Changing healthcare: Tricorder X Prize

It’s hard not to get excited about the Tricorder X prize if (like me) you are interested in new things in general, and in ways innovation can be applied to reengineering the US healthcare system in particular. I spent some time recently reading carefully through the draft guidelines which describe just what this “Tricorder” needs to do in order to win the $7M first prize. What strikes me most, apart from the sheer ambitiousness of the goals, is the extent to which success is going to require us health industry types to approach the world differently than we have done in the past. [Read more…]

“Lean” medical device, cleantech, telco startups

The Lean Startup movement is a good example of the new internet-company methodologies mentioned in my last post. I got around to reading Eric Ries’ book over Thanksgiving. I liked it a lot, and I have been mulling over what its lessons are for non-internet businesses – particularly for the sort of science-based business I am interested in (medical devices, cleantech, telecom infrastructure).

Does “Lean” need tweaking for science-based startups?

It seems to me that there are several important topics here:

  • Regulation.
  • The number of available early adopters, and ease/cost of access.
  • Speed of each iteration cycle.
  • Metrics.

[Read more…]

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