University of Twente Student Theses


Recognizing early success criteria to attain funding and enhance university spin-off potential

Mamoutis, P. (2021) Recognizing early success criteria to attain funding and enhance university spin-off potential.

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Abstract:The purpose of this paper is to contribute on the raised research gap between early successful funding attainment by university spin-off firms. The factors that the paper explores comprises some of the potential characteristics that are involved in a spin-off. A particularly important element of the modern economic development is transfer of knowledge from the research level into the creation of commercial enterprise that will produce economic benefits for a given industrial context. This transfer is done with the creation of university spin-offs (USO’s), which play an important role on raising sustainable development goals, and in the process of transfer of knowledge. In USO’s, universities and governments are involved in assessing criteria of whether or not funding will be provided, thus, it is essential to better understand which factors could augment the likelihood of attaining governmental funding, and therefore the chances of survival and further success. Our findings reveal that business model and motivation are the main variables that affect governmental funding. We further suggest that managers and other policymakers take a broad view of this result to better understand, where and how could these factors have been determined.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
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