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March 3, 2020

It’s hard out here for an inventor/innovator (with apologies to Academy Award Winner Three 6 Mafia)! While some (such as Edison, Jobs, Musk, etc.) become billionaires, many others fail — often for predictable reasons. Based on class discussion and re

It’s hard out here for an inventor/innovator (with apologies to Academy Award Winner Three 6 Mafia)! While some (such as Edison, Jobs, Musk, etc.) become billionaires, many others fail — often for predictable reasons.

Based on class discussion and readings, identify several (e.g., at least three) major reasons why inventors/innovators fail other than bad luck or their own lack of skills (which is addressed separately in Essay Question #2) and offer suggestions for how these predictable failures you identify might be anticipated, averted, or reduced. If you have a personal/family business experience with failure (or adversity) as an inventor/innovator, you may include your experience as part (but not all) of your analysis.

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