Accelerating Research Innovation by Adopting the Lean Startup Paradigm

Accelerating Research Innovation by Adopting the Lean Startup Paradigm

Today, commercialization, or “going to market” (Friedman, 2002), is particularly challenging, especially given the pressure to do it quickly. Indeed, it has been claimed that the need for speed in development and speed in going to market have a tremendous impact on the dynamics of technology transfer and is the most important driver of change, which means that a firm’s ability to develop and ma...

Investment Cycles and Startup Innovation∗

We find that VC-backed firms receiving their initial investment in hot markets are less likely to IPO, but conditional on going public are valued higher on the day of their IPO, have more patents and have more citations to their patents. Our results suggest that VCs invest in riskier and more innovative startups in hot markets (rather than just worse firms). This is true even for the most exper...

Accelerating Digital Health Innovation

There has recently been a dramatic increase in demand for healthcare innovation. In this thesis we present a framework for analyzing a digital health innovation ecosystem in the US. Our framework consists of four key activities: innovation generation, entrepreneurial team formation, early company incubation, and validation of the core innovation. Throughout the paper we analyze the existing lit...

Accelerating innovation: the power of the crowd

Accelerating Innovation in the Creation of Biovalue

The field of regenerative medicine (RM) has considerable therapeutic promise that is proving difficult to realize. As a result, governments have supported the establishment of intermediary agencies to “accelerate” innovation. This article examines in detail one such agency, the United Kingdom’s Cell and Gene Therapy Catapult (CGTC). We describe CGTC’s role as an accelerator agency and its value...