• DocumentCode
    86565
  • Title

    Bridging the valley of death

  • Author

    Harris, Alan

  • Volume
    8
  • Issue
    9
  • fYear
    2013
  • fDate
    Oct-13
  • Firstpage
    78
  • Lastpage
    81
  • Abstract
    Only a fraction of the technology developed around the world makes it onto the commercial market. The barrier is crossing the so-called ´valley of death´ - the chasm that separates research-proven technologies from reaching the marketplace. To traverse this ´valley of death´ entrepreneurs need to understand the true market potential of their product, but more importantly they need to secure funding. If entrepreneurs are to bridge the ´valley of death´, traditional and new sources of revenue will both have their part to play over the coming years as the financial situation shows scant signs of easing. But as long as there are investors ready to provide funding, visionaries will continue to push the boundaries of technology with innovative products and services.
  • Keywords
    innovation management; organisational aspects; technology management; venture capital; commercial market; entrepreneurship; financial situation; innovation management; product funding; product market potential; research-proven technologies; revenue sources; valley-of-death;
  • fLanguage
    English
  • Journal_Title
    Engineering & Technology
  • Publisher
    iet
  • ISSN
    1750-9637
  • Type

    jour

  • Filename
    6657869