article thumbnail

Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

From that day on, when I got asked about which corporate innovation program had the best process for idea selection, I started my list with Qualcomm. This is part 2 of Ricardo’s “post mortem” of the life and death of Qualcomm’s corporate entrepreneurship program. Part 1 outlining the program is here. Read it first.

article thumbnail

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

article thumbnail

10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

Overall I like the principles in the classic book “ Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival ,” by Robert F. A technical champion may drive a specific innovation, but the business leader has to own the result, in order to drive an appropriate business model, customer acquisition, support, and a growth strategy.

article thumbnail

Why Lean May Save Your Life – The I-Corps @ NIH

Steve Blank

you make substantive changes to one or more parts of your initial business model, and this new data affects your biological and clinical hypotheses. assess intellectual property and regulatory risk before they design and build. The reality is that as you validate the commercial hypotheses (i.e.

Lean 271
article thumbnail

8 Entrepreneur Mistakes That Turn Off Real Investors

Startup Professionals Musings

Undefined business model or very low gross margins. Marketing programs and distribution channels are required for even the best solutions, with an appropriate and viable rollout and growth strategy. Lack of intellectual property. All internal teams need to have relevant skills and experience.

article thumbnail

10 College Business Incubators We’re Most Excited About

YoungUpstarts

Follow along as we explore 10 of the most exciting college business incubators around today, and be sure to share your own favorites in the comments: Entrepreneurs Hall @ The RIT Global Village. Offering a “holistic entrepreneurship program,” this residential community has entrepreneurship at every step of the college experience.

Incubator 202