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Innovation to Business

Elements of Successful Technology Transfer

Title: Innovation to Business

Scientific Essay , 2009 , 17 Pages

Autor:in: Wolfgang Kniejski (Author), Veneta Ivanova (Author)

Business economics - Business Management, Corporate Governance
Excerpt & Details   Look inside the ebook
Summary Excerpt Details

Technology transfer is the process through which knowledge, products or processes are transferred from one organization to another for business benefit. Indeed, the study of technology transfer is not new; however, recent years have witnessed the emergence of new paradigms for technology transfer, reflecting the internationalisation of the economy, shorter process-cycles and the diversity of roles of the different parties involved.
The understanding of technology transfer is different for the different stakeholders: governments and end-users need to understand the costs and benefits of a technology; innovators need to understand how to adapt it; and firms need to understand how to market it and how it meets user needs. A successful commercialisation process needs to consider the interests of each stakeholder and to guarantee long-term sustainability.

INI-Novation GmbH has successfully developed an innovative and novel approach for technology transfer and technology commercialisation, covering and linking all the elements in this process and supporting the entrepreneurs from identifying the commercial potential to winning the first customers.

Excerpt


Table of Contents

1 Paradigm shift in technology transfer

1.1 Challenges to innovation processes in a modern world

1.2 The meaning of technology transfer

2 Integrated technology transfer and its reference implementation

2.1 Integrated technology transfer processes

2.2 Technology commercialisation offered by INI-Novation GmbH

3 Ten steps from innovation to business

3.1 Creation of an innovative culture

3.2 Entrepreneurial society

3.3 Education/Qualification

3.4 Identification of the potential

3.5 Assessment

3.6 Involvement and Recruitment

3.7 Assistance and Coaching

3.8 Negotiation and Contracts

3.9 Investment

3.10 Promotion and Sales

4 Summary

Objectives and Research Focus

The work aims to examine the challenges of modern innovation processes and to present an integrative approach to technology commercialization. It explores how scientific knowledge can be successfully transferred to the market, focusing on the role of specialized intermediaries in fostering entrepreneurial success and sustainable business growth.

  • Shifting paradigms in technology transfer
  • Challenges in the R&D-to-industry interface
  • Development of integrative commercialization models
  • Support measures for spin-offs and start-ups
  • Managing the innovation life cycle from lab to market

Excerpt from the Book

1.1 Challenges to innovation processes in a modern world

Globalisation, new technologies and growth in the service sector are all combined to quicken the pace of change today. In a knowledge-driven economy innovation has become essential for achievements in the business world. With this growth in importance, large and small organisations have begun to re-evaluate their products, their services, and even their corporate culture, in the attempt to maintain their competitiveness in the global markets of today.

Furthermore, there is a broad consensus across Europe that the creation of innovative firms, which are often spin-offs from academic institutions and R&D centres, has proven to be an effective mechanism for improving the innovative application of research results and consequently for contributing to socio-economic development. In this respect, an effective interface between the R&D system and industry is a crucial element in fostering new innovative businesses.

Organisations in both the public and private sectors have launched initiatives to develop methodologies and tools to support entrepreneurship and management of innovation and technology transfer. Institutions for higher education, business schools and consulting companies continue to develop the appropriate methodologies and tools, while public authorities design and set up education and training schemes aimed at disseminating best practice among businesses of all kinds.

Summary of Chapters

1 Paradigm shift in technology transfer: Discusses the necessity of moving beyond traditional linear models of innovation to address current socio-economic and global competitive challenges.

2 Integrated technology transfer and its reference implementation: Outlines the shift toward interactive processes and presents the brokerage model of INI-Novation GmbH for bridging the gap between research and market exploitation.

3 Ten steps from innovation to business: Details a structured ten-phase framework for supporting entrepreneurs, covering everything from fostering an innovative culture to final promotion and sales.

4 Summary: Provides a concluding review of the integrative approach, emphasizing the importance of user-centric communication and stakeholder involvement in successful innovation.

Keywords

Technology transfer, innovation management, commercialisation, spin-offs, R&D, entrepreneurship, business incubation, IP protection, market entry, technology readiness, knowledge transfer, innovation ecosystem, start-ups, venture capital, scientific research.

Frequently Asked Questions

What is the core focus of this publication?

The work centers on the paradigm shift in technology transfer and the importance of using integrated management approaches to turn scientific research into successful commercial ventures.

What are the primary thematic areas addressed?

Key areas include the challenges of modern innovation processes, the meaning of technology transfer, the role of institutional brokerage, and the ten-step process for establishing new innovative businesses.

What is the central research question?

The text investigates how organizations can effectively bridge the interface between research institutions and industry to foster sustainable socio-economic development through innovation.

Which scientific methodologies are highlighted?

The text analyzes the move from linear, pipeline-based technology transfer models to interactive, multi-stakeholder processes characterized by networking and "Open Innovation" principles.

What is covered in the main body of the text?

The main body examines the specific "Ten steps from innovation to business" framework, covering culture creation, education, identification of market potential, assessment, recruitment, coaching, and sales strategies.

Which keywords define the work?

Keywords include technology transfer, innovation management, commercialisation, spin-offs, entrepreneurship, and research utilization.

How does INI-Novation GmbH define its role as a broker?

The company acts as a strategic intermediary that adds value by translating technology, building communities of partners, and creating awareness between scientific and industrial networks.

Why is the "heroic user" concept important?

Unlike the traditional view focusing solely on the "heroic inventor," the author argues that innovation success is driven by cooperative interaction with users who define the ultimate functional value of a product.

What is the significance of the "Investors' Lounge" mentioned in the text?

It serves as a platform where mature technologies with developed business plans are presented to potential investors to secure the financial basis required for market entry.

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Details

Title
Innovation to Business
Subtitle
Elements of Successful Technology Transfer
Authors
Wolfgang Kniejski (Author), Veneta Ivanova (Author)
Publication Year
2009
Pages
17
Catalog Number
V152880
ISBN (eBook)
9783640648467
ISBN (Book)
9783640648641
Language
English
Tags
Technology Transfer Entrepreneurship Innovation Process Innovation Management
Product Safety
GRIN Publishing GmbH
Quote paper
Wolfgang Kniejski (Author), Veneta Ivanova (Author), 2009, Innovation to Business, Munich, GRIN Verlag, https://www.grin.com/document/152880
Look inside the ebook
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