Essential Skills and Mindset for Successful Innovators and Entrepreneurs in the Asia-Pacific Region

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Project IP as a builder and
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The Innovator’s/Entrepreneur’s Mindset
&
Finding the Path of Allies
R.S. Cahoon
  
Our Discussion Today
 
 
What makes a successful Innovator/Entrepreneur?
Skills, experience, capability
 
and some special attributes
 
The “Path of Allies”
  
 
 
What makes a successful Innovator/Entrepreneur?
Technology savvy?
IP skills?
Business experience?
Start-up experience?
 
Yes….. all of the above
  
but there’s something even more essential
Mindset (aka Attitude)
 
 
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Mindset
 
What is it?
  
Why is it so important?
   
What is a mindset for success as an
    
innovator/entrepreneur?
Can you change your mind?
How?
Attitude for success as an Innovator/Entrepreneur
Developing a Vision for Technology
 
The Essential Skills  of the
 
Innovator/Entrepreneur
 
 
 
A successful Innovator/Entrepreneur professional needs:
Knowledge, understanding, awareness  of science &
 
technology or other creative discipline
Familiarity/working knowledge of IP and bioproperty
Understanding and appreciation for the basics of business
 
(profitability) and the commercialization process
Familiarity/appreciation with the intersection of sci-tech
    and business:
 
R&D
 
Product development
 
Market development
 
 
 
A successful Inventor/Innovator/Entrepreneur
 
professional needs to be:
 
Comfortable at the intersection of
 
sci-tech,
 
  
law, and business,
   
Intellectual Property,
    
Contracts
Good communicator; good interpersonal skills
  
The Essential Skills  
 
 
A successful Inventor/Innovator/Entrepreneur
 
professional needs:
Understanding of IP, its creation/management/use
Solid understanding of the intersection of invention
      and patent claims
 
(prior art search, patentability analysis)
Understanding where an invention best fits in
 
the “value chain”
Contracts
 
(MTA, NDA, Licenses, Joint IP ownership)
 
 
Inventors/Inovators/Entrepreneurs are Unique   
 
 
A particularly rich mix of intellectual realms
   Science & Technology
      Law
         Business
            Psychology
               Politics
                  Organizational Dynamics
This creates an extraordinary mental environment
 
A “crucible”
  
of cognition
 
 
 
However, while some level of skill mastery is essential 
 
 
To be truly successful,
 
an Inventor/Innovator/Entrepreneur Professional
  
needs more than these skills.
 
What is that fundamental element?
 
  
the right Mindset
 
 
Mindset
 
  
  
 
 
What is it?
How you think…
 
….. and how you think
  
 about how you think
“Metacognition”
 
= awareness and understanding of one's
  
own thought processes
A good first step: think about your thinking like you think of
 
your refrigerator
 Mindset ≈ attitude
 
Differences in Mindset :  
illustrations
  
  
 
 
No matter how good things look now, something’s going
 
to go wrong”
  
vs.
“No matter how things look now, things will turn out for
 
the best”
“That’s impossible”
 
vs.
“Where there’s a will, there’s a way”
 
Differences in Mindset:  
illustrations
 
 
  
  
 
 
“People are inherently selfish”
 
vs.
“Most people will do the right thing”
“Why keep beating a dead horse?”
 
vs.
“If at first you don’t succeed, try, try again”
“Life is difficult, then you die”
 
vs.
“A good life is full of interesting challenges”
 
 
Mindset
 
Why is it so important?
 
  
  
 
 
Skill, knowledge, expertise are necessary, but
 
insufficient for success
The balance of “aptitude” and “attitude”
We’ve all reached a level of achievement because of
 
our mindset ……..
But, we can get stuck with a mindset that hinders
 
rather than fosters success
Mindset is critical for the
 
inventor/innovator/entrepreneurial professional
 
Mindset
 
Three types of people
 
  
  
 
 
Can-do”… or
 
“can’t-do”
“Can-do”… or
   
“Will-do”
 
 
Mindset
 
Is there
 a mindset for success ?
 
  
   
 
  
(and happiness)
“Growth” vs. “Fixed” Mindset  (C. Dweck, 
Mindset
)
Growth mindset:
 
success through the personal evolution of
  
doing, learning, progressing, experience
Fixed mindset:
 
success by proving you’re smart;
 
imposed constraints on your thinking and
  
ability
Growth vs. Fixed Mindset
 
 
 
Fixed:
 
If you’re smart, intellectual effort and
  
difficulty is a bad thing, to be avoided
Growth:
 
Intellectual effort and difficulty is what
  
makes you smart and leads to
   
learning and achievement
Fixed:  
“I can’t do that”
Growth:  
“I wonder how I’ll do that?”
 
