The incubator’s black Box: A CoBS Research Pod
Studies show that up to 70% of startups close shop after three years. So what factors lead to startup survival? Research from Prof. and Deputy Dean Tales Andreassi of FGV-EAESP opens up the insides of incubators to reveal how they can determine whether a startup succeeds or fails.
It’s an exceptional fact: politicians, economists, academics and professionals themselves all agree on one thing. The thing in question? That new business brings adrenaline to a country’s economy and helps it stride onwards towards growth.
But despite this, start-ups suffer – from both newness on the market, their smallness, lack of legitimacy and connections, fewer resources and less access to knowledge than their grown-up counterparts – and this suffering often provokes a high failure rate. This high failure rate – 30-40% in their first year according to OECD figures – can actually spur governments to try to compensate for market failures, one type of state intervention being the nurturing of start-ups in business incubators.
The incubator’s black Box: A CoBS Research Pod: The fifth in a series of Council on Business & Society condensed learning capsules inspired from internationally published research in the fields of CSR, management and leadership, HR, finance and reporting, social enterprise, entrepreneurship, philanthropy, and sustainable business practices.
The incubator’s black Box: A CoBS Research Pod – for managers, entrepreneurs, leaders, instructors and those with an interest in research with an impact. Ramp up your knowledge, improve your teams, gain in leadership, reshape your business or give your teaching, training or coaching a new dynamic.
The 3 Ps in a CoBS Pod
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The Council on Business & Society (The CoBS), visionary in its conception and purpose, was created in 2011, and is dedicated to promoting responsible leadership and tackling issues at the crossroads of business and society including sustainability, diversity, ethical leadership and the place responsible business has to play in contributing to the common good.
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