Make your innovation a hedging process

They are the largest, probably the among the best in class at what they do. They are highly branded and recognized for what they have achieved. They have more resources than most other players to play with. The smartest people. The most money. They desperately want to stay on top. And yet, they fail. How can Nokia go from one …

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 …

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 …

Synthetic biology explained

My colleague introduced this very nice video about the emerging field of synthetic biology…

Are venture capitalists paying or living the venture?

Techcrunch article ‘VCs are getting into PR’ started ‘my fire’ again. The article highlights the trend that VCs is no longer just about paying checks – well, if it ever was? – and names PR as one function that VCs are now paying attention to. Obviously, competition for funds and leads as well as the fight for any stakeholder’s recognition …

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 …

Economic gravity shifting to emerging markets

In the foreseeable future, the economies of today’s emerging markets will eclipse those of the developed world in size. In the next 5-10 years we will see more global brands coming from fast-growing economies. Take Latin America, with fast-rising brands such as La Martina in Argentina (the next Ralph Lauren?), Havaianas in Brazil (the next Crocs?) and Kidzania in Mexico …

Entrepreneurial management. Not an art. Not just for startups.

‘The Lean Startup’ suggests how to accelerate through a pragmatic build- measure – learn feedback loop enhancing chances of building a sustainable business. With this book Eric Ries is a part of the movement that creates science where there was only art. A must read, not just for startup managers. http://goo.gl/xh9Hn

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 …

Internet the best fertilizer

A recent McKinsey’s report found that over the latest 5 years, 21% of GDP growth in a number of mature national economies studied can be directly attributed to the Internet. They also found that 2.4 jobs were created for every job lost to Internet efficiencies, and that over the last 15 years, an increase in Internet maturity is directly correlated to …