The Enterprising Issue
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Impactful research and thought leadership from INSEAD, The Business School for the World
What is the special sauce behind successful entrepreneurship and innovation? Is it the skills acquired at a prestigious business school? Is it open collaboration between start-ups and established corporations? How about a scientific approach, or enthusiasm for tackling challenges faced by society?
It’s all of the above, going by the research and insights of 欧洲工商管理学院 (INSEAD) faculty and alumni. Find out more in the articles below.?
An MBA has long been seen as an important step towards traditional leadership roles, but it hasn’t quite attained the same status in start-up circles. A new survey of INSEAD alumni reveals that founders may yet further their entrepreneurial aspirations with an MBA education.
As INSEAD’s Henrich R. Greve and Francisco Veloso write, going to business school allows leaders to sharpen their entrepreneurial skillset, receive a rigorous education grounded in real-world impact and forge connections with fellow entrepreneurs – all of which could prove essential on the road to start-up success.
Collaboration can hold the key to solving innovation challenges. Yet, it’s far from easy for large corporate Goliaths to work with nimble entrepreneurial Davids because of their many differences.
INSEAD’s Andrew Shipilov and Nathan Furr , together with Tobias Studer Andersson of Sopra Steria Scale up, break down key findings from a survey on open innovation that examined corporate-start-up partnerships across Europe. They explore the reasons why open innovation efforts can fail and offer insights on how to get it right.
Entrepreneurs have long sought novel formulas in their quest for success. INSEAD's Chiara Spina and her collaborators found that the most potent tool might be one that's centuries old: the scientific approach.
Start-ups that were trained by the researchers to use this approach were more likely to weed out unviable ideas, pivot to more promising directions and generate more revenue than those in a control group. This approach could benefit not just entrepreneurs but also investors and policymakers in evaluating and supporting new ventures.
The main sustainability challenge today is not a lack of enthusiasm, but rather translating that enthusiasm into strategic action. It starts with defining a specific challenge, before exploring opportunities to turn it into a positive impact.
INSEAD’s Karel Cool has developed frameworks and tools to analyse sustainability opportunities from a strategic perspective. He highlights four companies – all founded by INSEAD alumni – that are economically viable, benefit society and meet consumer needs.
We hope these articles have stirred the intrepid entrepreneur and innovator in you. For more insights, read the latest research round-up by Dean of Research and Innovation Lily Fang , and learn how to create value from generative AI in this INSEAD Explains video series .
Have a knowledgeable day ahead!
The INSEAD Knowledge team
Externalisation performante des processus d'acquisition et de services clients en conjuguant talents et technologies.
3 周Partnering with quite a few tech startups in the field of customer service management and BPO, what I found out is that the startups' biggest asset is also their biggest flaw: they are out of touch with the market. On one hand it gives them the opportunity to bring innovative out of the box solutions which is extremely valuable. On the other hand, it is often difficult to put a price tag on those new ideas because the market is caught by surprise and cannot monetize thoseinnovations. Not to mention that making those new solutions scalable can be very challenging. The way forward ? Probably developping smart and flexible partnerships between startups and more established companies.
Founder & CEO, Sirāt: Enabling the path to NetZero | INSEAD Alumnus
1 个月Great to read the frame works and tools getting created around sustainability. We at Sirāt has created frameworks and an AI enabled NetZero platform to identify, measure and reduce the carbon footprint generated from diverse marketing operations. As a proud INSEAD alumnus will be happy to connect and talk more on what we have built to promote sustainable marketing.