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  • Five tips for crowdfunding success | Business Spectator
    in Melbourne online crowdfunding platforms are a relatively new phenomenon Kickstarter currently the largest crowdfunding platform and one of the first was launched as recently as 2009 In the four years since crowdfunding has proved to be a spectacular growth industry In 2012 almost US 2 7 billion was raised through more than one million crowdfunding initiatives from around 450 separate platforms around the world with successful projects typically attracting US 5 000 to US 10 000 For the most part projects from the creative industries have dominated these micro funding economies For example film and music projects constitute more than half of all Kickstarter undertakings and more than 35 per cent of all pozible projects Shaking the tail end Several platforms catering for alternative funding categories have recently emerged including some designed specifically for crowdfunding research With suggestive names like Microryza RocketHub and Fundageek these platforms for the most part focus on supporting ambitious scientific research These sites typically limit themselves to specific research projects rather than developing institutional or sectoral partnerships they are also often limited to projects hosted in the US and Canada In contrast Deakin s partnership with pozible was explicitly intended to boost the long poorly funded tail of the research community in particular to provide a funding avenue for early career researchers and or for projects requiring only modest investment Our initial set of pozible projects aimed for total contributions between 5 000 and 20 000 and the researchers were supported by the University s marketing public relations and social media divisions Based on the success of this pilot project pozible will shortly open a research category in their platform and are inviting universities to consider this approach to resourcing research So what advice do we have for researchers interested in giving crowdfunding a go Five crowdfunding tips Scale your research design to suit different levels of funding One of the unique aspects of crowdfunded research is that it is entirely possible to receive more money than you set out to raise Projects need to be scalable in order to encourage funding at higher levels Instead of asking for more in the expectation that your budget will be cut think about the smallest amount you can feasibly begin working with and scaffold your research request upwards Remember this is totally different than writing an NHMRC or ARC grant Recognise the difference between public relations and marketing Many academics are very comfortable talking about their research it s what we re often most passionate about But looking someone in the eye and asking them for a contribution is another matter altogether It s really important to be relaxed about directly asking someone for money and the prospect of being knocked back Be comfortable mixing the personal and the professional Successful crowdfunding means engaging with the people who have the biggest investment in seeing you succeed And nine times out of ten this will be your friends and family or even your colleagues down the corridor

    Original URL path: http://www.businessspectator.com.au/article/2013/9/20/technology/five-tips-crowdfunding-success (2014-01-12)
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  • Deb Verhoeven and Lee Astheimer | Business Spectator
    Federal Budget International News Asia Europe USA National Affairs Latest stories Gagging visas are an attack on democracy The skyrocketing price of a journalist visa for Nauru will limit coverage of Australian prisoners on a vassal state It is an insult to the democratic principles this country stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Deb Verhoeven and Lee Astheimer Five tips for crowdfunding success The model of appealing to the public to fund social undertakings may date back centuries but the likes of Kickstarter have taken it to a whole new level Here s how you plan a foray into crowdfunding by Deb Verhoeven and Lee Astheimer 8 12am September 20 Search Markets Global Indices Index Last Chg Chg DOW JONES 16437 05 7 7 S P 500 1842 37 4 2 0 2 NASDAQ 4174 66 18 5 0 4 FTSE 100 6739 94 48 6 0 7 NIKKEI 15912 06 31 7 0 2 Hang Seng 22846 25 58 9 0 3 The Spectators Harnessing the power of the one man

    Original URL path: http://www.businessspectator.com.au/contributor/deb-verhoeven-and-lee-astheimer (2014-01-12)
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  • Dyson sues Samsung in patent row | Business Spectator
    anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Dyson sues Samsung in patent row 11 Sep 2013 4 53 AM Technology Industries Manufacturing Economy Innovation Samsung accused of using patented technology in new vacuum You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP Dyson is suing Samsung claiming the Korean giant s new vacuum cleaner uses technology patented by the British company The company alleges that the new Motion Sync vacuum cleaner uses a steering mechanism that is a copy of Dyson s DC37 and DC39 models which were introduced last year This looks like a cynical rip off by the giant Korean company Samsung James Dyson said Although they are copying Dyson s patented technology their machine is not the same Samsung has many patent lawyers so I find it hard not to believe that this is a deliberate or utterly reckless infringement of our patent We have been forced to issue proceedings in the English High Court but I would much rather invest in research to develop new technology than have to sue Dyson says it spent three years researching and developing the design of the DC37 and DC39 which pivot on a central ball rather than wheels But Samsung says it developed the technology

