Why Is a Well-Structured Business Plan Critical for Academic Entrepreneurs?

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Academic entrepreneurs—students, researchers, and faculty who turn fresh ideas into marketable ventures—now occupy a pivotal niche in today’s innovation-driven economy. Yet moving an inside-the-lab project into a thriving business demands more than inspiration; it calls for a practical, realistic roadmap. That roadmap is a well-structured academic business plan. It bridges the gap between scholarly research …

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