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Turning science into business: A case study of a major European research university

Author

Listed:
  • Azele Mathieu
  • Martin Meyer
  • Bruno Van Pottelsberghe

Abstract

The ‘entrepreneurial university’ is an increasingly frequent notion in debates about new ways of knowledge production and the changing relationships between university, industry and government. A rich literature has developed exploring outputs of such activity, most notably ‘patenting’, ‘licensing’, and ‘spin-outs’. There is also a literature exploring the organisational process in institutes of higher education (HEI’s). All too often these two streams of literature ignore each other. The objective of this paper is to make a bridging contribution by exploring the case of Université Libre de Bruxelles (U.L.B.). The main research question is: Does it pay to make the entire university entrepreneurial? Our observations suggest that this would be an effort that could possibly overstretch an institution’s resources. The U.L.B. case illustrates the potential for nurturing entrepreneurial activities locally as well as the possibilities and limitations of top-down actions instilling entrepreneurial culture mongst academic rank and file.

Suggested Citation

  • Azele Mathieu & Martin Meyer & Bruno Van Pottelsberghe, 2007. "Turning science into business: A case study of a major European research university," Working Papers CEB 07-035.RS, ULB -- Universite Libre de Bruxelles.
    • Handle: RePEc:sol:wpaper:07-035
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    Cited by:

    1. Nicolas van Zeebroeck & Bruno Van Pottelsberghe & Dominique Guellec, 2008. "Patents and Academic Research: A State of the Art," Working Papers CEB 08-013.RS, ULB -- Universite Libre de Bruxelles.
    2. Anja Schoen & Bruno Pottelsberghe de la Potterie & Joachim Henkel, 2014. "Governance typology of universities’ technology transfer processes," The Journal of Technology Transfer, Springer, vol. 39(3), pages 435-453, June.
    3. Daniel Ogachi & Lydia Bares & Zoltan Zeman, 2021. "Innovation and Scientific Research as a Sustainable Development Goal in Spanish Public Universities," Sustainability, MDPI, vol. 13(7), pages 1-12, April.
    4. Šárka Hrabinová & Jiří Novosák & Oldřich Hájek & Nataša Pomazalová, 2012. "Universities, human capital, social capital and enterprise: some lessons from the Czech Republic," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 60(2), pages 91-96.
    5. Secondo Rolfo & Ugo Finardi, 2014. "University Third mission in Italy: organization, faculty attitude and academic specialization," The Journal of Technology Transfer, Springer, vol. 39(3), pages 472-486, June.

    More about this item

    Keywords

    technology transfer; entrepreneurial university; patent; licenses; spin-off;
    All these keywords.

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • M13 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - New Firms; Startups
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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