NKEK12003U Patent Commercialisation and Entrepreneurship

Volume 2013/2014
Education
MSc Programme in Chemistry
Content
The course offer students at University of Copenhagen and other universities both inside and outside Denmark the opportunity to join a summer school about commercialisation and entrepreneurship in Copenhagen. Based on packets of related patents describing early inventions at an early stage students will learn about how to read a patent, how to make a market survey – to set up questionnaire & interview 
stakeholder/customers and to sum up of ideas to business area where patented technology can be used. They will be introduced to value creation & demand and work on qualifying concrete ideas on products/processes. They will be introduced to capital requirement & liquidity budget and work on writing a business plan. They wil learn how to present presenting the business plan as an elevator pitch.
Learning Outcome

Competences
Ability to work with structured innovation
Ability to identify business opportunities in science innovations
Determine capital requirements & establish budgets
Ability to make a sales pitch

Skills
Reading a patent and extracting its IP content
Analyze markets for patent applications
Analyze costumers value proposition
Set up questionnaires and interview costumers
Writing of a business plan

Knowledge
Knowledge about IPR structure
Knowledge about IPR content 
Structure of the successful business plan 
Knowledge of the process to sustainable business

Literature
Alexander Ostawalder: ”Business model canvas”, Koen et al.: ”Fuzzy Front End”, three patent packages (~150 pages) and two business plans.
Knowledge about chemistry at bachelor level from either nanoscience, chemistry, biochemistry or life sciences.
Lectures by different experts in the field, presentation of inventions and their patent packages, Internet search for novelty and other patent related information, Study of teaching material including reading of a patent package that second week form the IP content over which the business plan is written.
A limited understanding of science is required to read and understand the patent contents and associated business
  • Category
  • Hours
  • Lectures
  • 20
  • Practical exercises
  • 2
  • Preparation
  • 71,5
  • Project work
  • 44
  • Total
  • 137,5
Credit
5 ECTS
Type of assessment
Written assignment
Oral defence, 10 min
The students must produce a business plan: A minimum 5 pages project summary presenting their innovation (process, finance and concept) and an oral defence. Presentations as a sales pitch based on the business plan. There is no re-exam, the course has to be followed again the subsequent year.
Exam registration requirements
Delivered business plan
Aid
All aids allowed
Marking scale
7-point grading scale
Censorship form
No external censorship
Re-exam
No reexamn, the course has to be followed again the subsequent year.
Criteria for exam assesment
The business plan should be given in the day before the examn at 14.00 and should correspond to its content should relate to the course content and the description of the successful businessplan presented during the course. The presentation of the sales pitch should follow the recommendation and teaching provided during the course and demonstrate that the student has understood the innovation and its potential.