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And the data are clear that the biggest driver of performance in complex industries like software is serendipitous interaction.
The Cambridge phenomenon has functioned as a honeypot attracting venture capitalists, big consultancy firms, bankers and other specialist organisations that attend to the needs of growing firms in complex industries.
Lawyers call this "royalty stacking," and it can be a big problem in complex industries like smartphones.
Shaping collaboration in the new product development (NPD) has always been a very difficult task, especially in complex industries like the automobile one.
A regulatory rather than structural approach to deep-seated problems in complex industries like banking and health care is also vulnerable to the inevitable erosion that occurs when industry lobbyists insert themselves into the regulatory process.
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Our hope is that we can help him with a few tricks we've seen work along the way in similarly complex industries".
All immigrants will seek employment in the complex industry in the host country because only in the X industry are they are rewarded more, as compared to their country of origin, for reducing moral hazard.
Banks, as one of the most complex industries in this rapidly changing high-tech world of computers and telecommunications, need to be flexible enough to respond rapidly to change and also to keep up with stiff competition.
He added, "It's a very complex deal in a complex industry, and it will take several years to judge who was right".
However, it can take months to find someone who not only has a spotless résumé, but also the skills to steer the company operating in a complex industry.
When doctors go into private practice, they learn about profits and losses on the job, in a complex industry that is subject to large-scale forces beyond the control of most individuals.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com