Entrepreneurship & innovation
Too often, well-meaning aid programs meet bare-minimum standards of quality — just “good enough” for the world’s poorest people. But by addressing “wicked problems” through the lens of design thinking and a social business model, one public-private partnership has been able to improve the health and livelihood of residents in eastern Congo.
No event in modern history has driven so much change, so fast, as the coronavirus pandemic. In a world beset by the challenges presented by COVID-19, can we look into the minds of entrepreneurs to discover how businesses and individuals might start to rebuild?
COVID-19 is a disaster for public health and the economy. Yet there may be a glimmer of a silver lining for the natural environment: By year end, the globe may see the biggest dip in carbon emissions on record. Investment in next-generation clean energy now could restore jobs, provide new ones, drive economic growth and lock in environmental gains.
While the future has always been unpredictable, the global uncertainty caused by the novel coronavirus is at a record high. To help us steer through this unprecedented crisis, Professor Saras Sarasvathy shares insights on entrepreneurial decision-making and offers four strategies seasoned founders use to turn uncertainty into opportunity.
Does career risk inhibit entrepreneurship? Research from Darden Professor Ting Xu and colleagues shows the effect of leave policies on entrepreneurship and explores the extent to which longer job-protected leave leads to new ventures, creating jobs in industries in which experimentation before entry has low costs and high benefits.
The old normal is history. But the world will not stay still, and technology will advance, its adoption even accelerated due to COVID-19. Ed Hess discusses the need for democratization of technology and its potential to address societal challenges including income inequality, low social mobility, the expense of health care and access to education.
China’s progress towards modernization and marketization gave women unprecedented opportunities to launch and scale private enterprises and make billions in the process. Professor Ming-Jer Chen shares insights on how China managed to forge a new class of super-successful female founders.
Businesses large and small are in a fight for survival as the coronavirus pandemic brings economic activity to a near complete standstill. Professor Greg Fairchild provides insights on what small businesses can do to survive months of lost revenues amid mounting costs and what they can do now to thrive in whatever the "new normal" for commerce.
Peloton disrupted the home fitness space, bringing a boutique exercise experience to users’ homes and reaching a value of $4 billion by spring 2019. It was a complex business model of factors ranging from interactive technology to star power to retail success to connection to a firmly connected social media community.
The actions taken by retail health clinics — small primary care clinics located within retail outlets like Walmart’s Care Clinics or CVS’ MinuteClinic — will have a significant impact on public safety, and their actions may prevent the COVID-19 pandemic from overwhelming the U.S. health care system. Darden Professor Dennie Kim explains.