24 September 2006

Mercury Technology Labs

My blog will focus a lot on my efforts on starting up a venture creation company called Mercury Technology Labs (www.mercurytechlabs.com). I have placed a description of Mercuy Labs here for your information . . . a bit of context.


About Mercury Technology Labs


Mercury Technology Labs is an innovation connector and venture creation company operating from Memphis, Tennessee. Mercury Technology Labs fulfills these two critical roles in the innovation economy by embracing principles of open innovation and innovation acceleration. Mercury partners strategically with corporate research and development engines to evaluate their intellectual property and provide external commercialization support as part of a framework for open innovation. Furthermore, Mercury finds the best raw technologies and research talent from research and development labs both academic and industrial, invests management expertise and capital, and creates new technology business ventures. Mercury Technology Labs is tapping the opportunity of technological intellectual capital and providing value as an innovation engine.


Mercury inspires researchers and companies to find the most appropriate business model to commercialize a new offering -- whether that model exists within a current framework or must be sought through new external paradigms. Our methods of moving research and development externally can create significant value and make the best use of ideas generated within or outside the current business.


Mercury Technology Labs specializes in supporting innovation outside the normal channels of research and development labs in industry and academia. Rapid business prototyping is a critically important component of technological innovation; this is our core competency. Mercury Technology Labs is growing a portfolio from raw technology and research talent into rapidly growing start-up companies.

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