The Growth Mindset
 
 
A fundamental belief that you are in control of your own
      ability and destiny; that success comes from doing,
         learning, improving… experience.
Hard work, effort, and persistence are essential, but
      more important is the underlying belief that you are in
         control of own fate, that 
you will make mistakes 
as
 
you learn, evolve, and succeed in the face of difficulty
               & challenge.
The Growth Mindset
 
 
 
Making mistakes is not just ok, it’s a positive
 
sign of learning while trying
Fear of mistakes hinders your progress
Perfectionism is the enemy of the possible
 
The Growth Mindset
 
 
  
 
 
Applies to profession, personal life, relationships
Optimism vs. pessimism
Is the glass half-full or half-empty?
Optimism and realism can co-exist
Fantasy-minded, or unrealistic dreaming
 
is unlikely to produce results
“Optimistic Realist”, “Practical Dreamer”
 
a better balance
 
The Good News 
 
 
  
 
 
We can change our mind (mindset)
“Neuralplasticity”
the ability of the brain to change continuously
 
throughout an individual's life
Where attention goes,
  Neuron-firing flows,
    Where neuron-firing flows, pathways are built
      Neural pathways produce behaviors
        Behaviors produce states
  
(Siegel, 
Aware
)
Mindset:  How to change your mind
 
 
 
Think about your thinking
 
(view your thinking objectively)
Practice putting as much space as possible 
 
between
 
yourself and your thoughts
The “Wheel of Awareness” (Siegel)
Observe your thought processes
Consider your thinking as a “voice”
Contemplate how emotion relates to your 
 
thought
 
processes
Practice objectifying your thought processes
Mindset:  How to change your mind
 
 
 
Practice separating the intellectual from emotional in
 
your thought processes
Meditation
Remember to step back from being constantly caught-
 
up in intellectual content
 
 
Mindset: How to change your mind
 
 
 
Realize you can change your way of thinking
Choose the growth mindset
Talk back to the fixed voice in your mind
Try to stay in a growth mindset
Avoid unnecessary mixing of intellect and
 
non-constructive emotion
Look forward to intellectual challenges and relish
 
the difficulty
 
(like muscle discomfort of a physical workout)
Mindset :How to change your mind
 
 
 
Embrace problems and challenges
Enjoy the feeling of learning
Appreciate not knowing
Do not worry
 
(worry is like praying for something bad to happen)
Welcome mistakes as a badge of learning
Enjoy being an amateur
Stimulate and appreciate your curiosity
Be kind
Mindset :How to change your mind
 
 
 
Don’t underestimate the power of the lost-art of
 
concentration   
(Wood, 
Concentration
)
Practice concentration – often
 
don’t forget free-flowing thought too –its opposite
Use intoxicants and mind-alterants carefully,
 
judiciously, or not-at all
Develop and use your sense of humor
Look for the joy in life and your job
Find levity all around you
 
A Recipe for a Good Mindset
 
 
 
 
Enjoy the present moment (mindfulness)
Look for and try to solve problems, accept mistakes
Take action
Maintain focus, don’t be distracted
Stay positive, counter the negative voice
Help others, encourage collaboration
Stay resilient, be persistent
Always be learning
Believe in yourself; setbacks necessary for growth
Take calculated risks
Stay in a growth mindset
The Inventor/Innovator/Entrepreneur
 
Attitude for Success
 
 
 
This is a noble calling
 
(doing good for humanity)
YOU hold the keys to successfully bringing 
 
new
 
technology to society
You have a “sacred” duty to help bring solutions to
 
problems, for the public-good
The challenges faced – and the essential role of the
      inventor/innovator/entrepreneur is little-known
 
expect to be mis-understood at times
Inventor/Innovatior/Entrepreneur Professional
 
Attitude for Success
 
 
 
Balance thinking with acting
Remember the three types of people:
 
“Can’t-do”
 
  
“Can-do”,
   
WILL-DO
Successful Inventor/Innovator/Entrepreneur
Professionals:
 
“Will-do” people
Inventor/Innovatior/Entrepreneur
Professional: 
 
Attitude for Success
 
 
 
 
Ask yourself:  “What can I do today to move the
invention/innovation/opportunity forward?”
Develop a “vision” for the technology
What is a
“Vision for Technology Commercialization”?
 
 
The ability to think about and plan for future uses of a
new technology with ….
 
