Science & Engineering Entrepreneurship
Session Overview: Translating the university’s scientific and technological advances into value-creating products and services is increasingly becoming a priority for both academic institutions and funding agencies. However, turning these innovations into market-ready solutions and successful businesses is a challenging and complex process. This workshop will provide participants with a systematic framework for initiating, planning, executing, and closing a translational research and development project aimed at commercializing research outcomes. Additionally, the workshop will delve into the essential aspects of the entrepreneurial process, including venture creation and the lean start-up approach. This iterative process begins with identifying a business opportunity (problem), moves on to conceiving a business idea (solution), assessing the idea, developing a business model, and culminates in launching and growing a sustainable business.
Dr. Carlos Bazan is an Associate Professor of Technology Entrepreneurship at Memorial University, cross-appointed to the Faculty of Engineering and Applied Science. His research focuses on entrepreneurship, small business, technology transfer and commercialization, new product development, and innovation ecosystems. With a background in civil engineering, business administration, and computational science, Dr. Bazan brings a unique interdisciplinary perspective to his work. He is particularly interested in translating academic research into successful commercial ventures through translational research and development. Outside academia, he has extensive C-level management experience in both for-profit and not-for-profit sectors.