    Original URL path: http://www.businessspectator.com.au/news/2013/9/11/technology/dyson-sues-samsung-patent-row (2014-01-12)
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  • Big business and start-ups: a win-win relationship | Business Spectator
    that are poised to transform their markets Partnerships between enterprises and entrepreneurs offer significant benefits for both sides access to key decision makers and new markets for entrepreneurs visionary perspectives and investment opportunities for established firms Developing and sustaining these partnerships and capitalising on the innovation dividends which ensue is essential to ensuring Australia s competitiveness in a global digital economy Mutually Beneficial Disruption Entrepreneurial communities are a major source of new innovations which power technological and economic development they also often act as a barometer for the mainstream products and services of the future Yet the barriers to success are high more than 75 per cent of start ups fail and growing rapidly as a result of increasingly global marketplaces of capital and knowledge Australian start ups have traditionally only had access to a relatively small pool of local funding at the same time entry into more established venture capital markets in the US and Europe is an extremely competitive and often bureaucratic process In addition entrepreneurs tend to have deep expertise related to their big idea but not in terms of other core skills like business development or sales and marketing Highly promising ideas often fail simply due to a lack of industry connections or business building experience Established enterprises have a responsibility to give these start ups a leg up not a charitable gesture but as a highly strategic initiative which invigorates and complements their own organisations in the process Many incumbent businesses have yet to embrace an agile responsive approach to innovation and failing to do so now is likely to significantly impede future profits and organisational viability IBM s latest research into Australia s digital economy found for example that major enterprises which fail to digitally transform by 2018 will have little chance of competing with their more innovative and nimble peers either being absorbed by them or collapsing entirely Fostering the next generation of start ups is a must for any major enterprise even those which already have a culture of ongoing innovation IBM s SmartCamp competition makes up a core component of our Global Entrepreneur Program consisting of short 1 2 day boot camp events where start ups work with IBM experts venture capitalists industry experts and academics to develop and pitch their business models For participating start ups the biggest benefits are the in roads into the enterprise technology ecosystem this year s Sydney event on September 5 for example will see judges hailing from some of Australia s most successful venture capital firms alongside access to IBM and third party resources in IT research and business development That means more chances of gaining funding beta customers and a commercially successful product in its three years of operation IBM SmartCamps have helped participants raise more than 115 million in VC funding Unlocking innovation s ROI It s in technology enterprises best interests to enable grassroots innovation including ideas which might otherwise be too ambitious or niche to become commercially viable on their

    Original URL path: http://www.businessspectator.com.au/article/2013/9/4/technology/big-business-and-start-ups-win-win-relationship (2014-01-12)
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  • Michael Stevens-Jones | Business Spectator
    Politics Australian Election Federal Budget International News Asia Europe USA National Affairs Latest stories Gagging visas are an attack on democracy The skyrocketing price of a journalist visa for Nauru will limit coverage of Australian prisoners on a vassal state It is an insult to the democratic principles this country stands for Britain will be poorer for Scotland the brave The economic case for Scottish independence is far from settled with doubts hanging over volatile oil prices and uncertainty over future revenues One thing is certain it would be a disaster for Britain Technology NBN Buzz Mobility BYOD Smart Devices Emerging Tech Applications Big Data Cloud Computing Data Management Reviews Social Media Start ups Security Data Security Identity Management Wireless Security Telecommunication Latest stories Google v Facebook Who knows wins The unparalleled Google Analytics service means Google knows more about internet users than anyone else And runner up Facebook must go further to mine precious user insights if it wants to compete Will Twitter s founder strike social gold twice Biz Stone is looking to tap into the selflessness of others with his latest venture Jelly Enterprises But the just launched app will have to quickly shift into something of real value if it s to become a mainstream success Climate Carbon markets Energy markets Renewable energy Resources Solar energy Wind power CleanTech Science Environment Green Deals Policy Politics Smart Energy Latest stories Marking the milestones of 2013 Australia s transition to a clean energy economy took some political blows in 2013 but progress on the ground was heartening with energy efficiency solar and wind all providing tangible proof of their future potential A fifth year of declining power consumption Power consumption fell again in 2013 dipping 2 8 per cent across the National Electricity Market as scheduled renewables rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu Michael Stevens Jones Big business and start ups a win win relationship Partnerships between enterprises and entrepreneurs offer significant benefits for both sides Developing and sustaining these partnerships may be the key to ensuring Australia s competitiveness in a global digital economy by Michael Stevens Jones 9 30am September 04 Search Markets Global Indices Index Last Chg Chg DOW JONES 16437 05 7 7 S P 500 1842 37 4 2 0 2 NASDAQ 4174 66 18 5 0 4 FTSE 100 6739 94 48 6 0 7 NIKKEI 15912 06 31 7 0 2 Hang Seng 22846 25 58 9 0 3 The Spectators Harnessing the power of the one man brand Ken Phillips 10

