EMBS at UIC Distinguished Lecturer Event featuring Dr. Hermano Igo Krebs: Starting a Venture Company
#Entrepreneurship
#Robotics
Our third lecture of the semester will feature Dr. Hermano Igo Krebs, from the Massachusetts Institute of Technology. Dr. Krebs is a Principal Research Scientist at MIT’s Mechanical Engineering Department and the Director of The77Lab. He also holds affiliate positions at many other universities, all over the world. His company, 4Motion Robotics, strives to revolutionize the way rehabilitation medicine is practiced today by applying robotics and information technology to assist, enhance, and quantify rehabilitation.
He will be discussing the entrepreneurship and market of robotic devices. Find the abstract of this talk, below.
We hope to see you on Wednesday April 21st at 5 PM CST! Please register for this event here.
Date and Time
Location
Hosts
Registration
- Date: 21 Apr 2021
- Time: 05:00 PM to 06:30 PM
- All times are (UTC-05:00) Central Time (US & Canada)
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- Chicago, Illinois
- United States
- Starts 23 March 2021 05:00 PM
- Ends 21 April 2021 05:00 PM
- All times are (UTC-05:00) Central Time (US & Canada)
- No Admission Charge
Speakers
Dr. Hermano Igo Krebs
Topic:
Starting a Venture Company
Abstract: “Imagine being present at the birth of a new industry. . . trends are now starting to converge and I can envision a future in which robotics devices will become a nearly ubiquitous part of our day-to-day lives. Technologies such as distributed computing, voice and visual recognition, and wireless broadband connectivity will open the door to a new generation of autonomous devices that enable computers to perform tasks in the physical world on our behalf. We may be on the verge of a new era, when the PC will get up off the desktop and allow us to see, hear, touch and manipulate objects in places where we are not physically present.” -Bill Gates
Disruptive technology is a term coined to characterize an innovation that disrupts an existing market or way of doing things and creates a new value network. The concept was first described at Harvard Business School by Clayton M. Christensen, who described the concept in 1996 as: "Generally, disruptive innovations were technologically straightforward, consisting of off-the-shelf components put together in a product architecture that was often simpler than prior approaches. They offered less of what customers in established markets wanted and so could rarely be initially employed there. They offered a different package of attributes valued only in emerging markets remote from, and unimportant to, the mainstream." Eventually with improvement, borrowing from Malcolm Gladwell, the moment of critical mass, the threshold, the boiling point is reached and the old practices and existing value network is abandoned in favor of the new one. Here I will discuss my experience as an entrepreneur and whether rehabilitation robotics has achieved its “tipping point.”
Biography:
Dr. Krebs is a Principal Research Scientist at MIT’s Mechanical Engineering Department and the Director of The77Lab. He also holds affiliate positions at many other universities, all over the world. His company, 4Motion Robotics, strives to revolutionize the way rehabilitation medicine is practiced today by applying robotics and information technology to assist, enhance, and quantify rehabilitation.