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https://www.um.edu.mt/library/oar/handle/123456789/66401
Title: | Research to business plan : a metamorphosis |
Authors: | Cortis, Michelle |
Keywords: | Research -- Malta Industries -- Research -- Malta Business planning -- Malta |
Issue Date: | 2019 |
Publisher: | University of Malta |
Citation: | Cortis, M. (2019). Research to business plan: a metamorphosis. THINK Magazine, 27, 14. |
Abstract: | In recent years, there has been a shift in the relationship between research and commercial industries. Commercial viability almost always comes into question for ongoing research. Commercialisation can be a boon. When a research project has demonstrated its potential to become a viable business, funding opportunities increase, meaning the research can be turned into a product or service that people can use. In 2018, as part of a Masters in Knowledge-Based Entrepreneurship, I analysed the commercial potential of an ongoing University of Malta project. I conducted an in-depth market feasibility study on Prof. Ing. Joseph Cilia’s Smart Micro Combined Heat and Power System, a device that can be fitted into homes and offices to deliver heat as a by-product of electricity, reducing energy costs. Many EU countries are setting up incentives to make these systems more feasible and attractive to consumers. |
URI: | https://www.um.edu.mt/library/oar/handle/123456789/66401 |
ISSN: | 2306-0735 |
Appears in Collections: | Think Magazine, Issue 27 |
Files in This Item:
File | Description | Size | Format | |
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Research_to_business_plan.pdf | 149.83 kB | Adobe PDF | View/Open |
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