University Startups and Spin-Offs

Guide for Entrepreneurs in Academia
Author: Manuel Stagars
Publisher: Apress
ISBN: 1484206231
Category: Business & Economics
Page: 248
View: 3608

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University Startups and Spin-Offs teaches university students, researchers, and educators the most effective strategies and tactics for launching their own startups from academic platforms with the backing of school programs, public grants, incubators, seed accelerators, and private partnerships in all parts of the world. Serial entrepreneur Manuel Stagars advises students, faculty, and researchers how to test their ideas for marketability, how to develop commercial products out of research projects, and how to engage companies and investors with attractive value propositions. The author has seventeen years of experience as startup entrepreneur, founder of seven companies in the United States, Europe, and Japan, consultant to universities on commercializing their research programs, angel investor, and startup mentor. Stagars’ advice is field-tested, battle-hardened, and supported with a wealth of instructive first-hand examples from his international experience. The author advises academic entrepreneurs to take matters into their own hands instead of relying on the initiative and support of universities and governments. He shows students and researchers how to fit lean startup methods to their existing university ecosystems, leveraging their strengths without getting bogged down in bureaucratic morass. Avoiding theory and jargon, the book focuses on real-world situations, practical steps, checklists, and case studies. University students and researchers will learn the skills they need to become startup entrepreneurs on an academic platform. The final part of University Startups and Spin-Offs addresses university administrators, educators, technology licensing officers, incubator managers, and government grant officers. It shows them with practical examples from the private and academic sectors how to integrate startups into the fabric of the university, develop a thriving entrepreneurial ecosystem for students and researchers, leverage latent network effects, build bridges between scientific research and industries seeking innovative solutions, enhance the public image of the university, and motivate the university’s best and brightest to engage in startup enterprises that will deliver benefits to the university and the public as well as to themselves.

Research to Revenue

A Practical Guide to University Start-Ups
Author: Don Rose,Cam Patterson
Publisher: UNC Press Books
ISBN: 146962527X
Category: Education
Page: 352
View: 4162

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University start-ups are unique in the world of business and entrepreneurship, translating research conducted at and owned by universities into market-ready products--a complex process that requires a combination of scientific, technical, legal, business, and financial skills to be successful. Start-ups have the potential to generate revenue for universities, enhance faculty recruitment and retention, create jobs, and create investment opportunities for venture capitalists and entrepreneurs. Research to Revenue presents the first-ever comprehensive guide to understanding, starting, and managing university startups. By systematically describing the process of translating academic research into commercial enterprises, Don Rose and Cam Patterson give a thorough, process-oriented, and practical set of guidelines that cover not only best practices but also common--and avoidable--mistakes. They detail the key factors and components that contribute to a successful start-up, explain what makes university start-ups unique, delineate the steps of building and managing them, and describe how to foster and maintain start-ups at a university. Written for faculty and staff working on campus, tech-transfer officers, university administrators, and venture capitalists unfamiliar with university structures, Research to Revenue ensures that any reader unfamiliar with technology commercialization and entrepreneurship will understand the fundamentals of the process, including intellectual property rights, fund-raising, and business models. This work is an invaluable resource for the successful formation and well-managed operation of university start-ups.

Accelerators

Successful Venture Creation and Growth
Author: Mike Wright
Publisher: Edward Elgar Publishing
ISBN: 1786434091
Category:
Page: 224
View: 3957

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Accelerators are a rapidly growing new form of organization that aim to stimulate entrepreneurship through intensive, limited-period educational programs, including mentoring and networking for the cohort of start-up participants selected for each program, to improve their ability to attract investment at the end of the program. Drawing on novel evidence from across the world, this is the first book to provide rigorous analysis of the nature and effectiveness of accelerators that will be invaluable for researchers, policymakers and entrepreneurs.

