| Observations on the Biotech and Biomedical Devices Space | April 21, 2004 |
John Hennessy
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Stanford University |
Entrepreneurial Thought Leader Speaker Series |
| Views: 932 |
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| Video 3 of 11 from this talk |
- 03:37Silicon Valley: History and Secret
- 02:06Faculty and Startups: Conflict of Interest or Conflict of Commitment?
- 03:20Observations on the Biotech and Biomedical Devices Space
- 03:02A Good Team Needs Technical and Non-technical People
- 03:08If You're So Smart, How Come You're Not Rich?
- 03:25The Way to Predict the Future is to Invent It
- 01:41The Downside of Silicon Valley
- 01:04Envisioning New Centers of Entrepreneurial Activity
- 02:33Bioengineering: Supporting Innovation Across Disciplines in a University Setting
- 01:42Opportunities in Social Entrepreneurship
- 02:31Gravity Pro-B: Government Projects and Spin-off Companies
Description
Hennessy explians that the biotech and biomedical space are characterized by the importance of patents. Contrarily, patents are not crucial in intellectual property companies because there are often many comparable ways to do the same thing. Additionally, most IT companies spun out of a university fail because they miss the market window, not because the technology fails. For biotech companies, success is much more based on the patent and the quality of the technology, he adds.
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