By Mike Wright, Bart Clarysse, Philippe Mustar, Andy Lockett
Educational Entrepreneurship in Europe Wright, M. Clarysse, B. Mustar, P. Lockett, A. This booklet advances our knowing of collage spin-off construction and improvement in environments outdoor the high-tech clusters of the USA. whereas there was sizeable college spin-off task across the world lately, a variety of significant elements are little understood. The authors argue that the nature of universities is altering as lowered public investment displays a public debate on their function in society. an incredible element of this foreign phenomenon is an elevated emphasis at the commercialization of collage study and on educational entrepreneurship. those new ventures hence contain the spinning-off of expertise and data generated via universities. The authors undertake a multi-level strategy of their exam of college spin-offs. eu case stories are particularly chosen to mirror the range of the institutional setting. In specific, devices of study concerning universities, expertise move places of work, spin-off corporations, finance companies and person marketers and groups are largely analysed in quantitative and qualitative stories. To finish, coverage implications for the longer term winning improvement of spin-offs are pointed out. This attention-grabbing e-book will attract a wide-ranging viewers together with lecturers, coverage makers, researchers and practitioners with an curiosity in educational entrepreneurship and college spin-offs, and, extra as a rule, in company and administration and entrepreneurship.
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Additional resources for Academic Entrepreneurship in Europe
NUTEK, the Swedish Business Development Agency, is a national agency under the charge of the Ministry of Industry, Employment and Communication that handles issues concerning industrial policies. 2. VINNOVA, the Swedish Agency for Innovation Systems, integrates research and development in technology, transport and working life. VINNOVA’s mission is to promote sustainable growth by ﬁnancing R&D and developing eﬀective innovation systems. 3. Medical Research Council (MRC), Biotechnology and Biological Sciences Research Council (BBSRC), Natural Environment Research Council (NERC), Engineering and Physical Sciences Research Council (EPSRC), Particle Physics and Astronomy Research Council (PPARC), Economic and Social Research Council (ESRC), Council for the Central Laboratory of the Research Councils (CLRC) and the Arts and Humanities Research Board (AHRB).
In these autonomous regions in Belgium, the post-doctoral researchers can make use of a scholarship to get involved in the start-up process of a spinoﬀ company. In Germany, France and Flanders a return to the parent institution in case of failure of the start-up is provided for. For example, this is the case with the Max-Planck Institutes in Germany (Ambassade de France en République Fédérale d’Allemagne, 2000). Business training for academics Although researcher status is without doubt a condition sine qua non to create spin-oﬀ activity, it is not suﬃcient in itself.
However, the success of these markets has been mixed with, for example, the Neuer Markt closing in the aftermath of the bursting of the dotcom bubble. 5). Reﬂecting their emphasis on later-stage and buyout investments, although the UK and France are the most developed private equity and venture capital markets in Europe, they have considerably lower levels of early stage VC investment per percentage of GDP. Sweden’s early stage formal venture capital markets ﬁgure relatively highly, while those in Germany and Belgium are very low.
Academic Entrepreneurship in Europe by Mike Wright, Bart Clarysse, Philippe Mustar, Andy Lockett