article thumbnail

Is a Venture Studio Right for You?

Steve Blank

Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. But these look for founders who have a technical or business model insight and a team. They then transfer the IP and build the startup inside the venture studio.

article thumbnail

How to Protect IP When Outsourcing Software Development

Up and Running

The best thing you can do is create an IP protection strategy and document it in a business plan , so you’ve integrated it into your larger business strategy. It’s a way to reduce your business’s risk. Protect your IP with a carefully-crafted contract. IP assignment clause. Start with a contract.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What intellectual property (IP) steps should a startup take?

NZ Entrepreneur

IP steps for startups should be the same as for large multinationals, but within their budget. Make IP decisions and do so early. One of the main (and early) steps is to make a considered decision about what IP means to your business and what IP tools will be used to support your business model.

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

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.

article thumbnail

Five Pitfalls to Avoid When Offshoring Software Development

The Startup Magazine

Doesn’t it seem to you that all the benefits of this business model are too good to be true? If you’re considering it for your business, check some of the most wide-spread pitfalls, as you should be ready to face some of them when delegating your activities abroad. #1 1 Failing to choose a proper business model.

article thumbnail

The Next Entrepreneurs And Startups

YoungUpstarts

Perhaps more than any other industry, hospitality needs the help of innovators who can help them turn a profit when the core aspects of their business model have been upended. Reaching out to experts and soliciting advice to protect your valuable IP will help you maximize your assets effectively. Hospitality.