Technology development, severed ventures, and other aspects of corporate venture capital

Abstract

The following discussion is based on the experience of Memorial Drive Trust (MDT) in connection with efforts of business corporations to participate through investment or contribution of technology, resources, or personnel, in the development of other business enterprises. We shall emphasize so-called "severed ventures," but will include an example of another approach. We shall also describe a capability in the areas of technology and product development up to and including participation in startup or early-stage technology ventures.