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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

Steve Blank

This article previously appeared in the Harvard Business Review. The type of disruption most companies and government agencies are facing is a once-in-every-few-centuries event. Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. Process Versus Product.

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Is the Lean Startup Dead?

Steve Blank

It’s the antithesis of the Lean Startup. But as Carlota Perez has so aptly described, all new technology industries go through an eruption and frenzy phase, followed by a crash, then a golden age and maturity. Then the cycle repeats with a new set of technologies. The Rise of the Lean Startup. And it may work.

Lean 335
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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

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The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

government has been running one of the most audacious experiments in entrepreneurship since World War II. 19 of the 21 teams are moving forward in commercializing their technology. 19 of the 21 teams are moving forward in commercializing their technology. Over the last two months the U.S. This week we saw the results.

Incubator 303
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Hacking for Defense @ Stanford 2021 Lessons Learned Presentations

Steve Blank

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011.

Lean 394
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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. —– Lean Innovation Management. Gore , I’ve found two corporate strategy tools developed by other smart people helpful in bridging Lean Startups with Corporate Innovation. Here’s how.

Lean 120
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10 Tips For A New Venture To Survive The Early Years

Startup Professionals Musings

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. Apply for contests and business grants. In the early days (20 years ago), most new e-commerce sites cost a million dollars to set up.