Entrepreneurial Universities

Exploring the Academic and Innovative Dimensions of Entrepreneurship in Higher Education
Author: Marta Peris-Ortiz,Jaime Alonso Gómez,José M. Merigó-Lindahl,Carlos Rueda-Armengot
Publisher: Springer
ISBN: 3319479490
Category: Business & Economics
Page: 310
View: 689

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This book analyses the importance of the entrepreneurial university, specifically in relation to the creation of entrepreneurial ideas and attitudes in students and entrepreneurial initiatives in academic institutions. The aim of the editors and contributing authors is to provide the reader with a set of experiences illustrating the advantages of communicating and encouraging entrepreneurship among students, thereby highlighting the “third mission” of the university: the need to adopt entrepreneurial strategy without disrupting the quality of teaching and research. Featuring initiatives from institutions around the world, the authors argue that the increasing importance of knowledge in the technical and social dimensions of today’s world provides greater relevance to the entrepreneurial university. In this context, universities transcend their traditional focus on teaching and basic research to carry out technology transfers, marketing ideas, and patent registrations, and incorporate spin-off companies that contribute to industrial innovations, economic growth, and job creation. In the teaching dimension, the entrepreneurial university represents a focus on programs which train students in the applications and most advanced practices in knowledge-driven fields. The book addresses such questions as: Can marketing ideas deteriorate the quality of research in the long term? What importance does the cultural framework have for an entrepreneurial education? What circumstances and programs facilitate spin-offs in universities What are the key features of entrepreneurial universities? In reference to entrepreneurship education in its broadest sense, then, it corresponds to the framework of ideas and general features on which entrepreneurship is founded: in-depth knowledge of the projects or ventures which they wish to carry out, capacity to perceive the relevant characteristics of the environment, and the leadership and goal setting skills to achieve success.

Commercializing Innovation

Turning Technology Breakthroughs into Products
Author: Jerome Schaufeld
Publisher: Apress
ISBN: 1430263539
Category: Business & Economics
Page: 190
View: 5202

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Commercializing Innovation: Turning Technology Breakthroughs into Products shows how to turn ideas from R&D labs, universities, patent offices, and inventors into commercially successful products and services. Commercializing technology has never been easy, and it's getting tougher all the time. All the decisions you need to make are complicated by today's breakneck rates of change in enabling technology and by competitive pressures disseminated globally at the speed of the internet: Where to get ideas? Which to pursue? Whom to hire? Where to manufacture? How to fund? Create a startup or license to another? To answer these questions adequately and bring sophisticated products and services successfully to market, you need to deploy the systematic methods detailed in this book. Jerry Schaufeld--serial technology entrepreneur, angel investor, and distinguished professor of entrepreneurship--presents in detail his proven step-by-step commercialization process, beginning with technology assessment and culminating with the successful launch of viable products into the global market. Using case studies, models, and practical tips culled from his entrepreneurial career, he shows readers of Commercializing Innovation how to Source technology that can be turned into products Recognize an opportunity to create a viable product Perform feasibility analyses before sinking too much money into a project Find the right method and means to introduce the product to market Plan the project down to the last detail Execute the project in ways that improve chances of its success Comply with government regulation without crippling your project Decide whether offshore manufacturing is your best option Compete globally with globally sourced ideas and funding

The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship


Author: Albert N. Link,Donald S. Siegel,Mike Wright
Publisher: University of Chicago Press
ISBN: 022617848X
Category: Business & Economics
Page: 288
View: 1684

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As state support and federal research funding dwindle, universities are increasingly viewing their intellectual property portfolios as lucrative sources of potential revenue. Nearly all research universities now have a technology transfer office to manage their intellectual property, but many are struggling to navigate this new world of university-industry partnerships. Given the substantial investment in academic research and millions of dollars potentially at stake, identifying best practices in university technology transfer and academic entrepreneurship is of paramount importance. The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship is the first definitive source to synthesize state-of-the-art research in this arena. Edited by three of the foremost experts in the field, the handbook presents evidence from entrepreneurs, administrators, regulators, and professors in numerous disciplines. Together they address the key managerial and policy implications through chapters on how to sustain successful research ventures, ways to stimulate academic entrepreneurship, maintain effective open innovation strategies, and improve the performance of university technology transfer offices. A broad and ambitious work, the handbook offers comprehensive coverage for universities of all types, allowing them to confidently handle technology commercialization and further cultivate innovation.

Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products

Commercialization of Research-Based Products
Author: Szopa, Anna
Publisher: IGI Global
ISBN: 1466684887
Category: Business & Economics
Page: 318
View: 9169

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In recent years, the pace of technological growth—from the very first stages of research and development to full-scale industrial implementation—has quickened at an exponential rate. To better keep pace with rapidly-changing market demands, the gap between university research incubators and public-sector start-up companies has undergone a marked contraction. Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products seeks to fill the gap in research between universities and the public, and offers cutting-edge insight into the current state of the field. Charting a course that moves from discussions of academic resistance and implications for knowledge-transfer theory to current case-studies of academic/industrial launch-pads like COTEC’s Technology Commercialization Accelerator and the Maryland Industrial Partnerships program, this publication targets an audience of academicians, administrators, researchers, entrepreneurs, and established professionals, and seeks to provide insight into the mechanisms by which the research of today becomes the household names of tomorrow.

Building Technology Transfer within Research Universities

An Entrepreneurial Approach
Author: Thomas J. Allen,Rory P. O'Shea
Publisher: Cambridge University Press
ISBN: 0521876532
Category: Business & Economics
Page: 414
View: 5143

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Academic thought-leaders in the field of technology transfer analyze critically the factors behind success-oriented entrepreneurial start-up cultures on university campuses.

Handbook of Research on Entrepreneurial Success and its Impact on Regional Development


Author: Carvalho, Luísa
Publisher: IGI Global
ISBN: 1466695684
Category: Business & Economics
Page: 878
View: 480

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World Scientific Reference On Entrepreneurship, The (In 4 Volumes)


Author: N.A
Publisher: World Scientific
ISBN: 9814733326
Category: Business & Economics
Page: 1536
View: 3363

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This book examines an important economic development in East Asia during the first decade of the 21st century. Whereas regional arrangements were, with the sole significant exception of ASEAN, conspicuously absent before 2000, they have proliferated since 2000 in both the monetary and trade areas. The book places this political development in the changing nature of the national economies, especially their increasing integration into regional and global value chains with the fragmentation of production processes.This is a freshly written, coherent analysis of the topic, drawing upon (updated) material from a series of articles that the author has published on the subject over the years. Although the book is based on theoretical and, especially, empirical analysis of regionalism, it is written in a non-technical style accessible to a wide range of readers. The book is likely to be adopted as supplementary reading for university courses on Asian economies, whether be it in area studies or economics/political economy disciplines.

Marketplace Lending, Financial Analysis, and the Future of Credit

Integration, Profitability, and Risk Management
Author: Ioannis Akkizidis,Manuel Stagars
Publisher: John Wiley & Sons
ISBN: 111909917X
Category: Business & Economics
Page: 344
View: 3991

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The time for financial technology innovation is now Marketplace Lending, Financial Analysis, and the Future of Credit clearly explains why financial credit institutions need to further innovate within the financial technology arena. Through this text, you access a framework for applying innovative strategies in credit services. Provided and supported by financial institutions and entrepreneurs, the information in this engaging book encompasses printed guidance and digital ancillaries. Peer-to-peer lenders are steadily growing within the financial market. Integrating peer-to-peer lending into established credit institutions could strengthen the financial sector as a whole, and could lead to the incorporation of stronger risk and profitability management strategies. Explain (or Explore) approaches and challenges in financial analysis applied to credit risk and profitability Explore additional information provided via digital ancillaries, which will further support your understanding and application of key concepts Navigate the information organised into three subject areas: describing a new business model, knowledge integration, and proposing a new model for the Hybrid Financial Sector Understand how the rise of fintech fits into context within the current financial system Follow discussion of the current status quo and role of innovation in the financial industry, and consider the financial technology innovation landscape from the perspective of an entrepreneur Marketplace Lending, Financial Analysis, and the Future of Credit is a critical text that bridges the gap in understanding between financial technology entrepreneurs and credit institutions.

