The new tends to polarise
Better is often the enemy of good. What is established resists the new and anticipates its failure. Novelty creates uncertainty and polarises. The innovation dilemma is nothing new.
The innovation dilemmaPhilosophy
Risk and innovation
Innovation involves uncertainty. The more disruptive a technology and the less predictable its market, the more difficult it is to assess.
01
More than capital
Technology ventures require experience, knowledge and a robust network
Investing in innovation involves more than capital. Investors assume part of the entrepreneurial risk, giving companies the scope to develop their technology, establish it in the market and scale. The risk involved in developing a new technology is thus shared among several parties.
Three challenges
Complexity requires costly specialist expertise
Technological innovation is difficult to assess because its future development must be anticipated. This requires deep specialist knowledge, experience and a robust expert network.
Technology and business often speak different languages
The commercial potential of technologies must be assessed carefully, translated into clear business scenarios and communicated to investors in a way they can evaluate.
02
Approach
Technical and commercial assessment
VentureCheck combines technical understanding with an entrepreneurial and commercial perspective. Its work is independent and evidence-based. Assumptions are challenged; potential, critical issues and open questions are assessed.
Risk cannot be eliminated entirely from innovation. It can, however, be translated into transparent assumptions, verifiable facts and deliberate decisions.