Presentation on theme: "Slide 1 EuroSciCon – March 14 th 2008 How can I spin out my research and become a company ? An Exploration BioPark, Welwyn Garden City, Hertfordshire Professor."— Presentation transcript:
Slide 1 EuroSciCon – March 14 th 2008 How can I spin out my research and become a company ? An Exploration BioPark, Welwyn Garden City, Hertfordshire Professor Alan Barrell
Slide 2 How can I spin out my research and become a company? Some Questions and Issues Have I decided – or am I exploring ? WHY would I ? What is stimulating me ? Do I have a VISION – I want to fulfil ? Can I express it clearly ? Do I have PASSION and INSPIRATION ? Do I have a supportive team and family ? What’s my RISK profile ? Do I have GLOBAL aspirations ?
Slide 3 More Questions for Entrepreneurs Is my intellectual property valuable and protected ? Have I set up a company properly – within the law ? Do I have the finance to make my plans successful? If I don’t have the finance – where will it come from ? In this regard – do I have a strong and clear Business Plan ? Can I confidently present my Business Model to aggressive investors? Do I have a strong and reliable team to carry through the plan ? Is my role clear – in the new company context?
Slide 4 And there are still more…… Am I confident I can carry out the role I am assigning myself ? Do I have a mentor ? Or need one ? How clear and confident am I that there is a REAL market for what I plan to do ? Who will BUY what we have ? Have I looked closely and carefully at Competition ? Am I ready to take RISKS ? Do I know what my NEXT STEPS should be ?
Slide 5 The Spirit of Exploration and Adventure Inspiration is often a starting point…. Starting with HEROES and HEROICS
Slide 6 Do HEROES change World ? – what are they good at? ……could it be…. Exploring…… Discovering…. Risking……… Believing……. Creating…….. Changing……. Enabling…….. Visualising…..
Slide 17 Einstein on IMAGINATION…. “Imagination is more important than knowledge. Knowledge is limited. Imagination encircles the world” Albert Einstein 1879 - 1955
Slide 18 Which great scientist / entrepreneur was born 200 years ago in 2009 ? He had world changing Imagination….
Slide 19 So lets think about - IMAGINATION, CREATIVITY MINDSET ENTERPRISE and ENTREPRENEURSHIP
Slide 20 “You look at things and ask - why? but I dream of things that never were and ask - George Bernard Shaw why not?” Why MINDSET matters – what’s an Entrepreneur ?
Slide 21 Schumpeter (1911) on Entrepreneurs “ Entrepreneurs blow gales of creative destruction.” Role of the entrepreneur in transforming economies by developing: New products New methods of production New ways of organizing Untapped raw materials Enhanced competitive performance Josef Schumpeter Vienna 1911
Slide 23 Exploring Creativity and Innovation CREATIVITY – The ability to develop new ideas and discover new ways of looking at problems and opportunities INNOVATION – The ability to apply creative solutions to problems and opportunities to enhance or enrich peoples lives Creativity is THINKING – Innovation is DOING – discuss please ! Consider the relationship between Creativity, Innovation and Vision………
Slide 24 Three Converging Revolutions Three Pervasive Technology Platforms BIO TECH Pharmaceuticals Diagnostics Research/Info Tools Industrial Genomics Bioinformatics Proteomics INFO TECH Hardware Software Communications NANO TECH Electrical Structural Biomedical Energy & Environment Biosensors Biochips Bioelectronics Microfluidics Nanobiotechnology Drug Delivery Nanodevices Nanosensors Nanoelectronics
Slide 26 Innovation and the Impact of Technology -Traffic in one day in 2003: All international phone calls 1971 All airline passengers 1975 All mobile phones 1984 All emails 1992 All SMS 1998 Source: Analysys, World Bank and ITU
Slide 27 Thinking of Creativity and Innovation - Would you invest in this team ?
Slide 28 What did you decide? Creativity and Innovation are “inside” not “outside” qualities. Presentational styles have changed ! Microsoft Corporation, 1978
Slide 29 Leadership, Vision and Achievement – Balancing Vision with Plans and Action Vision without Action is a Daydream…. Action without vision is a Nightmare…. Japanese Proverb – Anon
Slide 30 Building an Enterprise Society. Networking and Communities – Manageable Units – working where real PEOPLE can influence things – and “our business” can contribute Building communities of enterprise,social inclusion and common purpose Sub-regional development Regional economic development National economy
Slide 32 The Competitive Threat “Today’s Peacock is tomorrow’s feather duster” – Think about it……..
Slide 33 In of Excellence ! In Pursuit of Excellence ! “Excellence can be achieved, if we: Care more than others think is wise, Risk more than others think is safe, Dream more than others think is practical, Expect more than others think is possible.” Deborah Johnson-Ross
Slide 34 An invitation to explore further…. www.alanbarrell.com email@example.com