The University and the Start-Up:Lessons from the Past Two Decades
- 736 Downloads
This paper explores one of Edwin Mansfield's enduring interests: the interface between academia and industry. It highlights some key lessons regarding the management of university-based spin-outs, drawing on a variety of sources. I highlight the challenges that the spin-off process poses, the impracticality of directly financing firms through internal venture funds, and the ways in which universities can add value to faculty ventures.
Unable to display preview. Download preview PDF.
- 1.Atkinson, S.H., 'University-affiliated Venture Capital Funds,' Health Affairs 13, 159–175.Google Scholar
- 2.Bok, D., 2003, Universities in the Marketplace:The Com-mercialization of Higher Education, Princeton: Princeton University Press.Google Scholar
- 3.Mansfield, E., 1968, The Economics of Technological Change, New York: W.W Norton &Company Inc.Google Scholar
- 4.Mansfield, E.E., 1991, 'Academic Research and Industrial Innovation,' Research Policy 20, 1–12.Google Scholar
- 5.Jaffe, A.B. and J.Lerner, 2001, 'Reinventing Public R&D: Patent Law and Technology Transfer from Federal Labo-ratories, Rand Journal of Economics 32, 167–198.Google Scholar
- 6.U.S.Department of Justice, 1947, Investigation of Govern-ment Patent Pratices and Policies:Report and Recommen-dations of the Attorney General to the President, Washington, U.S.Government Printing Office.Google Scholar