Inventing Entrepreneurs Technology Innovators and Their Entrepreneurial Journey

ISBN-10: 0131574701
ISBN-13: 9780131574700
Edition: 2009
List price: $80.40 Buy it from $2.63 Rent it from $32.55
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Description: This book discusses the various paths and decisions that the entrepreneur will experience on their journey, as well as insights and tools to prepare them for it. This book emphasizes research on inventing entrepreneurs, explaining the critical  More...

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Book details

List price: $80.40
Copyright year: 2009
Publisher: Prentice Hall PTR
Publication date: 12/31/2007
Binding: Paperback
Pages: 304
Size: 6.00" wide x 9.00" long x 0.50" tall
Weight: 0.220
Language: English

This book discusses the various paths and decisions that the entrepreneur will experience on their journey, as well as insights and tools to prepare them for it. This book emphasizes research on inventing entrepreneurs, explaining the critical factors that spark and fuel successful entrepreneurial journeys. For the business professional interested in exploring the entrepreneurial journeys of successful entrepreneurs. nbsp;

Preface
About the Authors
Inventing Entrepreneurs
Overview
Entrepreneurs as Agents of Change
Scientific Innovation and Entrepreneurship
Defining the Inventing Entrepreneur
Preconditions
Organization of This Book
Endnotes
Discovering Entrepreneurial Options
Entrepreneurial Purpose
Overview
The Decision to Propagate Innovation
Introduction to the Commercial Venture Process
Foundations of Entrepreneurial Purpose
Visualizing the Ultimate Goal
Grasping the Significance of the Technology
Understanding the Inventor's Affinity Threshold for the Technology
Estimating the Benefits Associated with Commercializing a Technology
Setting Boundaries for the Need to Control the Technology
Conclusions and Summary
Endnotes
Inventing Entrepreneurial Options
Overview
Entrepreneurial Intent, Capacity, and Value Creation
The "File Drawer Idea" (Low Market Potential, Low Entrepreneurial Capacity)
The Reluctant Entrepreneur (High Market Potential, Low Entrepreneurial Capacity)
The Lifestyle Entrepreneur (Low Market Potential, High Entrepreneurial Capacity)
The Inventing Entrepreneur (High Market Potential, High Entrepreneurial Capacity)
The Inherent Value of Intellectual Property
Conclusions and Summary
Endnotes
Technology Licensing
Overview
The Technology Transfer Process
WARF: A Technology Transfer Office Example
Licensing: The TTO Perspective
When and Why to License a Technology
Conclusions and Summary
Endnotes
Recommended Readings
Lifestyle Businesses
Overview
The Start-Up Option
What Is a Lifestyle Business?
The TTO and Lifestyle Businesses
Considerations for a Lifestyle Business
Entrepreneurial Options
Conclusions and Summary
Endnotes
Cultivating an Entrepreneurial Identity
The Entrepreneurial Academic
Overview
Who Are Academic Entrepreneurs?
The Intellectual Challenge of Entrepreneurship
Business Challenges
Access to Mentorship
Access to Basic Business Knowledge
Personal Challenges
Prioritizing Goals
Repercussions Within the Academic Environment-Conflict of Interest
Conclusions and Summary
Endnotes
Entrepreneurial Journey Model
Overview
Entrepreneurial Identities
The Entrepreneurial Journey Model
Case Study: TomoTherapy
Application of the Journey Model
Conclusions and Summary
Exercise
Endnotes
Sample Journeys
Overview
The Research Transfer Entrepreneur
The Sabbatical Entrepreneur
The Research-Driven Inventing Entrepreneur
The Dual-Role Inventing Entrepreneur
The Corporate Entrepreneur
The Business-Focused Inventing Entrepreneur
Lessons from the Journey Model
The Venture Path Is Not the Same As the Entrepreneur's Journey
Every Journey Is Unique and Personal
Is There an Optimal Path?
Capital Intensity and the Viability of Adopting Multiple Role Identities
The Journey Transforms the Inventor
Conclusions and Summary
Exercise
Endnotes
Assembling the Entrepreneurial Tool Kit
Understanding Industry Context
Overview
Industries and Markets
Industry Attractiveness and the Value Chain
Disruptive Technologies
Start-Up Location Choices and Their Implications
Cost and Differentiation Strategies
The New Business Road Test
Checking the Basic Premise
Conclusions and Summary
Endnotes
Recommended Readings
Accumulating Business Skills and Knowledge
Overview
Forming the Business
Timing: When Do You Form a Start-Up?
Choice of Legal Entity
Allocation of Ownership
Selecting Officers and Directors
Service Providers
Writing and Using the Business Plan
Purpose of the Business Plan
Preparing to Write the Full Business Plan
The Nuts and Bolts of Business Plans
Exit Events
Getting Help
Appendices, Documentation, and Other Issues
Realistic Analyses
Realistic Customer Analysis
Realistic Market Analysis
Realistic Competitor Analysis
Realistic Budgeting
Realistic Revenue Projections
Introduction to Start-Up Financing
Conclusions and Summary
Endnotes
Recommended Readings
Primer on Financing the Technology-Based Growth Company
Overview
Growth Financing
Layers of Funding
Milestone-Based Financing
Obtaining Private Financing
Beyond Seed-Stage Financing
Conclusions and Summary
Endnotes
Recommended Reading
Visualizing the Road Ahead
The Managerial Challenge
Overview
Why Management Is Important
Vision and Implementation
Management Characteristics and External Perception
Risk Reduction
Management Models
Interacting with Professional Management
Natural Conflicts between Founders and Professional Management
Creating Mutual Incentives for Success
Separating Personal Issues from Business Issues
The Inventor as Manager
Conflict of Interest
Augmenting the Managerial Skill Set
Prioritization and Time Constraints
Conclusions and Summary
Endnotes
Preparing for Growth
Overview
Understanding the Growth Strategy or Growth Type of the Business
Transitioning from Project Management to Business Administration
Crossing Moore's Chasm
The Changing Role of the Inventing Entrepreneur/Founder
Conclusions and Summary
Endnotes
Exit
Overview
What Is an "Exit"?
Types of Exits
Financial Exits
Participatory Exits
Ownership/Control Exits
Less Than Perfect Exits
A Simplified Negative Exit Example
Control of the Organization at Failure
Control of the Intellectual Property at Failure
Long-Term Outcomes for Inventing Entrepreneurs
What Will I Do After the Exit?
Conclusions and Summary
Endnotes
Preserving Identity
Identity, Growth, and Learning on the Journey
Overview
Scientific Identity: Back to the Basics
The Underlying Characteristics of Inventing Entrepreneurs
Common Experiences of Inventing Entrepreneurs
The Importance of Luck
The Importance of the Team
The Search for Challenge and Growth
Conclusions and Summary
Endnote
Name Index
Subject Index

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