is an online forum for innovation in business practice, offering a first look at new thinking from HBS faculty. Read the complete articles summarized below by visiting their Web links.
The Money Connection: Understanding VC Networks
Venture-capital firms often consider investments in companies located far away or in unfamiliar industries. How do they spot these opportunities and also reduce risk? It’s the power of networks, says Professor Toby Stuart, adding that how they work in venture capital is just now starting to be understood. Visit http://hbswk.hbs.edu/item/5506.html.
India Needs to Encourage Trade with China
Although India and China have increased bilateral trade over the last five years, the amount is far less than what would be expected. Professor Tarun Khanna says India has mainly itself to blame. Visit http://hbswk.hbs.edu/item/5573.html.
Open-Source Science: A New Model for Innovation
Borrowing a practice that is common in the open-source software community, Assistant Professor Karim Lakhani and colleagues decided to see how “broadcasting” might work among scientists trying to solve scientific problems. The results are promising for many types of innovation, as he explains in this Q&A. Visit http://hbswk.hbs.edu/item/5544.html.
Rich or Royal: What Do Founders Want?
It’s a fundamental tension many entrepreneurs face: the conflict between wanting to become rich and wanting to maintain control of their new company. Few can have both. Assistant Professor Noam Wasserman discusses his research into the motivations of entrepreneurs and the people who invest in them. Visit http://hbswk.hbs.edu/item/5543.html.
Improving Public Health for the Poor
Microfinance may help improve access to health care for the poor, says Senior Lecturer Michael Chu. He and colleagues at the Harvard School of Public Health have embarked on a new project to serve this critical sector. Bringing together public health care and market forces “could have a huge impact,” he says. Visit http://hbswk.hbs.edu/item/5559.html.
