Soar: Innovation Education And Entrepreneurship Institute.
Dr. Eric M. Kraus
The Ear Center of Greensboro
Today on the 25th of May, Dr. Kraus is here to lecture us on his profession, and how he got in that position. Besides being a doctor, he is also an inventor. He is an ear, nose, and throat surgeon, but lately he has only been focusing on the ear.
You have to be a dreamer; day dreaming is pretty healthy to be shifting through thoughts. You have to have passion; it takes a lot of time and patience. You have to take risks. Know your advantages, know your struggles. You also need to balance your time. You cannot save time. Spend your time wisely.
His opinion on the five important S’s of life
Surgery wants to make a difference. Also, it is his occupation. Networking and finding jobs is done through friends and family.
Swarthmore is where Dr. Kraus went to college. Education is where you learn to problem-solve, analyze and evaluate. He wants to get as many degrees as possible. It will open more doors for you. Complete your education. Read a lot. It helps you become a better writer and a better communicator. All of those things help you.
Spouse: one of the biggest decisions in your life. It determines your lifestyle and your children. Family is very important.
The other three: synagogue, Steelers, and sleep. To take care of your body keeps you healthy. Sleeping is a creative time period.
Dr. Kraus grew up in Pennsylvania and went to Swarthmore College and the University of Pittsburgh School of Medicine.
He has an MD Degree. He owns his own practice.
He performs surgery every day and does researching and teaching.
Inventions and Patents (Most of his inventions are worldwide)
FindMeID Bracelet: to help identify special needs kids.
Kraus Modified Schuring Ossicle-Cup Prosthesis 92
Middle ear implant mounting bracket
Kraus K-Helix prostheses, issued Nov. 2011
Types of Patents and Trademarks
-Utility- a real patent, but the hardest one to get. It is the most cherished in the world. It has to be a new idea, attainable, useful, and “non-obvious”.
-Design- worthless; it is easy to receive.
Patents- an exclusive right officially granted by a government to an inventor to make or sell an invention. A patent is only used for twenty years. After that, it then disappears.
FDA Food and Drug Administration: a government group (very knowledgeable)
Dr. Kraus worked on the process of creating his invention for 25 years.
He got a 510K Application, file patent. It took about 3.5 years to process (to get approval for each material needed for his invention). If done another way, this would cost millions of dollars. He needed to get a license and get approval from a private workgroup. Then, there was a clinical research study. He had to demonstrate the procedure to make it safe for humans. Then, after some other steps, the item was approved.
- He told us that being an Inventor is a curse. You don’t know where to stop.
- Once you have knowledge, you can be powerful.
- Failure can teach you a lot.
- You cannot buy knowledge.
- “Imagination is more important than knowledge” is a quote from Albert Einstein.
- See the world outside of what you know.
- Volunteer and shadow people.
- Connect the dots differently.
- Strive for balance.
- Invest in yourself right now. And network with everyone.
- Use Spell Check!