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We just held our fifth session of our new national security class Technology, Innovation and Modern War. Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy.
What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their businessmodel canvas components. For example when one team found the right customer, they changed the core technology (the basis of their original idea!) Some of these teams made even more radical changes.
Over the last two and a half years the National Science Foundation I-Corps has taught over 300 teams of scientists how to commercialize their technology and how to fail less, increasing their odds for commercial success. It’s open to NIH SBIR/STTR Phase 1 grantees. identify financing vehicles before you need them.
A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and businessmodel into a growth business.
The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a businessmodel. Several will join the new Stanford Gordian Knot Center which is focused on the intersection of policy, operational concepts, and technology.
But as impressive as its technology is, the Apple’s smartwatch has been a product looking for a solution. Frustrated by the FDA’s 20 th century processes for 21 st century technology, companies hired lobbyists to force a change in the laws that guide the FDA regulations. Much like the NIH SBIR program.) The Future.
And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a businessmodel. Steve Weinstein 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.
set up the Office of Scientific Research and Development (OSRD) to use thousands of civilian scientists in universities to build advanced technology weapons (radar, rockets, sonar, electronic warfare, nuclear weapons.) Navy adopted the OSRD model and set up the Office of Naval Research – ONR. In World War II the U.S.
Over the last three years the National Science Foundation I-Corps has taught over 700 teams of scientists how to commercialize their technology and how to fail less, increasing their odds for commercial success. The experience is demanding but time and again we have seen I-Corps teams transform their business assumptions.
SBIR/STTR Program and Startup Seed Funding. The Small Business Innovative Research ( SBIR ) and Small BusinessTechnology Transfer ( STTR ) programs are startup seed funds created by Congress to encourage U.S. small businesses to turn Government-funded research into commercial businesses. Eleven U.S.
And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a businessmodel. Steve Weinstein a 30-year veteran of Silicon Valley technology companies and Hollywood media companies. Team: IntelliSense.
It is one of the first few industries to embrace digital technologies such as artificial intelligence, big data analytics, mHealth, wearables, telehealth, and robotics. As the healthcare industry continues to adopt digital technology, the number of healthcare startups is also growing. billion in 2017 YTD (as of May 22, 2017).
National Security is Now Dependent on Commercial Technology. Drone technology was initially only available to national governments and militaries but is now democratized to low price points and available as internet purchases. They’re not the only startup in this fight. In the U.S., China – Civil/Military Fusion.
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