Failure

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017-Strategy-500
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The importance of tolerating failure

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A new working paper tackles an interesting topic: the relationship between tolerance for failure and innovation. In particular, authors Xuan Tian and Tracy Y. Wang looked at venture capitalists' tolerance for failure  -- and its effect on the innovativeness of the young companies they invested in.

023-Innovation-500
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Encouragement for innovators

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Innovating  in difficult economic times can be discouraging. With that in mind, here's an upbeat video clip from Tom Kelley, general manager of IDEO, the well-known design firm. Kelley spoke at Stanford a few months ago on the topic of "how to be an innovator for life."

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