Success Factors in Technology Entrepreneurship

What are the key success factors in building new high-tech companies? This transcript of a talk by John T. Preston, Associate Director, MIT Entrepreneurship Center, originally delivered in Tokyo in 1997 and updated August, 2001 and the slides from the lecture offer useful insights, stressing the importance of "attitudes, and particularly why small companies are so important in bringing new innovative ideas to market...management talent...patents...passionate behavior among employees...quality investors...the rate of infusion of money...getting high quality products to the market quickly...flexibility...where you locate your business..."