Assessing innovations
Benoît Gailly
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Benoît Gailly: Université Catholique de Louvain (UCL)
Chapter Chapter 6 in Developing Innovative organizations, 2011, pp 141-176 from Palgrave Macmillan
Abstract:
Abstract Dr D. was delighted when he learned that his home university had accepted his proposal to transfer the intellectual property rights related to the new molecule he had discovered. Laboratory tests had shown that this molecule could cure a special kind of liver disease affecting millions of people across the world. With exclusive access to such a technology in hand, Dr D. was convinced that investors would queue to finance his new venture. A systematic assessment of his innovation, however, revealed several important issues, which are summarized here.
Keywords: Discount Rate; Cash Flow; Business Model; Venture Capitalist; Business Plan (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29528-5_6
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DOI: 10.1057/9780230295285_6
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