Steve Blank

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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. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

If they decide to buy, large companies can: license/acquire intellectual property. Large corporations come to the valley to looking to acquire both startups which are searching for a business model and early-stage companies which are executing. Five Types of Innovation to Buy.

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The 47th (-46) International Business Model Competition

Steve Blank

When founders discover their assumptions are wrong, as they inevitably will, the result isn’t a crisis , it’s a learning event called a pivot — and an opportunity to update the business model. Business Model Versus Business Plan. for startups created from university intellectual property to number one.

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

Steve Blank

The traditional model of how to turn scientific discovery into a business has been: 1) make a substantive discovery, 2) write a business plan/grant application, 3) raise funding, 4) execute the plan, 5) reap the financial reward. assess intellectual property and regulatory risk before they design and build.

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

Steve Blank

Eventually Qualcomm did create a corporate incubator to handle projects beyond the scope of traditional R&D, yet too early to hand-off to existing business unit). It gets really tough when these projects are launched and have to fight for survival against current corporate business models.

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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. If you’re a software startup competing in China, the words that come to mind are “ruthless and relentless.”

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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. If you’re a software startup competing in China, the words that come to mind are “ruthless and relentless.”

China 215