Moving Ideas from Lab to Marketplace: A Guide to Research

Abstract

Many of today's best innovations-the ones that have created powerhouse companies and have transformed industries, regions and society itself-started as a discovery in a lab. Firms that know how to turn a promising discovery into a viable product gain a tremendous competitive advantage.

How Startups and Entrepreneurs Survived in Times of Pandemic Crisis: Implications and Challenges for Managing Uncertainty

“…Research showed that small businesses with fewer resources usually have more difficulty keeping their business running and are more vulnerable to losing customers and investors (Breivik-Meyer et al, 2020;Pereira et al, 2021;Vinberg & Danielsson, 2021). During their lifecycle, the main challenges of startups are financial and bureaucracy issues (Ferreira et al, 2017;Mayr et al, 2021;Pareras, 2021), followed by their lack of ability to find a marketable opportunity (Fini et al, 2020), problems related to human capital (Bendickson et al, 2017), and a lack of crisis management skills, as startups' teams generally have lower levels of experience which makes crisis management even harder (Salamzadeh & Dana, 2021). Thus, these constraints faced by startups emphasize the many challenges they have to cope with in an uncertain and complex environment trying to survive the pandemic crisis and achieve a competitive advantage.…”

“…The market complexity drives the need to fully understand how innovations coming from the frontiers of science should be exploited and commercialized (Fini et al, 2019(Fini et al, , 2020. Collaboration between organizations such as university-industry, academic entrepreneurship, and technologycommercialization activities are being studied to understand how science can be effectively commercialized (Fini et al, 2019(Fini et al, , 2020. Hence, fostering more openness in science and technology is important since solutions to complex problems often come from non-conventional sources, for example, user innovation (Nurhayati et al, 2021).…”

Untitled

“…I encourage researchers and entrepreneurs alike to contribute their insights, fostering an ecosystem where scientific innovations are nurtured into solutions that address pressing challenges. [10][11][12] In closing, I extend my gratitude to the authors, reviewers, and readers who have contributed to the journal's legacy thus far. I am excited to lead this publication into an era of interdisciplinary exploration, robust debate, and impactful translation.…”

Advancing microbial insights: bridging academia, industry, and society

“…I encourage researchers and entrepreneurs alike to contribute their insights, fostering an ecosystem where scientific innovations are nurtured into solutions that address pressing challenges. [10][11][12] In closing, I extend my gratitude to the authors, reviewers, and readers who have contributed to the journal's legacy thus far. I am excited to lead this publication into an era of interdisciplinary exploration, robust debate, and impactful translation.…”