Universities are now in the business of managing intellectual property portfolios and commercializing discoveries from their laboratories. Much of the money universities make from this is in the form of licensing revenue and IPO-related wealth. However, managing intellectual-property portfolios is still a very new business for universities, and administrators and policymakers are still uncertain about how best to navigate the many practical and fundamental issues that arise. Written for both practitioners and academics, "The Chicago Handbook of University Technology Transfer and Academic Entrepreneurship "provides a clear outline of the broad set of new practices and institutions that have sprung up to manage and sell intellectual property, from university technology-transfer offices and cooperative-engineering research centers to vast research parks. To determine what makes technology transfer work, the question is approached from a variety of perspectives: historically, internationally, and from the perspectives of professors, entrepreneurs, administrators, and regulators. Some chapters offer guidelines and examples of how to foster and maintain successful research ventures from various perspectives. Others explore how developments in university technology transfer affect the public interest and inform the notion of open innovation and science. "

The Effectiveness of University Technology Transfer reviews the numerous studies of the effectiveness of university technology transfer and presents recommendations on how to enhance effectiveness.

Seminar paper from the year 2016 in the subject Business economics - Miscellaneous, grade: 1,3, Technical University of Munich (TIM Lehrstuhl), course: Advanced Seminar Innovation & Entrepreneurship, language: English, abstract: Commercialization of research results within science became more important within the last decades. Especially universities are increasingly challenged to fulfill their third mission of commercialization. Technology transfer from science to industry is broadly based as it ranges from consultancy to the creation of spin-offs, which is the most visible form of technology transfer from science to industry. One opportunity to facilitate technology transfer in terms of spin-off creation is to establish technology transfer offices at research institutions to support scientists in creating spin-offs. Despite the fact, that research has made important contributions regarding the influence of scientist's individual characteristics on spin-off creation, literature is still lacking regarding the influence of TTOs on scientist's propensity to create a spin-off. In my work I am trying to provide first insights into the perception of TTOs by scientists and which aspects of consultancy offered by TTOs are of most importance for academic entrepreneurs during the creation of a spin-off.

Seminar paper from the year 2016 in the subject Business economics - Miscellaneous, grade: 1,3, Technical University of Munich (TIM Lehrstuhl), course: Advanced Seminar Innovation & Entrepreneurship, language: English, abstract: Commercialization of research results within science became more important within the last decades. Especially universities are increasingly challenged to fulfill their third mission of commercialization. Technology transfer from science to industry is broadly based as it ranges from consultancy to the creation of spin-offs, which is the most visible form of technology transfer from science to industry. One opportunity to facilitate technology transfer in terms of spin-off creation is to establish technology transfer offices at research institutions to support scientists in creating spin-offs. Despite the fact, that research has made important contributions regarding the influence of scientist’s individual characteristics on spin-off creation, literature is still lacking regarding the influence of TTOs on scientist’s propensity to create a spin-off. In my work I am trying to provide first insights into the perception of TTOs by scientists and which aspects of consultancy offered by TTOs are of most importance for academic entrepreneurs during the creation of a spin-off.

Combining best practices, empirical studies and the authors’ own research on technology transfer offices (TTOs), technology transfer, ecosystems and scientists in the principal investigator role, this book presents a business model framework for TTOs. From a practitioner’s perspective the business model framework captures key elements of TTOs’ strategic and operational activities that are needed for effective management and leadership. Moreover, the frameworkaddresses central issues including strategy, organisational structure, staff and resources, activities, mechanisms, policy and procedures, and evaluation and outcomes, while also consideringcontextual factors that directly and indirectly affectTTOs, namely thecommercialisation culture and ethos,as well as researchers’ commitment, awareness and motivation. For each element of the framework, the book outlines the key success factors and facilitating factors that enable effective technology transfer.

Demystifying technology transfer—an increasingly important but little-understood aspect of research universities' mission. How do we transfer the brilliance of university research results into new products, services, and medicines to benefit society? University research is creating the technologies of tomorrow in the fields of medicine, engineering, information technology, robotics, and artificial intelligence. These early-stage technologies need investment from existing and new businesses to benefit society. But how do we connect university research outputs with business and investors? This process, Tom Hockaday explains, is what university technology transfer is all about: identifying, protecting, and marketing university research outputs in order to shift opportunities from the university into business. In this detailed introductory book—a comprehensive overview of and guide to the subject—Hockaday, an internationally recognized technology transfer expert, offers up his insider observations, opinions, and suggestions about university technology transfer. He also explains how to develop, strategically operate, and fund university technology transfer offices while behaving in accordance with the central mission of the university. Aimed at people who work in or with university technology transfer offices, as well as anyone who wants to learn the basics of what is involved, University Technology Transfer speaks to a global audience. Tackling a complex topic in clear language, the book reveals the impressive scale of patenting, licensing, and spin-out company creation while also demonstrating that university technology transfer is a commercial activity with benefits that go well beyond the opportunity to make money.

The recent momentum and urgency around translating science and technology into health innovation is inspiring. It is transforming academia, too, as the rapidly-evolving world of health innovation has given rise to a new breed of academic - the academic entrepreneur - who works to move ideas from initial research to practical implementation. The work of these individuals is crucial to realizing the potential of investments in better care, and yet there existed no central repository for information and wisdom relevant to their mission; no place to house and explore the evolving knowledge base around translating evidence into impact.We aim to build one. In the spirit of collaboration, the Children's Hospital of Philadelphia (CHOP) Research Institute collaborated with the University of Pennsylvania's (Penn) Institute for Translational Medicine and Therapeutics (ITMAT) to seed fund a grassroots effort of editors, subject matter experts, and translational research students to create a free open education resource stored on ScholarlyCommons (University of Pennsylvania, Philadelphia, PA).Academic Entrepreneurship seeks to build a diverse community of empowered professionals who know how to bridge the worlds of academic research and commercialization to turn ideas and discoveries into innovations that provide value to patients, providers, and healthcare systems, thereby realizing full market potential and societal impact. This book is a repository of tools, advice, and best practices that establishes a foundation for academic researchers and innovators wherever they may reside.Recognizing that academic entrepreneurs are busy and bright, and have limited time to learn entrepreneurship, the chapters in this book were designed as an efficient and state-of-the-art source of guidance. With carefully curated content as a strong foundation, the reader will have quick introductions to key topics in academic entrepreneurship and innovations with a list of resources for those who wish to go further.This book was created as a limited print run of the first edition of the living content stored in the University of Pennsylvania's open access repository, ScholarlyCommons, as of 1/1/2020. As a living e-textbook, the content of Academic Entrepreneurship for Medical and Health Scientists is continuously enhanced and revised.