Universities: Get Entrepreneurial!!

On-campus innovations aren’t being maximized commercially. In today’s global economy, more research needs to result in viable startups.

A recent report http://www.kauffman.org/pdf/NBER_0407.pdf by the Kauffman Foundation echoed Siegel’s opinion and highlighted university technology transfer offices as the bottleneck in the commercialization process. It called these organizations "monopoly gatekeepers" that focus on maximizing revenue rather than maximizing the actual numbers of commercialized innovations.

by Vivek Wadhwa

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