Where medicine meets entrepreneurship: a winning BMC experience

Kamal, Fatmawati and Osman, Nora Julianna and Malik, Khasnur (2026) Where medicine meets entrepreneurship: a winning BMC experience. Med Bull' (2): 12. pp. 75-82. ISSN 2805-4628

Abstract

This article explores the strategic intersection of healthcare innovation and commercialization through the lens of a winning Business Model Canvas (BMC) experience. Historically, medical advancements have focused primarily on clinical efficacy, often neglecting the structural business planning required to successfully bring healthcare solutions to market. By utilizing the structured BMC framework—which emphasizes value propositions, key partnerships, customer segments, and revenue streams—this paper analyzes how medical professionals and healthcare innovators can bridge the gap between clinical concepts and viable commercial ventures. Through a descriptive analysis of a successful venture case, the study demonstrates that integrating business modeling into medical curricula and healthcare incubation programs enhances the entrepreneurial self-efficacy of medical practitioners. Ultimately, this integration accelerates the translation of biomedical research into sustainable, market-ready healthcare enterprises that optimize patient care and market value.

Metadata

Item Type: Article
Creators:
Creators
Email / ID Num.
Kamal, Fatmawati
fatmawati@uitm.edu.my
Osman, Nora Julianna
nora365@uitm.edu.my
Malik, Khasnur
UNSPECIFIED
Subjects: L Education > LB Theory and practice of education > Higher Education
R Medicine > R Medicine (General) > Medical education. Medical schools. Research
Divisions: Universiti Teknologi MARA, Selangor > Sungai Buloh Campus > Faculty of Medicine
Journal or Publication Title: Med Bull'
ISSN: 2805-4628
Number: 2
Page Range: pp. 75-82
Keywords: Medical entrepreneurship, Business model canvas, BMC, Healthcare innovation, Bioentrepreneurship, Business model, Venture creation
Date: June 2026
URI: https://ir.uitm.edu.my/id/eprint/141598
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