Public & Private Institutions

    Public and private institutions both have a role to play in innovation by shaping and creating markets. The question is how public organizations should be structured to better accommodate risk-taking and build the capabilities to manage the challenges created by disruption.

    Narrow by:

    Narrow results by…

    The Functions of the Stock Market and the Fallacies of Shareholder Value

    Conventional wisdom has it that the primary function of the stock market is to raise cash for companies for the purpose of investing in productive capabilities. The conventional wisdom is wrong. Read more