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Scientists As Entrepreneurs


Scientists As Entrepreneurs
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Scientists As Entrepreneurs


Scientists As Entrepreneurs
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Author : Karel J. Samsom
language : en
Publisher: Springer Science & Business Media
Release Date : 2013-03-09

Scientists As Entrepreneurs written by Karel J. Samsom and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-03-09 with Business & Economics categories.


"When you are doing something that is a brand new adventure, breaking new ground, whether it is something like a techno logical breakthrough or simply a way of living that is not what the community can help you with, there is always the danger of too much enthusiasm, of neglecting certain mechan ical details. Then you fall off. 'A danger path this is. ' When you follow the path of your desire and enthusiasm and emotion, keep your mind in control, and don't let it pull you compulsively into disaster. " Joseph Campbell, The Power of Myth Through ten years of working with and observing scientists in the bio medical fields, I have found Joseph Campbell's words to be especially applicable to the scientist who decides to embark on an entrepreneurial journey. Joseph Campbell was not a student of entrepreneurship. His scholarship was contained in a series of comprehensive studies of mythology, the captivating stories of mankind's search over the ages for truth, meaning and significance. Still, his advice here contains many of the essential ingredients of successful science-based venturing: the charting of new ground socially, technological breakthroughs, enthusiasm and emotion balanced by careful reasoning, and finally, awareness of the danger of neglecting details. Coming from such a different philosophical and occupational culture into entrepreneurship and business, the scientist faces extraordinary challenges although the rewards of putting together a successful company can be equally satisfying.



Entrepreneurship For Creative Scientists


Entrepreneurship For Creative Scientists
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Author : Dawood Parker
language : en
Publisher:
Release Date : 2018

Entrepreneurship For Creative Scientists written by Dawood Parker and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with Business planning categories.


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 board room. 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 maximise the potential for success, regardless of the path taken.



Nurturing Science Based Ventures


Nurturing Science Based Ventures
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Author : Ralf W. Seifert
language : en
Publisher: Springer Science & Business Media
Release Date : 2008-01-25

Nurturing Science Based Ventures written by Ralf W. Seifert and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-01-25 with Business & Economics categories.


Few would deny that small entrepreneurial firms play an important economic and social role. Not only do they generate a significant number of jobs but they also contribute a large proportion of gross national product (GNP). Not all small firms qualify as entrepreneurial entities, however. While “small” refers mostly to size, “entrepreneurial” refers to growth and a value-creation orientation. The vast - jority of small firms have no growth aspirations, nor do they have the means and skills to grow. As such, they may still provide employment and local value but would not embrace the high-potential aspirations of entrepreneurial ventures. This book clearly addresses those entrepreneurs who are interested in leading hi- growth-potential companies (Table 1). Table 1 Growth Typology of Small Firms [1] Type of venture Desired sales range Future employees Lifestyle 0 to $1 million 0 to 4 Smaller high potential $1 million to $20 million 5 to 50 High potential over $20 million Over 50 High-innovation technology-based startups assume a very special role in hi- growth entrepreneurship. Although these startups constitute a comparatively low number of small businesses, they produce proportionately far more jobs than their low- and medium-innovation counterparts. The aim of achieving rapid growth is typically referred to as high-expectation entrepreneurship. An area of major con- 1 cern to us is a fact revealed in the latest GEM report: The rate of European hi- expectation entrepreneurial activity is among the lowest in the world.



Scientists Are Entrepreneurs So Why Universities Are Not Entrepreneurial


Scientists Are Entrepreneurs So Why Universities Are Not Entrepreneurial
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Author : Tsvi G. Vinig
language : en
Publisher:
Release Date : 2013

Scientists Are Entrepreneurs So Why Universities Are Not Entrepreneurial written by Tsvi G. Vinig and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.


