A Lab-to-Market Ecosystem in an Academic Environment

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Author(s): Craig W. Dye (University of Maryland, USA)and David F. Barbe (University of Maryland, USA)
Copyright: 2015
Pages: 20
Source title: Competitive Strategies for Academic Entrepreneurship: Commercialization of Research-Based Products
Source Author(s)/Editor(s): Anna Szopa (Jagiellonian University, Poland), Waldemar Karwowski (University of Central Florida, USA)and David Barbe (University of Maryland, College Park, USA)
DOI: 10.4018/978-1-4666-8487-4.ch006

Keywords: Business & Management / Business Science Reference / Entrepreneurship & Innovation / Management Science

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Abstract

This chapter will examine the challenges and opportunities confronted in the commercialization of research-based technologies in a university setting. Particular focus will be brought to the identification and creation of a university-based entrepreneurial ecosystem and ways of sustaining it. To provide more detailed context, the authors will cite specific programs and outcomes from these programs, resources and strategies currently utilized and embodied by the Maryland Technology Enterprise Institute, Mtech, at the University of Maryland, College Park (UMD). Particular challenges and obstacles will be discussed including intellectual property issues, conflicts of commitment, and conflicts of interest. Finally, as a way of assisting others in creating a university-based entrepreneurial ecosystem, guidance will be given as to the resources necessary to create and sustain it.

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A Lab-to-Market Ecosystem in an Academic Environment

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