The Next American Economy - Orlando

A U T H O R O F W H Y G M M A T T E R S

BLUEPRINT FOR A REAL RECOVERY

WILL IAM J . HOLSTEIN

T H E

N E X T A M E R I C A N E C O N O M Y

WilliamJHolstein.com

Orlando’s Simulation Boom

WHAT IS AN IDEA FACTORY?


It can be a university, research institute, large hospital, national weapons laboratory or a large private sector company.


With A Mix of Basic and Applied Research.Mostly Funded by Government and Corporations.


It is characterized by:‣ Sustained Interactions‣ Both Formal and Informal

Between:‣ Different disciplines‣ Different cultures, nationalities


HOW DO IDEAS LEAVE THE FACTORY?

HOW DO IDEAS LEAVE THE FACTORY?

The key is the technology licensing and patenting office.

‣ Under what terms does the office allow development on favorable terms?

‣ Does it facilitate robust exchange of ideas between "inside" and "outside?"

‣ What resources does it possess?


COMMERCIALIZATION ECOSYSTEM: 5 STAGES

STAGE 1

START UP

UNIVERSITYSETTING

FINANCINGLARGE CO’S

TEAMSCIENTISTS & RESEARCHERS ONLY


GOV’T

STAGE 1 STAGE 2

START UP DEVELOPMENT

UNIVERSITY INCUBATOR / HALFWAY

HOUSE

SETTING



TEAM GROWS: - MARKETING- FINANCE- MENTORING- INCUBATORS- SKILLED LABOR- NETWORKING MECHANISMS


GOV’T (SBIR) ANGELSFOUNDATIONS

OTHERKEY INPUTS:

GOV’T

STAGE 1 STAGE 2 STAGE 3

START UP DEVELOPMENT MARKET FACING


HOUSEOFFICE

SETTING


VENTURECAPITALISTS


TEAM GROWS: - MARKETING- FINANCE

PROFESSIONAL CEO MAY BE REQUIRED

- MENTORING- INCUBATORS- SKILLED LABOR- NETWORKING MECHANISMS



OTHERKEY INPUTS:

GOV’T

STAGE 1 STAGE 2 STAGE 3 STAGE 4


VALLEY OF DEATH


HOUSEOFFICE

SETTING


VENTURECAPITALISTS




CEO + FULL FINANCIAL TEAM- MANUF.- LOGISTICS- SALES




OTHERKEY INPUTS:

GOV’T

STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5


VALLEY OF DEATH

FULLY COMMERCIALIZED


HOUSEOFFICE

SETTING


VENTURECAPITALISTS








PROFIT GENERATION OR IPO

OTHERKEY INPUTS:

GOV’T

STAGE 1 STAGE 2 STAGE 3 STAGE 4 STAGE 5


VALLEY OF DEATH

FULLY COMMERCIALIZED


HOUSEOFFICE

SETTING


VENTURECAPITALISTS

TEAMSCIENTISTS & RESEARCHERSONLY







PROFIT GENERATION OR IPO

OTHERKEY INPUTS:

GOV’T

WHERE ARE THE GAPS???

A U T H O R O F W H Y G M M A T T E R S

BLUEPRINT FOR A REAL RECOVERY

WILL IAM J . HOLSTEIN

T H E

N E X T A M E R I C A N E C O N O M Y

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The Next American Economy - Orlando