Planta Medica International Open 2018; 5(S 01): S19
DOI: 10.1055/s-0038-1644974
Innovation to Commercialization Symposium
Georg Thieme Verlag KG Stuttgart · New York

How to Succeed as an Academic Entrepreneur

D McCauley
1   Research Innovation Office, University of Guelph, Guelph, Ontario, Canada, N1G 2W1
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Publikationsverlauf

Publikationsdatum:
13. April 2018 (online)

 

With a scarcity of job options beyond the post-doctoral level, a growing number of researchers now see commercialization of their work as a viable career path. In fact, with the government and universities alike encouraging researchers to take their insight out of the lab and into the commercial sector, even those ensconced in faculty positions now regularly consider options beyond publication in academic journals.

The benefits of learning how to navigate the commercialization process gives researchers new ways to build their reputations, expand their financial compensation options and even to improve their grant writing success. However, even for those researchers coming from an industry background, venturing into business can seem daunting. Can one become a world-class researcher and commercialize a concept at the same time?

Answers to that question as well as tips for succeeding as a research focused entrepreneur are at the heart of this presentation. From understanding how to identify the value proposition your work can have for industry, to understanding how to create a dynamic founder's team, to raising capital, this presentation will prove that the development of a startup can be very compatible with scientific research.

Featuring case studies and information about how to use 'futurecasting' to design research that will lead to commercialization, this presentation will leave the audience with actionable next steps they can use to begin (or enhance) the commercialization aspects of their careers.