The Role of faculty owned businesses in entrepreneurial universities

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2015
Yüksel, Peyman
This thesis explains how universities have evolved towards entrepreneurial universities, the role of these universities in country’s development and how these universities have achieved knowledge commercialization, the major objective of third generation universities. Among many alternatives, faculty-owned businesses, called academic spin-offs, are the most direct but controversial way, in terms of their academic duties, used to achieve this objective. In addition to academic spin-offs, technology transfer offices, and science and technology parks used for the knowledge commercialization process, are discussed. The studies in the literature suggest that as the universities have moved from science-based to entrepreneurial universities, they have changed their goals and policies. As an example from the Turkish universities, the development and the current state of academic spin-offs at the Middle East Technical University (METU) are presented. Since METU is ranked the highest among Turkish universities in terms of Entrepreneurial University Index prepared by the Turkish Ministry of Science, Industry and Technology, the place of academic spin-offs at METU will help us to understand the state of academic spin offs operating in Turkish universities.

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Citation Formats
P. Yüksel, “The Role of faculty owned businesses in entrepreneurial universities,” M.S. - Master of Science, Middle East Technical University, 2015.