Academic Start-ups: International Experiences

Abstract

This study delves into the realm of academic startups, specifically those established through the utilization of university-owned assets, and appraises their performance using three pivotal metrics: funding, innovation, and incubators. The analysis reveals that venture capital serves as a crucial indicator of a startup's rapid growth and success, highlighting the significant role of financial backing in scaling operations.

 Innovation emerges as another vital metric, showcasing a startup's prowess in leading its sector by fostering the development of novel products, ideas, and experiences. The third metric, university-affiliated business incubators, plays an instrumental role in launching successful startups by providing essential support structures that enhance their growth trajectory. The findings further demonstrate a consistent correlation among these metrics across various international case studies.