The INOV8 blog tracks the latest news and trends in technology and innovation throughout the world
Charlie Cook at UAMS BioVentures, an IA research partner, offered some great tips in response to the first installment of Jeff Amerine’s Techpreneurship blog that will appear on Thursdays in INOV8. Cook offered his “top 10 takeaways” for techpreneurs from a recent panel chaired by Janis Machala of the University of Washington Tech Transfer Office:
10. Bringing together money, talented managers, and good engineers/scientists is a difficult task.
9. Some of the unpopular stereotypes of both scientists and business people have an unfortunate basis in the truth. Scientists can be tremendously naive, and often don’t realize that the technology they have is not a final product—and that a lot of development has to be done to bridge that gap from their lab to the market place.
8. The most important element to a successful company is a harmonious relationships between all the people involved. A company that recently spun out of the ultrasound toothbrush technology, even though the company raised about $23 million, infighting between management, the board and the employees destroyed this very sound technologically and financially company.
7. Even though the business people have all the money, everyone must treat the technical people nicely to succeed.
6. To be a good entrepreneur, a scientist or engineer must have a lot of enthusiasm about the commercialization process and be able to communicate about the technology at different levels of sophistication.
Check out the top 5 here.
[...] Charlie Cook at UAMS Bioventures had such great advice, we had to break it out of comments and give it its own post. Techpreneurs, take note. [...]
[...] original here: Top 10 Tips for Techpreneurs | Innovate Arkansas Share and [...]
[...] Top 10 Tips for Techpreneurs | Innovate Arkansas blog.innovatearkansas.org/2009/08/21/top-10-tips-for-techpreneurs – view page – cached Charlie Cook at UAMS BioVentures, an IA research partner, offered some great tips in response to the first installment of Jeff Amerine’s Techpreneurship blog — From the page [...]