17: Tim Bernstein: Unlocking Impact from Open Innovation
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Tim helps large companies overcome internal hurdles to ignite externally sourced open innovation and technology acquisition, and facilitate technology transfer deals.
He spends significant time delivering a wide range of IP and open innovation consulting services to clients, from open innovation system diagnostics to detailed technology and technology need evaluations to deal-assessment and execution.
In addition to hands-on experience, Tim has an educational background in the IP industry including a Masters Thesis which recommended improved licensing strategies for technology licensing out of universities.
Read Tim's ebook Unlocking Impact from Open Innovation here
Chapters
1. Introduction to the Total Innovation Podcast (00:00:00)
2. Navigating Technology Scouting and Partnerships (00:01:02)
3. Tim's Response and Insights (00:02:04)
4. Understanding the Fragility of Partnerships (00:04:03)
5. Delving Deeper into Relationship Dynamics (00:05:21)
6. The Role of Incentives in Partnerships (00:06:29)
7. Navigating Internal Stakeholder Dynamics (00:07:38)
8. Steps in the Deal-Making Process (00:09:01)
9. Phases of the Deal Process (00:10:25)
10. Inappropriateness in Startup Relationships (00:11:38)
11. Challenges from the Corporate Side (00:12:47)
12. Clarifying Deal Constructs (00:14:04)
13. Examples of Successful Partnerships (00:15:47)
14. Communication Failures in Partnerships (00:17:20)
15. Bridging Cultural Differences in Innovation (00:20:06)
16. The Evolution of Corporate Innovation Practices (00:21:45)
17. Strategies for Effective Collaboration (00:23:37)
18. Navigating Early Stage Startup Relationships (00:26:38)
19. The Risks of Premature Confidentiality Agreements (00:30:46)
20. Success Stories in Corporate-Startup Collaborations (00:33:58)
21. Challenges in Deal Negotiations (00:36:59)
22. Building Trust with Startups (00:38:28)
23. Actionable Insights for Corporates (00:39:49)
24. Understanding Corporate Complexity for Startups (00:41:14)
25. Authenticity in Business Partnerships (00:42:31)
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