The ability to overcome failure has been shown time and again to underlie some of the greatest inventions of our time. In his book, Little Bets, author Peter Sims explains that truly curious, original thinkers use many small, experimental prototypes to test and evolve ideas. His research indicates that innovation is about making mistakes – inexpensive mistakes – and learning from them made along the way.
But how do those who are working in a start-up or an established biotech or pharmaceutical company get past stumbling blocks to put a product on the market?