Next ‘big thing’: A product of time and hunger

Entrepreneurs, investors, advisors … We are all in the search of the next big thing – trends, ideas, companies, investments. I admit I can relate to this, but we are much better of slightly changing the focus and spending the energy on searching for those who are hungry for success – be it partners, entrepreneurs, ecosystems… We like to work …

Angel investments: How not to fail

War stories. People love recounting the one time they caught a big fish, not the many futile hours they spent waiting for a bite. Investors love to recap the successful exchange traded investments they did, and tend to forget the unsuccessful ones. Angel investing is no different. Looking at the venture capital industry as a whole, we know for a …

Next gen Entrepreneurs: Get high on agility

The sustainability – short-termism paradox As we have entered the post credit crunch era, entrepreneurs face new challenges demanding a move away from short-termism to a sustainable social, environmental and financial performance (cf. the triple bottom line), and face the uncomfortable tension between the long term focus needed for sustainable development and the prevalent short-termism (investors returns on investment requirements, …

Want something you never had? Do things you never did!

The Advanced Technology Group is a network consisting of nine independent Danish research and technology organisations – the GTS institutes – who have developed the 110 proposals currently filed at ‘Better Innovation’ (www.bedreinnovation.dk). Here is the sad news: The vast majority (if not all) of the proposals relate to products and services. I am sorry, but this is wrong. Too …

This year’s heart of the curriculum – not that simple

Creativity, innovation, and entrepreneurship. Politicians strike it as a key component of the legislation. Business schools have recognized the importance of it, both in terms of establishing programs and building the right environments to foster these activities. Executives – both corporate and SME – emphasize the importance of it too: Creativity, innovation, and entrepreneurship is this year’s mantra against the backdrop …

Why governments don’t get startups?

Last year in DK, governments incubators held a total of 310 portfolio companies. 15 were sold or terminated, only 3 with ‘some’ success (i.e. ‘some’ positive return). Not very impressive! This repeats the trend from previous years, and they say the ‘crisis’ is to blame. Perhaps, they could learn from Steve Blank who states that “any government that starts public financing …