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  • All HBS Web  (8,780)
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  • All HBS Web  (8,780)
    • People  (22)
    • News  (1,110)
    • Research  (6,662)
    • Events  (7)
    • Multimedia  (98)
  • Faculty Publications  (5,983)
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  • April 2013
  • Article

Business Model Innovation and Competitive Imitation: The Case of Sponsor-Based Business Models

By: Ramon Casadesus-Masanell and Feng Zhu
This paper provides the first formal model of business model innovation. Our analysis focuses on sponsor-based business model innovations where a firm monetizes its product through sponsors rather than setting prices to its customer base. We analyze strategic... View Details
Keywords: Business Model Innovation; Imitation; Sponsor-based Business Model; Strategic Revelation; Strategic Concealment; Business Model; Innovation and Invention; Price; Competitive Strategy; Adoption; Value; Duopoly and Oligopoly; Product; Customers; Market Entry and Exit; Monopoly
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Casadesus-Masanell, Ramon, and Feng Zhu. "Business Model Innovation and Competitive Imitation: The Case of Sponsor-Based Business Models." Strategic Management Journal 34, no. 4 (April 2013): 464–482.
  • 09 Nov 2009
  • News

New Book Asks Whether Governments Should be in the Venture Capital Business

  • September 2000 (Revised March 2001)
  • Background Note

Note on Corporate Venture Capital, A

By: Josh Lerner
Provides an overview of corporate venture investment. View Details
Keywords: Venture Capital; Business Startups; Corporate Entrepreneurship; Financial Services Industry
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Lerner, Josh. "Note on Corporate Venture Capital, A." Harvard Business School Background Note 201-036, September 2000. (Revised March 2001.)
  • 17 Apr 2014
  • News

York Street Partners and Busbud Take Top Honors in Harvard Business School Alumni New Venture Competition

  • May 2002
  • Case

Venture Capital Fund Restructuring Vignettes (Abridged)

By: Paul A. Gompers
This case examines the changes in fund structures proposed by four venture capital firms in 2002: Accel Partners, Battery Ventures, Charles River Ventures, and Kleiner Perkins Caufield & Byers. The venture capital market has experienced a major downturn, and these... View Details
Keywords: Venture Capital; Restructuring; Financial Crisis; Motivation and Incentives; Business and Shareholder Relations; Investment Funds; Financial Services Industry
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Gompers, Paul A. "Venture Capital Fund Restructuring Vignettes (Abridged)." Harvard Business School Case 202-126, May 2002.
  • 05 Aug 2014
  • News

Venture Capitalists Coddle Entrepreneurs as Royalty

  • 2021
  • Article

Venture Capital Booms and Startup Financing

By: William Janeway, Ramana Nanda and Matthew Rhodes-Kropf
We review the growing literature on the relationship between venture capital booms and startup financing, focusing on three broad areas: First, we discuss the drivers of large inflows into the venture capital asset class, particularly in recent years—which are related... View Details
Keywords: Venture Capital; Business Startups; Innovation and Invention; Policy
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Janeway, William, Ramana Nanda, and Matthew Rhodes-Kropf. "Venture Capital Booms and Startup Financing." Annual Review of Financial Economics 13 (2021): 111–127.
  • 09 Sep 2013
  • News

Harvard makes space for venture capitalist

  • 10 May 2004
  • Research & Ideas

Rethink the Value of Joint Ventures

For many multinational firms doing business in unfamiliar countries, it made sense to create joint ventures with local firms. After all, that local knowledge of customs, suppliers, and markets could save the... View Details
Keywords: by Cynthia Churchwell
  • January 2002 (Revised August 2006)
  • Background Note

New Venture Financing

By: Howard H. Stevenson and Michael J. Roberts
Describes the various alternative financing alternatives available to new ventures. A rewritten version of an earlier note. View Details
Keywords: Financing and Loans; Business Startups
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Stevenson, Howard H., and Michael J. Roberts. "New Venture Financing." Harvard Business School Background Note 802-131, January 2002. (Revised August 2006.)
  • September 2012 (Revised September 2012)
  • Course Overview Note

