@article {555,
	title = {Making Money from Exploiting Schumpeterian Opportunities: John Sanguinetti and the Electronic Design Automation Industry},
	journal = {Technology Innovation Management Review},
	volume = {2},
	year = {2012},
	month = {05/2012},
	pages = {18-22},
	publisher = {Talent First Network},
	address = {Ottawa},
	abstract = {Accounts of the effect that John Sanguinetti{\textquoteright}s two companies had on the market for integrated circuit design languages were used to gain insights on how to profit from the exploitation of Schumpeterian opportunities. This article will be of interest to entrepreneurs who expect to profit from exploiting opportunities that disrupt the status quo. To write this article, the author reviewed the literature on Schumpeterian and Kirznerian opportunities and examined the writings of and about Sanguinetti and his companies, blogs written by industry insiders, and articles in industry trade journals. Sanguinetti{\textquoteright}s first company introduced a new technology and his second company introduced a new business strategy and a new technology. Both of Sanguinetti{\textquoteright}s companies undermined the capital investments of the established incumbents and created new value for customers. The article provides three main insights. First, deep knowledge and experience in the customer domain enable an entrepreneur to recognize and act to profit from a Schumpeterian opportunity. Second, to profit from a Schumpeterian opportunity the entrepreneur needs to combine technology and business model components in a way that adds significant value to customers. Third, large amounts of venture capital may or may not be required to exploit Schumpeterian opportunities. },
	keywords = {CynLib, EDA industry, integrated circuit design, John Sanguinetti, Schumpter, technology entrepreneurship, verilog, VHDL},
	issn = {1927-0321},
	doi = {http://doi.org/10.22215/timreview/555},
	url = {http://timreview.ca/article/555},
	author = {Arthur Low}
}
