Building Technology Transfer within Research Universities

For the past number of years, academic entrepreneurship has become one of the most widely studied topics in the entrepreneurship literature. Yet, despite all the research that has been conducted to date, there has not been a systematic attempt to analyze critically the factors which lie behind successful business spin-offs from university research. In this book, a group of academic thought-leaders in the field of technology transfer examine a number of areas critical to the promotion of start-ups on campus. Through a series of case studies, they examine current policies, structures, program initiatives and practices of fourteen international universities to develop a theory of successful academic entrepreneurship, with the aim of helping other universities to enhance the quality of their university transfer programs. This book is a valuable resource for researchers and graduate students working on innovation, entrepreneurship and technology transfer, as well as senior managers and policymakers. Advance praise: 'This volume brings alive the modern synthesis of entrepreneurship and universities that has created a powerful force for change and wealth in societies. The contributors are at the forefront of the subject and leaders everywhere will need to understand the insights discussed.' Phillip A. Sharp, Nobel Laureate in Medicine, Massachusetts Institute of Technology, and co-founder, Biogen Idec, Alnylam Advance praise: 'This book is a must-read for scholars, practitioners and policymakers who want to really understand the emergence of technology-based start-up companies from academic institutions around the world. Edited by two of the leading researchers on academic entrepreneurship and with chapters from many other experts in the field, the book is unique in its coverage of universities from around the globe and for opening up the black box of the university practices that actually contribute to the formation of spin-off companies.' Toby Stuart, Chair of Entrepreneurship, Hass School of Business, University of California, Berkeley Advance praise: 'This edited volume by Allen and O'Shea provides excellent insight into the academic spin-off phenomenon by detailing the institutional development of a range of research university efforts in this vitally important means of technology transfer.' David H. Hsu, Associate Professor of Management, Wharton School, University of Pennsylvania Advance praise: 'While technology transfer from the university to industry is critical to economic growth and competitiveness, our commensurate understanding thereof is quite limited. Using an entrepreneurial lens, Allen and O'Shea [have] edited an important volume that opens the black box of technology transfer by studying leading research institutions across the globe. This book is a must-read for any policy maker, university administrator, academic, and student interested in technology transfer, innovation, and economic growth.' Frank T. Rothaermel, Deedy Professor, Georgia Institute of TechnologyForeword 1 Edward B. Roberts; Foreword 2 Donald Siegel; Acknowledgments; 1. Introduction Thomas J. Allen and Rory O'Shea; 2. The second academic revolution: the rise of the entrepreneurial university and impetuses to firm foundation Henry Etzkowitz; 3. University-based entrepreneurship: a literature review Rory O'Shea, Ciara Fitzgerald, Harveen Chugh and Thomas J. Allen; 4. Creating the entrepreneurial university: an analysis of the development of the MIT entrepreneurial ecosystem Rory O'Shea, Elliot Fishman and Thomas J. Allen; 5. Inventing the entrepreneurial university: Stanford and the co-evolution of Silicon Valley Timothy Lenoir; 6. The partnership between entrepreneurial science and entrepreneurial business: a study of integrated development at UCSD and San Diego's high-tech economy Mary Walshok and Carolyn Lee; 7. Knowledge for the world: a brief history of commercialization at Johns Hopkins University Maryann Feldman, Pierre Desrochers and Janet Bercovitz; 8. From ivory tower to industrial promotion: the case of Yale University and the biotechnology cluster in New Haven Shiri Breznitz; 9. Fostering cross-campus entrepreneurship - building technology transfer within UCD to create a start-up environment Colm O'Gorman and Frank Roche; 10. Stimulating academic entrepreneurship and technology transfer: a study of King's College London commercialization strategies Mike Wright and Igor Filatotchev; 11. KU Leuven: complementing inception dynamics with incubation practices Petra Andries, Bart Van Looy and Koenraad Debackere; 12. Toward a 'Global Knowledge Enterprise': the entrepreneurial model of the national university of Singapore Poh-Kam Wong, Yuen-Ping Ho and Annette Singh; 13. The path to the entrepreneurial university in China: a case study of Northeastern University, China Chunyan Zhou; 14. Public research organizations as a base for high-tech entrepreneurship in Europe: the case of IMEC and INRIA Philippe Mustar, Mirjam Knockaert and Bart Clarysse; 15. Conclusion: strategies for enhancement of academic entrepreneurship Rory O'Shea and Thomas J. Allen; Index.