Profit from Your Idea with a Patent

A patent can be taken out on almost any new implementable idea.  It is not just about protecting your idea.  Your patents are part of your Intellectual Property (IP) and can be valuable assets.  Often a start-up company will be bought for its IP rather than its products or sales revenues.  Here are some tips on patents. You do not ...

Read More »

Best Practices in Bioentrepreneurship Education

Entrepreneurship education programs are expanding rapidly and recent polls indicate that 20-25% of B school applicants are interested in starting their own business. Many applicants, including medical school and graduate school applicants already have, but feel they lack the business skills to start and scale their companies. Consequently, there are more Masters in Entrepreneurship programs sprouting up around the world. In addition, bioentrepreneurship ...

Read More »

Are You Ready to Run a Digital Business for the Digital Age?

In our digital age, all companies must change how they think, how they interact with customers, partners, and suppliers, and how their business works on the inside. Customer, partner, and supplier expectations have changed, and a gap is opening between what they expect from their interaction with companies and what those companies are currently able to deliver. Companies must immediately ...

Read More »

How to Fix Corporate Tech Strategy

A large defense contractor is in the process of revamping their technology strategy. They want to see more return on investment, which totals more than $1 billion annually across headquarters and its business units. This money is meant to deliver the next generation of technologies their customers need. Recently, however, their success rate has been dropping. Company leadership worried that ...

Read More »

Top 20 Innovation Articles of March 2019

Drum roll please… At the beginning of each month we will profile the twenty posts from the previous month that generated the most traffic to Innovation Excellence. We also publish a weekly Top 8 as part of our FREE email newsletter. Did your favorite make the cut? But enough delay, here are March’s twenty most popular innovation posts: The Most ...

Read More »

The State of Sickcare Entrepreneurship

Physician entrepreneurship has changed from a curiosity to becoming mainstream in 5 short years. Defined as physicians pursuing opportunity with scarce resources and conditions of uncertainty with the goal of creating user define value through the deployment of biomedical and clinical innovation, we are starting to see some trends and fault lines forming. 1. The phenomenon affects all physician demographics including ...

Read More »

Stop Overloading Engineers, While Increasing Project Throughput

Scenario: WebCo, a company with about 200 contributors, was having trouble keeping projects on schedule. An analysis of the root causes showed that engineers worked long days. Many of these workdays included many meetings that were not about their highest priority project. The VP of Engineering suspected that her staff were getting stretched too thin. She did some quick research, ...

Read More »

If You Want to Change the World, You Need to Start With a Keystone Change

On December 31st, 1929, the Indian National Congress, the foremost nationalist group on the subcontinent, issued a Declaration of Purna Swaraj, or complete independence from British rule. It also announced a campaign of civil disobedience, but no one had any idea what form it should take. That task fell to Mohandas Gandhi. The Mahatma returned to his ashram to contemplate ...

Read More »