Abstract:
This essay analyses the impact and importance of University Technology Transfer Offices with regards to
entrepreneurship. It also addresses underlying gaps between university research and its commercialization
leading to new firm creation. 15 research papers having more than 100 citations were chosen for the study. A
careful study reveals that technological transfer offices located in universities would play a key role in filing
and licensing of patents for the interested candidates. Moreover the practices that take place in universities
such as incubation programs, mentoring and project works help in developing entrepreneurial skills in
students which would be vital for technology commercialization. Based on the literature review done in the
study it can be said that so far the number for commercialized technology is quite low. Most of them being
qualitative studies call for more robust quantitative studies in order to validate the findings made by
inductive researches in the past. The essay has implications in practice for academicians and emerging
entrepreneurs as entrepreneurship and technology go hand in hand and changes faster than one could
imagine. This essay also has importance for scholars as it calls for a suitable framework and appropriate
research design to conduct meticulous research in the future and substantiate what past researches have
explored.
Description:
Thirteenth Biennial Conference on Entrepreneurship/ Edited by Sasi Misra, Sunil Shukla, Ganapathi Batthini
