University Spinoffs and Technology Commercialisation

Book chapter

Abdulraheem, I., Adisa, T. A. and Sani, K. F. 2023. University Spinoffs and Technology Commercialisation. in: Academic Entrepreneurship in Nigeria: A Book of Reading Nigeria University of Abuja Press. pp. 45-70
AuthorsAbdulraheem, I., Adisa, T. A. and Sani, K. F.
Abstract

Academic entrepreneurship has different components including entrepreneurial university, university spinoffs 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.

Book titleAcademic Entrepreneurship in Nigeria: A Book of Reading
Page range45-70
Year2023
PublisherUniversity of Abuja Press
Publication dates
PrintMar 2023
Publication process dates
Deposited04 Apr 2023
Place of publicationNigeria
ISBN9789787966693
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