Building Life Science Businesses Fall 2012: Course Outline and Syllabus

By: Richard G. Hamermesh and Richard G. Hamermesh
This Course Outline and Syllabus gives an overview of the Fall 2012 class Building Life Science Businesses View Details
Keywords: Healthcare Ventures; Entrepreneurial Management; Entrepreneurship; Entrepreneurs; Health Care and Treatment; Health Testing and Trials; Medical Specialties; Health Industry; Biotechnology Industry; Medical Devices and Supplies Industry; Asia; North America; Europe
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Hamermesh, Richard G. "Building Life Science Businesses Fall 2012: Course Outline and Syllabus." Harvard Business School Course Overview Note 812-167, September 2012. (Revised from original June 2012 version.)
  • February 2011
  • Article

When the Social Structure Overshadows Competitive Incentives: The Effects of Network Embeddedness on Joint Venture Dissolution

By: Francisco Polidoro Jr., Gautam Ahuja and Will Mitchell
The embeddedness of interfirm relationships in a social structure can engender order in new tie formation, but competitive incentives may undermine the order that firms seek to achieve and lead to tie dissolution. We examine how relational embeddedness (history of... View Details
Keywords: Social Structure; Business Enterprises; Strategic Alliances (Business); Business Networks (Research); Competition; Joint Ventures; Alliances; Social and Collaborative Networks
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Polidoro, Francisco, Jr., Gautam Ahuja, and Will Mitchell. "When the Social Structure Overshadows Competitive Incentives: The Effects of Network Embeddedness on Joint Venture Dissolution." Academy of Management Journal 54, no. 1 (February 2011): 203–223.
  • March 2000
  • Background Note

Venture Capitalist as Entrepreneur, The

By: Robert J. Robinson and Noam T. Wasserman
Introduces students to negotiations between venture capitalists (VCs) and the limited partners who provide the VCs' capital. Also discusses negotiations between VCs and other VCs, including those within a VC firm itself. Explores interests, sources of negotiating... View Details
Keywords: Business Model; Venture Capital; Capital; Negotiation Tactics; Entrepreneurship; Financial Services Industry
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Robinson, Robert J., and Noam T. Wasserman. "Venture Capitalist as Entrepreneur, The." Harvard Business School Background Note 800-237, March 2000. (2000.)
  • 17 Sep 2018
  • Blog Post

My Summer as a Venture Capitalist

This summer I had the opportunity to intern at a venture firm based in Boston called Underscore. Their approach during the interview process really stood out to me and set me up for a summer where I was able to make an impact. What do you... View Details
Keywords: Venture Capital / Private Equity
  • 30 Mar 2021
  • Video

Concord Materials Co-Grand Prize Winner 2021 New Venture Competition Student Business Track

  • 30 Mar 2025
  • Video

HydroHaul: Satchu-Burgstone Runner-Up Prize Winner, Student Business Track, 2025 New Venture Competition

  • 30 Mar 2021
  • Video

Hive Health Co-Grand Prize Winner 2021 New Venture Competition Student Business Track

  • February 1998
  • Background Note

Contracting and Control in Venture Capital

By: Paul A. Gompers
Discusses the control mechanisms and contracts utilized by venture capitalists. The emphasis is on understanding potential conflicts of interest and how the contracts mitigate those conflicts. View Details
Keywords: Venture Capital; Governance Controls; Contracts; Business or Company Management; Conflict of Interests
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Gompers, Paul A. "Contracting and Control in Venture Capital." Harvard Business School Background Note 298-067, February 1998.
  • Video

Vaxess Technologies - 2013 HBS Alumni New Venture Competition Business Track Winner

  • February 2002 (Revised April 2002)
  • Case

Chengwei Ventures and the hdt* Investment

By: G. Felda Hardymon, Josh Lerner and Ann Leamon
Bo Feng, cofounder and principal in Chengwei Ventures, one of the first sovereign venture capital firms in China, is trying to decide on the proper business model for hdt, the product of a merger between two portfolio companies. This case discusses the best way for the... View Details
Keywords: Venture Capital; Mergers and Acquisitions; Customer Relationship Management; Sovereign Finance; Management Analysis, Tools, and Techniques; Entrepreneurship; Internet and the Web; Applications and Software; Markets; Business Model; Financial Services Industry; China
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Hardymon, G. Felda, Josh Lerner, and Ann Leamon. "Chengwei Ventures and the hdt* Investment." Harvard Business School Case 802-089, February 2002. (Revised April 2002.)
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