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How To Find the Right Co-Founders?

Steve Blank

For medical devices it might be mechanical engineering, clinical trials, regulatory approval, freedom to operate (intellectual property) and figuring out a reimbursement strategy. Therefore the ideal medical device team might be a physician; engineer; operator; business development/financial analyst.

Cofounder 335
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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. “Customer Development” to test the hypotheses outside the building and. Teams talk to 10-15 customers a week and make a minimum of 100 customer visits.

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

Steve Blank

After seeing the process work so well for scientists and engineers in the NSF, we hypothesized that we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently. assess intellectual property and regulatory risk before they design and build.

Lean 269
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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. Their leadership has shown incredible foresight in engineering an amazing economic engine and formidable military.

China 323
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Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

I earnestly believe that large corporations should emulate Lean Startups (Business model design, Customer Development and Agile Engineering.) Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching. Lessons Learned.

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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. Their leadership has shown incredible foresight in engineering an amazing economic engine and formidable military.

China 215
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Eureka! A New Era for Scientists and Engineers

Steve Blank

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. billion U.S.

Engineer 278