Great article — for engineers who design or develop a product and want to be the entrepreneur who sells it. Lots of advice and checklists.
Excerpt: Basic research used to be pretty straightforward. A scientist had an idea, performed the research, and disseminated the results broadly through publications.
That paradigm has shifted. Today, scientists can take their work beyond a publication by patenting and commercializing resulting technologies. The government and universities alike are encouraging researchers to take their work out of the lab and into the commercial sector.
But trading an experimental design for a business plan is not for everyone. The choice requires a careful examination of one’s self and one’s technology