You need to select the industry on which you will write your industry creation report today by midnight. These reports are scheduled to be due on March 2nd, which is coming up fast. As I wrote in my e-mail, when you select your industry, write down a sentence explaining how this industry is defined.
When we talked about shifts in class, we usually think of changes in regulation like what happened in 2000 with the switching off of degraded signal feature in GPS systems. This allowed GPS signals to be accurate to less than 12 mts potentially spawning a number of location based services industries (hint for the assignment ?) from (PND: Portable navigation devices used in cars or handheld) to location based gaming systems. But there can be other ones and some of them might have a slow buildup until there is a tipping point. If you have seen AVATAR, you will be able to visualize the possibilities this is going to throw up. So say we believed that this was truly a shift in what we do, can we think of opportunities arising from this…..
Check out this link on Cnet. http://ces.cnet.com/8301-19167_1-10142957-100.html
This article from the economist discusses whether business processes should be patentable. It has a good discussion of the purposes for patents and whether they actually serve those intended purposes.
http://www.economist.com/sciencetechnology/displayStory.cfm?story_id=15479680
I have posted the projects that have been presented in class on the page “Project Team Selection”. Please log on to the site and post your top three preferences in a comment. You will need to be proactive about searching to find a group. We are not going to assign groups. Once you have a group formed (no more than 4 students), please tell us and we will record this.
I have also posted the reading for Thursday. This reading is particularly important for those who plan to work in a tech startup that is based on technology connected with universities.
Hi, with today’s class we complete our first module on value creation and industry analysis. This is an important module as it covers the conceptual overview of value creation and strategy. Industry analysis is an important constituent of most business plans and we have covered it in sufficient depth along with providing research tools to address this question in case industry is not clearly defined. We would like to cover these topics in greater depth but given the constraints in terms of covering other areas, we have to shrink this down to 4 classes. We have tried to give you concise details that will help you as you start thinking about your ventures, however if you have any questions about this feel free to send an email, post a comment on the blog or stop by during office hours.