By Mike Wright, Bart Clarysse, Philippe Mustar, Andy Lockett
Educational Entrepreneurship in Europe Wright, M. Clarysse, B. Mustar, P. Lockett, A. This ebook advances our figuring out of collage spin-off construction and improvement in environments outdoors the high-tech clusters of the USA. whereas there was sizeable collage spin-off job the world over in recent times, a variety of significant features are little understood. The authors argue that the nature of universities is altering as lowered public investment displays a public debate on their function in society. a tremendous point of this overseas phenomenon is an elevated emphasis at the commercialization of collage study and on educational entrepreneurship. those new ventures for that reason contain the spinning-off of know-how and information generated via universities. The authors undertake a multi-level process of their exam of college spin-offs. eu case experiences are particularly chosen to mirror the range of the institutional surroundings. In specific, devices of study related to universities, expertise move workplaces, spin-off agencies, finance companies and person marketers and groups are widely analysed in quantitative and qualitative experiences. To finish, coverage implications for the long run winning improvement of spin-offs are pointed out. This attention-grabbing ebook will entice a wide-ranging viewers together with teachers, coverage makers, researchers and practitioners with an curiosity in educational entrepreneurship and college spin-offs, and, extra usually, in enterprise and administration and entrepreneurship.
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Extra info for Academic Entrepreneurship in Europe
Therefore, the incubator needed some additional sources of income in order to be sustainable. It has three sources of revenue. As for most incubators, a first important source of income is the rent for office space. However, spin-offs in the pre-incubation phase (12 in 2003) do not pay any rent! The second source of income is the support Chalmers Innovation receives from government agencies. For example, the centre received 400 000 euros from VINNOVA and the Technology Bridge Funds and 20 000 euros from Nutek in 2003.
The selected cases were actively pursuing a spin-off strategy, but did not necessarily meet the three diﬀerent criteria used as selection conditions in stage 1. Data were collected on each RI as for stage 1. To examine university spin-oﬀ (USO) development, qualitative data were collected using in-depth face-to-face and telephone interviews with representatives from 12 USOs in the UK, as well as each of their ﬁnancial investors and seven associated universities over the period July 2001 to July 2002.
To make this accessible for the companies, Chalmers Innovation works together with InnovationsKapital. However, not all companies have the same growth path nor want to take venture capitalists on board at an early stage. Those companies would face a financing gap if it was not for cooperation with the Connect business angels network. Source: Clarysse and Bruneel (forthcoming). 2). Some of these schemes are common across Europe while others relate to particular countries. Some governments have created public funds with the speciﬁc aim of ﬁnancing (high-tech) spin-offs at a very early stage.
Academic Entrepreneurship in Europe by Mike Wright, Bart Clarysse, Philippe Mustar, Andy Lockett