Universities need to be innovative and entrepreneurial as much as any business does. In fact, universities should be at the very heart of innovation and entrepreneurship contributing to the changing economic landscape. But they are not. Current day universities are too bureaucratic resembling corporate organizations, they educate mainly 'job seekers' who are not as prepared as they need to be to contribute, they suffer from decreasing number of science and technology students and are weak at technology transfer. Yet, according to Drucker (1985) no better text for a history of entrepreneurship could be found than the creation and development of the modern university, and especially the modern American university. Schramm (2006) argues that universities were very entrepreneurial. Indeed it were entrepreneurs outside of the academic world who started some of the most successful American universities - John Rockefeller (University of Chicago, 1890), Leland Stanford, University of Stanford, 1891), Ezra Cornell (University of Cornell, 1865), John Eastman (University of Rochester). In this article we suggest a framework for transferring universities to regain their central role as change agents based on innovation and entrepreneurship. We do so based on a comparative analysis of scientific research and the Schumpeterian entrepreneurial processes. The proposition we put forward is that university's research driven knowledge creation process and the scientists who are at the center of this process is in essence an entrepreneurial process driven by entrepreneurs. By making this process visible and acceptable we can transform university to again become entrepreneurial as universities were in their early days. A study on entrepreneurs in research universities by Blumenthal et al (1989) has indeed identified five types of entrepreneurs among faculty members in the life sciences. The study has also identified that university policies and structures (bureaucracy) have little effect on holding back entrepreneurship among university staff once they decide to go on an entrepreneurial journey. Our study i a comparative analysis of key characteristics of the entrepreneurial process (Scumpeter, Knight, Kirzner, Casson, Shane), with university research projects from the idea phase, through proposal development, fund raising, managing and up to the completion of the research. Our data is based on study of research projects that were funded by the Dutch Science Foundation (NWO), and structured interviews with scientist entrepreneurs who are involved in university spin-offs. Our study suggests that university research projects and entrepreneurial venture have much in common. In fact, there are surprising resemblances between the business entrepreneur and the scientist, and between the entrepreneurial process and academic research projects. Scientist who are successful in competing on, and raising research funding, in attracting the best PhD and researchers are in fact thinking and acting like business entrepreneurs. We believe that the analysis and the suggested framework in this paper contribute to the discussion on a model of entrepreneurial university.



From Science To Business


From Science To Business
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Author : National Research Council
language : en
Publisher: National Academies Press
Release Date : 2012-09-14

From Science To Business written by National Research Council and has been published by National Academies Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-14 with Education categories.


Scientists, engineers, and medical professionals play a vital role in building the 21st- century science and technology enterprises that will create solutions and jobs critical to solving the large, complex, and interdisciplinary problems faced by society: problems in energy, sustainability, the environment, water, food, disease, and healthcare. As a growing percentage of the scientific and technological workforce, women need to participate fully not just in finding solutions to technical problems, but also in building the organizations responsible for the job creation that will bring these solutions to market and to bear on pressing issues. To accomplish this, it is important that more women in science and engineering become entrepreneurs in order to start new companies; create business units inside established organizations, mature companies, and the government; and/or function as social entrepreneurs focused on societal issues. Entrepreneurship represents a vital source of change in all facets of society, empowering individuals to seek opportunity where others see insurmountable problems. From Science to Business: Preparing Female Scientists and Engineers for Successful Transitions into Entrepreneurship is the summary of an August 2009 workshop that assesses the current status of women undertaking entrepreneurial activity in technical fields, to better understand the nature of the barriers they encounter, and to identify what it takes for women scientists and engineers to succeed as entrepreneurs. This report focuses on women's career transitions from academic science and engineering to entrepreneurship, with a goal of identifying knowledge gaps in women's skills as well as experiences crucial to future success in business and critical for achieving leadership positions in entrepreneurial organizations. From Science to Business makes the case that in addition to educating women scientists and engineers in rigorous problem solving, it is equally important to provide exposure and training to impart the skills that will enable more women to move from the role of expert to that of leader in dynamic new business enterprises. This book will be of interest to professionals in both academia and industry, graduate and post-graduate students, and organizations that advocate for a stronger economy.



Entrepreneurship For Scientists And Engineers


Entrepreneurship For Scientists And Engineers
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Author : Kathleen R. Allen
language : en
Publisher: Pearson
Release Date : 2010

Entrepreneurship For Scientists And Engineers written by Kathleen R. Allen and has been published by Pearson this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Business planning categories.


KEY BENEFIT Essential business lessons for turning today's scientists and engineers into entrepreneurs in new technology companies. In today's global and interconnected world, students with a science or engineering background have ample opportunity to mesh their technical know-how with the free market. Yet, these same students lack the basic business skills to make competent business decisions. This book seeks to make students' first experience with entrepreneurship interesting and useful. KEY TOPICS Technology Entrepreneurship for Scientists and Engineers; Developing and Protecting Intellectual Property; Technology Entrepreneurship Strategy; Start-up Financial Strategy As the source of new discoveries and technologies, scientists and engineers are uniquely positioned to launch new business ventures based on cutting-edge discoveries. This book will teach those with no prior training how to start a company and grow their business through marketing and astute team building techniques.



How To Be A Scientist Entreprenuer A Step By Step Guide


How To Be A Scientist Entreprenuer A Step By Step Guide
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Author : Uday Saxena
language : en
Publisher:
Release Date : 2020-04-11

How To Be A Scientist Entreprenuer A Step By Step Guide written by Uday Saxena and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-04-11 with categories.


