For many startup businesses, overcoming a lack of resources often proves to be an insurmountable hurdle, resulting in failure. Entrepreneurs would do well to examine innovative methods of commercializing their ideas and taking the time to understand the role strategy plays in order to accelerate their ventures – thereby creating and capturing value in a competitive environment. Dr. Scott Stern, David Sarnoff Professor of Management of Technology and Chair of the Technological Innovation, Entrepreneurship, and […]
Entitled “Global Bio-Nano Firms: Exploiting the Confluence of Technologies”, the study shows that the integration of knowledge from the biotech and nanotech spheres has been driven by so-called “De Novo” firms — technology start-ups typically borne of research labs and tightly integrated with universities. The radical innovation at the heart of this emerging space — described as the birth of a new sector — opens up opportunities for new companies at the intersection of these two fields.
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