There was recognition of this special paper’s potential value to manufacturers of the ceramic products and piezoceramics and indeed to other researchers. The researchers of this invention applied for a patent that was granted eventually by the local university.
One of the researchers who invented the paper was near his completion of doctorate. He invented the release paper to the local university along with an electronically conducive and unique material of ceramic outside the local university. After securing the doctorate from the university, he did research on materials that are electronically conductive and have practical applications. He eventually took the decision of building a business plan in commercializing and developing the material that was named as “EC material”.
One recommendation for the entrepreneurial opportunity
The knowledge that ECmaterial development can take months, and at least two years would be required in generating revenues of any significance. To solve this problem, an interim product was needed which is producible in the settings of the laboratory and could begin to generate immediate income. The release was to be considered that was co-invented at the local university.
The development of the ECmaterial was secured and the knowledge was obtained that ‘release sheets’ can generate income which was needed for the company’s viability within the first year.
Specific and detailed ideas
There was founding of the harmonics with the help of the model as follows. The products would be developed on the basis of many propreitory ceramic materials having a goal of technology selling or licensing of those products for the use of the customers in relation to different apllications. The company’s central products do not include the ‘release sheets’ but has been considered to generate income in the product’s development phase. Threfore, the objective of the company was not to become the release sheet’s high volume manufacturer (Johnson, 2005). In case, there was rapid growth of demand for the release sheets, the company would search for product’s licensee or buyer in order to keep the focus on the development of applications and technologies related to the new ceramic matrerial as its core competency.