Silicon Valley is world famous for its successful ventures, from the world-changing invention of the microelectronics industry by Fairchild and Intel to Google’s meteoric success.
This situation is in turn closely tied to Stanford university’s influence. Katharine Ku, who as Executive Director of the Office of Technology Licensing (OTL) at Stanford has first-hand experience with this success story, shows us it’s all about the unique culture and attitude that formed in the valley.
Stanford is a university that revolutionized a valley that revolutionized a world – and understanding what made this possible is critical to any Univenture stakeholder.
Following an overview of the valley’s engagement with technology and venture, this article pinpoints the key factors behind this success story:
- High tolerance for risk, experimentation, and failure
- Collaboration among entrepreneurial programs on campus
- Maximizing the licensing of multiple technologies through flexibility and negotiator empowerment
The Stanford secret sauce is a blend of these factors, and the results have changed the way you live and work – which is another story.
Katharine Ku, Executive Director of the Stanford University Office of Technology Licensing, will share her experience and insights on university venture at UV2017HK – Univenture Visions 2017 – a unique and exclusive workshop jointly organized by AUTM Asia and the Coller Institute of Venture. Find out more and register now.
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