Through patenting and commercialization, scientists today can develop their work beyond a publication in a learned journal. Indeed, universities and governments are encouraging today’s scientists and engineers to break their research out of the laboratory and into the commercial world. However, doing so is complicated and can be daunting for those more used to a research seminar than a boardroom. This book, written by experienced scientists and entrepreneurs, deals with businesses started by scientists based on innovation and sets out to clarify for scientists and engineers the steps necessary to take an idea along the path to commercialization and maximize the potential for success, regardless of the path taken.
Table of Content
Preface
1 Scientists as Entrepreneurs
2 Selling Your Invention – Options 1 & 2
3 Selling Your Invention – Options 3 & 4
4 A Start-Up – Formalities
5 Patenting Your Invention
6 Writing a Business Plan
7 A Business Plan
8 Raising Funds
9 Managing a Start-Up
10 In Conclusion
Appendix Sample Business Plan
About the author
Dawood Parker MBE, FInst P, is a scientist, turned successful entrepreneur in the field of medical technology. He has been involved in university–industry collaborations and has initiated a number of start-up companies. He is currently Managing Director of Melys AFS Ltd and Melys Diagnostics Ltd.Surya Raghu’s technical expertise is in meso-, micro- and nano-fluidic devices and is involved in product development in joint collaborations with SMEs in the UK and the US.
Richard Brooks is a chartered accountant with more than 25 years’ experience of working with start-ups and SMEs.
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