ASHOK PRABHU’s Post

View profile for ASHOK PRABHU

Certified Independent Director| LinkedIn Top Leadership Voice 2024, Top Management Voice 2023 | Member of Atos Global Delivery Centre India Leadership Team | Grow More Coach| Member, NASDAQ Center for Board Excellence

When it comes to sharing ideas, how much does close proximity matter? Short answer - Magic happens within 20 meters ! #Startups within 20 meters of each other influence each other the most in the choice and implementation of web technologies. According to a study, working within that short distance increases a company’s probability of adopting a neighbor’s technology by 3 percentage points. Beyond 20 meters, the influence of proximity declines quickly. The study found that doubling the distance between two firms reduced the probability of technology adoption by 1.7 percent. Startups over 20 meters apart “behave as if they are on different floors altogether,” Harvard Business School #Collaboration #Innovation

To view or add a comment, sign in

Explore topics