    …….imagination and
   
….wisdom
Discovering your 
 
Vision for Technology Commercialization”
 
Curiosity
Imagination
Creativity
Inventiveness
Innovation
Inspiration
Intuition
Awareness
Insight
foresight, prescience
Discovering the Vision
 
Intelligently and creatively imagine the technology in
 
practice, solving problems,
  
creating opportunities
Optimistic, glass half-full thinking
Combine your left-brain (linear, analytical) and
 
your right-brain (wholistic, big picture, creative)
  
thinking (
see 
A Whole New Mind  
by D. Pink)
Practical dreaming
Encourage your whole mind through right-brain or
 
left-brain exercises
Find the “dots” and connect them
Enjoy the creative process
Stimulating your Vision
 
Listen and think symphonically – connect different
 
and often unrelated ideas, disciplines
Don’t fear crossing of intellectual/disciplinary
 
boundaries
Always look for relationships
Don’t fear mistakes; no perfectionism!
Perfectionism is the enemy of the possible
Be a “lateral inventor”
Enjoy/use metaphor – understanding something in
 
terms of something else
Stimulating your  Vision
 
See the “big picture”
Visit newsstands
Draw
Follow the links (internet)
Enjoy looking for problems to your solutions
 
(inventions)
Create an inspiration board
Release stream-of-consciousness using
word-maps
 
 
 
Stimulating your Vision
 
Try brainstorming
Go for quantity (having good ideas requires lots of
 
ideas)
Encourage wild/crazy ideas (not too much)
Be visual
Defer judgement of good/bad, right/wrong
Always listen (politely), add positively to the dialogue
Don’t be afraid to go against the tide of opinion
Remember: finding good ideas requires many ideas
Celebrate others ideas, your own, and the synergy of
 
communal thought
 
 
 
 
 
 
Inventor/Innovator/Entrepreneur 
Professional
 
Some final advice
 
 
 
Stay curious
Enjoy this unique profession
Have fun
Enjoy being an amateur
Develop and use your sense of humor
 
(find it, if you’ve lost it)
Your personal/professional reputation is your most
 
valuable asset
Keep your priorities in order
 
(family, friends relationships are essential)
Some Resources
 
 
 
Mindset
 
Dweck, C.
Aware
  
 
Siegel, D.
A Whole New Mind  
Pink, D.
The Power of Mindfulness  
Nyanaponika, T.
Learned Optimism: How to Change Your Mind
 
 Seligman, M.
Concentration: An Approach to Meditation
 
 
Wood, E.
Practicing Mindfulness: An Introduction to Meditation
 
Muesse, M.
Finding the Path of Allies
 
What are “Allies”?
What “Path” are we talking about?
The entrepreneur’s story of his pathway of allies
 
his venture: growing drinking straws in the field
All along the pathway of trial and difficulty, of decisions
      and disappointments, of key moments of potential
         failure or survival………..
            an ally appears
Although it is often a “cold and cruel world”
      many people celebrate the
         inventor/innovator/entrepreneur
 
and will give them a helping hand at key moments
 
 
 
 
The Pathway of Allies
 
Know that your Allies are out there – waiting to help
Don’t hesitate to ask for help
Be open to tiny openings of offer-to-help
Make it easy for others to help you
Network and get your message out
 
 
 
Thank you
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Explore the key attributes and mindset required for success in innovation and entrepreneurship, focusing on the Asia-Pacific Women Innovators & Entrepreneurs Program. This program emphasizes technology savvy, IP skills, business experience, and a supportive mindset for aspiring innovators and entrepreneurs. It discusses the critical intersection of science, technology, and business, emphasizing the importance of knowledge, IP management, and commercialization processes for professional growth in this dynamic field.

  • Innovators
  • Entrepreneurs
  • Asia-Pacific
  • Skills
  • Mindset

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  1. Asia-Pacific Women Innovators & Entrepreneurs Program

  2. WIPO The Asia-Pacific Women Innovators and Entrepreneurs Weekly Program Ideation to Impact The Innovator s/Entrepreneur s Mindset & Finding the Path of Allies R.S. Cahoon

  3. What makes a successful Innovator/Entrepreneur? Skills, experience, capability and some special attributes Our Discussion Today The Path of Allies

  4. What makes a successful Innovator/Entrepreneur? Technology savvy? IP skills? Business experience? Start-up experience? Yes .. all of the above but there s something even more essential Mindset (aka Attitude)

  5. The Innovators/Entrepreneurs Mindset Mindset What is it? Can you change your mind? How? Attitude for success as an Innovator/Entrepreneur Developing a Vision for Technology Why is it so important? What is a mindset for success as an innovator/entrepreneur?

