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
Contents
1. Market exploitation of 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”
@nesofsky
Market exploitation
of
research results
1
Stakeholders in Technology Transfer
@nesofsky
Options for Market Exploitation
2
1. Licensing
Options for Market Exploitation
1. Licensing
1
2
3
1. Licensing drawbacks
1
2
2. "Startups" & "Spinoffs“
Options for Market Exploitation
2. "Spinoffs“
1
2
3
2. “Spinoffs": Risks
1
2
2. “Startups"
1
2
3
2. “Startups"
1
2
3. Strategic agreements
Options for Market Exploitation
http://2013.igem.org/wiki/index.php?title=Team:TU-Munich/Results/Economics&oldid=361751
…and its reflection on the business model:
@nesofsky
Business plan
vs
Agile methodologies
3
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
Both approaches are complementary…
Traditional “Business Plan”:
the origin
Steve Blank,
ENTREPRENEURSH
IP PROFESSOR AT
Berkeley,
publiSHES HIS
THEORY IN 2005
In 2011 Steve
Blank
launches
“LaunchPad
Class” in
Udacity
“How to build
a Startup”
1 month
24 hours
238,000
students
The Book “The
Four Steps to
the Epiphany”
describes the
methodology to
create
successful
companies
Steve Blank
publica su teoría
en 2005
In 2004 Eric Ries attends
Steve Blank’s class at
Berkley University
Eric Ries publishes
“The Lean
Startup” in 2008,
and names the
movement started
by Steve Blank
Blank & Dorf Publish the “Manual”
2012
In 2012 Eric Ries starts publishing the
“Lean” series with O´really
By 2010 the
Lean Startup
movement is
already
“mainstream”
mayo 2013
Lean methodology
is not for high-tec
startups anymore,
companies like GE
or Intuit are using it
to innovate
Lean Startup DEFINITION
“A startup is a temporary
organization designed to
search for a replicable
and scalable business
model”
Steve Blank
DEFINITION:
A startup is a temporary
organization
Designed to search for a
business model that is
scalable…
and replicable
@nesofsky
“business model canvas"
and
"value proposition design”
4
Osterwalder & Pigneur PUBLISH THE
BOOK “Business Model Generation” IN
2010
Alex
Ostelwalder
2010Yves Pigneur
“Business Model Canvas”
Santa Claus: “Business Model
Canvas”
The 3 wise men: “Business Model
Canvas”
Steve Blank
publica su teoría
en 2005
Also in 2010, Osterwalder launches
“Strategyzer”
1. Define market as concretly as possible
2. Define value proposition as simple as possible
The Value Proposition Model…
3. Include intelectual property in your business
model
4. Define main income and costs elements
¿Price?
5. Have you completed all canvas areas?,
can you move things around?
6. Can you outline a road map?
Review
& Comments
1.What I liked
the best…
2.What I would
like to see
next…
@nesofsky
and best of
LUCKS!
Thank you!,
@nesofsky
Business Model
Canvas Workshop
Case 1
@nesofsky
“Business model canvas"
WorkShop
Lets get some practice using
the “Canvas” and a sample
product from the “smart
materials” insdustry…
Smart Materials
What are smart materials?
•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.
What are the examples?
•Piezoelectric materials
•Shape memory alloys
•Magnetic shape memory alloys
•PH sensitive polymers
•Halochromic materials
•Chromogenic systems
Chromogenic systems
• Chromogenic systems 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.
Thermochromic
• Colour-changing
thermochromic pigments
are now 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
WORKSHOP
Develop a business model 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.
Business model canvas

Business model canvas