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Academic Entrepreneurship in Europe

Mike Wright, Professor of Entrepreneurship and Director, Centre for Management Buyout Research, Imperial College Business School, London, UK and Visiting Professor, University of Ghent, Belgium and ETH Zurich, Switzerland, Bart Clarysse, Professor of Innovation and Entrepreneurship, Vlerick Leuven Gent Management School, Gent University, Belgium and Professor of Innovation, Institute for Enterprise and Innovation, Nottingham University Business School, UK, Philippe Mustar, Professor of Innovation, Entrepreneurship and Public Policy, École Nationale Supérieure des Mines de Paris (MINES ParisTech) and Researcher, Centre de Sociologie de l’Innovation (ENSMP-CNRS), France and Andy Lockett, University of Warwick, UK
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.
Extent: 240 pp
Hardback Price: $128.00 Web: $115.20
Publication Date: 2007
ISBN: 978 1 84542 648 4
Availability: In Stock
Paperback Price: $47.00 Web: $37.60
Publication Date: 2008
ISBN: 978 1 84844 180 4
Availability: In Stock
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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.

The authors adopt a multi-level approach in their examination of university spin-offs. European case studies are specifically selected to reflect the diversity of the institutional environment. In particular, units of analysis involving universities, technology transfer offices, spin-off firms, finance providers and individual entrepreneurs and teams are extensively analysed in quantitative and qualitative studies. To conclude, policy implications for the future successful development of spin-offs are identified.

This fascinating book will appeal to a wide-ranging audience including academics, policy makers, researchers and practitioners with an interest in academic entrepreneurship and university spin-offs, and, more generally, in business and management and entrepreneurship.
‘The structure of the book and the organisation of material within chapters are well thought out with the authors skilfully weaving empirical material from diverse sources into an easily readable holistic account of the university spin-off phenomenon. . . Many of the lessons learned and conclusions drawn from this work are applicable to academic entrepreneurs in whichever faculty or subject area they work.’
– David Woollard, International Journal of Entrepreneurial Behaviour and Research

‘This timely book fills a gap in the knowledge market. . . The authors should be applauded for taking the time to write and share their knowledge with us. This book will be welcomed by practising researchers. . . It will also be welcomed by busy lecturers, policymakers, students and chief executive officers.’
– Robert Smith, Entrepreneurship and Innovation
Contents: Preface 1. Introduction 2. Public Policies to Foster Academic Spin-Offs 3. Types of Spin-Offs 4. Processes at the Institutional Level: Incubation Models 5. Processes at the Firm Level: Phases and Models of Development 6. Entrepreneurial Teams in Spin-Offs 7. Financial Constraints and Access to Finance 8: Conclusions and Policy Implications References Index