Where Einstein Meets Edison

Exploring the Limits of Social Connections in Entrepreneurship: Friends as Shades

Exploring the Limits of Social Connections in Entrepreneurship: Friends as Shades

Mar 22, 2011

Could having friends be bad for business? In the first installment of this two-part series, we explored social dynamics that could “turn friends into chains.” In this second article, we focus on a more subtle and perhaps more harmful aspect of social connections: their blinding potential. In social network research, the idea that social connections have a...

Exploring the Limits of Social Connections in Entrepreneurship: Friends as Chains

Exploring the Limits of Social Connections in Entrepreneurship:  Friends as Chains

Dec 31, 2010

What if having social connections was actually bad for business? The idea sounds incongruous after decades of business schools preaching in favor of “networking”. Now, after years of fruitful exploration of the positive aspects of social relationships, management scholars are also starting to understand their limits. It even appears that the power of...

Do You Have the Right Stuff? The Five Labors of the Entrepreneur.

Do You Have the Right Stuff?  The Five Labors of the Entrepreneur.

Dec 30, 2010

Researchers have developed different – sometimes conflicting – perspectives on entrepreneurship. However, beyond the debates opposing various academic schools of thoughts, many deep insights have been developed over time.  These insights have shown that entrepreneurship is precisely not an option like many others. Here is...

Eyes Wide Open: When Do New Entrepreneurial Opportunities Emerge?

Eyes Wide Open: When Do New Entrepreneurial Opportunities Emerge?

Oct 19, 2010

It’s hard to go to a social event anywhere on campus at MIT without finding several students who want to start their own company. Yet many would-be entrepreneurs never actually start their firm because they lack a breakthrough idea. Others do manage to put together an entrepreneurial team, but in the end, they fail to convince investors (or the 100K jury) of...

Are Entrepreneurs the Source of Economic Crises?

Are Entrepreneurs the Source of Economic Crises?

Sep 14, 2010

Entrepreneurship is often depicted as the solution to society’s problems, the sure path to higher economic growth for nations. Countless journal articles and books have glorified entrepreneurs, turning the Gateses and Zuckerbergs of the world into celebrities and icons. In this concert of praises, casting a critical eye onto entrepreneurship has become a...