Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Health Market H2M TOOL: HOW-TO GUIDEBOOK Much innovation potential is growing from (European funded) public research projects Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Health & Research Innovators Main challenge: how to successfully commercialize innovation? • What to do with my research results? • How to protect them? • Which is my market? • How can I convince investors? • What does business capital entail? Commercialization Success • How to approach potential customers? • What do big companies want? • How to develop a marketing strategy? • And many other questions Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme To support health innovators and new entrepreneurs the project team has developed a practical “how-to” guidebook Successful exploitation of R&D needs • Better awareness • Examination of exploitation potential as early as possible practical “how-to” guidebook Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme The “how-to” guidebook on innovation strategy is designed to support R&D project practitioners and other innovators • Designed as a practical “how-to” guide to support practitioners • Concrete, real life examples from to illustrate topics • Examples from Health-2-Market and related to health sciences • Methodologies to prepare and to implement innovation are universal. • Target group: everyone wishing to bring research results to market Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme The “how-to” guidebook covers pertinent topics and questions to support health innovators, new entrepreneurs and others Guidebook Chapters 01 Innovation Strategy • Why do I need an innovation strategy? • What is an innovation strategy? • How do I formulate an innovation strategy? • When should the innovation strategy be 02 03 03.1 Innovation Strategy Preparation Innovation Strategy Implementation Commercialization Routes & Business Model formulated? • What should an innovation strategy include? • What are the main steps in preparing it? • More in-depth subchapters on • strategy and • commercialization implementation steps • What are channels of commercialization? • How to choose the right commercialization path? Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Guidebook Chapters 03.2 Intellectual Assets and Intellectual Property • Why should I identify and protect IP? • How to identify and protect IP? • How can understanding my research from an IP perspective help produce better research results? • What is the difference between business model 03.3 03.4 03.5 Business Plan and business plan? • Why do I need to prepare a business plan? • What should I cover to convince investors? • Is a marketing strategy necessary if no Marketing Strategy • • Financing • • • • advertising is planned? What exactly is a marketing strategy? How to design one to successfully market my solution? Where to find funding for commercialization? How difficult is it to raise funding? How much money should I raise? What will investors ask in return? Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Guidebook Chapters 03.2 04 05 European Legislation, Standards & Certification • What is CE marking and what is the process? • Which are the relevant EU Directives? • What is and why do you need a Notified Body? • Are the goals you have set for your innovation Innovation Strategy Follow-up & Evaluation Useful References strategy still relevant? • Are there any changes in the technological or economic macro environment? • Annex with other useful information and materials linked to H2M website Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Guidebook Chapters 03.2 04 05 European Legislation, Standards & Certification • What is CE marking and what is the process? • Which are the relevant EU Directives? • What is and why do you need a Notified Body? • Are the goals you have set for your innovation Innovation Strategy Follow-up & Evaluation Useful References strategy still relevant? • Are there any changes in the technological or economic macro environment? • Annex with other useful information and materials linked to H2M website Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme Health Market The project is supported by the European Commission under the HEALTH thematic area of the 7th Research Framework Programme