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University spinoffs and technology commercialisation
Abdulraheem, Issa Adisa, Toyin
Abdulraheem, Issa
Adisa, Toyin
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2023-03-24
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Abstract
Academic entrepreneurship has different components including entrepreneurial university, university spinoffs (USO) and technology commercialisation, academic entrepreneurs, and knowledge transfer. This chapter discusses University Spinoff and its impact on technology commercialisation. It focuses on work-area research commercialisation in order to establish a link between university spinoffs and technology commercialisation. The impact of university spinoff as a core capability in the university work area is explored in this chapter. The university's function has evolved to include more than just teaching, community service and research, it now focuses on potential revenue generation through research commercialisation. University spinoff, leveraging competency, opportunity refinement, funding venture, venture credibility junction, and venture capitalist are the variables discussed in this chapter. Understanding these concepts will enable universities to match their operational goals with environmental sustainability and change the focus of all the stakeholders in the university system from the traditional system of teaching to academic entrepreneurship practices.
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Abdulraheem I., Adisa, T.A. and Sani, K.F. (2023). University Spinoffs and Technology Commercialisation. In I. Abdulraheem & T. A. Adisa (Eds) Academic Entrepreneurship in Nigeria: A Book of Reading (pp. 45-70) University of Abuja Press: Nigeria.
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en
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This is an author's accepted manuscript of a chapter published by University of Abuja Press. For re-use please see the publisher's terms and conditions.