High Quality Adaptive Innovation

This book provides a framework translating ideas from the academic laboratory to commercial ventures. The book is designed academic researchers (advanced PhD students, postdoctoral fellows, university faculty and staff) who believe their research ideas could be the basis a commercial venture. The book contains a complete program to create their entrepreneurial ecosystem by enabling scientist entrepreneurs to drive their discoveries to commercial impact. The authors from MIT and SMART have been working with academic researchers in Singapore over ten years to help them derisk an idea an earlystage technologybased venture to prepare them to raise capital and initiate a NewCo. We developed a set of best practices during this work by teaching over 300 scientists, researchers, and postdocs in our Bootcamp academic researchers and providing them with the tools to be scientist entrepreneurs. These teams have gone on to start over 44 companies. Through our realtime experience in working with academic researchers, supplemented with our personal experience in technology startups, we developed the Adaptive Innovation Framework. It is a mustread a researcher, scientist, or engineer in the deeptech area who wants to drive their discovery to commercial success and achieve societal impact.

Contents:

Bee You Start:

Introduction

The Necessity of a Mindset Change

The Six Steps to Facilitate Mindset Change

Establishing a 360° Field of Vision

ming the Team

Be Mindful of Your Assumptions

Using New Knowledge and Converging Technology

Constant VigilanceAdaptive Innovation Framework:

Introduction

The Adaptive Innovation Framework

Your Technology:

Introduction

Surveying Your Technology

rtunity Matrix and Decisions Matrix:

Introduction

rtunity Matrix

Developing an rtunity Matrix

Evaluating Your rtunity Matrix

Creating an rtunity Priority List

Technology Centrality

The Decision Matrix

Value Proposition:

Introduction

Known vs Unknown Market Demand

Job to be Done (JTBD)

From JTBD to Exponential Benefits

From rtunity Matrix to Value Proposition

Understand the Drivers of Technology Step Change

Current and Future Scenarios of Your Innovation

Value Proposition Design

Prepare Your Value Proposition

Testing Your Value Proposition

Working Backwards from the Customer

Component vs Whole Product

Customer Discovery:

How to Implement Customer Discovery

Remember: Entrepreneurship is a Contact Sport

Structure of the Interview

Conducting Customer Interviews

Voice of the Customer: What are the Critical Quality Attributes (CQAs)

Guide to Interviewing

Beachhead Markets and Customers:

Introduction

Beachhead Market & BUTA

From Beachhead Customers to Mainstream

Adoption of New Technology