About Chris Baier

Chris Baier

My fields of interest are in the areas of innovation management, entrepreneurship, open innovation with startups and sustainability. In these areas, I help with word and deed (see projects).

Currently I am working as a startup-scout and co-founder at founderio.com. Prior to that I finished the Master in Innovation Management and Entrepreneurship at TU Berlin and did my Bachelor in Business Informatics in Nuremberg. My Master Thesis adressed product-market-fit in the context of customer development and how to learn from external knowledge (absorptive capacity of start-ups). Besides that I'm contributing to different exciting projects.

Trend opinion: 3D Printing, Actionable Analytics, Big Data, Collaborative Consumption, Corporate Venturing, Gamification, GeoEngineering, Google Glass, Hardware Startups, Industry 4.0, Internet of Things, Mass Customization, Mobile, Online Learning, Online Offline, Open Innovation, Solar 2.0, Storage Technology.

Innovation management describes the systematic organization of innovation. Thereby especially the planning, organization, realization and monitoring of the innovation activities are very important. The company culture has formative influence on innovation and innovation management. Anymore aspects like innovation strategy and innovation environment take a key role.

The innovation management process starting with an idea / invention towards to innovation is separated into multiple steps. The search for ideas, the idea evaluation, the realization, and finally the evaluation.

Innovations vary in their degree of innovation into two innovation types: continuous innovation and discontinuous innovation.

There are two typical triggers for innovation. On the one hand, there is "technology push", that means technological development boosts innovation (for example - fast internet access). On the other hand is "market pull", there market demand exists, where there is no offer (for example the demands of extreme athletes).

Innovation activities also separate regarding the involvement of alien. Closed Innovation says that innovation activities focus on company intern places (for example R&D Department). Whereas Open Innovation includes different external interest groups into innovation activities. Some inspiring video material can be found in the innovative video clips section.


Entrepreneurship describes the sustainable economical foundation proceeding. A key role takes the identification of chances, as well as the realization of the located ideas. Entrepreneurship also stands for the topic of the foundation of an enterprise/startup.

Important characteristics are: the recognition of chances, the realization of these opportunities, the selective use of resources, the aim of realization of profits as well as the risk awareness.

Entrepreneurship is also seen as a personality trait. Therefore the following attributes are linked to entrepreneurs: performance motivation, creativity, visions, passion, risk awareness, assertiveness, ability to cooperate, skill to solute problems but also one's own initiative as well as a sense of responsibility.

A few motives to become entrepreneurial active: entrepreneurs are their own boss, better income opportunities, regional development (see: Social Entrepreneurship), tax benefits and especially better possibilities to realize ideas and visions and impact the society.

With Social Entrepreneurs the realization of profits takes a back seat, therefore the engagement for the society comes to the fore. Thus social entrepreneurs get involved for example with ecology, education, research, human rights or poverty reduction. While the realization of profits can still be an aim.

For financing of a company formation there are different contact persons. Friends, family and so called fools as well as in a later stage Business Angels and Crowdfunding platforms and even later Venture Capital investors and banks are counted among financial contact persons.

As basic literature to get started it can be recommended to understand the business model canvas, as well as the lean startup methods. Also there is a lot of potential in the market of innovation and entrepreneurship, where start-ups and large corporates can collaborate. Some inspiring video material can be found in the entrepreneurial video clips section.