The Advantage Of Tolerating Failure
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Magazine: Fall 2009
- Opinion & Analysis
- Read Time: 1 min
When venture capitalists are more tolerant of failure, the successful companies in their portfolio tend to be more innovative.
Tracy Y. Wang
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Free Article
The importance of tolerating failure
- Blog
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.
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