Includes bibliographical references (p. 200-213) and index.
Introduction -- Public policies to foster academic spin-offs -- Types of spin-offs -- Processes at the institutional level : incubation models -- Processes at the firm level : phases and models of development -- Entrepreneurial teams in spin-offs -- Financial constraints and access to finance -- Conclusions and policy implications.
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.