The Inventors Guide for Medical Technology: From Your Napkin to the Market Patrick Kullmann MBA

ISBN:

Published: December 28th 2011

Kindle Edition

92 pages


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The Inventors Guide for Medical Technology: From Your Napkin to the Market  by  Patrick Kullmann MBA

The Inventors Guide for Medical Technology: From Your Napkin to the Market by Patrick Kullmann MBA
December 28th 2011 | Kindle Edition | PDF, EPUB, FB2, DjVu, talking book, mp3, ZIP | 92 pages | ISBN: | 3.69 Mb

The purpose of Kullmann’s book is “to provide an introductory overview of some of the things that an inventor needs to know and should consider. Chapters cover such topics as “The Invention,” “Research and Development,” “Manufacturing,” “Finance andMoreThe purpose of Kullmann’s book is “to provide an introductory overview of some of the things that an inventor needs to know and should consider. Chapters cover such topics as “The Invention,” “Research and Development,” “Manufacturing,” “Finance and Accounting,” “Launching in the U.S.” and “The Exit.” He discusses trademarks and patents, clinical trial designs, funding, choosing the right team, and so much more.

Each chapter ends with a tidbit of personal advice, based on Kullmann’s insight and indisputably expert knowledge of the field. (For example—“My Advice: It takes just as much time to develop the wrong product as the right one. Get the customer specifications down from the beginning.”) Simply put, The Inventor’s Guide for Medical Technology: From Your Napkin to the Market—What Innovators Need to Know offers a basic introduction to the process of taking a medical technology idea from concept to reality.

With Kullmann’s guidance, inventors and entrepreneurs alike can sidestep the pitfalls and increase their probability of success. As Kullmann advises, “Success comes down to who you’ve chosen to help you, along with performance of the right tasks, in the right order, in the right way, by the right people, with the right skills at the right time.” Inventors and entrepreneurs have very different skills, notes author Patrick Kullmann.

Inventors use their imagination and ingenuity to create something new- entrepreneurs organize, manage, and assume the risks of a business or enterprise. While that may seem simplistic, it’s vitally important to realize that these are two very different roles. Some inventors may act as entrepreneurs for their ideas, but the best course of action is often finding a different person with entrepreneurial skills. In The Inventor’s Guide for Medical Technology: From Your Napkin to the Market—What Innovators Need to Know, Kullmann outlines the key considerations for success for both the inventor and the entrepreneur.

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