Academic Entrepreneurship: Navigating Commercialization Challenges
Simon Parker, Vania Sakelaris
Product #:W28370
Supplier:Ivey
Discipline:Entrepreneurship, Strategy
Setting:Canada, 2015
Subjects:
Industries:
Geography:
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Learning Objectives
By working through the case and assignment questions, students will learn the following:
- To save time and money, innovators should always talk to potential customers early and often when moving from a prototype to a launch-ready commercial product.
- The five-whys technique is a useful approach to keeping entrepreneurs laser-focused on understanding and responding to customer needs.
- It is important to uncover the common challenges that academics face when trying to commercialize new innovations.