    Original URL path: http://www.businessspectator.com.au/contributor/michael-stevens-jones (2014-01-12)
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  • NBN benefits 'significant': Deloitte | Business Spectator
    rose to 12 per cent of the market Industries Advertising and Marketing Agribusiness Automotive Aviation Construction and Engineering Education Family Business Financial Services Food and Beverages Gaming and Racing Health and Pharmaceuticals HR Industrial relations Information Technology Infrastructure Insurance Manufacturing Media and Digital Resources and Energy Professional Services Property Retail Small Business SME Telecommunications The Ashes Tourism Transport and Logistics Video KGB TV China Spectator CEO Hub Leadership Lab Management Insights Young Leaders Knowledge Centre Adapt or Die Knowledge Hub Business Accelerators Webinars eBooks Menu NBN benefits significant Deloitte 4 Sep 2013 12 55 AM 5 Politics Election Technology NBN Buzz Telecommunication Industries Media and Digital Small Business SME Economy Australian News Innovation Productivity Network to save households thousands of dollars by the end of the decade You must be logged in to read this article Not a member yet Register today Business Spectator is available on all of your devices so you can access the latest news and commentary where and how you like Register now Already a member Sign in here Email Address Enter your Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password AAP The national broadband network could save households thousands of dollars by the end of the decade through better productivity cheaper communication and reduced travel costs A Deloitte Access Economics analysis for the government says the average household would get 3800 in benefits a year by 2020 through using the NBN It quantifies the savings in 2013 dollars for communications e commerce online entertainment services travel savings employment by teleworkers and productivity Added together these estimates suggest very significant household benefits from broadband the report posted on the broadband department website states But it notes its estimates don t take into account the costs of broadband or equipment like modems and computers It cautions the report is not a cost benefit analysis of high speed broadband Many of the benefits will emerge gradually as consumers find price discounts and variety online as more employees are allowed to telework and as people get more accustomed to accessing services online the report states There will be a lot of change from the broadband revolution and there will be a gradual transition this decade Labor intends to highlight the report on Wednesday saying it shows the NBN will not only transform the Australian economy and improve national competitiveness but also directly benefit every family Print this page Related articles 10 Jan ACMA hits Telstra with record fine 10 Jan Google v Facebook Who knows wins 08 Jan Will Twitter s founder strike social gold twice 08 Jan Australia risks missing tech boom 08 Jan Telstra to sit on cash report More from Business Spectator Technology Adapt or die Commercial The Future of Energy Family Business Alan Kohler s Family Business China China Spectator Please log in or register to post comments Comments on this article Comments Policy Tim Bullen Wed 2013 09 04 10 05 Though they give

    Original URL path: http://www.businessspectator.com.au/news/2013/9/4/technology/nbn-benefits-significant-deloitte (2014-01-12)
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  • The innovator's curse | Business Spectator
    Email Address Password Enter the password that accompanies your Email Address Remember me Log in Request new password When Harvard Business School s Clay Christensen discusses innovation for example his talk at BoxWorks here he puts forward theories on the causes of success and failure of innovation Through a repertoire of case studies evoking David vs Goliath Christensen an authority on disruptive innovation offers a convincing alternative to the management orthodoxy which prevents innovation especially the meaningful disruptive kind in established organisations More importantly he asserts that innovation is not something that happens randomly or only through the incantations of a Chief Magical Officer There is a process and even perhaps a repeatable process for successful innovation But one assumption that underlies this narrative is that innovation is good Or more precisely that innovation is rewarded making its goodness desirable through market mechanisms The happy ending to the story is that the innovator solves the dilemma delivers the great innovation perhaps more than once and then basks in glory But my observation is that the way markets behave often contradicts this measure of worth of innovation Zero reward Here s the problem If a company produces a string of successes the conventional wisdom is that the chances of another success are precisely zero A company is valued based on its cash flows and foreseeable improvements to them What it s not valued on is its innovation flows and foreseeable improvements to them In other words if you have succeeded in the past the only certainty is that you will not be able to succeed again This assumption exists even if you have succeeded more than once The wisest will offer as many excuses for being lucky more than once as they will for being lucky once In fact just as the illusion of a run of heads means the next coin flip must surely be a tail a string of random successes is deemed to increase the probability that the next attempt will end in failure This discounting of repeatable success means that the reward for a process of innovation is zero and therefore that innovation itself is a priori value free a company will be priced according to products it created in the past and that price might be significant but as competitive pressures increase the value itself is discounted What is certain to be worthless however is the ability of any company to come up with something new This means that an innovator not only has to struggle with getting an organisation to create something new but also to do so without the benefit of capital markets When trying to raise financing for a sustainable innovation engine the markets speak unanimously you haven t got a chance Trusting the engine of creation Therefore the only way an innovator can finance the next innovation is to use proceeds from a previous innovation having faith in his engine of creation Listening to the market would only convince the innovator that

