Author Archives: Arlen Meyers

Have an idea? What’s next?

During residency, Dr. Jones, realized there were many surgical problems that needed innovative solutions. During his chief year of residency, he started his first company and created and acquired patents around a more convenient surgical instrument. While working on this project, he identified several other clinical problems that needed to be solved and began to add to his portfolio of products. ...

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A Boomers Guide to Teaching Millennials

My parents were traditionalists. I’m a boomer. I work with a lot of Gen-Xers. I teach a lot of millennials. We are all trying to understand each other and adapt to how we teach and learn. Some teachers have to deal with helicopter parents more than the kids. Since we are all, mostly, products of our environment and the cyclical ...

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10 Reasons Why Digital Health Startups Fail

Startups, in general, fail for many reasons. One observer mentioned his top 5 reasons as 1) lack of capital, 2) expanding too soon, 3) heavy reliance on debt, 4) poor strategy, and 5) poor business model and plan. Ultimately, there are two basic reasons: 1)They make stuff no one wants to buy, and 2)they have a business model that is not valid ...

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What Makes Innovation Districts Successful?

What Makes Innovation Districts Successful?

Open innovation, a rarity in sick care, depends on the free flow of information from inside to outside and vice versa. For that to happen, it takes a permeable membrane to drive osmotic flow of information and possible solutions across the separator. Like a polaroid lens that allows you to see things only when the optical conditions are right, likewise, ...

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How to Be a Happy Innovator

Patricia Hempl has written The Art of the Wasted Day. In it, she posits that the founding fathers didn’t do us a favor when they charged us with the pursuit of happiness. Psychologists, authors and philosophers, you see, have been telling us for 2000 years that the first and most important key to finding happiness may be the most difficult for many ...

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How Should We Educate Children to Win the Fourth Industrial Revolution?

Thriving in the fourth industrial revolution will require nothing short of restructuring public education at all levels, not just K-12. One goal should be to create entrepreneurial schools and universities, and by that I don't mean teaching children how to start businesses. Instead, creating the entrepreneurial mindset is about the pursuit of opportunity with scarce resources with the goal of creating user defined value through the deployment of innovation.

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How Doctors and Patients Can Win the Fourth Industrial Revolution

The Fourth Industrial Revolution is a mental model created by the leaders of the Joint Economic Forum and describes how physical, digital and biologic technologies have collided and the resulting challenges and opportunities that presents. Here is how AI is changing sick care. Here is how 3-D printing is changing sick care. Here are the opportunities using VR/AR in sick care. Google and ...

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How to Overcome the Barriers to Academic & Industry Collaboration

Almost 20 years ago, a report from the National Academy of Sciences and the Institute of Medicine described the results of a conference addressing and the barriers to academic-industry collaboration and solutions to overcome them. While there has been slow progress addressing these issues, for the most part, the barriers persist and industry frustration with academic medical centers continues. Trends in ...

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Innovating Takes Courage

Being an innovator takes courage. You are a guerrilla fighter waging war against the status quo, vested interests and corporate bureaucracy that have sophisticated defenses against intruders that seek to threaten their cash flow, culture and business models. You are fighting for the hearts and minds of patient customers ,payers, providers and non-users alike and will need to overcome your ...

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Business People Are Lousy Doctors

So doctors are lousy business people, huh? Well, imagine if your doctor prescribed something based only on your chief complaint. They did not take a history. They did no physical exam and they did no lab tests or imaging if it were necessary . Yet, business people, particularly digipreneurs, do it all the time. If you think about it, entrepreneurs are continual ...

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