What is Invests in New Technology Innovations?
In economic terms, when i’masoftwareco. invests in new technology innovations, is about the future of investing in new technology innovations. It’s about how to invest in them, how to deal with risk, how far ahead firms should plan for and when it is best for their own long-term self-interest to invest or divest.
Ethan Mollick, a professor at the Wharton School of the University of Pennsylvania and director of Wharton’s Innovation Lab, answers some common questions around what happens when firms invest too early or too late. Please include any outside links within your post such as Wikipedia mentions on your Blogger site if you are writing an article with this as its topic.
Where did the idea come from?
I think the idea came from reading a lot of research by Geoffrey Moore and others that showed that the best time for a new venture was about five years after its launch. However, I also see some evidence to suggest that generally, early-stage startups are often doomed to failure. On the other hand, there are certain clear situations where early investments can pay off big time. One such situation is in consumer technology where you’re effectively betting on a really big innovation (the iPhone) or in health care where most of your competitors are going down with all their R&D dollars while you’re doing nothing and yet somehow plowing forward on your own R&D efforts with limited resources. Then, a few years later, you can get to market first and pull off a monopoly. This was the context in which we started thinking about the idea of investments in new technology innovations.
Current relationship with this topic:
I think it’s easy for leaders to become overconfident about the future based on what is happening today. Given that I’ve been reading lately about how the best time for a new venture is after five years and given that my students are working on startups, I wanted to find more empirical evidence to provide guidance for individuals who invest in startups when it would be best to start investing and when it would be best to stop investing (to either grow organically or divest).
Some of the most frequent questions that you get asked about this concept:
We’re looking for articles with better science or that cite better sources, so please include links to research or articles you have read on your post.
What distinguishes this from other similar concepts and topics?
This isn’t something that you can get online or in a book at the local bookstore or library. You have to go to Wharton, the University of Pennsylvania, or some other major university to find this information. I’m just an academic, working on my own time and out of pocket, which is why we charge $495 for these services. It’s not a free service. Set aside at least three hours of research time so that you will be able to write effectively about what you found and present it well.
Where can I get more information?
We publish new research each month in our newsletter as well as on our website investsinnewtechnologyinnovations.com. We also have a monthly meeting at Wharton on Tuesdays where we discuss new research and present it to our audience.
Will this topic make money for me?
The likely answer is no. But, it could if you use this topic to create your own content and successfully promote it on the Internet. You can read more in our investment guide.
Is there trouble talking with your spouse about this topic?
I would say that it is always better to find problems before they happen than to find yourself dealing with them after they occur. In other words, I believe strongly in proactive rather than reactive behavior when tackling any problem. Thus, I find that it make sense to address problems regarding your marriage before they arise so that you don’t have to deal with them when they are already well-established as a serious issue in your relationship.
How much does it cost?
A “future of technology investment” article like the one you are reading now is $495 for a post of about 1,000 words. A two to three page research report is $995 and an eight page report is $1,895. We also offer packages that include any two writing projects or reports (with or without topics) plus a 12-month subscription to our newsletter ($969). All prices are in US dollars and all payments must be made in advance via PayPal or wire transfer. Our business hours are M-F 8:30 AM – 5:00 PM EST with weekly research and writing updates on Monday evenings. Before you set out to scale up with an existing product or service line, make sure that you’ve already built the most critical features and made the most important fixes.