This book describes how biotech scientists can become entrepreneurs. As scientists we are never trained to do a start-up company and be an entrepreneur. My book will take you along the Journey of deciding to be an entreprenuer to doing commercial viability analysis of your idea, finding differentiators for your product, making a business plan, raising funds, protecting your invention thru patents, finding the right partnerships for your product to leverage their skills, validate your technoloy, risk mitigation and return on investment (ROI) and key success fators needed. At the end of reading this book you will be much prpeared as a biotech entreprenuer



Entrepreneurship For Physicists


Entrepreneurship For Physicists
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Author : Davide Iannuzzi
language : en
Publisher: Morgan & Claypool Publishers
Release Date : 2017-10-31

Entrepreneurship For Physicists written by Davide Iannuzzi and has been published by Morgan & Claypool Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-10-31 with Science categories.


Physicists are very smart people. Still, when it comes to moving their ideas from university to market, they often lack the basic set of know-hows that could help them succeed in the technology transfer process. To fill this gap, Entrepreneurship for Physicists: A Practical Guide to Move Ideas from University to Market offers a concise analysis of the key ingredients that enable entrepreneurs to bring added value to their customers. After a short discussion on why university physicists should pay more attention to this aspect of their professional life, the book dives into a set of theories, models, and tools that could help an academic scientist transform an idea into customer added value. The reader will be introduced to effectuation theory, internal resource analysis, external landscape analysis, value capture, lean startup method, business canvases, financial projections, and to a series of topics that, albeit often neglected, do play a fundamental role in technology transfer, such as trust, communication, and persuasion. In the last chapter, the book explains howmost of the concepts discussed actually find application in the career of scientists in a much broader sense.



From Science To Startup


From Science To Startup
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Author : Anil Sethi
language : en
Publisher: Springer
Release Date : 2016-04-13

From Science To Startup written by Anil Sethi and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04-13 with Business & Economics categories.


This book charts the experiences, pitfalls and knowledge behind leading scientific ideas to successful startups. Written by one of Switzerland's top serial entrepreneurs, this book is a must-read for scientists and academicians who want to see their idea turn into a product and change the market. It is also pertinent for finance and business professionals who aspire to become technology entrepreneurs. Starting with personal qualities of an entrepreneur, Anil Sethi discusses successful ideas, technology evaluation, team formation, patents and investor expectations. To guide the entrepreneur, this book also analyzes deal closing, equity conversion and ideal exit strategies to follow. Ultimately Anil Sethi reveals the 'inside track' which helps understand what drives entrepreneurs and what they wouldn't admit.



From Science To The Economic System


From Science To The Economic System
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Author : Tobias Kleinmann
language : en
Publisher: GRIN Verlag
Release Date : 2010-08-03

From Science To The Economic System written by Tobias Kleinmann and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-08-03 with Business & Economics categories.


Seminar paper from the year 2010 in the subject Business economics - Company formation, Business Plans, grade: 1,0, University of Würzburg (Betriebswirtschaft), course: Academic Entrepreneurship, language: English, abstract: There has been a conspicuous increase in patenting and licensing, which is an indicator for an aggrandisement of academic entrepreneurship at American research universities since the 1970s. The number of patents which can be issued to universities and colleges increased by more than 100 percent between 1979 and 1984, as well as between 1984 and 1989. It almost doubled once more during the 1990s. In 1980 only about 20 research universities had technology licensing and transfer offices. 10 years later that number was 200, and in 2000 just about every major research university had founded its own (Colyvas et al., 2002, P. 1). University license revenues have increased from $220 million to $698 million from 1991 to 1997 (Association of University Technology Managers, 1998). Private sector activity is always associated with the risk of failure because of the responsibility which is connected with it. This leads us to the discussion why academics should escape from a “safe world” of their publicly financed institution to either become entrepreneurs or to work in private companies. What are the major reasons for the risk of entrepreneurial and private sector activity? The following paper tries to find an answer on this question by blending theoretical backgrounds and empirical elements. The second chapter serves as an introduction to the subject where the issue of the paper is narrowed further down and the key questions of it are defined. The main characteristics and concepts will also be distinguished in the second chapter, as much as it will be presented which aspects are not discussed in the paper. The third chapter of this paper concentrates on how internal and external factors influence the decision of scientists to show entrepreneurial behaviour. There are different theories and surveys which try to find an answer to the question how important different elements are. The fourth chapter works out the details in differences of the factors leading either to academic spinoffs or private firm participations. The conclusion gives the final answer on how the theory and the empiricism correspond with each other and which reasons are responsible for academics to break out from the ivory tower of science.