University of Twente Student Theses

Login

Moving past Mediocre: identifying criteria and characteristics for early University Spin-Off funding acquisition and success.

Ruiter, E.S. (2021) Moving past Mediocre: identifying criteria and characteristics for early University Spin-Off funding acquisition and success.

[img] PDF
436kB
Abstract:University Spin-offs are vital in transferring knowledge to society, fostering innovation. USOs are a source of local and national economic growth and, therefore, of general economic impact. As USOs have ties to the university and different businesses and creditors, there is a highly complex structure. Due to the complexity of the structure of USOs, these firms might not always reach the desired outcome and enjoy the desired success. One challenge these USOs can face is the lack of financial resources when trying to create value due to the lack of credible historical data and the liability of newness. Not being able to acquire funding in this early stage of development could have a critical impact on the likelihood of survival of the USO in the long term. The goal here is to reduce the gap of unknown information regarding the funding of USOs. In this paper, efforts will be made to find more overarching factors of the acquisition of funding and USO success, using a database consisting of 242 feedback forms of funding proposals to the Dutch Research Council (NWO). Results show that having a comprehensive business model and having an appropriate team were significant factors that led to an increased likelihood of governmental funding.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration BSc (50645)
Link to this item:http://purl.utwente.nl/essays/86621
Export this item as:BibTeX
EndNote
HTML Citation
Reference Manager

 

Repository Staff Only: item control page