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
Link To Document :
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