Remove Cost Remove Customer Development Remove Incubator Remove Technology
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Customer Development in Japan: a History Lesson

Steve Blank

I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x But customers didn’t agree. ————-.

Japan 305
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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund.

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China’s Torch Program – the glow that can light the world (Part 2 of 5)

Steve Blank

The previous post described how China built its science and technology infrastructure. This post is about the how the Chinese government engineered technology clusters. Torch has four major parts: Innovation Clusters , Technology Business Incubators (TBIs), Seed Funding (Innofund) and Venture Guiding Fund.

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How companies strangle innovation – and how you can get it right

Steve Blank

They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. It didn’t help that “innovation” was the new hot-button buzzword from senior leadership, and incubators were sprouting in every division of their company, it just made their job more unmanageable.

Incubator 319
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Why Real Learning is Outside the Building, Not Demo Day

Steve Blank

While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is “ Lessons Learned ” – about product/market fit, pricing, acquisition/activation costs, pricing, partners, etc. Technology in search of a market. The next customer segment we tried was startup founders.

Lean 322
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Hacking for Defense @ Stanford – Weeks 8 and 9

Steve Blank

And they’re getting a handle on what it costs to build a company to deliver it. If you’ve been reading along so far, you know that this class is not an extended hackathon nor is it a 10-week long incubator. Now with over 917 interviews of beneficiaries (users, program managers, stakeholders, etc.), The Left side of the Canvas.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup. Innovation and improvement occurs in Horizon 1 on process, procedures, costs, etc. Here the company is essentially incubating a startup.

Lean 120