Compared with start-ups, established corporations have many resources and capabilities that ought to give them a head start: customers, products, operations, licenses, distribution, marketing, and capital. But corporations lack one critical capability: the entrepreneurial muscle to take an idea from small to big, from zero to one. The authors describe a new model-the hybrid start-up-which differs from typical internal corporate ventures. It combines .....more

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Many start-ups experience enormous popularity and runaway growth, but only a few go on to become stable giants. What separates them from the pack? They all go through a developmental stage called extrapolation, say three business school professors. This stage isn''t part of traditional organizational theory, which holds that businesses begin in exploration mode (testing out hypotheses about how they''ll solve problems and learning .....more

Every startup should have a founder''s agreement.

#1 Be passionate about solving a real-world problem.

Teld was one of China''s largest EV charging pile network operators. It was a young company founded by a serial entrepreneur, Yu Dexiang. His first company, TGood, designed and manufactured box-type substations, which represented a relatively small and saturated market. Yu started Teld based on rational analysis of China''s EV industry. His strong vision made him an early starter. He adopted high financial leverage to invest in building .....more

The case, which is set in the period 2014-21, provides an overview of Karma Primary Healthcare''s origin and growth story. It also explores the unfolding growth opportunities, some of which emerged as a consequence of the COVID-19 pandemic. Karma was founded by Jagdeep Gambhir to deliver quality healthcare to communities in rural India. As of 2021, Karma clinics were present at 25 locations in semi-urban and rural India. Nurses at these clinics .....more

Space is becoming a potential source of value for businesses across a range of sectors, including agriculture, pharmaceuticals, consumer goods, and tourism. To understand what the opportunities are for your company, the authors advise you to consider the four ways in which using space could create value: data, capabilities, resources, and markets. For most companies thinking about their space strategy over the next five to 10 years, data will be the .....more