Hennessy explians that the biotech and biomedical space are characterized by the importance of patents. Contrarily, patents are not crucial in intellectual property companies because there are often many comparable ways to do the same thing. Additionally, most IT companies spun out of a university fail because they miss the market window, not because the technology fails. For biotech companies, success is much more based on the patent and the quality of the technology, he adds.

1. Silicon Valley: History and Secret
2. Faculty and Startups: Conflict of Interest or Conflict of Commitment?
3. Observations on the Biotech and Biomedical Devices Space
4. A Good Team Needs Technical and Non-technical People
5. If You're So Smart, How Come You're Not Rich?
6. The Way to Predict the Future is to Invent It
7. The Downside of Silicon Valley
8. Envisioning New Centers of Entrepreneurial Activity
9. Bioengineering: Supporting Innovation Across Disciplines in a University Setting
10. Opportunities in Social Entrepreneurship
11. Gravity Pro-B: Government Projects and Spin-off Companies

John Hennessy lectures on Entrepreneurship for Stanford University students, April 21, 2004. Dr. John Hennessy has been President of Stanford University since 2000. He became a Stanford faculty member in 1977. He rose through the academic ranks to full professorship in 1986 and was the inaugural Willard R. and Inez Kerr Bell Professor of Electrical Engineering and Computer Science from 1987 to 2004. In this Stanford lecture, he talks about envisioning new centers of entrepreneurial activity and Silicon Valley.



Course Details:

- Entrepreneurial Thought Leader Speaker Series

- Stanford University's Entrepreneurship Corner (ecorner)



Original Course Name: Entrepreneurial Thought Leader Speaker Series