    Original URL path: http://www.businessspectator.com.au/article/2013/8/28/technology/innovators-curse (2014-01-12)
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  • Horace Dediu | Business Spectator
    Dediu 9 01am August 09 4 comments A closer look at Apple s competition Doing a competitive analysis for Apple is never easy given that it is facing challengers on so many fronts While all of these companies compete with Apple to some degree they may not compete with each other Competition it seems is not transitive by Horace Dediu 8 03am August 02 Apple s biggest acquisition Apple s gargantuan cash pile prompts a lot of speculation about acquisitions but its recent share buyback could be the tech giant s best buy ever by Horace Dediu 10 07am July 30 What Apple s latest recruit brings to the table Apple s decision to hire the former CEO of the fashion house Yves Saint Laurent Paul Deneve is intriguing to say the least but what special projects does Tim Cook have in mind for his latest pick by Horace Dediu 10 49am July 09 What s a BlackBerry user worth The smartphone pioneer now has 72 million subscriber accounts but the value of each one has fallen precipitously Maybe there was no perceived value in the BlackBerry install base to begin with by Horace Dediu 9 27am July 02 The iTunes value conundrum Apple recently announced that iTunes has 575 million accounts However each of the current accounts generates about half the revenue of the 100 million accounts of 2009 So what s driving the decline by Horace Dediu 10 14am June 18 1 comment Taking iOS in the car for a spin The idea of iOS in the car did manage to turn a few heads at WWDC 2013 but it will take a long time before Apple can make any money from this However it s a significant opportunity for the ailing auto industry by Horace Dediu 8 43am June 13 Hope for Windows amidst an iOS takeover There s some concern that the continued growth of iOS and Android will push Windows out of the picture But that s not necessarily the case and there will always be room in the market for Microsoft s efforts by Horace Dediu 9 35am June 06 What is Apple spending money on Apple has often been criticised for going easy on M A but it has been busy on that front It s not just buying companies but also investing heavily in capital equipment by Horace Dediu 8 55am June 04 1 comment How much do Apple users spend on iTunes Apple s break even business appears to be growing by the day So how much money is the tech giant claiming off its iTunes fans by Horace Dediu 8 51am May 14 Has Android reached its peak Android s lead in the smartphone market may be under threat from churn as consumers feel a higher degree of loyalty towards iOS and the Apple brand by Horace Dediu 8 04am May 07 2 comments Apple s margin crunch The latest numbers may have managed to meet market expectations but Apple s margins failed to improve in the quarter So what s behind the squeeze by Horace Dediu 8 11am April 26 Explaining the PC market s looming collapse Low margins aren t the source of PC makers woes The high volume of sales that used to help sustain these types of products is now eroding away and even Apple isn t immune from this downturn by Horace Dediu 10 20am April 18 The real cost of a Galaxy Samsung may trail behind Apple in the device race but when it comes to how much capital they spend on manufacturing their products the Korean technology giant is a clear winner by Horace Dediu 10 24am April 09 1 comment Apple s iTunes profit agenda The iTunes store was founded on the idea that it would run as a break even business but rampant growth now earning the tech giant a handsome profit by Horace Dediu 11 08am March 26 Page 1 What s the worth of Microsoft s mammoth ad spend Microsoft spends over double the amount Apple does on advertising but when compared to its sales it may not be getting bang for its buck by Horace Dediu 7 54am November 06 2 comments How long until HTC crumbles The Taiwanese smart device maker has lost profitability for the first time since going public in 2002 and HTC might have to change ownership or control by mid 2015 by Horace Dediu 7 14am October 09 1 comment Can Samsung copy Apple s mojo There is a distinct similarity between Microsoft Google and Apple all three have become companies that offer software hardware and services Samsung will need to consider the same scenario as it continues its growth and not rely on the good graces of suppliers by Horace Dediu 11 11am September 11 The innovator s curse Innovation is not something that happens randomly or only through the incantations of a Chief Magical Officer There is a repeatable process for successful innovation which is something markets don t necessarily reward by Horace Dediu 9 19am August 28 1 comment India the mobile market s final frontier Tracking mobile market has never been easy and India s preference for cheaper phones through dubious channels makes it even harder Question is will the likes of Apple ever crack India or will it remain a hotbed for counterfeits by Horace Dediu 8 30am August 27 Pricing Apple s new iPhones Apple is a creature of habit when it comes to pricing and the clues to deducing how much the iPhone 5S and 5C will cost may lie in the way the iPad mini was marketed by Horace Dediu 9 45am August 19 Is Amazon the anti Apple The presumption that companies can shift business models at will is a fallacy Large companies can t pivot on a dime Microsoft and Apple have found that out the hard way and so might Amazon by Horace Dediu 9 01am August 09 4 comments A closer

    Original URL path: http://www.businessspectator.com.au/contributor/horace-dediu (2014-01-12)
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