  6. The Essential Skills of theInnovator/Entrepreneur A successful Innovator/Entrepreneur professional needs: Knowledge, understanding, awareness of science & technology or other creative discipline Familiarity/working knowledge of IP and bioproperty Understanding and appreciation for the basics of business (profitability) and the commercialization process Familiarity/appreciation with the intersection of sci-tech and business: R&D Product development Market development

  7. A successful Inventor/Innovator/Entrepreneur professional needs to be: Comfortable at the intersection of sci-tech, law, and business, Intellectual Property, Good communicator; good interpersonal skills Contracts

  8. The Essential Skills A successful Inventor/Innovator/Entrepreneur professional needs: Understanding of IP, its creation/management/use Solid understanding of the intersection of invention and patent claims (prior art search, patentability analysis) Understanding where an invention best fits in the value chain Contracts (MTA, NDA, Licenses, Joint IP ownership)

  9. Inventors/Inovators/Entrepreneurs are Unique A particularly rich mix of intellectual realms Science & Technology Law Business Psychology Politics Organizational Dynamics This creates an extraordinary mental environment A crucible of cognition

  10. However, while some level of skill mastery is essential To be truly successful, an Inventor/Innovator/Entrepreneur Professional needs more than these skills. What is that fundamental element? the right Mindset

  11. Mindset What is it? How you think .. and how you think about how you think Metacognition = awareness and understanding of one's own thought processes A good first step: think about your thinking like you think of your refrigerator Mindset attitude

  12. Differences in Mindset : illustrations vs. No matter how things look now, things will turn out for the best That s impossible vs. Where there s a will, there s a way No matter how good things look now, something s going to go wrong

  13. Differences in Mindset: illustrations People are inherently selfish vs. Most people will do the right thing Why keep beating a dead horse? vs. If at first you don t succeed, try, try again Life is difficult, then you die vs. A good life is full of interesting challenges

  14. Mindset Skill, knowledge, expertise are necessary, but insufficient for success The balance of aptitude and attitude We ve all reached a level of achievement because of our mindset .. But, we can get stuck with a mindset that hinders rather than fosters success Mindset is critical for the inventor/innovator/entrepreneurial professional Why is it so important?

  15. Mindset Can-do or can t-do Can-do or Three types of people Will-do

  16. Mindset Is there a mindset for success ? (and happiness) Growth vs. Fixed Mindset (C. Dweck, Mindset) Growth mindset: success through the personal evolution of doing, learning, progressing, experience Fixed mindset: success by proving you re smart; imposed constraints on your thinking and ability

  17. Growth vs. Fixed Mindset Fixed: Growth: Fixed: I can t do that Growth: I wonder how I ll do that? If you re smart, intellectual effort and difficulty is a bad thing, to be avoided Intellectual effort and difficulty is what makes you smart and leads to learning and achievement

  18. The Growth Mindset A fundamental belief that you are in control of your own ability and destiny; that success comes from doing, learning, improving experience. Hard work, effort, and persistence are essential, but more important is the underlying belief that you are in control of own fate, that you will make mistakes as you learn, evolve, and succeed in the face of difficulty & challenge.

  19. The Growth Mindset Making mistakes is not just ok, it s a positive sign of learning while trying Fear of mistakes hinders your progress Perfectionism is the enemy of the possible

  20. The Growth Mindset Optimism vs. pessimism Is the glass half-full or half-empty? Optimism and realism can co-exist Fantasy-minded, or unrealistic dreaming is unlikely to produce results Optimistic Realist , Practical Dreamer a better balance Applies to profession, personal life, relationships

  21. The Good News Neuralplasticity the ability of the brain to change continuously throughout an individual's life Where attention goes, Neuron-firing flows, Where neuron-firing flows, pathways are built Neural pathways produce behaviors Behaviors produce states (Siegel, Aware) We can change our mind (mindset)

  22. Mindset: How to change your mind (view your thinking objectively) Practice putting as much space as possible between yourself and your thoughts The Wheel of Awareness (Siegel) Observe your thought processes Consider your thinking as a voice Contemplate how emotion relates to your thought processes Practice objectifying your thought processes Think about your thinking

  23. Mindset: How to change your mind your thought processes Meditation Remember to step back from being constantly caught- up in intellectual content Practice separating the intellectual from emotional in

  24. Mindset: How to change your mind Choose the growth mindset Talk back to the fixed voice in your mind Try to stay in a growth mindset Avoid unnecessary mixing of intellect and non-constructive emotion Look forward to intellectual challenges and relish the difficulty (like muscle discomfort of a physical workout) Realize you can change your way of thinking

