In every industry, there are unmet market needs that are simply waiting for disruptive innovations to come along and meet them, creating value for not only the market, but also the venture and its stakeholders.
Getting consumers to adopt a new innovation is perhaps the largest challenge any new company faces. Success requires startups to understand consumer needs and best position themselves to meet them.
Two significant challenges often emerge for startups during the scaling-up phase of their life cycle: successfully raising funds from investors and gaining access to experienced management. The good news, however, is that solutions exist for both of these problems.
This fundamental change in the business model reduced risk and generated profit for our clients, leading to their rapid adoption of the invention. It also actually created more value for us than our original plan of selling the instruments would have.
One of the biggest challenges entrepreneurs face is inventing and commercializing new technology. Doing this takes a great deal of time and money and introduces significant risk. A typical development can take several years and may cost millions of dollars. Meanwhile, there’s no guarantee the market will adopt the new product.
For many businesses, the ringing in of a new year means setting new goals, implementing new initiatives, and addressing new methods for growth. For those looking to scale their business in 2023, it can be worth taking a new approach to help ensure their business can thrive. However, to successfully scale a business, it is essential to understand the conditions of the market and what it will take to help a business grow.
Two hundred and fifty-plus firms will be represented to discuss new and improved procedures and practices for leading businesses from the United States, Europe, and China, sharing thought leadership and innovative techniques that will benefit the technology sector.
Carbon emissions, toxic runoff, and non-biodegradable plastics are all examples of negative effects from technology. Now, disruptive tech is the best hope for reversing that same trend.
Large multinational corporations (MNCs) often spend millions of dollars in the research and development stages of technology that never make it to market. Whether the company doesn’t see the technology within its overall commercialization strategy, or simply doesn’t have it in its budget to continue pursuing its development, this has led to corporations halting further internal development of several innovative technologies with high levels of potential.
PureCycle Technologies, Inc. (NASDAQ: PCT), a company founded by Innventure in 2015 based on polypropylene recycling technology, is now maturing into a global manufacturing and technology company, allowing serial entrepreneur and Innventure co-founder Mike Otworth, to return to Innventure as Executive Chairman in early August 2022, validating a key component of Innventure's business model.
For over a decade, the research arm of Nokia Bell Labs in Finland had been working on a cooling and energy efficiency technology for data centers and mobile network equipment. In June, that R&D effort took a big step outside its corporate parent.
We strategically collaborate with
large Multinational Corporations to
commercialize disruptive technologies.
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