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Five Unicorn Scaleup Strategies

Leapfrogging

He’s the author of numerous books and an expert on how lean principles can be used to drive innovation. based software companies started since 2003 and valued at over $1 billion by public or private market investors. Your subtitle refers to “lean” principles; I’m assuming they respond to these restraining forces?

Strategy 130
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Business model creation and innovation in China: not just copycats.

The BMI Lab Blog

Lean value” focus: This approach is supported by the nature of the market. It is full of entrepreneurs, customers, markets and capital that happen at the same time. So, probably dozens of entrepreneurs are working on the same idea at the same time; the market will falsify most wrong assumptions quickly.

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Open Innovation: definition, what types and benefits

mjvinnovation

We could summarize open innovation as the use of inflows and outflows of knowledge to accelerate internal innovation and expand markets. In his book, Open Innovation: The New Imperative for Creating and Profiting from Technology (Harvard Business School Press – 2003), researcher Henry Chesbrough coined the term Open Innovation.

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How to Test the Viability of a Multi-sided Business Model

Leanstack

Last time, I showed you how to model a multi-sided business using a Lean Canvas. Myspace launched in 2003 and grew to 5 million users within a year. The derivative currency exchange rate is the current market rate for your user asset. Friendster launched in 2002 and grew to 3 million users in two months.

How To 52
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Open Innovation: Convincing the Decision Makers

eZassi

It almost seems counterintuitive that the same leaders who were responsible for launching and cultivating a successful business, would be resistant to change even in the face of evolving markets. This is understandable, especially since the term “open innovation” only became a part of the corporate lexicon around 2003.

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11 Paradoxes of Entrepreneurial Thinking: why entrepreneurship can hardly be taught

Open Innovation EU

Whereas Schumpeter describes an entrepreneur as disequilibrative – destroying the pre-existing stage of the equilibrium ((Kirzner, 1999) – Kirzner chooses to describe the role of the entrepreneur as more equilibrative – entrepreneurs systematically displace disruptive conditions in order to create stabilized market conditions (Kirzner, 1999).

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Telecom's Competitive Solution: Outsourcing?

Harvard Business Review

Google has its own contender in the market, Google Voice. But a solution could come by following the example of the lean, agile, and India-based company Bharti AirTel Limited. Bharti has enjoyed compounded annual growth in sales revenues of 120% and growth in net profits of 282% per year between 2003 and 2010.