Silicon Valley is obsessed with business models. It’s one of the first questions we ask about any new venture: “What’s the business model?” When I was teaching Entrepreneurship in High Technology at Stanford in the early 1990s, and later...
A few weeks ago I was meeting with a woman at Stanford. She is a Visiting Scholar, from Kyushu University where she studies innovation in the Japanese automotive and semiconductor industries. Over coffee at Bytes, she shared with me her model of innovation. In it,...