Knowledge
You will
- know and understand the process of life science innovation and entrepreneurship enabling you to recognize user needs that may be commercially viable (product-market fit)
- demonstrate an understanding of the opportunities of innovation and entrepreneurship in life science research
- know how to commercialize new life science discoveries to solve urgent global challenges such as human health, climate change and nature destruction
- know how to transform ideas into prototypes of products, services, or processes
- learn how Tech Transfer Offices and other innovation support actors/clusters can guide and facilitate the commercialization process
- be able to discuss and argue for different types of intellectual property/intellectual assets and understand different patent strategies
- recognize common pitfalls and learn how to reduce risk in the development of a business venture
Skills
You can
- use appropriate terminology to communicate a value proposition that describes the need, approach, benefit and competition for an identified asset
- use design thinking tools to address user needs
- discover and identify promising assets from research projects or ideas and estimate their commercial potential
- use business tools such as Business Model Canvas
- identify and apply the main steps and requirements to test the potential of a developed business idea
- develop a business idea into a complete business plan
- communicate/pitch a business plan to potential investors
General Competence
You will
- work in an interdisciplinary team and learn how to enhance its performance
- assess your new skills and reflect on the possible future effects, focusing on the organization as well as the society