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Two Pieces of Advice That Changed My Entrepreneurial Life - Forbes

Two Pieces of Advice That Changed My Entrepreneurial Life - Forbes | Start Ups | Scoop.it
Two Pieces of Advice That Changed My Entrepreneurial Life Forbes In college, career services and advisors push students to get jobs through career fairs, on campus recruiting and a myriad of other ways that result in 20% of students getting jobs,...
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Rescooped by Helen Chao from Digital Marketing
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Ten Steps to Surviving a Start-Up | Jason Parman | DrivingSales

Ten Steps to Surviving a Start-Up | Jason Parman | DrivingSales | Start Ups | Scoop.it
DrivingSales.com is a car dealer social network for sharing dealership best practices.

Via Bill Cosgrove
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Rescooped by Helen Chao from Dual impact of research; towards the impactelligent university
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Nascent Academic Entrepreneurs Face Unique Challenges, Conflicts in Taking Innovations from University Lab to Market

Nascent Academic Entrepreneurs Face Unique Challenges, Conflicts in Taking Innovations from University Lab to Market | Start Ups | Scoop.it

New technology innovations – and the startup companies formed to commercialize them – increasingly have their beginnings in university research labs.

And it's more likely that PhD students, not faculty, form the initial idea for a new technology. While in later stages these ventures resemble typical technology startups, they experience a different early development process, decision points and potential conflicts that can make or break an innovation's chances of making it to market.

"From Lab Bench to Innovation: Critical Challenges to Nascent Academic Entrepreneurs," a new study released by the Kauffman Foundation, examines the particular experience of nascent academic entrepreneurs (NAEs) and the implications of this experience for universities and policymakers. The study is among the few to focus specifically on this important group of entrepreneurs at the individual, rather than institutional, level.

"This research supports the notion that graduate students have an important role in commercializing their inventions from the university lab and they need support models to help them advance to the commercial marketplace. This is significant because many universities in the U.S. do not clearly define intellectual property rights in support of student entrepreneurs. I'm hoping this paper will encourage universities to consider more open policies," said Lesa Mitchell, vice president of Innovation and Networks at the Kauffman Foundation. "The paper also reinforces the value of competitions that allow students access to robust resources and experiences that can help them move their science inventions from lab to market." 

 

Author Roman M. Lubynsky, senior venture advisor, MIT Venture Mentoring Service, followed and analyzed the experiences of 10 NAEs involved in eight ventures at the Massachusetts Institute of Technology, all of whom were enrolled in the university's Venture Mentoring Service.

 

The cases spanned the product life cycle from idea to commercialization across a range of technologies and industries, with data collected through interviews, observation and archival data.

 

Lubynsky defines an NAE as a faculty, staff or student researcher at a university who has left the university, or intends to leave, to devote full-time attention to the development of a company based on research that originated at the university in which he or she was involved, and which has not yet achieved real economic activity through sales of the product or services.

Key study findings include:

Many academic entrepreneurs are students at the time they formed their initial idea and began exploring the possibility of a startup venture.NAEs typically found academic ventures as "research-based startups" with the goal of completing or developing the new technology to make it ready for commercialization, and spend years – sometimes as much as a decade – in this phase. Their objectives, required resources, structure and funding sources differ at each stage.The decision to launch a venture evolves as the NAE gains confidence in his or her entrepreneurial abilities and determines that the technology likely cannot be licensed unless they bring it to maturity first.Finally, academic entrepreneurs are more likely than typical technology entrepreneurs to experience serious conflicts – particularly with their faculty advisors – over intellectual property and equity participation.

Fulltext:

http://www.kauffman.org/uploadedFiles/DownLoadableResources/from-lab-bench-to-innovation.pdf

 


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Training vets to be entrepreneurs - CBS News

Training vets to be entrepreneurs - CBS News | Start Ups | Scoop.it
Training vets to be entrepreneurs
CBS News
The Entrepreneurship Bootcamp for Veterans teaches the crucial aspects of an MBA education in a month-long online course followed by 10 days of instruction.
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Rescooped by Helen Chao from digitalNow
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Top U.S. Cities for Women Entrepreneurs

Top U.S. Cities for Women Entrepreneurs | Start Ups | Scoop.it
A look at which major U.S. cities are the best for women business owners, and seven tips to help them get started.

Via Don Dea
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Don Dea's curator insight, May 8, 2013 11:46 PM

More women than men earn college degrees, but many still struggle to reach leadership roles. Rather than try to compete in the corporate world, more women are starting their own businesses according to data compiled by software firm Intuit.

Weighing data from 48 major U.S. cities, Intuit created a list of the top 10 U.S. cities for women entrepreneurs. The criteria included the average income of residents, the unemployment rate and the percentage of businesses owned by women, among other factors.


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Small, medium businesses suffer record levels of cyber attacks...

Small, medium businesses suffer record levels of cyber attacks... | Start Ups | Scoop.it

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What I've Learned About Surviving the Start-up Cycle

What I've Learned About Surviving the Start-up Cycle | Start Ups | Scoop.it
In a rare moment of reflection, one founder shares two important lessons that have helped him get through the toughest days.

Via Scott Span, MSOD
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Scott Span, MSOD's curator insight, May 10, 2013 11:26 AM

There are two types of people who achieve success at much higher rates than the rest of us--Doers and Makers.

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New Start-ups: Here's Your Digital To-Do List

New Start-ups: Here's Your Digital To-Do List | Start Ups | Scoop.it
You already know you need a robust Web presence for your business. What other tech steps do you need to take to get established? Read this handy list.

Via Alexandra Gebhardt
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Alexandra Gebhardt's curator insight, May 10, 2013 11:17 AM

Great list of reminders from Inc. Magazine...