Recognizing opportunities - Introduction

3 important questions on Recognizing opportunities - Introduction

What are the 5 levels of analysis in the process of integrating science and business?

External opportunities (macro-meso)
  • Environment
  • Industry
Internal opportunities
  • Corporate
External + Internal integration -> corporate strategy
  • Project
  • Dyadic (personal)

What are the 4 phases of the process of turning science into business (innovation loop model)?

  1. Problem definition
  2. Demand analysis (external)
  3. Resource analysis (internal)
  4. Stragetic choices (for advice formulation)

What is the definition of a business opportunity?

A set of favourable circumstances that might provide a sound basis for a technological project or venture

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