University start-ups are unique in the world of business and
entrepreneurship, translating research conducted at and owned by
universities into market-ready products--a complex process that
requires a combination of scientific, technical, legal, business,
and financial skills to be successful. Start-ups have the potential
to generate revenue for universities, enhance faculty recruitment
and retention, create jobs, and create investment opportunities for
venture capitalists and entrepreneurs.
Research to Revenue
presents the first-ever comprehensive guide to understanding,
starting, and managing university startups. By systematically
describing the process of translating academic research into
commercial enterprises, Don Rose and Cam Patterson give a thorough,
process-oriented, and practical set of guidelines that cover not
only best practices but also common--and avoidable--mistakes. They
detail the key factors and components that contribute to a
successful start-up, explain what makes university start-ups
unique, delineate the steps of building and managing them, and
describe how to foster and maintain start-ups at a university.
Written for faculty and staff working on campus, tech-transfer
officers, university administrators, and venture capitalists
unfamiliar with university structures,
Research to Revenue
ensures that any reader unfamiliar with technology
commercialization and entrepreneurship will understand the
fundamentals of the process, including intellectual property
rights, fund-raising, and business models. This work is an
invaluable resource for the successful formation and well-managed
operation of university start-ups.