3 things to consider when commercialising your research

Perhaps you are considering commercialising your research? If so, there are three potential ways in which you can do this.

1. Stay in academia and work closely with industry

Staying within academia and working closely with industry to deliver impact from your research is certainly one way in which you could commercialise your research. This could be in the form of collaborative research and development (R&D) projects, consultancy projects, commissioned services, or even a joint PhD studentship. Organisations with a big focus on R&D often monitor patent activities in academia and sometimes licensing arrangements can lead to interactions if further support from academics is required.

2. Apply your knowledge by working directly for a business on new product development

Another option to consider is joining a company, whether a start-up, an SME (a small to medium sized business) or even a large company. Here you could use and apply your knowledge and skills to help them develop new products and commercialise these. When you work for a business, you will focus on developing products and solutions that deliver tangible benefits to customers who want to pay for them.

3. Start your own business!

If you are an early-career researcher and you are looking for a working environment that is face-paced and where you can push ahead with your own ideas and concepts, it is well worth considering setting up your own company. Take a look at our tenant case studies for some great examples of new agri-tech businesses being set up and spun-out right here in Rothamsted Agri-Tech Business Centre. It’s true to say that setting up your own business comes with risks, but the benefits are great too.

So, if you are looking to commercialise your research and one of these options sounds appealing, do get in touch. Rothamsted Agri-Tech Business Centre has a wide range of hotdesking, office and lab space for hire, as well as a hugely supportive tenant community, with extensive links into the scientists at Rothamsted Research.