Bridging the gap from research to high-technology ventures with experienced entrepreneurs Online publication date: Mon, 05-Feb-2018
by Karen A. Murdock; Majken Kramer Overgaard; Monika Luniewska Jensen; Jes Broeng
International Journal of Technology Transfer and Commercialisation (IJTTC), Vol. 15, No. 4, 2017
Abstract: The paper explores an alternative approach to the traditional transfer of university research output. This approach proposes a systematic search and matching of external experienced entrepreneurs with university researchers to stimulate spinning out university-developed technology. 'Bridging the gap' (BtG) is a model for combining the experiences, market insight and network connections of experienced entrepreneurs and the technical knowledge and capabilities of university researchers to create a stronger basis for spin-outs. Inserting market knowledge and competences in the research domain of scientists optimises the selection of technology applications, which accelerates the spin-out process and generally strengthens the prospects for the emerging firm to achieve and sustain growth. Application of the model in two departments at the Technical University of Denmark provides empirical evidence for its usefulness.
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