Description
Book SynopsisThis book is written for undergraduate and graduate students in biomedical engineering wanting to learn how to pursue a career in building up their entrepreneur ventures. Practicing engineers wanting to apply their innovations for healthcare will also find this book usefulThe 21st century is the “Biotech Century” where many nations are investing heavily in biotechnology. As a result, tremendous business opportunities exist for biomedical engineering graduates who are interested in becoming successful entrepreneurs. However, many challenges await these entrepreneurs intending to invent safe and effective devices and drugs to prevent, diagnose, alleviate and cure diseases.In this publication, many examples of innovations in biomedical engineering are covered, from the conceptualization stage to successful implementation and commercialization. Part I teaches working and would-be biomedical engineers to assess how well their innovations and their team can succeed; Part II will guide budding entrepreneurs to launch their ventures to the point of pre-production models. Other important aspects like financing, negotiations, leading by example, manufacturing, marketing, venture and globalization are covered in Part III. Two concluding chapters, with excerpts from leaders in community, education and industries, touch on the growth and investment in biomedical engineering entrepreneurship.
Table of ContentsIntroductory Chapter:Introducing Biomedical Engineering;; Assessing the VentureEvaluating Your Entrepreneurship;Establishing Your Venture Invention;Researching the Market for Your Invention;; Launching the Venture:Forming the Company;Patenting Your Invention;FDA Regulations;The FDA 510(k) Submission;Getting Helps and Supports;SBIR Grants for Product Development;Writing and Presenting the Business Plan;; Building Up the EnterpriseFinancing and Accounting; Negotiating Deals;Leading People and Managing Yourself;Manufacturing Your Product;Marketing and Sales;Globalizing Your Business;; Concluding ChaptersInvesting in the Future;How to Succeed in Biomedical Engineering Entrepreneurism with Really Trying, by Shu Chien;;