Biobusiness innovation in a cluster

Navigating the complexity of large organisations is challenging for novice bio entrepreneurs and start-ups. Jane Osborne recommends that bio entrepreneurs make connections at all levels. In her experience, the most successful partnerships have started via grass roots discussions with scientists in the lab with ideas that match, or are aligned to, strategic aims through further interactions with senior management. It is when these two pieces fit together well that you can be really successful. She advises young bio entrepreneurs and start-ups to be flexible, open-minded and prepared to take risks to raise the profile, build trust and gain respect.

Jane Osborne

Story and Video: http://www.sms.cam.ac.uk/media/1558442?goback=.gde_2164533_member_5794917289081987075#!

Many thanks to Ed Morrison Purdue Center for Regional Development: Economic Policy Advisor: Developing network-based strategy models for sharing this.