Preview Mode Links will not work in preview mode

The Looney Executive


Welcome to The Looney Executive Podcast Series!

I hope you thoroughly enjoy our  episodes. And remember ... This Ain't Your Grandaddy's business show!

Feb 25, 2010

Subscribe To The Looney Executive Emerging Growth Series!

Follow The Looney Executive on Twitter! 

Back To The Looney Executive Web SIte!

 

Be Prepared To Do Lots Of Research (Pun Intended)!

According to Jeff Shick, the process of technology commercialization can be a lucrative venture avenue for tech entrepreneurs. Whether it's commercializing technology from a federal government lab, or perhaps licensing technology from a university, there are numerous ways to exploit un-commercialized technology. 

But it takes lots of market research to, uh, be successful in commercializing tech research.

Jeff is the Director of Manufacturing and Technology for the Ohio Small Business Development Centers. Operating in Central Ohio, he travels around assisting tech entrepreneurs with commercialization and licensing issues, among other things of course.

In our discussion, Jeff offers up some tips on how to successfully navigate tech commercialization:

  • Connect with organizations already conducting research and become their commercialization arm
  • Having an experienced PhD on staff will bump you above competitors that don't  
  • There are primarily three sources of tech research: 1) Federal government; 2) Universities; 3) Commercial firms

Jeff also discusses the federal government small business innovative research program (SBIR) and provides some resources that will help you to discover potential tech commercialization opportunities and partners.

Listen now to hear Jeff's tips and advice on tech commercialization.

Happy Deal Hunting!