|
Disruptive technology |
|
4 |
New venture must have initial success
with untapped or underserved markets |
|
Platform technology |
|
4 |
New venture must have ability to move
into mainstream market |
|
Broad patent scope |
|
4 |
New venture must have ability to
defend technology against imitation |
|
|
Large (or potentially large) and
rapidly growing market |
|
4 |
New venture must have ability to
achieve significant revenue and value within 5 years to obtain
adequate financing |
|
Fragmented market |
|
4 |
New venture must be able to compete
with modest resources |
|
4 |
New venture must be able to negate
cost and market power advantages of existing market firms |
|
4 |
New venture must be able to attract
customers without retaliation |
|
4 |
New venture must be able to easily
obtain complimentary assets necessary to exploit technology |
|
|
Enthusiastic inventor |
Strong and successful management team |
|
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