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When Companies Want to Innovate, But Investors Won’t Let Them

Harvard Business

Businesses understand the power of digital innovations to reshape industries and markets. Yet, time and again, they have struggled to innovate with new and disruptive technologies. In our research , we first examined the drivers of firms’ investments in digital innovation and their subsequent market valuations.

Company 30
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For Some Platforms, Network Effects Are No Match for Local Know-How

Harvard Business

Three months after the sale, in June 2018, Toyota decided to pour $1 billion into Grab, in a bid to expand other offerings in the region including food delivery and electronic payments. Uber’s setback in the international market, however, wasn’t its first. When and how can a smaller local player fend off a global giant?