CH356 Study Guide - Midterm Guide: Academic Freedom, Business Process, Human Capital
Document Summary
Finance, summary of company and product, applicant/company information, challenge and market opppourtunity, market and customer research, validation, proposed innovation and intellectual property, stage, type, value proposition, likely economic impact, project plan, budget, team, price points and margins, potential partners/suppliers. Industry has moved to share in human capital. Scientists evaluate return based on original contributions to understanding of the world: what drives science does not drive business. Need for intermediaries and translators to bridge the gap between science and business: there is no single path to commercialization. Many routes to this: licensing, royalties, incubation, and in-house development: you (cid:373)ust k(cid:374)o(cid:449) you(cid:396) (cid:396)ights, a(cid:374)d you(cid:396) (cid:272)olleagues" (cid:396)ights. Research is collaborative, this can complicate the rights and ownership of intellectual property. Institutions can choose what idea to protect with copyrights, licenses and patents. Protection is done based on the institution, not the individual. Issues should be reviewed before research is disclosed with anyone else.
