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UALR Global Entrepreneurship Week: Commercialization Process for Researchers

December 2nd, 2015 by Sarah Ricard

The Arkansas Small Business and Technology Development Center hosted Global Entrepreneurship Week events at the University of Arkansas at Little Rock Nov. 16-20.

Daily lunch-and-learn sessions each covered a different topic related to entrepreneurship: “The Social Entrepreneur,” “My Student Startup Story,” “Commercializing Your Research,” and “Market Research Tips and Techniques.”

Rebecca Norman led the session on the commercialization process for university researchers. Norman, an innovation consultant with ASBTDC, explained the steps needed to determine the commercialization potential of a research idea, beginning with identifying a problem and whether or not ideas to fix the problem exist. Norman also emphasized the importance of meeting with potential customers and identifying long-term partners and discussed university funding as well as state and federal funding options. She also talked about intellectual property, especially as it pertains to university-based startups.

Mark Carter of Arkansas Business attended and posted a story online.

Read the Arkansas Business article.