Open Data in Southeast Asia

Towards Economic Prosperity, Government Transparency, and Citizen Participation in the ASEAN
Author: Manuel Stagars
Publisher: Springer
ISBN: 3319321706
Category: Business & Economics
Page: 192
View: 8924

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This book explores the power of greater openness, accountability, and transparency in digital information and government data for the nations of Southeast Asia. The author demonstrates that, although the term “open data” seems to be self-explanatory, it involves an evolving ecosystem of complex domains. Through empirical case studies, this book explains how governments in the ASEAN may harvest the benefits of open data to maximize their productivity, efficiency and innovation. The book also investigates how increasing digital divides in the population, boundaries to civil society, and shortfalls in civil and political rights threaten to arrest open data in early development, which may hamper post-2015 development agendas in the region. With robust open data policies and clear roadmaps, member states of the ASEAN can harvest the promising opportunities of open data in their particular developmental, institutional and legal settings. Governments, policy makers, entrepreneurs and academics will gain a clearer understanding of the factors that enable open data from this timely research.

Spin-Outs

Creating Businesses from University Intellectual Property
Author: Graham Richards,William Graham Richards
Publisher: Harriman House Limited
ISBN: 1906659427
Category: Business & Economics
Page: 180
View: 7094

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Spin-out companies from university science departments offer the hope of keeping Western economies viable at a time when manufacturing is being outsourced to developing countries, as well as sustaining university finances. This book teaches how to create business from university intellectual property.

Academic Entrepreneurship in Europe


Author: Mike Wright
Publisher: Edward Elgar Publishing
ISBN: 1847205577
Category: Study Aids
Page: 238
View: 5202

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The structure of the book and the organisation of material within chapters are well thought out with the authors skilfully weaving empirical material from diverse sources into an easily readable holistic account of the university spin-off phenomenon. . . Many of the lessons learned and conclusions drawn from this work are applicable to academic entrepreneurs in whichever faculty or subject area they work. David Woollard, International Journal of Entrepreneurial Behaviour and Research This timely book fills a gap in the knowledge market. . . The authors should be applauded for taking the time to write and share their knowledge with us. This book will be welcomed by practising researchers. . . It will also be welcomed by busy lecturers, policymakers, students and chief executive officers. Robert Smith, Entrepreneurship and Innovation This book advances our understanding of university spin-off creation and development in environments outside the high-tech clusters of the US. While there has been substantial university spin-off activity internationally in recent years, a number of major aspects are little understood. The authors argue that the nature of universities is changing as reduced public funding reflects a public debate on their role in society. An important aspect of this international phenomenon is an increased emphasis on the commercialization of university research and on academic entrepreneurship. These new ventures therefore involve the spinning-off of technology and knowledge generated by universities. The authors adopt a multi-level approach in their examination of university spin-offs. European case studies are specifically selected to reflect the diversity of the institutional environment. In particular, units of analysis involving universities, technology transfer offices, spin-off firms, finance providers and individual entrepreneurs and teams are extensively analysed in quantitative and qualitative studies. To conclude, policy implications for the future successful development of spin-offs are identified. This fascinating book will appeal to a wide-ranging audience including academics, policy makers, researchers and practitioners with an interest in academic entrepreneurship and university spin-offs, and, more generally, in business and management and entrepreneurship.

From the Eye of the Storm

Higher Education's Changing Institution
Author: Ben Jongbloed,P.A. Maassen,G. Neave,Centrum voor Studies van het Hoger Onderwijsbeleid (Enschede, Netherlands)
Publisher: Springer Science & Business Media
ISBN: 9780792360650
Category: Education
Page: 316
View: 1536

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Universities and colleges have been under severe pressure to expand student numbers in order to fulfill new and more business-like approaches and to raise levels of efficiency and quality. Over the coming years, institutions of higher education will face increasing competition for students and funds, as well as the need to prove their relevance to society and become an integral part of the global information economy of the 21st century. They are confronted with such important questions as: How is higher education meeting this challenge? How far is the pressure for change reflected in the institute's working practices? This volume contains a series of chapters that focus on the institutional dimension of higher education policy. They have been written by researchers from the Center for Higher Education Policy Studies (CHEPS) of the University of Twente (The Netherlands) in collaboration with some of their colleagues from outside the Center and cover a broad range of areas in which the Center has been actively involved over the past 15 years.

