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How Entrepreneurs Need To Plan To Protect Their Business

The Startup Magazine

Choosing the right structure not only impacts your personal liability but also your ability to protect intellectual property, secure investment, and manage taxes. Use Contracts to Your Advantage Whether you’re hiring employees, working with vendors, or entering into agreements with partners, contracts are essential.

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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

Finally we move to the left side of the canvas to teach the supporting elements of Resources, Partners, Activities and Costs. Hypotheses about Intellectual Property, Reimbursement, Regulation and Clinical Trials found on the left side of canvas are as, or more important than those on the right side of the canvas.

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5 Keys To Negotiating Your Fair Share Of Any Startup

Startup Professionals Musings

The next default of waiting until later is equally bad, since partners who bow out early will still expect an equal share of that first billion you make later. Your idea is not intellectual property yet, so it has no inherent value. Now comes the reality check. Key to required patents or trade secrets.

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How To Find the Right Co-Founders?

Steve Blank

For medical devices it might be mechanical engineering, clinical trials, regulatory approval, freedom to operate (intellectual property) and figuring out a reimbursement strategy. Or can we outsource these activities to Partners?” Can these skills be outsourced to partners or are they integral to the DNA of the company?

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Is a Venture Studio Right for You?

Steve Blank

Venture studios create startups by incubating their own ideas or ideas from their partners. There are four main types of venture studios: Tech transfer studios , such as America’s Frontier Fund , work with companies and/or government labs to source ideas and intellectual property. Why Would an Entrepreneur Join a Venture Studio?

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Companies manage these three types of innovation with an innovation portfolio – they build innovation internally, they buy it or they partner with resources outside their company. If they decide to buy, large companies can: license/acquire intellectual property. Five Types of Innovation to Buy.

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5 Keys to Moving From Entrepreneur Thinking To Action

Startup Professionals Musings

Spend more time nurturing partners and outside influencers. The best are willing to share what they know, actively build partner communities, and constantly expand their realm through new learning and experiments. Obviously, you need the confidence in yourself to make that first step.