When you’re in a startup, the first ten people will determine whether the company succeeds or not. Each is ten percent of the company. So why wouldn’t you take as much time as necessary to find all the A-players?.… A small company depends on great people much more than a big company does. — Steve Jobs
Summary. Companies that are equipped with both business and technical skills are disproportionately more likely to introduce new-to-the-market innovations than firms that have only one. However, not all firms that are equipped with both types of skills are able to profit from them. Firms profit disproportionately from a mix of business and techn...
We concentrate on two types of skills that are frequently referred to as the most important ones for the innovation success of a young firm: business skills and technical skills. Technical skills are typically required to implement a new business idea, while business skills are required for conducting market research and finding a promising niche o...
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