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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.
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.
It was not that long ago that it might have been possible to cover
the topic of venture capital in one paper. Now, it is not possible
to provide comprehensive coverage in even one book. The industry
has flourished, as variations of he initial venture capital funds
have been developed and now operates in most developing and
developed economies. This is clearly reflected in this volume,
which has a strong focus on Europe and Asia. Each of the papers is
a stand alone effort. However, a full reading of the volume
provides a panoramic picture of the global extent of venture
capital, some of its challenges, and the likely direction of future
efforts. Venture capital and the venture capitalist have been shown
to have a positive impact on performance in many cases. This is
clearly the reason why some many emerging economies want to
increase the level of venture capital investment in their country.
It was not that long ago that it might have been possible to cover
the topic of venture capital in one paper. Now, it is not possible
to provide comprehensive coverage in even one book. The industry
has flourished, as variations of he initial venture capital funds
have been developed and now operates in most developing and
developed economies. This is clearly reflected in this volume,
which has a strong focus on Europe and Asia. Each of the papers is
a stand alone effort. However, a full reading of the volume
provides a panoramic picture of the global extent of venture
capital, some of its challenges, and the likely direction of future
efforts. Venture capital and the venture capitalist have been shown
to have a positive impact on performance in many cases. This is
clearly the reason why some many emerging economies want to
increase the level of venture capital investment in their country.
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