  25. Mindset :How to change your mind Enjoy the feeling of learning Appreciate not knowing Do not worry (worry is like praying for something bad to happen) Welcome mistakes as a badge of learning Enjoy being an amateur Stimulate and appreciate your curiosity Be kind Embrace problems and challenges

  26. Mindset :How to change your mind concentration (Wood, Concentration) Practice concentration often don t forget free-flowing thought too its opposite Use intoxicants and mind-alterants carefully, judiciously, or not-at all Develop and use your sense of humor Look for the joy in life and your job Find levity all around you Don t underestimate the power of the lost-art of

  27. A Recipe for a Good Mindset Take action Maintain focus, don t be distracted Stay positive, counter the negative voice Help others, encourage collaboration Stay resilient, be persistent Always be learning Believe in yourself; setbacks necessary for growth Take calculated risks Stay in a growth mindset Enjoy the present moment (mindfulness) Look for and try to solve problems, accept mistakes

  28. The Inventor/Innovator/Entrepreneur Attitude for Success (doing good for humanity) YOU hold the keys to successfully bringing new technology to society You have a sacred duty to help bring solutions to problems, for the public-good The challenges faced and the essential role of the inventor/innovator/entrepreneur is little-known expect to be mis-understood at times This is a noble calling

  29. Inventor/Innovatior/Entrepreneur Professional Attitude for Success Balance thinking with acting Remember the three types of people: Can t-do Can-do , WILL-DO Successful Inventor/Innovator/Entrepreneur Professionals: Will-do people

  30. Inventor/Innovatior/Entrepreneur Professional: Attitude for Success Ask yourself: What can I do today to move the invention/innovation/opportunity forward? Develop a vision for the technology

  31. What is a Vision for Technology Commercialization ? The ability to think about and plan for future uses of a new technology with . .imagination and .wisdom

  32. Discovering your Vision for Technology Commercialization Curiosity Imagination Creativity Inventiveness Innovation Inspiration Intuition Awareness Insight foresight, prescience

  33. Discovering the Vision Intelligently and creatively imagine the technology in practice, solving problems, creating opportunities Optimistic, glass half-full thinking Combine your left-brain (linear, analytical) and your right-brain (wholistic, big picture, creative) thinking (see A Whole New Mind by D. Pink) Practical dreaming Encourage your whole mind through right-brain or left-brain exercises Find the dots and connect them Enjoy the creative process

  34. Stimulating your Vision Listen and think symphonically connect different and often unrelated ideas, disciplines Don t fear crossing of intellectual/disciplinary boundaries Always look for relationships Don t fear mistakes; no perfectionism! Perfectionism is the enemy of the possible Be a lateral inventor Enjoy/use metaphor understanding something in terms of something else

  35. Stimulating your Vision See the big picture Visit newsstands Draw Follow the links (internet) Enjoy looking for problems to your solutions (inventions) Create an inspiration board Release stream-of-consciousness using word-maps

  36. Stimulating your Vision Try brainstorming Go for quantity (having good ideas requires lots of ideas) Encourage wild/crazy ideas (not too much) Be visual Defer judgement of good/bad, right/wrong Always listen (politely), add positively to the dialogue Don t be afraid to go against the tide of opinion Remember: finding good ideas requires many ideas Celebrate others ideas, your own, and the synergy of communal thought

  37. Inventor/Innovator/Entrepreneur Professional Some final advice Enjoy this unique profession Have fun Enjoy being an amateur Develop and use your sense of humor (find it, if you ve lost it) Your personal/professional reputation is your most valuable asset Keep your priorities in order (family, friends relationships are essential) Stay curious

  38. Some Resources AwareSiegel, D. A Whole New Mind Pink, D. The Power of Mindfulness Nyanaponika, T. Learned Optimism: How to Change Your Mind Seligman, M. Concentration: An Approach to Meditation Wood, E. Practicing Mindfulness: An Introduction to Meditation Muesse, M. MindsetDweck, C.

  39. Finding the Path of Allies What are Allies ? What Path are we talking about? The entrepreneur s story of his pathway of allies his venture: growing drinking straws in the field All along the pathway of trial and difficulty, of decisions and disappointments, of key moments of potential failure or survival .. an ally appears Although it is often a cold and cruel world many people celebrate the inventor/innovator/entrepreneur and will give them a helping hand at key moments

  40. The Pathway of Allies Know that your Allies are out there waiting to help Don t hesitate to ask for help Be open to tiny openings of offer-to-help Make it easy for others to help you Network and get your message out

  41. Thank you

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