Commercializing Innovation: Turning Technology Breakthroughs into Products

CHAPTER  12

Looking Forward

Throughout this text there has been a repeated focus on the rate of change of the elements in the commercialization cycle. These changes altered the enabling parts and helped us do things more effectively and faster. New means of funding early stage projects, new forms of incubation, more effective teaching, and better modeling tools are just some of the items to be noted. With these dramatic changes there is an increased risk of forecasting. But to codify them as they exist today becomes an interesting task.

A Changing World

To look forward certainly carries its own caveats about uncertainty. One aspect that we can easily agree on is that there is a tremendous rate of change surrounding the commercialization, entrepreneurship, ...