Launching university ventures-policies, financing and strategy

Abstract

One of the main tasks of institutional framework creators is cultivating adequate productive enviroment for university ventures development. The university ventures should be specifically fertile for research and development commercialization and support and for positioning universities as profitable units within the educational system. The idea is to create supportive programs where research activities can migrate to the actual business environment, produce desirable products and/or services, compete on the market and generate profit.