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NOTE: Since 2009 the title of the International Journal of Entrepreneurship Education (IJEE) has been changed to the title above. ISSN numbers: IJEE 1649-2269 and IRE 2009-2822
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ISSN Number: 2009-2822. Frequency: 4 Issues per year (online only)
Spin-outs from Universities: Strategy, Financing, Monitoring and Incubation Models
IJEE Vol 2: Issue 3, 2004, Pages
Author(s): Mike Wright and Andy Lockett (Nottingham University Business School, UK)
Abstract:
Spin-outs of ventures from universities are growing in importance yet their process is little understood. This paper reviews evidence from the spin-out and university level relating to four key research questions: What mechanisms are in place to facilitate the spinning-out of new technologies into companies? What financial resources are made available by universities and outsiders to facilitate spin-out companies and at what stage? What mechanisms and processes are in place to monitor spin-out companies once they have been established? How effective are these systems and processes from the viewpoint of the participants and in terms of spin-out company success. Implications for practice and areas for further research are identified.
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