| Title |
Exploring the challenges faced by life science start-ups in commercializing their technologies / |
| Translation of Title |
Sunkumų, su kuriais susiduria gyvybės mokslų startuoliai komercializuodami technologijas, tyrimas. |
| Authors |
Miškinis, Justas |
| Full Text |
|
| Pages |
65 |
| Keywords [eng] |
Start-ups, life sciences start-ups, life sciences, life science technologies, business model, business model concpet, business model, technology commercialization, commercialization process. |
| Abstract [eng] |
In this work, the aim was to find out what are the main difficulties of the commercialization process faced by Lithuanian life sciences start-ups. A literature review was conducted, which showed that there is a sufficient amount of information on how to study the commercialization process, but little knowledge on the challenges faced by start-ups, especially in the life sciences sector. Such information would be useful in streamlining the commercialization process and potentially contributing to a higher success rate for life science start-ups that would be beneficial both economically and socially. During the research of this work, representatives of three Lithuanian life sciences companies, that have passed the start-up stage, were interviewed. Based on the collected answers, questions were prepared for six representatives of Lithuanian life sciences start-ups in order to find out the main difficulties of the commercialization process and operational characteristics. Based on the analysis of the collected answers, a conceptual business model was compiled, which was commented on by an expert in the field of life sciences. A final conceptual business model has been created to provide guidance for life science start-ups to streamline the technology commercialization process. |
| Dissertation Institution |
Vilniaus universitetas. |
| Type |
Master thesis |
| Language |
English |
| Publication date |
2024 |
