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Innovation and Commercialization
How do you validate and create new revenue streams for your company? And how does your team discover which new technology will produce the most ROI? Our team helps organizations harvest innovation and intellectual property by developing people, capitalizing on market opportunities, and commercializing business ideas.
We work in partnership with VentureQuest to design programs for high-growth companies, federal laboratories, and universities to better commercialize and extract value from their innovation to produce bottom line impact. Our time-proven planning processes, integrated into the day-to-day business, allow corporations to enhance innovation and foster creativity by capturing and implementing great product and service ideas/concepts from their employees. Creation of the entrepreneurial environment is an extraordinary recruiting and retention strategy. It provides for a level playing field for all employees, at all levels of the corporation, to give their best contribution(s).
VentureQuest's programs :
-- Enable organizations to implement systematic processes for innovation and the commercialization of new ideas to impact bottom line performance.
-- Have received the highest honors, including being selected as the “best entrepreneurship training in America” by the Kauffman Foundation, Kansas City.
-- Are fully customizable to the specific needs, direction, and culture of the organization.
By using the following programs, organizations can quickly identify high-potential concepts and technologies that strategically fit their business goals and objectives while building solid entrepreneurial skills that fit the culture of a larger organization. Our team's experienced professionals lead innovators through these processes while working with executive leadership to manage a world class innovation program customized for their organization.
Innovation Leadership Assessment
· Assess Culture and Current Innovation Processes
· Benchmark Against Best Practices
· Develop an Innovation Strategy
· Implement and Track Results
Ideation Program
Systematic Market Research and Brainstorming Process to:
· Tap Creativity
· Identify Future Revenue Streams
· Recognize and Analyze Trends
· Extract High Potential Ideas
Venturesystem™ Innovation Program
Assess and Implement Leading Edge, Best Practice Innovation Program Including:
· Innovation Filter
· Opportunity Assessment
· Market Validation
· Business Plan (Spin-in, Spin-out)
Stability and Growth Program
· Diversify Revenue Sources
· Achieve Planned Growth Goals
· Develop New Products and Services for Current Customers
· Plan for Market and Economic Fluctuations
· Develop and Implement Contingency Plans
Entrepreneurial Development Program
· Expand Business Acumen
· Learn How to Take New Ideas to Market
· Make Realistic Projections and Validate Assumptions
· Build Effective Innovation Teams
· Dispel Entrepreneurship Myths
· Develop an Entrepreneurial Culture
Licensing Valuation Program
· Assess High Potential Ideas for Commercialization
· Identify High Value Technologies, Products, and Services
· Capture Maximum Value of IP and Intangible Assets
· Evaluate Soundness of Potential Licensees
· Determine Value of Technology for Licensing
· Utilize License Negotiation Toolbox
IP Universe Program
· Engage Employees in IP Creation, Protection, and Commercialization
· Improve IP Documentation
· Create Barriers to Competition
· Generate Revenue from Intangible Assets