Advances in Interdisciplinary European Entrepreneurship Research


Author: Michael Dowling,Jürgen Schmude,Dodo zu Knyphausen-Aufsess
Publisher: LIT Verlag Münster
ISBN: 9783825883232
Category: Political Science
Page: 329
View: 4201

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This book presents a selection of the best papers from the second annual Interdisciplinary European Conference on Entrepreneurship Research (IECER), held at the University of Regensburg in February 2004. The papers in this book have several overarching themes. One theme concerns the success factors that affect high-growth entrepreneurial firms in general. A second group of papers looks at specific factors influencing entrepreneurial firms in particular countries, and another set focuses on new ventures in different industrial settings. A final group of papers focuses on the entrepreneur and his/her impact on firm development.

Entrepreneurship for Physicists

A Practical Guide to Move Inventions from University to Market
Author: Davide Iannuzzi
Publisher: Morgan & Claypool Publishers
ISBN: 1681746689
Category: Science
Page: 89
View: 3140

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Physicists are very smart people. Still, when it comes to moving their ideas from university to market, they often lack the basic set of know-hows that could help them succeed in the technology transfer process. To fill this gap, Entrepreneurship for Physicists: A Practical Guide to Move Ideas from University to Market offers a concise analysis of the key ingredients that enable entrepreneurs to bring added value to their customers. After a short discussion on why university physicists should pay more attention to this aspect of their professional life, the book dives into a set of theories, models, and tools that could help an academic scientist transform an idea into customer added value. The reader will be introduced to effectuation theory, internal resource analysis, external landscape analysis, value capture, lean startup method, business canvases, financial projections, and to a series of topics that, albeit often neglected, do play a fundamental role in technology transfer, such as trust, communication, and persuasion. In the last chapter, the book explains howmost of the concepts discussed actually find application in the career of scientists in a much broader sense.

The Startup Owner's Manual

The Step-by-Step Guide for Building a Great Company
Author: Steve Blank,Bob Dorf
Publisher: BookBaby
ISBN: 098920054X
Category: Business & Economics
Page: 608
View: 1559

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Welcome to The Startup Owner's Manual, a near-encyclopedic manual that will teach you * How to incorporate the Business Model Canvas as the organizing principle for startup hypotheses * How to find Product-Market fit * How to Get, Keep and Grow customers * How to fuel growth with metrics that matter The Startup Owner's Manual walks you, step-by-step, through the tested and proven Customer Development process created by startup expert Steve Blank, unlocking the secrets to building a successful, scalable company. This book: * Guides startups of all types in their search for a scalable, profitable business model * Explains the 9 deadly sins startups commit most often - and helps you avoid them * Provides separate paths and advice for physical versus web/mobile products * Explains how to test and iterate your company's road to product/market fit * Details strategies and tactics for how to get, keep and grow customers * Teaches a new math for startups -- metrics that matter * Includes detailed checklists at every step of the process ...and provides hundreds of ideas, watch-outs and "how tos" for founders! The Startup Owner's Manual lays out the best practices, lessons and tips that have swept the startup world, offering a wealth of proven advice and information for entrepreneurs of all stripes. It is used by thousands of startups, leading universities (including Stanford, U.C. Berkeley and Columbia) and the U.S. National Science Foundation, among many others.

Disciplined Entrepreneurship

24 Steps to a Successful Startup
Author: Bill Aulet
Publisher: John Wiley & Sons
ISBN: 1118720814
Category: Business & Economics
Page: 288
View: 6918

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24 Steps to Success! Disciplined Entrepreneurship will change the way you think about starting a company. Many believe that entrepreneurship cannot be taught, but great entrepreneurs aren’t born with something special – they simply make great products. This book will show you how to create a successful startup through developing an innovative product. It breaks down the necessary processes into an integrated, comprehensive, and proven 24-step framework that any industrious person can learn and apply. You will learn: Why the “F” word – focus – is crucial to a startup’s success Common obstacles that entrepreneurs face – and how to overcome them How to use innovation to stand out in the crowd – it’s not just about technology Whether you’re a first-time or repeat entrepreneur, Disciplined Entrepreneurship gives you the tools you need to improve your odds of making a product people want. Author Bill Aulet is the managing director of the Martin Trust Center for MIT Entrepreneurship as well as a senior lecturer at the MIT Sloan School of Management. For more please visit http://disciplinedentrepreneurship.com/