Erkki Soini: From basic research to a product

Abstract: In the course of turning basic research into a commercial product there are many problems which are associated with the conversion of research work to innovation, with protection of intellectual property, with creation of profitable business and in coping with venture capital. The range of problems is very large and in this paper the author tries to focus the reader's attention to these problems expressed by the statements made later in the text. These statements are subjective in their nature and have been derived from the author's experience and the author does not make any propositions that these statements are generally applicable or true. Nonetheless the author hopes that these statements will help to stimulate discussion at this conference.