Being Quote by Arvind Gupta
“A big part of the accelerator is to help scientists become entrepreneurs. I like to think about each business being built on three major areas: creating the value, creating the product, and extracting the value. We provide help in each of these areas.”
About This Quote
Source Speech: Entrepreneurship Accelerator Launch, Arvind Gupta, 2023
Scientists must adopt entrepreneurial mindsets, building value, product, and extracting value with support.
In simple terms: Scientists should become entrepreneurs by creating and extracting value.
Apply business frameworks to scientific ventures.
Themes
Mood
Type
When to use this quote
- research labs
- startup incubators
- technology licensing
Key Concepts
Questions to Reflect On
- How can scientists maintain research rigor while commercializing?
- What resources best support value extraction?
Balancing scientific integrity with profit motives can be challenging.