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Entrepreneurs don’t disrupt, they create value

Posted on May 9, 2014 in Authored, Miscellaneous blogs

“We have dangerous confusions about what entrepreneurs do and how they do it.” In this guest blog, Dan Isenberg argues that Entrepreneurship is the creation and capture of extraordinary value; it is not disruptive innovation per se, and innovation is neither necessary nor sufficient for entrepreneurship. Have we forgotten that disruption is connotatively and denotatively negative? Creation and disruption are virtual opposites. This distinction is both practical and important, because people can create a lot of disruptive innovation while destroying value rather...

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Entrepreneurship Always Leads to Inequality

Posted on Mar 10, 2014 in Authored, Harvard Business Review

Originally published in Harvard Business Review on March 10, 2014 “Inequality is bad.” “Inequality is dangerous.” “Our system is at risk due to increasing inequality.” Wealth inequality is on everyone’s minds these days: citizens, political leaders, economists, policymakers and yes, business leaders. Unfortunately, simpleminded thinking and insensitivity are often clouding the conversation. Deservedly vaunted venture capitalist Tom Perkins’ callous, arrogant and elitist recent comments should not serve as an expedient excuse to overlook an important “dirty little secret” about entrepreneurship, the...

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Not so Tech; Not so Startup.

Posted on Jan 23, 2014 in Authored, The Economist

Originally posted in The Economist on January 23, 2014 Daniel Isenberg, who created the entrepreneurship ecosystem project at Babson Executive Education, thinks that our special report on tech startups, “A Cambrian moment”, promulgates the misimpression that entrepreneurship is exclusively, or even largely, about small, accelerated, lean social media startups. We invited him to write a reply. THE distinction between tech and non-tech entrepreneurship is false. Today, every business venture, entrepreneurial or otherwise, requires technology to be competitive, whether it is...

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The Unexpected Upsides To Business Failure

Posted on Jan 22, 2014 in Interviews and Media Quotes, Miscellaneous blogs, Video

Originally published on WGBH.org on January 22, 2014 If at first you don’t succeed, you could be better off in the long run. It’s not as catchy as the actual saying, but it may be just as apt. As part of this week’s in-depth FOCUS report on second chances, we’re looking at the benefits of failure. And as WGBH News reporterAdam Reilly shows us, some area businesses are embracing failure in surprising ways. GUEST Daniel Isenberg is a professor of entrepreneurship...

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4 Big Myths About Starting Your Own Company

Posted on Jan 21, 2014 in Authored, Bloomberg Businessweek

Originally printed in Businessweek on January 21, 2014 Entrepreneurship has become faddish of late, and business school students are not immune to the fervor. I have devoted more than 30 years to the study and practice of, and investment in, entrepreneurship, and here’s my advice: take a gimlet-eyed look at what the entrepreneurial life entails before you take the leap. Entrepreneurship is almost never about working in flip-flops in an incubator; it is tough work that requires extraordinary effort. It is super full-time...

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