This document provides information about a workshop on developing business models for commercializing research results. It discusses options for market exploitation like licensing, spin-offs, and startups. It then compares traditional business plans to more agile methodologies like the Lean Startup framework. The final section describes tools for developing business models, specifically the Business Model Canvas and Value Proposition Design. Participants will practice using these tools to develop a business model for a thermochromic pigment product intended for use in fabrics.
Policy into Practice:EURAXESS Researcher Career Skills for Career Development PIPERS
This project has received funding from the European Union’s Seventh Framework
Programme for research, technological development and demonstration under grant
agreement No 643330
Helping researchers to pursue their professional ambitions:
A workshop for researchers
15-16 February, 2016
Madrid, SPAIN
BUSINESS MODELING:
Business Model canvas
2.
Contents
1. Market exploitationof research results
2. Options for market exploitation
a) Licensing,
b) Spin-offs,
c) Startups
3. Business plan vs Agile methodologies
4. “Business model canvas" and “Value proposition design”
KEY POINTS
1. A“Business Plan” was a requirement
whenever a business needed to be
described and explained.
2. In the last few years, agile
methodologies and the “Lean Startup”
frameworks have arrived and are widely
used and developed
What are smartmaterials?
•Smart materials are materials that
have one or more properties that
can be significantly altered in a
controlled fashion by external
stimuli, such as stress, temperature,
moisture, pH, electric or magnetic
fields.
65.
What are theexamples?
•Piezoelectric materials
•Shape memory alloys
•Magnetic shape memory alloys
•PH sensitive polymers
•Halochromic materials
•Chromogenic systems
66.
Chromogenic systems
• Chromogenicsystems change colour in
response to electrical, optical or thermal
changes. These include electrochromic
materials, which change their colour or
opacity on the application of a voltage (e.g.
liquid crystal displays), thermochromic
materials change in colour depending on their
temperature, and photochromic materials,
which change colour in response to light.
67.
Thermochromic
• Colour-changing
thermochromic pigments
arenow routinely made as
inks for paper and fabrics –
and incorporated into
injection moulded plastics.
A new type of
phosphorescent pigment,
capable of emitting light
for up to 10 hours, has
opened up entirely new
design opportunities for
instrumentation, low-level
lighting systems etc. Warm Cool
http://www.mutr.co.uk/catalog/index.php?cPath=79
68.
WORKSHOP
Develop a businessmodel using the “Canvas” for a
new “smart” material with thermopigment properties
to be used mostly in fabrics.
Keep in Mind:
1. Define your market as specifically as possible.
2. Define your “Value Proposition” for that market.
3. What “Intellectual Property” approach will you use.
4. Outline major cost and revenue sources.
5. Make sure you address all Canvas areas.
6. Outline a basic implementation plan.