Abstract
The third mission of universities, the one that allows the commercialization of research results, has assumed a strategic role and primary importance in government policies, in Europe as well as in the rest of the world. Although this attention has raised interest around topics such as technology transfers and university spin-offs, the scarcity of available resources and the conventional university culture still did not allow us an optimal use of the opportunities related to this type of activity. It is necessary to develop a network among university, public sector, business and finance to create value and transform into business projects the result of years of academic research. The aim of this work is to investigate the phenomenon of USOs and the possible link with the private equity and public funding emphasizing that this network creates value for universities, investors and the community itself.
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Notes
- 1.
The first phase is the analysis of deal flow, during which most of the initiatives are being discarded, criteria are dictated by the strategic guidelines of the investor, then the geographical location, industry, type of product or service must be assess. Proposals that pass to the second step are subjected to further analysis about the economic and financial aspects, market outlets and the amount of funding. Finally, for all the initiatives that pass the first two steps, the due diligence phase opens, ad it will end with the careful selection of projects to be funded.
- 2.
PHE377 is a small molecule TRP1 receptor antagonist highly effective in several pain models, including pain of neurophatic origin.
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Piccarozzi, M. (2013). An Innovation Transfer’s Network: University Spin-Offs, Venture Capital and Public Funds. In: Spagnoletti, P. (eds) Organizational Change and Information Systems. Lecture Notes in Information Systems and Organisation, vol 2. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-37228-5_27
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DOI: https://doi.org/10.1007/978-3-642-37228-5_27
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