“Structured management practices include for example, quality checks and reducing defect rates, hiring and firing based on performance, and tracking and achieving targets of production. Firms who follow these practices have higher profitability, higher innovation rates and lower rates of exit”. An interview with Megha Patnaik

Access to funding means greater success opportunities for startups. The “crowd” can be generous, as well as helpful in promoting new ideas on marketing and product development, according to a study on 60 European startups by professors Di Pietro (LUISS), Prencipe (LUISS) and Majchrzak (University of Southern California)