From Bureaucratic Tech Transfer to Entrepreneurial Technology Commercialization Norris Krueger, Max Planck Jack Brittain, University of Utah (Brian Cummings, University of Utah) (Steve Nichols, University of Texas) NCIIA 2009
In less than 4 years...
94% still alive
Lowest cost per-spinout
What can we learn?
Looks like entrepreneurial development!
Leadership in the Process
Changing the Culture
Engaging the Ecosystem
Links Grown by Bridging Assets
Understanding not Blind Advocacy
2. Leadership in the Process
Professionals – no more amateur night
Private sector leadership
Develop & use the right metrics
Media as ally
Find the Munificence
Create the Munificence?
Critical Mass (Aggregate?)
Supply of Potential Entrepreneurs
4. Changing the Culture
Basic -> Applied Research
Understanding Entrepreneurial Dynamics
T & D
Walk the walk... model the behaviors
Be an “arsonist”?
Utah's Efforts (a sampler) Technology Titans (Science idea competition) Lassonde New Venture Development (scholarships to upwards of thirty graduate students to assess U of U technologies) Faculty Mentoring Program Entrepreneur-in-Residence Executive- in-residence Launch Pad Student Venture Fund