MITPortugal BioTeams Finals notes on iteams

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MIT-Portugal Bio-Teams Finalsnotes on i-teams

• Luis Perez-Breva, PhD
• MIT School of engineering,
• Sloan School of Management.
• i-Teams Lecturer, Researcher

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• Everybody likes innovation until they see it
• Ken Zolot

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Typical situation
Technologist

• I have a Nanobluff under the quantum carpet to
  trap bioenzymes in colors. And I hate patents
• Glup!
• This guys do not see how cool my nanobluff is !!!
  Do they even know how their Microwave works?

• Sure
• (Silence)
• Next.
• Technology here is too basic, Ill go to US.

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There is a Gap

• Let us say it is about Communication
• Technologist vs Capital.
• How does it work vs what is it good for.
• Do Research and Market talk?
• Basic research vs distant research?

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Roll back to the 1950s, you are a researcher in
quantum physics
(Investors Panicking?, this is a laser)
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Roll back to the 1950s you are a market research
analyst.

• So how are we on the need for permanent
  depilation.
• How is the vinyl market going?

(Researchers Panicking?, these might need a
laser)
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Who asked for the LASER?
Permanent Depilation Laser Pointers CDs
DVDs Printers Surgery Diamond cutting Targeting
systems Telescopes Bar code Readers Security
systems
When Einstein first discussed quantum
populations, Was he thinking depilation?
Where should we start?
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Can we accelerate this process?
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The i-Teams reactoreducational experience

• Develop go-to-market strategy from new science
  and technology
• Goals Gain Market Focus
• Present technology by its uses (rather than how
  it works)
• Identify users, customers, markets a path to
  realize potential
• Define a business model
• Make a recommendation
• We do not address business plans. This is a next
  step
• Without a clear market focus, one cannot even
  begin to write a plan
• Sometimes there is no good market recommendation
• Student evaluation is based on the process to
  assess potential

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Guide on the side

• What is it?
• What is it good for?
• Who cares?
• Who can help?
• Is it sustainable?
• Whats next? (startup, License, partnership,
  research, nothing?)

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i-teams _at_ MIT

• Put bright students together to work on MIT
  technologies.
• Tell them it cannot be done wait.
• Theyll find a way

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Bio-teams _at_ MIT-Portugal

• 6 Portuguese technologies
• 6 challenges
• An incredibly bright group of students

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Help us complete their educational experience
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Help us complete their educational experience

• Ask them questions
• Chat with them about their projects.

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Guide on the side

• What is it?
• What is it good for?
• Who cares?
• Who can help?
• Is it sustainable?
• Whats next? (startup, License,

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also

• Join me thanking
• Students
• The daring faculty that have adapted i-teams
• Isabel Rocha, Miguel Prazeres, Pedro Saraiva,
  Luis Lages
• And all our MIT-Portugal friends.

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The End
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• invite the audience to thank the students. - If
  there is a Poster session, I will invite the
  audience to approach the students and inquire the
  students more about these technologies
  emphasizing the value of networking. And that the
  opportunity of explaining this one-on-one is teh
  last step of the learning experience for these
  students.

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The i-Teams reactor

• the I-teams focus is on developing a go-to-market
  strategy for ideas emerging from new science and
  technology.
• the goal is to identify potential markets and
  thus customers this helps define the business
  model
• the goal is to learn how to present the
  technology by its potential uses rather than by
  how it works.. - we do that by identifying
  potential users, customers and markets and
  identifying a path in the market to realize that
  potential this helps define the business model
• we do not address business plans as this is a
  next step. Without a clear market focus, one
  cannot even begin to write a plan
• one of the options is there is not a good market
  such a conclusion can be a successful outcome.
  Thus, students are not judged on the size of the
  market but rather on the process that they use to
  assess the potential.