How Much Money is Really Invested in Disruptive Innovation by Large Companies

This article discusses how little large materials companies actually spend on disruptive innovations Based on a recent report by Accenture, global high tech companies spent over $204 billion on R&D in 2016. On average chemical company spends roughly 3% of sales on R&D. 3M is an outlier with the CTO Ashish Khandpur planning to expand … Continue reading How Much Money is Really Invested in Disruptive Innovation by Large Companies

The Need for a Chief Product Officer is Early Stage Materials Startups

This article discusses an often overlooked but critical role for any advanced materials startups When people think of company leadership, they think of titles like CEO, CTO, CFO, or COO. Many leaders work to fill these roles quickly in an effort to complete their “leadership team.” These titles reflect a need to divide focus within … Continue reading The Need for a Chief Product Officer is Early Stage Materials Startups

A Financial Model Explaining Why Venture Capitalists Struggle with Nanotechnology Startups

After building a financial model for a generic nanotechnology startups, this blog quantifies the financial issues venture capitalists have finding a reasonable payout within time. The venture capital community is a financial intermediary. Venture capitalists (VCs) collect money from wealthy institutions and individuals and invest it into early stage companies. A fund is only the … Continue reading A Financial Model Explaining Why Venture Capitalists Struggle with Nanotechnology Startups

Accelerate Time to Revenue with Early Customer Engagement

This blog discusses how to start customer engagement early to accelerate time to market and first revenue Hopefully most of you have read my article on developing long term relationships. The materials space is extremely relationship based. Industrial materials innovation has historically been slow and market forces have forced consolidation of suppliers into large multi-national … Continue reading Accelerate Time to Revenue with Early Customer Engagement

The New Materials Readiness Level Scale

This blog discusses a new technology readiness level for nanotechnology enabled materials Technology readiness levels (TRLs) started with NASA and has since grown to serve as a uniform concept to ranking the maturity of new technologies. Organizations now use it as a tool for investment, stage gating, or development prioritization. Since NASA, many other TRL … Continue reading The New Materials Readiness Level Scale

Intellectual Property Strategy for Nanotechnology SMEs

This blog discusses early-stage intellectual property strategy in an advanced materials startup Global nanotechnology patent filings are on the rise. While most filings come from universities and Fortune 100 companies, there is an increasing percentage of patent filings from small and medium enterprises (SMEs). SMEs approach patent filings differently from larger institutions. Institutions with a … Continue reading Intellectual Property Strategy for Nanotechnology SMEs

Who Wants this Shiny New Ball??

This blog discusses identifying the beach-head application for your new advanced material. One common mistake advanced materials startups make is assuming that since their technology is better, people will buy it. What startups don’t realize, however, is that there is a supplier switching cost. OEMs and end users already have established products and manufacturing process. … Continue reading Who Wants this Shiny New Ball??