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Project management

  • US 20070005374A1
  • Filed: 07/01/2004
  • Published: 01/04/2007
  • Est. Priority Date: 07/03/2003
  • Status: Abandoned Application
First Claim
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1. A method of commercialising an invention, the method comprising the steps of:

  • a) identifying and protecting any intellectual property associated with the invention;

    b) developing a prototype of a commercial product based on the invention;

    c) identifying and/or developing potential markets for the product;

    d) determining a preferred route to market for the product;

    e) if the preferred route to market includes licensing the invention to a third party, then negotiating an appropriate license deal based on the results of steps a) to c), and terminating the method;

    f) if the preferred route to market includes creating a spin out company, developing a business plan for the spin out based on the outcomes of steps a) to c);

    recruiting a management team for the spin out, and identifying and approaching potential investors;

    engaging with selected investors; and

    launching the spin out company.

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