New strategies or approaches are needed to improve the effectiveness of university commercialization efforts, as are new yardsticks for success. To many universities, the only measure of success has been the dollar value of research discoveries that have been patented or licensed. This White Paper argues that universities need to take a broader view and see themselves as an essential part of an innovation ecosystem. Such systems are like a series of overlapping communities with university researchers, students, and infrastructure at the core. Successfully nurturing such an ecosystem is likely to be more important to the long-term health of a research university than the success of any individual discovery.
To read the full, original article click on this link: White Paper: Research Universities Commercialization and Entrepreneurship: New Strategies for Success | Huron Consulting Group
