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 knowing of collage spin-off construction and improvement in environments open air the high-tech clusters of the U.S.. whereas there was enormous college spin-off task across the world in recent times, a variety of significant features are little understood. The authors argue that the nature of universities is altering as decreased public investment displays a public debate on their function in society. a big point of this overseas phenomenon is an elevated emphasis at the commercialization of collage examine and on educational entrepreneurship. those new ventures accordingly contain the spinning-off of know-how and information generated via universities. The authors undertake a multi-level procedure of their exam of collage spin-offs. eu case experiences are particularly chosen to mirror the variety of the institutional atmosphere. In specific, devices of research concerning universities, know-how move workplaces, spin-off enterprises, finance companies and person marketers and groups are commonly analysed in quantitative and qualitative reports. To finish, coverage implications for the long run winning improvement of spin-offs are pointed out. This interesting ebook will attract a wide-ranging viewers together with lecturers, coverage makers, researchers and practitioners with an curiosity in educational entrepreneurship and collage spin-offs, and, extra ordinarily, in company and administration and entrepreneurship.
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Additional info for Academic Entrepreneurship in Europe
This resulted in the mid-1990s in the extremely successful, visible and proﬁtable initial public oﬀerings (IPOs) of some high-tech ﬁrms created in the mid and late 1980s. Among the most notable were Lernout & Hauspie in Belgium and Ilog in France. These successful and visible IPOs received a lot of media attention and alerted universities that the technology developed inside their research laboratories might be much more valuable than they had initially thought. In order to structure the development of technology and accelerate the start-up of IP based spin-oﬀs, universities started to lobby for the introduction of Bayh–Dole-type of acts in the diﬀerent countries.
Notes: The ease of doing business index ranks economies from 1 to 155. The index is calculated as the ranking on the simple average of country percentile rankings on each of the ten topics covered in Doing Business in 2006. The ranking on each topic is the simple average of the percentile rankings on its component indicators. Protecting investors Enforcing contracts Closing a business 22 Academic entrepreneurship in Europe accountant and other advisers to help them in this start-up process, which creates both a psychological and a ﬁnancial barrier to starting up a venture.
In the UK, for example, the government published a white paper at the end of 1998 on competitiveness (Our Competitive Future: Building the Knowledge Economy) and one in 2000 on research and technology transfer (Science and Innovation: Excellence and Opportunity) (DTI, 1998; 2000). These two reports deﬁne ‘a new approach to industrial policy based on knowledge, competencies and creativity’ and propose measures that primarily concern ‘technology transfer and the creation of high-tech ﬁrms’. In France, the Innovation Act of 12 July 1999 aims primarily at ‘promoting the creation of technologically innovative ﬁrms’.