Portfolio of Relationships as a Differentiating Asset
Portfolio of Relationships as a Differentiating Asset
An assistant professor of management at the Franklin P. Purdue School of Business at Salisbury University has studied the rise of Silicon Valley. In his research, he points to the fact that venture capital attracts a lot of ideas, which in turn attract a stronger portfolio of relationships. This genesis of an ecosystem fascinates newcomers who are plugged into existing relationships of seasoned professionals, which allows the right teams to assemble great technology ideas much more quickly than anywhere else in the country. They understand, embrace, and apply adaptive innovation at a much faster rate. They test ideas, fail, learn, reinvent, repurpose, and reintroduce groundbreaking approaches much faster than anyone else in the world.