Regular price: $1.95

Membership details Membership details
  • A 30-day trial plus your first audiobook, free.
  • 1 credit/month after trial – good for any book, any price.
  • Easy exchanges – swap any book you don’t love.
  • Keep your audiobooks, even if you cancel.
  • After your trial, Audible is just $14.95/month.
  • Get access to the Member Daily Deal
OR
In Cart

Publisher's Summary

Robert C. Merton, a professor of Finance at MIT, reports on how to make good decisions in order to avoid the trade-offs that are inherent in innovation.

This article was first published in the April 2013 issue of Harvard Business Review.

Want more Harvard Business Review?
Subscribe for one month or 12 months.
Get the latest issue.
Check out the complete archive.

©2013 by the President and Fellows of Harvard College, All Rights Reserved (P)2014 Audible Inc.

What members say

Average Customer Ratings

Overall

  • 3.5 out of 5 stars
  • 5 Stars
    3
  • 4 Stars
    0
  • 3 Stars
    2
  • 2 Stars
    0
  • 1 Stars
    1

Performance

  • 3.5 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    2
  • 1 Stars
    0

Story

  • 3 out of 5 stars
  • 5 Stars
    2
  • 4 Stars
    0
  • 3 Stars
    0
  • 2 Stars
    0
  • 1 Stars
    2
No Reviews are Available
Sort by:
  • Overall
    1 out of 5 stars
  • Performance
    3 out of 5 stars
  • Story
    1 out of 5 stars
  • TomK
  • 03-05-15

What was the point of all this?

The author seems to ramble about a bunch of unrelated topics, and never comes to any particular closure or point.