Academic Entrepreneurship: University Spinoffs And Wealth by Scott Andrew Shane

By Scott Andrew Shane

During this targeted and well timed quantity, Scott Shane systematically explains the formation of college by-product businesses and their function within the commercialization of college expertise and wealth production within the usa and in different places. the significance of college by-product job is mentioned and the ancient improvement of college derivative ventures is traced through the years. Scott Shane offers in-depth research of the 4 significant elements that together effect by-product task: the college and societal surroundings, the expertise built at universities, the industries within which spinoffs function, and the folks concerned. He records the method of corporation construction, targeting the formation of spinoffs, the transformation of the spinoff's expertise into new services, the identity and exploitation of a marketplace for those new services and the purchase of monetary assets. additionally unique are the standards that increase and inhibit the functionality of college spinoffs, in addition to the impression that they've at the associations that spawn them. Authoritative and hugely readable, this quantity will attract students getting to know the by-product phenomenon, collage know-how move officials, inventors, policymakers, exterior marketers and traders.

Show description

Read Online or Download Academic Entrepreneurship: University Spinoffs And Wealth Creation (New Horizons in Entrepreneurship Series) PDF

Similar small business & entrepreneurship books

Team Talk: The Power of Language in Team Dynamics

Donnellon argues that the distance among the appropriate and the truth of crew paintings is because of the failure to acknowledge and tackle the paradoxes that staff paintings poses for people, groups, managers, and organisations. The imperative paradox is that groups require either the renovation of ameliorations between its participants in addition to the mixing of these adjustments right into a unmarried operating unit.

Relationship Fundraising: A Donor Based Approach to the Business of Raising Money

The world over acclaimed fundraising advisor Ken Burnett has thoroughly revised and up-to-date his vintage e-book courting Fundraising to supply fundraising pros a useful source for studying the suggestions of potent conversation with donors within the twenty-first century. packed with illustrative case histories, donor profiles, and greater than 2 hundred motion issues, this groundbreaking ebook exhibits fundraisers find out how to enforce artistic methods to relationship-building fundraising keep away from universal fundraising mistakes and pitfalls observe the very important parts for fundraising good fortune construct sturdy relationships via advertising in attaining a better figuring out in their donors speak successfully with donors--using unsolicited mail, the click, tv, the phone, face-to-face touch, and extra.

Accounting for Non-Accountants, 3E: The Fast and Easy Way to Learn the Basics (Quick Start Your Business)

A brief, Compact, and Easy-to-Understand source for Non-Accountants Accounting for Non-Accountants is the must-have consultant for we all who've by no means taken an accounting classification, are mystified by way of accounting jargon, and feature no clue approximately stability sheets, source of revenue statements, or statements of money flows.

Assessment and Diagnosis for Organization Development: Powerful Tools and Perspectives for the OD Practitioner

Even if the speculation and strategies of association improvement (OD) evaluation and analysis were lined in different books, there's a loss of practitioner-focused publications that introduce real-world case reports and instruments rooted within the technique. This ebook will fill that hole, supplying useful viewpoint and perception from practitioners and specialists presently practising OD review and prognosis.

Additional resources for Academic Entrepreneurship: University Spinoffs And Wealth Creation (New Horizons in Entrepreneurship Series)

Example text

In part, the low prices for university inventions reflect the fact that few university inventions attract multiple bidders (Jansen and Dillon, 1999), leaving universities to take the offers that they receive, or fail to license their technologies. The low prices also reflect the fact that these inventions are at such an early stage that they have very little value in the absence of additional development being undertaken by the licensor. Therefore earning a reasonable compensation from university inventions requires making an investment that will grow in value along with the value of the licensing organization.

For instance, Lowe (2002:54) quotes one University of California inventor who explains why he was more interested in developing technology through a spinoff than through license to an established company. ’ Of course Pangenix wouldn’t exist. But what do the companies get when they license from UC? When they license from [Pangenix], companies are guaranteed access to my experience . . If the university was licensing it around, we would be getting phone calls from people asking about problems. I wouldn’t be as sympathetic.

28 Academic entrepreneurship Other spinoffs financed the development of laboratories and donated equipment to the Institute. 6 Several researchers have even observed that many academic entrepreneurs view university spinoffs as a vehicle to obtain research funding. For instance, Blair and Hitchens (1998) report that, in the United Kingdom, many academics form companies because new companies are more likely to receive additional research funding than research groups or laboratories are to obtain grant money.

Download PDF sample

Rated 4.35 of 5 – based on 40 votes