A new organization often encounters the liability of newness that increases its chance of failing as a startup enterprise (Freeman, Carroll, and Hannan 1983). New organizations located in a foreign country also face the liability of foreignness (Zaheer and Mosakowski 1997), as cultural differences make new foreign ventures especially risky.…

America's great public universities were founded with the highest expectations of academic excellence and service to their states. Overall, these institutions, often called the "flagship universities," do a poor job of ensuring that undergraduate students engage in an intellectually vibrant campus culture and leave with a solid…