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Challenges in University Technology Transfer and the Promising Role of Entrepreneurship Education

Kauffman: Emerging Scholars Initiatives, Forthcoming

33 Pages Posted: 30 Jul 2010 Last revised: 25 Oct 2013

Andrew J. Nelson

University of Oregon

Tom Byers

Stanford University - Management Science & Engineering

Date Written: October 24, 2013

Abstract

This paper outlines the many challenges that confront efforts to commercialize university technologies via spinouts or startups, and it discusses the role of entrepreneurship education in relation to these challenges. We begin by considering the role of startups vis‐à‐vis other mechanisms in the commercialization of university research. We then outline the resource requirements for successful startups, including financial resources; facilities; specialized equipment; and people, including potential managers, team members, board members and advisors. Next, we consider the role of entrepreneurship education in addressing these resource requirements and, drawing upon an extensive literature review, we elaborate on best practices for entrepreneurship education in terms of audience, curriculum, and external engagement. Finally, we highlight a number of important distinctions between entrepreneurship education and technology transfer, and we propose a set of questions that can aid programs in assessing the relationship between these areas. Ultimately, we point to a number of ways by which entrepreneurship education can enhance technology transfer, but we caution against excessively close relationships and the cooptation of entrepreneurship education for technology transfer aims.

Keywords: Startups, University Spinouts, Technology Transfer, Research Commercialization, Entrepreneurship Education, Management Education

JEL Classification: I2, M13, O3, O31

Suggested Citation

Nelson, Andrew J. and Byers, Tom, Challenges in University Technology Transfer and the Promising Role of Entrepreneurship Education (October 24, 2013). Kauffman: Emerging Scholars Initiatives, Forthcoming. Available at SSRN: https://ssrn.com/abstract=1651224 or http://dx.doi.org/10.2139/ssrn.1651224

Andrew J. Nelson (Contact Author)

University of Oregon ( email )

Eugene, OR 97403-1208
United States

Tom Byers

Stanford University - Management Science & Engineering ( email )

473 Via Ortega
Stanford, CA 94305-9025
United States
650-725-8271 (Phone)
650-723-1614 (Fax)

HOME PAGE: http://www.stanford.edu/people/tbyers

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