The president and chief executive officer (CEO) of an established Toronto-based boutique consulting firm is in the procedure for expanding his company's core competency from the mainly mature tech sector to the new and quickly growing field of clean technology.
LumiSmart (A) Answering the Call for Negawatts Case Study Solution
When used to a fluorescent lighting ballast, in this time, the CEO is introduced to an inventor and an entrepreneur who developed a waveform technology they promise will instantaneously reduce electricity consumption by 30 per cent or more. The pair present the CEO and his partners using a rough image, a handful of patents on the brink of expiring, and only verbal confirmation the technology may be demonstrated and certified.
The potential of this radical new technology intrigues the CEO and must choose if he and this firm will back the associates. The 2nd portion of the case investigates the way the development of the clean technology may be financed.
PUBLICATION DATE: May 02, 2011 PRODUCT #: W11093-HCB-ENG
This is just an excerpt. This case is about INNOVATION & ENTREPRENEURSHIP
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