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AD Meyer, K Aten, AJ Krause, ML Metzger… - International Journal …, 2011 - papers.ssrn.com

Creating a University Technology Commercialisation Programme: Confronting Conflicts Between Learning, Discovery, and Commercialisation Goals.

EPSCoR Research Infrastructure Improvement Program AND Program Evaluation

Aten, Metzger, Meyer

GSID: knXxdtOw4lMJ

Excerpt

Our knowledge-based society is pressing universities to transform from monastic scholarly enclaves into producers of new technologies and incubators of start-up firms. However, converting scientists' curiosity-driven discoveries into commercially viable innovations has proven so difficult that observers liken the journey to crossing a 'Valley of Death'. We conceptualize the challenges of commercializing university inventions in terms of three gaps: the technology discovery gap, the commercialization gap, and the venture launch gap …

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