Tracking innovation : an examination of university research and its relationship to early stage venture capital
Name
54040149-MIT.pdf
Description
Full printable version
Size
2.61 MB
Format
Adobe PDF
Checksum (MD5)
bbff7c44c954b6ffdcad7dd022ccda2b
Author(s)
Collins, Andrew P. (Andrew Patrick), 1969-
Advisor(s)
Fiona Murray.
Date Issued
2003
Publisher
Massachusetts Institute of Technology
Abstract
In seeking to understand the relationship between university technology transfer and early stage venture capital, one must review the historical impact of the Bayh·Dole Act, the amendment of the "Prudent Man" rule by the Department of Labor, the historical association between academia and venture capital, as well as the rise and influence of formal and informal social networks. Within this thesis, one can observe the issues that arise in designing successful university commercialization processes and licensing relationships. Specifically, this paper will outline the common formal and informal elements found within the process of commercializing university-born technology and research at the Massachusetts Institute of Technology ("MIT"). Utilizing a sample set of licensing arrangements from MIT's Technology Licensing Office, a compilation of interviews with 10 early stage venture capitalists and a series of personal insights from academics and entrepreneurs, this thesis will seek to understand if a formal "entry point" exists for early stage venture capitalists seeking to harness the best university research for commercial applications.
Description
Thesis (S.M.)--Massachusetts Institute of Technology, Sloan School of Management, 2003.
Includes bibliographical references (leaves 67-68).
Subjects
Sloan School of Management.
MIT Department
Sloan School of Management
Terms of Use
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