book

From Academia to Entrepreneur

Name: From Academia to Entrepreneur
Author: Eugene Khor
ISBN: 9780124167179

by Eugene Khor

October 2013

Beginner

272 pages

8h 9m

English

Academic Press

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Cover image
Title page
Table of Contents
Copyright
Preface
About EntrepreneursAbout Biomedical EnterprisesAbout Academia’s Relevance to Biomed and EnterpriseFrom Academia to EntrepreneurWhy this Book?References
Acknowledgments
About the Author
Chapter 1. Entrepreneuring Academic Biomedical Science
1.1 The Biomedical Buzz and its Economic Potential1.2 A Piece of the Action1.3 Singapore’s Biomedical Endeavor1.4 Advantage Asia?1.5 The Biomedical Industry in Transition1.6 Confronting Some Commonly Held Beliefs1.7 The Academic Dilemma1.8 The Regulatory Imperative1.9 Biomed Businesses1.10 Enter the Biomed Runway EntrepreneurReferences
Chapter 2. The Academic–Business Conundrum
2.1 Where the Science is Created2.2 Life in Academia2.3 Exacerbations to the Biomed Research-Enterprise Agenda2.4 The Real World’s View of “Ivory Tower” Tenants2.5 Business-Nizing Academic Research2.6 Products from Biomedical Research: Serendipity or Planned Outcome?2.7 Team Event2.8 Relevance to the Research Agenda2.9 Incentivize to Business-Nize2.10 Myths and Misconceptions to Note when Traversing from Academia to Business2.11 From Academia to the Real World
Chapter 3. Taking Academic Biomedical Research Beyond the Lab Bench
3.1 From the Patient to the Lab Bench3.2 Medical Intervention: Science and Technology’s Role3.3 From the Lab Bench Back to the Patient3.4 At the Academic Lab Bench3.5 IP and Licensing3.6 Proof of Concept3.7 INTO the Real World3.8 Time to Market3.9 Turning PointReferences

Chapter 4. To Become a Runway Entrepreneur from Academia
4.1 A Path Few Choose4.2 The Brass Story: Beginner’s Providence4.3 Integrated Platform Technologies Inc.: Setbacks Happen4.4 Anatomic Replacement Materials Private Limited: Refining the Format4.5 Venturing Forward4.6 The Ideal Biomedical Participant Prerequisite4.7 To Know if you Should Start4.8 “Finals”4.9 Three Steps from Obscurity to Notoriety4.10 Welcome to your New Job Title: the Supreme Field CommanderReferences
Chapter 5. What is the Business?
5.1 So You’ve Got an Idea for a Business!5.2 The Opportunity of a Lifetime?5.3 Getting to the Starting Line5.4 Do You Have a Viable Business?5.5 Revenue Fundamentals5.6 Pricing5.7 What Does the Business Cost to Set up?5.8 What Will the Business be Worth?5.9 Have you Thought Through Your Exit Plan?References
Chapter 6. Business Plan
6.1 The Perfect Business Plan6.2 Executive Summary (Execsum)6.3 Vision and Mission6.4 Introduction and Background6.5 Business Overview6.6 Market Analysis6.7 SWOT6.8 Organizational Structure6.9 Services and Support Plan6.10 Financial Plan6.11 Sources and Application of FundReference
Chapter 7. Raising Funds
7.1 The Bottom Line is About Money7.2 How Much Do You Really Need to Get Going?7.3 Funding Fundamentals7.4 Recruiting Investors7.5 Beg, Borrow and Pray7.6 Advocates, Evangelists and Well-Wishers7.7 About Banks and Government Schemes7.8 Bootstrapping: a Double-Edged Sword7.9 It Will Never be Never Enough!Reference
Chapter 8. About Meeting Regulatory Requirements
8.1 Implied, Expected, Delivered8.2 Getting to Know Regulatory Requirements8.3 About Quality Systems8.4 The Use of Science-Based StudiesReferences
Chapter 9. About Consultants
9.1 About Consulting9.2 They are Out There9.3 Before You Find a Consultant9.4 Selecting Your Consultant9.5 Expectations of Your Consultant9.6 Managing Your ConsultantReference
Chapter 10. Action Plan
10.1 Checkpoint #1: Prepare10.2 Plan to Achieve 100% – Establishing Milestones10.3 Execute to Achieve at Least 50% – Financial Plan10.4 Staffing10.5 Place of Operations10.6 Final Instructions
Chapter 11. When the Rubber Hits the Road
11.1 Checkpoint #2: Execution11.2 Sand Through the Hourglass11.3 Operations11.4 Cash Flow is King11.5 Managing HR Assets11.6 Handling Vendors and Sub-contractors11.7 Establishing Enterprise Credibility11.8 Managing Expectations11.9 Board of Directors and Scientific Advisory Board: A Revisit11.10 Towards SuccessReference
Chapter 12. A Few Additional Lessons from the Battle Front
12.1 Situational Assessment12.2 Character12.3 BS and Saving Face12.4 Rose12.5 The Kiss Principle12.6 Credentials12.7 Daylighting12.8 Balancing Act12.9 Read, Customize and Apply12.10 Rock and Roll Inspiration12.11 Epitaph or Glory?References
Chapter 13. Arrival
13.1 Checkpoint #3: Facing Reality13.2 From Start-up to Profit and Beyond13.3 Rewards and Accolades13.4 Achievements13.5 Look After Your Shareholders13.6 Monuments and Corporate Citizenship13.7 View from Above: Looking back, Going Forward13.8 Moving on13.9 Gone FishingReferences
Index

Overview

From Academia to Entrepreneur: Lessons from the Real World provides practical advice on entrepreneurship, interspersed with insights the author gained from starting up his own business and in associations with other ventures. These same insights can be applied to bringing a technology concept from academia to an enterprise.

A few of the questions From Academia to Entrepreneur: Lessons from the Real World answers:

How do I pragmatically appraise business opportunities?
What traits should I look for in an enterprise?
What can and should I do with my concept while in academia, before entering such an endeavor?
How do I overcome risk aversion?
And most importantly, why should I be the one to build this business?

Provides insights into using academic research as a potential business, meeting the challenges and opportunities in today's academic research environment
Offers practical ideas on entrepreneurship
Describes how to take a company to financial profit and maintain it
Emphasizes the pragmatic details to work through, equipping you with the correct set of tools to build your business

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