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niversities have long been touted for their role in regional and state economic development, not only for their well-established role in education and research but, increasingly, the commercialization of new technologies. New spinoff companies, based on intellectual property stemming from university R&D, offer a promising vehicle for technology commercialization and have the potential to generate jobs, and even enhance the quality of traditional faculty responsibilities. Furthermore, university, state, and federal policymakers are increasingly seeking ways to encourage the establishment of university spinoff companies and support their growth.
To read the full, original article click on this link: Predicting Spinoff Success | The New York Academy of Sciences
