Taking Technical Risk
Corporate and venture capital investors are effective in exploiting scientific and technological advances that are embodied in products and services where specifications and costs match well-defined market opportunities. However, the conversion of inventions into innovations is fraught with obstacles and risks. This expert-led study offers a comprehensive analysis of early stage high tech ventures. See Taking Technical Risk: How Innovators, Executives, and Investors Manage High-Tech Risks, published by The MIT Press in 2001.
Case Studies
Intel Capital What are the critical differences between a corporate VC firm and an independent VC firm? How do companies account for assets with strategic value, as opposed to purely financial value?. What is the decision-making process for corporate teams charged with acquiring, developing and harvesting portfolio companies in this context? This case explores Intel's strategy to invest in complementary technologies through its venture arm, Intel Capital.
Business Plans
STAR-P Business Plan
STAR-P solves technical challenges faced by scientists and engineers who require high performance computing capabilities, but cannot write parallel code from scratch. This software provides a layer between parallel hardware systems and applications that are not designed to run on multiprocessor systems. After winning MIT's 1K business plan competition in the software category, Interactive Supercomputing was formed and received venture capital funding in 2004. For current news of this exciting firm, see www.interactivesupercomputing.com.
The Rolex Transatlantic Challenge 2005: