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Taking Risks in Academia for Innovation
Taking risks that would be considered career suicide in academia can lead to significant career advancements in other contexts, such as at Stanford University, where innovative actions are highly valued. One example is the creation of the Stanford Research Park by carving out part of the campus for commercial use, leasing space to corporations and the government to spur innovation and economic growth. This initiative has led to the development of a thriving ecosystem on campus, with companies like HP, Hewlett Packard, Tesla, and VMware locating their offices there.