Tag: new product development

Foresight Partners with WIPO to Deliver NPD Toolkits to Innovators

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Foresight Science & Technology is excited to announce the development of a new product development toolkit on behalf of WIPO.  With the collaboration of Dr. Phyllis Leah Speser, Dr. Arendt Oak Speser and Lambda Films Ltd, we were able to produce educational content that walks researchers, inventors, and entrepreneurs as well as Technology and Innovation Support Centers (TISCs) through the process of new product development in the public domain.

Entrepreneurs, inventors, and researchers can get guidance at every step of the way, from kicking things off with a project charter all the way to figuring out the net present value of their technology/invention and everything in-between. The content of this toolkit has been thoughtfully crafted and piloted in various markets in order to finetune the material and deliver a comprehensive toolkit for WIPO to share.

See what we have been working on and enjoy learning about new product development on the WIPO TISC page.

If It Doesn’t Get Made, It Never Goes to Market

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UPDATE: Due to the unfortunate cancellation of the AUTM Annual Meeting, Foresight will no longer be in performing the workshop during the planned dates. Please reach out to learn more about our New Product Development services and training sessions!

“If It Doesn’t Get Made, It Never Goes to Market”
75-minute Workshop By: Dr. Leah Speser
Wednesday, March 11, 2020 01:00 PM – 02:15 PM
 

Success at transitioning an invention or innovation to market is highly dependent on the quality of new product development (NDP) according to empirical studies, with the best companies hitting success rates of 82%. In this session conducted by Foresight Founder, Dr. Phyllis Leah Speser, you’ll gain an understanding of NDP approaches and best practices to interest industry in your offerings, evaluate potential licenses or spin-out proposals, negotiate better licenses, reduce costs of monitoring and compliance, and respond to missed milestones. Along the way, we will look at how understanding NPD can increase success rates with SBIR/STTR and other gap funding programs. We will explore widely used NPD process models illustrated through case studies. We will also cover portfolio management, project selection, market research and resource allocation. We will focus on everyday tasks, and even provide you with a task checklist you can take back to your office.