What Every Engineer Should Know About Starting a High-Tech Business Venture: 1st Edition (Paperback) book cover

What Every Engineer Should Know About Starting a High-Tech Business Venture

1st Edition

By Eric Koester

CRC Press

610 pages | 80 B/W Illus.

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pub: 2009-01-06
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Description

Written by an experienced business lawyer in the technology, scientific and engineering community, this publication is for the engineer with an innovative high-tech idea or concept who needs those crucial business insights and strategies to move that idea forward. It offers key analysis on how to leave a current employer, gain access to technologies and potential talent, and considers other issues that can reduce problems down the road. It even includes a step-by-step guide for accessing and protecting intellectual property at the earliest stages.

To assist in the fundraising process, this resource explores all the available options to capitalize a business – from self-funding, to bootstrapping, to angel investors, to venture capital to government grants, to bank loans, to joint ventures. It also looks at the best ways to form a company so as to take advantage of various tax and business strategies, discusses compensation of employees with stock options or restricted stock plans, explains how an emerging company can expand internationally, and covers some key exit strategies such as an IPO or a merger/acquisition. It covers most everything a new technology business will face including hiring, firing, contracts, leases, loans, and product warranties.

As you read, you will find this book is full of the stuff that engineers love: statistics, data, tools, spreadsheets, and research. But it also full of the anecdotal evidence and practical advice needed to stay the course. Now is a tremendous time for entrepreneurship. Although there have been periodic slowdowns in the economy, if you believe in a future, high-tech is the future in which to believe.

This book is part of the Taylor & Francis/CRC Press series "What Every Engineer Should Know About… . Like the other books in the series, it is designed to provide you with important knowledge that will help you along your career path. This one will also help you make that path your own.

Table of Contents

Becoming a High-Tech Entrepreneur

The Startup Life

Your High-Tech Business Concept

The Startup Road Ahead

Starting It Up

Forming a Founding Team

Working with an Attorney

Leaving Your Employer

Forming the Business

Planning for Your Business

Building a Startup Success

Raising Money

Venture Capital

Building Your Team

Your Boards and Board Members

Protecting Your Intellectual Property

Product Development

Marketing Efforts

Sales Organizations

Operational Matters of the Business

Contracts and Product Warranties

Startup Accounting

Tax Considerations for a Startup

Issuing Securities

Next Steps and Stages

International Expansion

IPOs, Mergers, Acquisitions, and Sales

The Entrepreneurial Circle of Life

Definitions

Additional Resources

Index

About the Originator

About the Series

What Every Engineer Should Know

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS042000
BUSINESS & ECONOMICS / Management Science
TEC009000
TECHNOLOGY & ENGINEERING / Engineering (General)