Innovations arising from research conducted on college campuses is growing source for ideas and core technologies that drive business. This trend has led to the development of the term of the academic enterprise, which refers to the efforts and activities that universities and their industry partners to take in the hope of commercializing the results of research faculty. Because it is a relatively new phenomenon, the process of academic entrepreneurship was not as clearly defined as one would hope. Thus, the purpose of this paper is to use a number of scientific literature to develop a multi-stage business process model of academic entrepreneurship. This model is intended to guide potential interested parties on the basis of academic entrepreneurship, with an emphasis on improving the chances of success. The advantage of this approach is the definition of the activities, actors, and key success factors associated with each stage of the learning process of entrepreneurship. To conclude our discussion, highlighting the benefits of participation in the academic enterprise for a variety of potential stakeholders. "Hide
by Matthew S. Wood Source: Business Horizons 9 pages. Publication Date: March 15, 2011. Prod. #: BH426-PDF-ENG
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